Search results

Thank you Sifu, It was so hard for me to hold through the retrace.... Next time I will try to hold the strong trend a little longer to the key levels.

Inspiring post! Thank you,WF! Just like I studied the entry in each setups. I am going to study exit and stops in each set ups... It's going to take long time... I would admit that there will be no perfection. As long as avg 20Pts a day, and trade with no stress, it is the my definition of...

Struggling with the exit today. I had a “not too bad” trade, but I felt like I almost had a heart attack holding the position –Yes, even in SIM, I can hear my heartbeat when the retrace almost bouncing right back at my face… I wish I am that type of person that trading to them is human...

Thank you, Went Fishing. I will do the excise this weekend. For the past 2.5 weeks, the winning short trades are 56%. Clearly, didn't short enough!

thank you,sifu! I will focus on studying bigger picuture too!

Took one of my favorite set up this morning today and made my daily goal. Should have just call it a week. Could have been an easy Friday ended the week with great winrate and #of trades per day. But later this afternoon, I screwed up my result today. Reviewing these weeks’ trades, I felt...

It’s good to go easy on today since we have been in a tight trading range almost the whole morning. Took only 2 trades. Yesterday market made 4 legs up then chopped around until the close. Today market gapped down more than 60Pts. The first large doji bar signals the uncertainty. 7:20 am...

Thanks you! My goals now: Avg 20Pts per day is the goal for me. Avg 100 Pts per week Keep the win rate to 50% or above. Winning days per week >losing days largest losing trades <1/2 largest winning position largest losing day < 1/2 or less largest winning days 4 Concecutive winning...

:D :D

Today could have been the best and most efficient day for me. I could be finishing trading at 8am with 40pts. But I screwed up after 2 b/e trades, then I made more trades today. I repeated the newbie’s habit-over trade and revenge trade! I stopped trading now at 9:00am. I will trade on real...

Hi, Sifu! Thank for reminding me of candles and bar by bar analysis. Please don't get offended. I would like to defend Al's method here. From my experience studying and adapting Al's method so far, I had to agree PO's comment about candle and bbb. I think the term of the "al's bay by bar"...

Finished up trading at 12:00 today, a bit exhausted. Today’s chart looks nice. In hindsight, a nearly perfect measured move day. The open range created from open until 6:50 almost gets measured moved down to LOD However, there is no way for me to “know” that market would come down...

Great job! I don't think it's an easy day for new traders to trade today. You did good and more importantly, you recognize the PA of the typical TR day!

Thank you, Chahineg! I am very committed to trading now. Every step I took, I always felt like I wish I had known it earlier. There is so much to learn. I hope I can transfer what I learn to some PnL soon...

Took 2 short trades at the open. Breakout pullback short from YTD’s range at the Close. First trade was whipsawed. Re-entered, but was out at a minor loss before stopping out, the bottoming tails are too strong. I thought I couldn’t have held at least for a one more leg down. But market made...

11.8. I am back to my journal after taking 2 weeks off. The past 2 weeks intensive studying PA has been very rewarding to me. It calms me down. It adds more perspectives and depth when looking at the market. I also gain some confidence when taking the trade and reading the market context. The...

Congrats, Tlow. One important concept these days I learned from Brook's Price Action trading is to trade differently in trading range day and trending day, trading ranging and trending. You as a trader, have to always know and ID where you might be at. These days are in trading range day...

No trade today. Will take 2 weeks off from my journal and only watch the market. I am not taking break from learning. I am still maintaining 50 hours /week. I started the day by looking at the bars and talk to myself about bar story and patterns as bars developped. I am not sure how...

thank you!:p

true. i agree. might try to take a little break and just watch the market for a few days to clear my head always nice to join a party. hopefull we can all have a winners' party soon