How to make discretionary trading consistent

How to make discretionary trading consistent

What do we offer just now?

  • Broadcasting to Discord of statistical price channel obtained using machine learning technology of search similar days for CME futures.
  • All future updates and developments will be included to your subscription, and price will never change.

What do you see on our charts?

  • Probable price zone
  • Probable levels day range
  • Probable volatility
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How to apply it?

Wait For Trade when the scenarios become directional 

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or price reach the daily range

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and we are sure that there is more strategies, but we do not have time for a full intraday trade.

Who we are and what we are doing for you.

We all are used to doing the same things day after day. Every day, leaving home, we expect to see the inviolability of physical laws, more or less the same weather (in the range of liquid water temperatures), and maybe faster mobile Internet. All the same in trading. We hope to meet repeating patterns and meta-patterns, but do we really remember the trading history? 

Our goal is to create an assistant trader based only on good statistics and machine learning. No simple averages, momentums, volumes and stochastic! Only quality data! 

Having invested many years in the development of automated trading algorithms, we came to the firm conclusion that robo-traders are utopia. 

The market is affected by millions of events and, as a result, it is a multi-variable - and this is an overwhelming task for a trading robot. If someone tells you the opposite, demand a 10 years backtest with 1000+ trades, deduct commission, subtract 1-2 ticks slippage and the bare truth will be in front of you. 

The biggest mistake of a trader is to develop a system in which he would be a performer. This is the same as a trading robot, only a less disciplined; the best way to ruin your deposit. 

What is the superiority of a man versus computer?

The intuition in discretionary trading, no doubt.

When and how to apply it?

Probably, you had experienced that I-have-already-seen-it inkling while trading, and then your brain suggested one, or assuming you’ve got an awesome brain, two memorable scenarios. 

But how do you know that there were no other scenarios? Plenty of them, perhaps. 

Welcome to the inception of the Similar Day project. 

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We took the day and compared it with all the days of the same trading instrument in the entire history available to us (approximately 10 years). 

Then we took a look at what happened next after each similar day and displayed all possible scenarios, that might have happened today. That is what you can see on our figures. 

What so special about this information?

First of all, this is the answer to the I-have-already-seen-it inkling. You get rid of the illusions of one scenario, you see all of them.

Second, you get the opportunity to apply your intuition and knowledge to the right area.

Third, you finally improve exclusively human abilities.

If you are interesting you can support us on Patreon and gain full access to our service and all future updates. https://www.patreon.com/waitfortrade

Joel Rensink

Derivatives/Futures Trader

5 年

Unique concept. ?Like your name "Wait for Trade" also. ?The only true edge we have.... ?Thanks. ?JR

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