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Crazy day. Between work and squeezing in a few trades on a big trend day, I managed to squeeze out a profit. I started Sunday night attempting to scalp in the direction of the trend and ended up counter trend scalping during RTH. Early during RTH, I tried to buy CAT, but tried to make the...

Lost $103 on three trades, all last night. Got out too quickly on R2K and realized my trades on CAD had a major negative expectancy soon after I exited these trades. I would not have had a specific, compelling reason to override going against those long odds. Nothing like paying to learn...

Yes, I’m definitely exceeding reasonable limits. 12 different setups, potentially 3 different time frames, 10 futures contracts, 14 equities, overnight option strategies again in the future, trading 3 sessions, sometimes all in a row, a job that’s considered full time although I have...

Any instrument with a ADR of 100+ ticks is more than good enough for me. We’ll see how long the volatility lasts in LE. Less than 80 ticks and I’ll probably look elsewhere.

Mercifully, the weekend comes around:

Scalping losses were $179 with a PL ratio of .573 with a win% of 36.3%. I spent three hours watching the market before my first trade. I noted at the time we started in a trading range then price moves came on strong with little correction before completely reversing. I figured market...

Back to micros and stocks exclusively tomorrow:

My goal is to get better at reading the trading day. Some days are tight-channelled trend days with small corrections, most seem to be trading range days, but usually with a good trend or two early in the session. After the early morning trend(s), if any, fixed, small targets for scalping is...

Corruption on a global scale causes premature deaths in Third World citizens. So basically the US and European countries enjoy a relatively clean environment by transporting their waste to a third world country by making impoverished and ill informed citizens deal with it. The economic term...

My target is usually a test of S/R, but sometimes can be a pivot point such as the session open or previous day’s high or low, depending time of day and age of trend or if trade is opened off of a S/R test.

No trading today due to an earlier brainstorm and work. Using pain as an impetus to learn or innovate. By pain, as related to trading, I’m including the disappointment of missed opportunities. There always seems to be more time available to take a bad trade than there is to get in well for a...

Outperformed SP500 by about 130 bps today: Obligations at work took up much of my day.

Scalping profits were $118 with a PL ratio of 2.70:1 and win% of 83.3%. T1 - I premeditatedly violated something like five rules on this one. The overriding consideration was my feeling of “That’s all she’s got”. This was based on a sense of lack of buying interest for this time of day. In...

Not photoshopped, I swear!

One idea I have in the back of my mind is the relative performance of gold versus silver, depending on the risk environment, economic conditions, and geopolitical tensions. This will require some backtesting and some foundational work to effectively quantify “Risk environment”, “Economic...

Closed out my losing overnight option trades. Profits from scalping only were $94.19 with a P/L ratio of 1.86:1 and profitable percentage of 46.6%. Now flat. T1 - SI trend continuation play. Trade timed out. T2 - CL trend continuation play. Incorrectly estimated correction size and was...

Waste of perfectly good drinking money:

Haven’t there been a significant number of healthcare worker deaths? You don’t see this with the regular flu. Not like this. To me, this is what gives the seriousness of COVID-19 undeniable credibility. It looks like the US is getting ready to reopen and most still don’t know how to...

Go to your room. And stay there! Without dinner! Which demographic is more likely to vote for Trump? Correctamundo, the elderly. Which group is most vulnerable to COVID-19? That’s right, the elderly. The last Presidential race was decided by less than 100,000 votes over several swing...

Sir, yes sir! Every single day between 1500 and 1800 CT.