Today's work

Nice intraday long on YM today, with, most likely, more to come on the 240min and the daily. Also note how jumping on a tick chart to see the trigger adds to our bottom line.

Further notes:

• it's simply how life works: the minute chart, being time-based, will NOT give us the activity-based pullback, and thus the algorithmic entry signal. The tick chart, being activity-based, will (see them last night as well as in the morning session)

• for advanced Remek! traders: see the beautiful work our chop filter does, between 2.20am and 9.15am! No signals in sideways action! Signal when momentum re-emerges! Our algorithm rocks!

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YM minute and tick charts 2025 05 15

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YM the full picture 2025 05 15

• our Premium members already did the intraday work today, with, most likely, more to come on the 240m and the daily. Again, this is how this works. 

• The good part? Never too late to get our tools, and allow us to teach you how to do this. There's always a next setup, there's always a next trade!

• A giant bash is coming up: Victoria Day (Canada), May 19. Open House, huge learning and sales event. Mark your calendars!

• by the way, traders always ask us if we trade intraday. We don't see why we shouldn't, in the right circumstances.
  
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For the weekend

A beautiful day out there, finally, and what better time to take a good walk, grab a coffee and stop by your local library! And this time we have just found another worthy read.

The main takeaways:

• Yes, some optimization is necessary (and can be called learning). Yes, it’s a good idea to teach the software the most sensible settings.

• But never create an endless cycle of “optimization” as a cure for fear or lack of funds, or to avoid losing trades. That is not what optimization is good for.

• You don’t trade “settings”. You trade a valid concept. Never forget that. (And with Remek!, that’s exactly what you trade: a valid concept).

• As said above, overoptimization actually hides potential problems, so tread with care.

• If you still worry whether a SMA(20) or an SMA(18) is better, or if a 3m timeframe or a 500tick chart is better, sorry, you’re missing the point. We’ve been preaching that for ten years. But don’t take our word for it, read the words of a 50million dollar trader above. He says the same thing.

• We repeat: what matters is the concept. What you do, how you trade, must have a basis in reality, in the real behaviour of all the market participants. Our concept at Remek! is firmly grounded in that reality (see the Documentation for details).

• And then the icing on the cake: the author’s treatise on how to best define trailing stops (or any other actions for that matter!) ATRs! And how many? 3! Now you’re talking!

No, I haven’t seen this book before. Today was the first time I saw it or opened it. Glad to see 50million dollar traders in Zurich, Switzerland think of crucial aspects of trading just like us! We’ll let you do the rest from here. Our tool shop is open, and our dedicated traders’ club is ready to welcome you!

Mindful trading!