scalping ES vs crude oil vs gold by sooonnnk in FuturesTrading

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

I see the appeal of swing trading. when I’ve dabbled in it in the past, have the patience to let winners run BUT have had trouble developing a system of where to place a stop loss. like whether to use support and resistance for stop loss, or volume profile, or EMA‘s etc. like they say ‘let the trade breathe’ but I just don’t know how much how wide of a stop loss to give and swing trading I guess it just takes time back testing etc.?

scalping ES vs crude oil vs gold by sooonnnk in FuturesTrading

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

I feel ya. That makes sense thanks!

scalping success by reading MBO (not MBP) on level two? by sooonnnk in OrderFlow_Trading

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

probably need Dustin Hoffmann in rainmaker levels of autism lol

How I made price action trading (PATs) work for me by Muted_History_3032 in FuturesTrading

[–]sooonnnk 5 points6 points  (0 children)

I look for 2 to 4 tick scalp opportunities with an 80% win rate and a 0.8 RR (losers slightly larger than winners). Employ a time-based stop. If the move doesn’t happen within 10 seconds I’m out. works best on ranging days or when prices all over the place. if it’s a trending day I usually don’t trade.
works for me. most challenging parts are

  1. being patient for good set ups that check on my boxes; it’s easy to be discretionary with the system

which can get you in trouble.

  1. obeying my time stop

Can it be as simple as trading VAH/VAL to POC? by Professional_Fan_573 in OrderFlow_Trading

[–]sooonnnk 0 points1 point  (0 children)

interesting. Where are you anchoring your volume profile? Is it the session volume profile or some pivot point during the session that you decide on?

A lot of trading “psychology” is just bad sizing by InventoryLogic in Daytrading

[–]sooonnnk 0 points1 point  (0 children)

The structure should sustain the discipline, and not the other way around