I can't believe what I was doing. Whipsawed by QM and CL, persistent to enter, already loss -$1100, and managed to breakeven with accumulated three contract. I didn't have guts as I was crushed early by CL. Almost give up on Loss $1000 but can't.
Bad trade on currency also. My system worked flawlessly on AUD and GBP. And I just took 10pips instead of 100pips offered.
I can't believe what CL did to me..again, early whipsawed was very rare happened. I thought there's gonna be OPEC meeting or something.
But I found out something interesting out of this mess. I previously used Tick Chart instead of Time Chart for CL. And today, I used solely on Time Chart. Interesting is TIme Chart gave 2 S/R and Tick Chart only 1. And which one worked better? The Tick Chart!!!
I think that which one gave less signal is more reliable. Next day I would took the lesser signal whether it's Tick or Time :)
Oh, about those Ground Zero title, I will tell it when the time come.
Hi DE. Keep up the good trading. I trade Cl/qm only. Do u have trouble getting good fill on qm? I can handle Cl yet with my account but struggling to get good fill in qm without always having to pay up. Thanks for any input
ReplyDeleteHi CC,
ReplyDeleteI had same problem just like u. My strategy need a QM coz of lack of capital. If I had more caps, I may avoid QM at all cost.
Minimal 1 tick slippage for QM, most of the time 2-3 ticks. You may use STOP LIMIT to avoid those, but you may be skipped the price and it's dangerous esp. for Stop Loss.
I used STOP LIMIT for Entry and STOP for Stop Loss.
Tq for ur comment :)