Hi, Jasinhbca
I am not qualified to give advice but I thought I might share some of my learning experience with you so you don't feel alone here.
I am experiencing the same thing with you every once a while. every time I think I know and good at something then the profit just disappeared and I...
I can't believe it has been a year since my last post. This will be my last post here and I hope it can be resourceful to lots of new traders that out there.
I have been working on a full time job for one year and the job has been very demanding and stressful. But I have never given up on...
3 trades, -2pt
Weekly:
PnL: 9.5pt;$434
Winrate: 67%
Avg trades per day: 3
Largest loser: -1.75pt
Largst winner: 4pt
Will not be posting in the next few weeks. Have a good weekend!
Thank you.
not at all. although I do have some habits to eye ball those fib levels(because Fib is the first concept I learned in trading), but they are not the considerations while taking trades.
I use pure bar by bar method and pattern recognition approach. Lately the result has been...
it is tricky. Certain type of trades do require some wiggle room. Some need some immediately follow through. I am catagorizing all my trades and trade management. But there is never guarentee in anything in trading.
Very nice trades! And Good catch on the reversal move on the first trade! Are...
I took more trades today. 5 trades.+2pt
Overall, I am not too happy the way I manage the trade.
Trade 2 is a bad hold. Got to remind myself always gave the trade wiggle room when the signal bar is Doji or has Overlapping /BW with previous bars.
L2 means- 2nd attempt to go down. the 2 leg move
BT is the breakout test
EMA gap means the price dipped below the EMA first time of the day and formed a small distance away from EMA.
They are all from Al brooks book
"Keep on Keepin' on". :-) Thanks, Nodoji.
So far, I found ES reacted better on "bar expression", such as: strong or weak signal bars, tick failure, trap etcs. Most of the setup often offers at least 1pt scalp.
2 trades. -0.75pt
Weekly:
PnL: 5pts ; $198
Avg trades per day: 2
winrate: 36%
Largest winner: 2.75pt
Largest Loser: -1Pt
Have a good weekend!
Remeber: #1 mission is still cutting marginable trades