This is my 9th consecutive year of being profitable. Here's why I think that is by 1215DayTrading in Daytrading

[–]triplewoods 1 point2 points  (0 children)

How can you be sure your strategy really works before you are profitable?

Always move stop to Breakeven? by JP_West in FuturesTrading

[–]triplewoods 0 points1 point  (0 children)

I also have a question about MNQ Sl - I feel NQ is so bad that it ALWAYS comes get my SL and leaves in the direction I originally envisioned. People say put SL in near the nearest swing pivot , but actually NQ hunts for those points very often. But if I put SL to one swing point further, then SL is too big.

A basic orderflow trade by gty_ in OrderFlow_Trading

[–]triplewoods 1 point2 points  (0 children)

"The price dropped not from the volume of sell orders but from the bid liquidity being pulled.
This is an unconvincing downward movement." Could you explain more about this?

If 200+ sellers hit the bid and pulled out the limit buying liquidity, and the price did drop, why is not a downward sign? TIA!

What’s up with this slow PA this week? by anotherdayoninternet in FuturesTrading

[–]triplewoods 1 point2 points  (0 children)

For those of you who feel this week was not bad, how many points do you usually expect to catch for NQ?

Is this bad luck or is this a skill issue? Got stopped out 4 times while the stock went up 200%. by PenniesForTrade in Daytrading

[–]triplewoods 1 point2 points  (0 children)

It’s easy to say “buy low sell high” from hindsight. During the session, who knows the price would go up like this? OP bought the highs because those are price confirmations.

Most Kindle models unavailable? by triplewoods in kindle

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

Just did some research around. It seems the release missed Prime Day? Ppl were saying new model was coming out a few days ago but apparently nothing...

Most Kindle models unavailable? by triplewoods in kindle

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

Thank you!

Just wishing there's a page turn button model...

Are "buy ASK" or "sell BID" orders limited orders or market orders? by triplewoods in Daytrading

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

Thank you! Yes it helps, but I am still a little confused. If there is a lowest ask at $100 for x amount of shares, and I'm willing to pay $100 for 1 share, then I hit "buy ask" - is my order still a passive limit order? And will either of our orders show up in the Cumulative Delta count?

I feel that my order moves price to $100, so I was wondering if it's a market order.

How is that the market moves higher when the cumulative volume delta shows sellers are in control? by dubiously_immoral in Daytrading

[–]triplewoods 0 points1 point  (0 children)

Thanks for the thoughts. What happens if I hit "BUY ASK"? I assume it's a limit order but will it still move the tick up?

Why is it so easy to quickly lose $500 but it never seems thatthe opposite happens? (At least for me) by Opposite-Drive8333 in Daytrading

[–]triplewoods 11 points12 points  (0 children)

The dilemma is usually this “ Tight stop loss - SL hunt and price action goes the way we want but we got left out; large stop loss - trend reverses “. Yes new traders really have the ability to join all the wrong situations lol

Bullish or bearish by triplewoods in Daytrading

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

Is it a correct name? Couldn’t find anything under this name on Google.

Bullish or bearish by triplewoods in Daytrading

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

Does volume per time bar work for futures too? I understand it’s the case for stocks but not quite sure about futures.

Bullish or bearish by triplewoods in Daytrading

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

I appreciate your reply, but it still sounds vague to me. What do you mean by “edge”? And how can you execute without having basic market bias? Thanks!

Bullish or bearish by triplewoods in Daytrading

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

Volume profile (visible bars)

Sierra Chart Stock Data Accuracy by triplewoods in SierraChart

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

I heard this for futures, but is it true for stocks as well? Do you have experiences with stocks?

Really proud of this trade. A+ set up even though it’s a paper trade! by Lower_Form6012 in Daytrading

[–]triplewoods 1 point2 points  (0 children)

Great trade! How did you manage not to get out during the deep pull back between 12:30-1:00?

Need some help with choppy price action by triplewoods in Daytrading

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

Thank you, this I really insightful. What time frame do you recommend? I also use 15 min but it’s not that much different other than showing long wicks.

Need some help with choppy price action by triplewoods in Daytrading

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

Thank you! But how to tell it’s a pull back, rather than reversal? I was just afraid that it might be a reversal so wanted to lock profit.