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  1. SniperDaytrader

    SniperDaytrader´s journal

    :) keep going man!
  2. SniperDaytrader

    SniperDaytrader´s journal

    Ups, sorry to hear that. What happened?
  3. SniperDaytrader

    SniperDaytrader´s journal

    February 20, 2015 dejavú Markets offered just limited number of opportunities for my trading approach. T1 First trade was dejavú from yesterday. I also picked the bottom of the market (NQ this time) just few ticks from lowest low. Unfortunately after my order was filled, there was too much...
  4. SniperDaytrader

    SniperDaytrader´s journal

    Hey Turveyd, thanx for the support. It means a lot. I hope I will be able to kick some ass this time ;) As to fun - this is my biggest fortune and curse at the same time. I am somehow pulled to the markets everytime. I tried to quit several times but for me it is like drug for junkie. If it...
  5. SniperDaytrader

    SniperDaytrader´s journal

    The ultimate challenge For the last couple of weeks I kept testing my trading strategy on the SIM account. I was tweaking the settings, changing the software setups, testing different entry timing tactics and trade management rules. But most importantly I was trying to become confident while...
  6. SniperDaytrader

    Need somewhere to think out loud,

    Good job. Keep up the good work ;)
  7. SniperDaytrader

    SniperDaytrader´s journal

    Well done, Turveyd :)
  8. SniperDaytrader

    SniperDaytrader´s journal

    February 18, 2015 Sitting on my hands On days like today, you have to ask yourself a simple question: ¨Do you really have to trade?'' If your answer is yes, you are in a wrong business. We have FOMC (Federal Open Market Cometee) meeting at 13:00 US CST. That means everybody is playing World War...
  9. SniperDaytrader

    SniperDaytrader´s journal

    Thanx bud :)
  10. SniperDaytrader

    SniperDaytrader´s journal

    February 17, 2015 That’s the way I like it Today was very short trading day for me. I was done after first 30min since opening. Took two trades, picked bottom and top and reached my daily profit target. T1 I took the first long after I saw no interest of bears to push down. I had 3 ticks...
  11. SniperDaytrader

    SniperDaytrader´s journal

    And I strongly disagree with the simple strategy of buying when the market goes up and selling when it goes down. There are exceptions to this rule of course but in general it is not a good idea. It is the same principle which repeats itself over and over again. Take gold for example. Always...
  12. SniperDaytrader

    SniperDaytrader´s journal

    I know couple of successful traders who are actually using crossing EMAs. The trick is they use it exactly the opposite way, many times as profit targets not as entry points. I also understand that most people will disagree with me. That is actually very good sign :) The thing is, I am...
  13. SniperDaytrader

    SniperDaytrader´s journal

    I received some comments in the past suggesting that my strategy is way too complicated and I got several advices to start trading more simpler approach. Something more KISS. So I decided to write an article on my personal blog and explain why I don´t like to trade simple strategies. I was also...
  14. SniperDaytrader

    SniperDaytrader´s journal

    Weekly results: 7th week of 2015 I saw big improvement in trading during this week. I traded much calmer, took less trades and this all resulted in very nice statistics for the whole week. I had the highest weekly profit since the beginning of this year. 75% win ratio and just 16 trades...
  15. SniperDaytrader

    SniperDaytrader´s journal

    February 12, 2015 Today was very tough day for me. It doesn't matter what type of trader are you, we all need moves in order to make some profits. No moves = no profit. Low volume means low volatility (moves). And that is what happened today. Lack of opportunity is not the only drawback of low...
  16. SniperDaytrader

    SniperDaytrader´s journal

    February 11, 2015 It was clear after my premarket preparation that the markets will try to continue in uptrend. So, right from the beginning I was looking for some opportunity for long entry. T1 I tried the first long, but failed to take 16 ticks of profit. I was too greedy, which didn´t pay...
  17. SniperDaytrader

    SniperDaytrader´s journal

    Feb, 10th, 2015 trading results I was doing lot of changes in my chart settings so I spent some time from the beginning by adjusting to the new look. I was waiting patiently from the beginning for a good setup. T1 I saw the first opportunity almost one hour after the opening. I entered...
  18. SniperDaytrader

    SniperDaytrader´s journal

    Nice observation Satchel. I was just thinking about it, because I noticed it before. If you watch the market for some time you notice that long and short moves are not the same. Long moves are much more patient and slower, short moves are much faster. Also the agony of the traders in short...
  19. SniperDaytrader

    SniperDaytrader´s journal

    Feb, 9th, 2015 trading results I was traveling today and couldn't make it back home for the US morning session. I turned on the computer when the major volatility and volume was already gone (US lunch time). I entered three trades totally, 100% win, 80 USD profit.
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