Recent content by SniperDaytrader

April 14, 2015 Another difficult day. Markets kept falling from the beginning and when the consolidation started the volume faded away leaving me with little chance to enter the market properly. And to add to my misery I had also some technical difficulties when I entered the market twice by...

Week 15 results My goal for this week was to regain confidence. I was trying to trade just the best setups with controlled risk. I was trading just 4 days (Tuesday till Friday). Most of the time the markets have been quite slow, specialy on Friday. I had 3 winning days + loss on Wednesday...

April 10, 2015 Very low volume and almost dead market today. The whole day was again about patience. T1 Even when I was expecting the market to move higher and thus having a long bias, this short came from my preplanned zone after I saw buyers fading out. I picked the local high pretty good...

April 9, 2015 Today, market was testing my patience... and I succeeded. There have been literally just couple of good opportunities. I missed one of them because I couldn´t react quickly enough and then I didn´t want to chase the market so I let it go. I ended up with a single trade. T1...

March 30, 2015 I am slowly regaining confidence after last week's fiasco. Today, I reached my perfect daily target after 30min of trading. T1 was a mistake. I took the trade too early. After I realized that, I quickly closed the position at BE+1 T2 I picked the highest high 6 ticks from...

So after a loss I should completely change my trading strategy, right? :) No, thanx. Even when I really made stupid trades yesterday, it is not a problem of the strategy. I don't expect you to understand so the further discussion is pointless.

March 25, 2015 When I started my blog I promised to share the good but also the bad. And there is always lot of bad days in trading. Even the best traders have bad days from time to time. For traders the bad day usually means that he lost a lot o money. And since I promised to share everything...

March 24, 2015 I was done for today after initial 50min. I reached my PDP (perfect daily target), so I was reluctant to trade more. I took first long near the low of the market and as you can see, it was also a good lesson why to take your first profit target quickly. The market fell...

When you struggle with your trading, nothing goes as it should, you do a lot of mistakes and the whole trading doesn´t make sense anymore it is time for a few days off. Not thinking about trading for a few days helps to clear your head and gain new strength. It always helped in my case. After...

Very good question. The reason why there is so much chaos with rollover is that nobody knows for sure. There is no clear rule saying when you should roll over. That is why traders use different rules for rolling over: 1. Some traders use date rule - 10.3., 10.6., 10.9., 10.12. (for NQ, YM, ES...

March 13, 2015 I rolled over and traded the new contract month today. I missed the first opportunity for long at 8:34 from my preplanned zone in NQ (point A). After that I kept waiting for some nice setup. (T1) That came after the market pulled back and looked like it is going to bounce off...

March 11, 2015 picking tops and bottoms Today I managed to pick several tops and bottoms with great precision, but I added also some sloppy trades to the mix. I ended up in profit again, but I could have done better without those trades. I tried couple of trades in Dow Jones and both ended up...

March 10, 2015 blackout Today´s market was extremely unpredictible for me. I felt that someone big kept pushing the market in desired direction. There have been lot of limit but also market orders entering the market and moving it in desired direction. This are conditions which are not really...

Trade like a sniper, part IV. – 3 pillars of success Accuracy of sniper shots is influenced by three main factors: weapon system (rifle + optics + accessories), ammunition and the shooter himself. Each of these components are equally important. Take the best modern sniper rifle with floating...

Hehehe. It is Krav Maga :D Well, I am training martial arts (Wing Chun Cheung style, Filipino Martial Arts) for 2/3 of my life so I decided I will do some MMA instead of cardio as supplement to my Workout program. Hate running, very boring. This is fun - I had black eye last week and my brother...