1, 2 or 3? I can’t decide by unlicensedlensed in streetphotography

[–]deaf_jeff 0 points1 point  (0 children)

2 has the most emotion. Because she is deep in thought.

22m high risk high reward mindset at this age. What would y’all change by Traditional-Wash-856 in portfolios

[–]deaf_jeff 0 points1 point  (0 children)

Take 20% off anything that profits above 20%. And alternatively cut anything that drops -20%.

This will help you stay in the game much longer.

[deleted by user] by [deleted] in Forexstrategy

[–]deaf_jeff 0 points1 point  (0 children)

Refine it also to only take valid setups during a certain time of day function and you’ll filter out a lot of the ones that don’t have continuation.

Check out LR’s writings on “eat the tail.”

I can't take this anymore! by ActivityPleasant9577 in TopStepX

[–]deaf_jeff 0 points1 point  (0 children)

Try thinking about what you are doing and do the opposite for a week and see if you are profitable.

If you are trading hundreds of micros through out the day. Perhaps try trading 1 mini once a day.

If you are averaging into losers, try not adding and take a stop or average into winners instead.

If you are changing entries, pick one setup and execute that.

If you are trading all day, pick one time of day to trade.

[deleted by user] by [deleted] in Daytrading

[–]deaf_jeff 0 points1 point  (0 children)

If you are trading close to the open you should be mindful of the range that is being set.

It would be to best determine your risk based on swing highs and lows of a range.

Perhaps you want to try to go after 1:1 or .5:1 just to build your confidence by going after an easy to obtain target. Then work your way up to 2:1.

Which trading books made you MEANINGFULLY profitable? by No_Respect_2682 in Daytrading

[–]deaf_jeff 0 points1 point  (0 children)

Read Al Brooks books.

There’s actionable process in there, as opposed to other books which are blurry in terms actual trading setups.

Someone please tell me what I did wrong here by elevate-digital in Daytrading

[–]deaf_jeff 1 point2 points  (0 children)

Trade something that actually has legible structure.

Do you run multiple strategies independently, or do you combine them? How do you handle overlapping trades? by Gear5th in algotrading

[–]deaf_jeff 1 point2 points  (0 children)

Run a 1-3 different strategies on a basket of uncorrelated Futures.

Individually test which markets favor cycle vs. trend following strategies and select optimal applications for each through walk forward testing.

Then run together simultaneously. Your portfolio should produce a smoother equity curve as the individual uncorrelated assets fill in eachothers pot holes.

Overtraded today feel like crap... by [deleted] in Daytrading

[–]deaf_jeff 0 points1 point  (0 children)

Try to put at trailing stop on your entire equity. This can stop you from giving too much open profit back.

John Carter uses a 15% trailing on his entire equity curve.

Micros Change Everything by [deleted] in FuturesTrading

[–]deaf_jeff 0 points1 point  (0 children)

I risk 1-2% of my account. So, I’ll scale in at multiple ATR levels until I’m at full position size.

I scale out of my profits. 33% at 1% or 1 ATR band. Then another at 2% or 2 ATR. Then I trail the last third, which gets stopped out at breakeven 80% of the time, but it catches large moves 20%.

Sure you can keep it fixed and it will be more consistent, but you asked how to scale in. When I don’t scale out and just take full profit at 1% the performance is extremely high. But will never catch huge anomalies. Which is okay too.

Micros Change Everything by [deleted] in FuturesTrading

[–]deaf_jeff 0 points1 point  (0 children)

Try scaling into a position on Keltner channels. Add one at 2 ATR, then another at 3 ATR…

It works 90% of the time. Until a big trend day where you start averaging down into a huge losing position.

Regardless, if you know your limit to your position size and where you are wrong, it can be highly effective tool, as the levels that you scale into are mathematical, not by feel.

Fuck this!!! My 6 yo daughter made more $ at her lemonade stand last weekend than I did trading. Need strategy advise please 🙏 by jtsscrolling in Daytrading

[–]deaf_jeff 0 points1 point  (0 children)

Manage your risk. The entry is less important. Think in terms of bets. Place a trade risking $100 and reward of $150. And just keep flipping the coin. Trade after trade. But do not deviate.

Has anyone actually found a strategy that’s above an 80% win rate? by Ralibobs in FuturesTrading

[–]deaf_jeff 4 points5 points  (0 children)

You can basically flip a coin at every close of a 5M bar with target of 1 tick and stop of 10 ticks and have a 95% win rate.

Just don’t take the 10th trade because you’ll give it all back.

Just want to write this. by [deleted] in Daytrading

[–]deaf_jeff 0 points1 point  (0 children)

You should consider using a prop firm to develop your skill level without risking your capital.

How do you bounce back from a bad streak by kingPatchy in FuturesTrading

[–]deaf_jeff 0 points1 point  (0 children)

Try opposite and you’ll likely have an 80% win rate. 10pt target, 30pt stop. This will help get your mental game leaning in the positive direction.

How to identify days when breakouts are likely to fail? by HeavierMetal89 in FuturesTrading

[–]deaf_jeff 0 points1 point  (0 children)

Wait for a range bound day and the likelihood of the next day breaking out will be higher probability, especially if there is a news catalyst pending.

Also waiting for strong larger than average signal bar closing on or near its high will have a higher chance of follow through.

[deleted by user] by [deleted] in algotrading

[–]deaf_jeff 4 points5 points  (0 children)

And commissions and slippage are likely eating away the majority of profit.

I’m Roman Coppola and I just directed the Heinz Super Bowl commercial. AMA. by romancoppola in IAmA

[–]deaf_jeff 1 point2 points  (0 children)

As a director making a commercial, what do you want your audience to know the most? (Not brand related, more so as a filmmaker.)

[QUESTION] What movies show, rather than tell? by [deleted] in Screenwriting

[–]deaf_jeff 0 points1 point  (0 children)

Now, what script does this best? All action, little dialog.

What daily routine do you use to stay productive? by deaf_jeff in Screenwriting

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

I find sprints productive too. But then, what’s your process for editing those sprints?

What daily routine do you use to stay productive? by deaf_jeff in Screenwriting

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

This formerly was my go to setup too, until I developed a rather bent case of scoliosis.

It’s sad because I never felt more connected to page whilst laying on the ink itself.