Let me start first. Iβm trading the MNQ1! And I noticed there are a lot of predictable spring/upthrust reversals in the direction of the trend (Iβm Wyckoff biased, if thatβs a thing).
Wat works for you? Please use the format below. And feel free to give feedback π.
β
The biggest challenge:
Be patience and only trade confirmation on the 15M or higher timeframe.
Rules/Risk management
I only use volume/delta indicators for confirmation.
I use volume profile for key levels.
I only trade spring/upthrust reversals in the direction of the trend (higher timeframe).
I never short pre-market.
I trade long and short.
I never risk more than 0.5% of my total capital per trade.
I never average out in a losing trade.
I trade 1/2 times a day max. 1 pre-market, only at very strict condition. And 1 after market open.
Can/must do better
Expose (buy/sell) progressivly. Or “scale” in/out.
β
submitted by /u/Cheizer to r/FuturesTrading
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