A trader explains how to execute 30 trades in a single New York session by using displacement and reversion entries, sizing positions across multiple accounts, and stopping after three consecutive losses to manage risk.
How I'm able to place 30 trades throughout the day. I'll just simulate a random New York session. I see this is the fair price. There's a few different entries that I could take. Obviously, the displacement entry is going to give me a bunch of entries, and if it's coming back down, 95% of the time there is going to be a displacement. Sometimes it reverts in one candle, so I can't really catch that. But most of the time, I'm going to have a reversion there, there, there, there, there, there. So many reversions throughout the day. What I do is I notice how many points are in my favor on this one, how many points are in my favor on this one, and then of course trade the different accounts based on that because it's optimal to do so. Another example where it's only going one direction. It'll go like this. It won't revert. It'll continue going down. Maybe it'll stay. Stagnant and continue going down. Obviously those are worse for me because I have a bias back towards 9:30 here and it doesn't revert. So most of my trades are going to be losers, not all. And when it's stagnant, I'll usually take a trade in the stagnation phase where price is trending in one direction and just not reverting. If I lose 3 attempts in a row in one set, at that point there is something that I don't know, so I'm not going to trade anymore.
