Please guys, calm down. There is no need at all to be rude to each other.
Well Shizo, you are right. Things have changed a lot since then and I already regret it that I tried to come back joining this "trading community".
Here a few things before I log-off:
Demo or not: I am in demo most of...
Thinking about it, because I am not able to give any trading ideas in time when it comes to short term trading, let's use this thread for general discussions.
Maybe a Zoom group (of course for free and trading real money) would do a better job for short term trading.
My platform is always in Demo when I am not around and not trading!
My intention was not to sell you anything guys. Just to show a couple of things I believe are important like consistency, following the plan and so on.
I have no idea why everyone is kind of unfriendly and attacking everyone...
It is simply important to me to demonstrate that losing trades do not only result very often from bad management (hesitation, getting in too late, missing concentration, and so on). All this does usually not take place when you back-testing a strategy. But it will happen!
Short on CL after breaking the overnight low. Looking back, this trade was NOT correct regarding my trading plan. So, it was simply a trading error! The correct short would have been earlier (red arrow). -$870
Gold took out the 1806.1 level this morning and a bit later the overnight highs. Nice move of about $2,000. Unfortunately, I wasn't on my screens that time. :banghead: (I like this Emoji). Shame on me!
Agree. Unfortunately, it is not that easy to see what day (range-day, break-away-day) upfront.
See 9. - 13. June.
Therefore very important in my opinion: define the max. loss per day! This will save your ass during bad periods!
Back to trading: today is an incredible difficult day in the indexes (at least for me). In my opinion, the best a trader can do is not to trade under these conditions. Unfortunately, we don't know the conditions right from the start but right now I would not want to trade anymore until markets...
Entry/Exit points are shown on the chart. Yes, the little green/red triangles.
If you don't like the thread - don't follow it!
BTW this is true for all the frustrated wannabe traders here. It looks like some people just get up in the morning, jump on a forum and trying to unload there...
There was another short trade around 12045 in the ENQ. Wasn't sure because of the 12000 level but would have been a valid trade with target around the over-night low and then lower. Dammed! :banghead: