It's about 1932 CT on Monday. No trades taken today so PATIENCE is the watch word today.
The daily chart was showing a pretty solid down trend, but now there appears to be a bit of a bounce.
My 15min chart, against which my strategy runs, shows the FASTMA moving downward towards the SLOWMA. I am hoping we pick up speed there and maybe we'll get a short trade overnight. I know this works, but waiting is killing me.
If I run a back test from Jan 1 thru today, it shows 41 trades for $17k+ in margin. So on average it would have taken less that 15 trades per months, so wait I must.
I am in a bit of a quandary right now. I can get a 10 day trial of the TachEonTimeWarp tool from Back to the Future Trading for $250. Advertised learning curve is 7 to 10 days to be comfortable using it. Alternately, I can get 3 months of the Ultimate A.I. from Ultimate Scalper for $300.
During the eval, neither tool can generate revenue that I can realize as that won't happen until I pass the eval. Both tools can help me pass the eval faster. If I get TachEonTimeWarp, my license will be expired when I pass the combine and could not be used in the XFA account to generate revenue unless I buy a license for it. On the flip side, I could use Ultimate A.I. tool 8-10 more weeks to generate revenue. The Ultimate A.I. tool is $99/month after my 3 month trial. I suspect that the TachEonTimeWarp license is SIGNIFICANTLY more. Decisions, decisions, decisions!!??
With that I will leave you to ponder my dilemma. I think I'm retiring early. As always feel free to comment, share and/or shoot me a message with questions or observations.
Peace!~