72. Alpha Hunters Niche


 

We have tried to buy the bottom tick and sell the top ticks for years and you can't. Nobody can do this. So, why try? 

Our niche is not saying we can do this. About 100% of the time you enter a trade, we bet you could have done better with a better entry-level. 

Our solution is to scale into trades and scale-out of trades. We found this to be the best day trading solution available. We had to do this by hand before. Yes, we had to enter at various levels not knowing in advance if these levels were mathematically sound. It was more of a guess for each trade position. For this reason, we built Go Fish Pro Max (GFP) that handles all the scaled-in models and exit models using real, predetermined tick levels. In other words, we organized it precisely. 

Niche - 

  • Wait for one or more of Alpha Hunters Entry Models to show up or about to show up on the charts.
  • Enter the first entry using Go Fish (Enter better ticks to start the process) using GFP.

    • Start with a small contract first entry.
  • Go Fish again after the first entry to improve our position by 50% or more X ticks back automatically using GFP.
  • Apply Fast Track Eddie scale in model automatically using GFP to stay within X ticks of the last price.
  • Apply Blanket Buy / Sell models to be more aggressive at times when the odds go higher in the favor of a potential move in our favor. 

    • Stay as low on per contract margin as we can. 5% is a target.
  • Set up $ and Tick profit targets in advance that exit X % percentage of contracts as the market goes in the trades favor. 
  • Enter and Exit at times even if below Break-even levels to lock in short-term profits. 

It does not matter to us if we did not nail the bottom price or top price, what works for use is the money management of the trade. We believe all markets turn (Cycles). We use the GFP app to organize this effort automatically each time. 

We won't trade without GFP Max. It would be psychically impossible to do all this with precision.  

The niche we have is Money Management. No one can be certain of any move, but what you can do is be in control of what you do.


Past performance is not necessarily indicative of future results.



Next -> More Trade Models 

73. Takes 3 Ticks to Make 1 Tick



Futures, Options on Futures and Forex trading involves a substantial degree of risk of loss and is not suitable for all individuals. An investor could lose the entire investment or, in some cases, more than the initial investment. Past performance is not necessarily indicative of future results.