Scalping the HSI & the K200 (SIM)

[boofis]

Ninja only works on 927.7 mate...

It's been working fine up until just now though, so I'm not sure if that's it or not. Have got the live feed back enough to fkcuk up one trade, but still not getting historical data.

 

[CanOz]

Actually queried them on this last week as i keep getting requests to update Java and the new security patch...but no...not yet they...

Hello,



The 927.7 version of TWS is required by NinjaTrader at this time. An update to a newer version will be coming in the future but it is currently unclear when an upgrade from the 927.7 build of TWS to another would occur at this time.

Sincerely,
Kyle
NinjaTrader Customer Service

You need to un-install TWS and re-install the proper version. Will send you an email with the link...

CanOz

 

[boofis]

Actually queried them on this last week as i keep getting requests to update Java and the new security patch...but no...not yet they...



You need to un-install TWS and re-install the proper version. Will send you an email with the link...

CanOz

Alright cheers, appreciate it.

 

[CanOz]

Alright cheers, appreciate it.

I'm really surprised you haven't had more issues, i couldn't even run TWS through NT with the newer version the time that i tried...

CanOz

 

[boofis]

Try and scalp couple ticks long (don't ask why ) and manage to make the best judgement to sell at the bottom of the bar and buy at the top gah fml. a;lskdfeoqwfj;oiawefj;o

 

[boofis]

So still ended up red. 6th day of live trading. Fairly happy with progress. There are good trades amongst the shat. Just a process of avoiding the shat and working the good trades for all they're worth. More sim and live to come!
Strengths
*Trading open well.
*Able to spot range better.
*Not aggressively position sizing while learning.
*Morning session.

Weaknesses
*Committing to trend days (spotting them early enough)
*Getting distracted with pointless crap cause of the hrs staring at the screen on ones own
*Arvo session.

I should note my life circumstances for anyone here who might stumble across this thread one day. I'm 23, quit all other life commitments (potential jobs etc.) to try and become a profitable trader and will hopefully get a gig with prop one day. I've got no other income. I'm lucky that I don't have rent to pay thanks to generous parents.
Let me say, this is the hardest thing I've ever tried to do and this thread will either show my entire progress from newb on the seng to professional. Or, like most, from newb to blown up.

 

[boofis]

Alright this is the compilation of stats for the last week in January.
It tells me I am first and foremost trading too much, I have far too many losing trades so I'm still over correcting and flipping at the wrong points.
I shouldn't be seeing any green dots within the 0 ~ 10 tick area of the scatter plot as even on a range day it's still possible to scalp that out, so I'm just closing early for fear of losing profits.
This was a red week on the whole so more practise needed.

 

[kid hustlr]

So you are trading on both the sim and with a live account? Or is it all still 'play money' at this stage?

 

[boofis]

So you are trading on both the sim and with a live account? Or is it all still 'play money' at this stage?

Both yeah. I'm trading live account of my own but still doing a heap of simulation (outside of market hrs) work aswell.

 

[boofis]

Have spent the morning on a static repeating pattern treasure hunt through charts of days gone by. Think I've got a few more ideas to work with, now just to get them ingrained and start to spot them as (if) they develop.

 

[Trembling Hand]

Both yeah. I'm trading live account of my own but still doing a heap of simulation (outside of market hrs) work aswell.

While you are doing that you want to be looking for "something".

Something that is repeated a few time a sess/day/week whatever. You will be surprised at how well it goes once you can frame you attack around a similar play. All of a sudden the noise is just that until you get your trigger to play. The Seng, I reckon, has heaps of them.

 

[CanOz]

While you are doing that you want to be looking for "something".

Something that is repeated a few time a sess/day/week whatever. You will be surprised at how well it goes once you can frame you attack around a similar play. All of a sudden the noise is just that until you get your trigger to play. The Seng, I reckon, has heaps of them.

Another little gem...

Thinking the Seng tests 22730 today...

Boofis, you get your TWS sorted?

 

[boofis]

While you are doing that you want to be looking for "something".

Something that is repeated a few time a sess/day/week whatever. You will be surprised at how well it goes once you can frame you attack around a similar play. All of a sudden the noise is just that until you get your trigger to play. The Seng, I reckon, has heaps of them.

That's what Ninjatrader has to say about that, "No more trading for you!".

Definitely trying to keep that in mind.
I think one of my biggest struggles at this early stage on a new market is the messy decision making process from having to take so much in (what's happening, have I seen this before, is this one of the patterns I was trying to spot, am I seeing this correctly, did that really just move 50 ticks the opposite way to what I was thinking .

Thanks for the input.

 

[boofis]

Another little gem...

Thinking the Seng tests 22730 today...

Boofis, you get your TWS sorted?

Na just did replays until late last night then was fooked so went to bed and rinse and repeat this morning. Should really do it I guess lol..

 

[CanOz]

Its looks like we've rolled to June on the HSI? It seems thicker than May....?

Yikes, my charts for this are tad screwy....730 seems a mile off...

Edit...well i was going to follow along with you guys today for some fun, but NT/IB won't cooperate and I've now lost all my charts and DOM...what a piece of gear.

CanOz

 

[boofis]

Its looks like we've rolled to June on the HSI? It seems thicker than May....?

Yikes, my charts for this are tad screwy....730 seems a mile off...

Edit...well i was going to follow along with you guys today for some fun, but NT/IB won't cooperate and I've now lost all my charts and DOM...what a piece of gear.

CanOz

Right you are Can! June it is.

 

[boofis]

After multiple attempts at fading that double top with the reversal bar (and being stopped out) finally got a good entry on it. Now the brutal part of when to take the chips off the table.
Covered 226. Look for re entry.

 

[boofis]

Happy with the fade of the opening move. Wasn't patient enough in waiting for it though. More lessons learned!
Another day down, nearly break even
PROGRESS!

To date, this leaves me with.....



Split today cause I made the first trades on May and the last ones on June, so just clearer organisation wise.
Off to fly in the sky for the weekend! adios

 

[>Apocalypto<]

View attachment 52507

Happy with the fade of the opening move. Wasn't patient enough in waiting for it though. More lessons learned!
Another day down, nearly break even
PROGRESS!

To date, this leaves me with.....

View attachment 52508

Split today cause I made the first trades on May and the last ones on June, so just clearer organisation wise.
Off to fly in the sky for the weekend! adios

Hats off to you Boofis, sim or live... really doesn't worry me... trading the k200 short term is bloody hard. I gave the k200 a crack in 2010 on sim and live got carted a few times and decided to trade nicer market like CL LOL...

enjoying your thread... good trading to you.

 

[boofis]

Hats off to you Boofis, sim or live... really doesn't worry me... trading the k200 short term is bloody hard. I gave the k200 a crack in 2010 on sim and live got carted a few times and decided to trade nicer market like CL LOL...

enjoying your thread... good trading to you.

Yeah, the asian markets can take one for a ride that's for sure haha.

Thanks and likewise to you on the black liquid!