Ron, as I mentioned to Charlie, the error in reading was on my end. I have a hard time with my vision sometimes and I'm still experimenting with "sizing" my monitor. All is well with my data feed.
I had a fairly dismal last quarter of '08, giving back a large chunk of my trading account. I nearly stopped trading in December, except for a few shots and didn't get back into it until well into January. I had to revisit all that I had done earlier in '08 that seemed to work. Actually, my trades started going in the toilet when I had to switch to the TF. That never did work well for me and I stubbornly stayed with it... at my extreme expense.
I still haven't found the Holy Grail, but my luck has greatly improved with the ES. I get much better fills, in and out, even at market most of the time. Another thing I did was kill that one minute chart I had been trading quite well until the TF came along. I'm now using the 5 minute exclusively. Trading breakouts, mostly, for a point or so. Trades used to last a few seconds but now I'm in for 5 minutes, or so.
I probably could actually live off of these trades, but fortunately, I don't have to. I try to be done by mid morning which is actually noon in NYC. Trading 8 contracts makes just a fractional gain become a nice income. I only glance at the charts after I get one or two quick scalps in the morning. I'm trying to have a life now that the weather is improving and I can get out. Spending less time on SI, too. |
