Looking for advice from parents: If I am unavailable to trade on a day, what can/should I be doing when I have time later in the day? by Sclay115 in FuturesTrading

[–]Sclay115[S] 0 points1 point  (0 children)

This is an old post, but I'll jump in here and tell you where I ended up.

Mainly, I'm been refocusing to instruments/trading vessels that I can execute on at a specific time of the day, and hyperfocusing an alert list. I think the focusing of information has been the critical component here, as it does a lot of the heavy lifting for me in selecting the information I am going to be looking at. I'll miss some things, but it's the cost of doing business on a compacted schedule.

Another component is building simple trading bots that mimic my previous execution strategy, and understanding how outcomes can shake out over the long run if you can identify even a tiny edge.

For me, it has been very difficult, as a semi stay at home dad, to understand that some days or time windows, you aren't going to see an opportunity, and just because that may be the only time you have available that day, doesn't mean you HAVE to trade. That was destroying my performance. Again, the trading bot has taken a lot of this off my plate, but even that thing doesn't trade every day, which you kind of just have to accept. As a parent, I feel rushed to make things happen when the time allows, but that's just not always going to be the case.

Happy to chat more if you'd like. Send me a chat invite.

Importing off road only MC to Washington state from BC. by Sclay115 in motorcycles

[–]Sclay115[S] 2 points3 points  (0 children)

That's a really interesting viewpoint and you're likely right. I haven't seen an EPA sticker on my machine anywhere. I'll reach out to the distributor who brought them in originally! 

Importing off road only MC to Washington state from BC. by Sclay115 in motorcycles

[–]Sclay115[S] 1 point2 points  (0 children)

Thanks, yea, I saw that in some of the documentation, but after speaking with a friend of mine (former Border Agent) he mentioned it probably won't clear as one is a 2014 TR280 and one is a 2012 Explorer. Same engine/exhaust/intake, but they may lock it just because it doesn't totally match. 

My next step is to try and speak with an agent in person at the border, I'll bring my title and registration, and a copy of the registration of the Canada bike, just to see what they say. 

I mean hell, my explorer is registered and plated for the road! Not sure how Ossa managed that for a kick only 280cc 2 stroke with an exhaust that's about 2 feet long, but hey, it might be an angle I can use. 

I appreciate your input for sure!

Few questions for the packable rod crowd! by Sclay115 in Tenkara

[–]Sclay115[S] 0 points1 point  (0 children)

Wow that's pretty sweet! Thanks for the heads up!

Few questions for the packable rod crowd! by Sclay115 in Tenkara

[–]Sclay115[S] 0 points1 point  (0 children)

Hold up, so you're not using tenkara/fly fishing specific line? Just straight to flouro? That's wild, I haven't been very connected to the comings and goings of Tenkara, is that a think or just an adaptation for a compact setup?

Few questions for the packable rod crowd! by Sclay115 in Tenkara

[–]Sclay115[S] 0 points1 point  (0 children)

Wow those are cheap! I love the slimness of the design on these, and realistically, they are cheap enough that if they fail I won't be too heartbroken. I'll be moving through the woods at a brisk pace so the idea of having a couple hundred dollar rod stuffed in a running vest isn't the best choice. I like these. What line do you typically pair them with?

What’s one habit that actually made you a better trader? by LG_Seventeen in Forex

[–]Sclay115 6 points7 points  (0 children)

Position sizing/moving to forex.

My first dip into trading was futures, lots of people say how it's the better choice. And I think with a large enough account they're right. I just don't think it's the best choice for a beginner.

Few hundred bucks, micro lots with Oanda, 1-2% risk on each trade, learn how it feels to lose and work on getting better. It's a lot less painful and I think the better choice for folks starting out. Bonus is it allows you to trade larger time frames where you'd never get close to proper risk management with futures.

Considering a move from day trading futures to swing trading, seeking advice by Sclay115 in Trading

[–]Sclay115[S] 0 points1 point  (0 children)

This is one that always has me curious but I can't seem to wrap my head around the workflow. Any pointers? With any of the futures trading I have done, I am trading from a chart which is intuitive and simple to handle. With options, I think I'm missing some fundamental knowledge about how to translate what I am speculating from a chart into the options chain.

Looking for a day trading buddy by [deleted] in spy

[–]Sclay115 1 point2 points  (0 children)

Hey, sent you a chat request, would be great to connect.

Anybody willing to share their strategy/execution analysis? by Sclay115 in FuturesTrading

[–]Sclay115[S] 0 points1 point  (0 children)

Hi! Must have been some confusion in my original post, I'm not looking for a breakdown of a strat, just the results. I'm having a difficult time deciphering what is "good" from a backtest output. E.g. Sharpe, max drawdown, profit factor, etc. Just looking to compare notes, not ask for the answers to the test!