Thursday 21 July 2011

Just Keep Doing The Same Thing Over And Over Again

One of the keys to CP is finding a trading picture and trading it over and over again. Becoming a specialist in a trade allows you to get better and better in both trade recognition and trade execution.


A perfect example is yesterday's post and today's trades, buying VAL and selling VAH. As Yogi said: "It's like déjà vu all over again."



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4 comments:

  1. Anonymous22 July 2011 at 03:49

    Do you have a TradeStation version of your active fractal indicator posted anywhere? I see some of the other indicators but not that one.
    Thanks!

    ReplyDelete
  2. Anonymous22 July 2011 at 04:02

    EL,

    What's the largest slippage you've seen on a stop (during RTH)?

    Just curious - I had 6 ticks of slippage on a TF (Russell 2000) stop today, and not just after a number.

    I imagine that slippage can be / could have been worse with floor trading than electronic, and would depend a great deal on the competence of a given floor trader.

    Thanks,

    Dave

    ReplyDelete
  3. Electronic Local22 July 2011 at 06:22

    Anon, just google it, its not mine otherwise I'd post it.

    ReplyDelete
  4. Electronic Local22 July 2011 at 06:27

    Dave, 6 ticks in normal times is unusual. I can’t imagine how that can happen unless the stop was held on yr PC instead of the exchange. I’d check that out. I make sure all stops are held on the exchange or if the broker is decent then on his server. Different brokers, different exchanges and different types of orders are treated differently. Knowing where every type of order sits is important.

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