• Nic

LAST TRADES OF THE YEAR

Yesterday I have been completely unable to get to my desk and trade, and obviously a really good down day unfolded, which I completely missed. But the one thing I love about trading, or maybe I should be more specific and say scalping with order flow, is that I don't have to worry about missed opportunities. I don't have to worry about setting expectations (which most of the times the market won't meet) for a certain move up or down prior to the day. I don't have to make extensive technical analysis trying to find out the next move, I don't have to trade based on news or data or anything.


All I have to do is trade what's unfolding in front of me, finding short term opportunities just looking at how much buying and how much selling is happening in a particular moment. Find a moment to enter a trade when the likelihood of more buying or selling is gonna happen, with the smallest risk possible. Get in, get out, look the overall structure, find another opportunity. And be happy to take a loss, as long as the trade management was in line with the plan and the risk was minimal.


This morning I did take a couple small losses after the open, anticipating a move higher to squeeze the shorts. Then my long at 94 payed out well and got back in again long higher at 15 to 31 and at 37 to 41, allowing me to get 27 total points out of the first 20 minutes of the day.


Scalping the NQ with orderflow is really all about timing if you want to keep a minimal risk, and even though I'm pretty happy with my results so far, I still want to improve for next year and wait a tiny bit longer for the good setups to come up, because sometimes I sill anticipate the next move.


Don't be shy and contact me, looking forward to share my methodologies with all of you in 2020!


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Risk Disclosure: Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

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Hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.