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  1. SniperDaytrader

    SniperDaytrader´s journal

    March 5, 2015 trading with Murphy I had some technical issues from the beginning today and then some bad luck later on. Good thing is that the markets are starting to move finally. T1 My bad. Jumped in too early. Stupid trade. -4 T2 - T4 this was series of confusion and technical mistakes...
  2. SniperDaytrader

    SniperDaytrader´s journal

    So show me the pic how you took and managed it.
  3. SniperDaytrader

    SniperDaytrader´s journal

    March 4, 2015 fastest hands in the east In order to earn money in e-mini Nasdaq or Dow Jones today, you had to have the fastest hands in the east The markets have been quite volatile with extremely quick jump moves which required extremely fast reactions in order to get a good price. Another...
  4. SniperDaytrader

    SniperDaytrader´s journal

    Hmmmm. See this is advantage of your approach. I can´t switch the markets so easily becasue the tape is very different on each of those. I am not sure if there is a tape on FX for example. Can someone answer? Can you see orderflow/tape on FX? I guess not bc. the FX is not centralized but maybe I...
  5. SniperDaytrader

    SniperDaytrader´s journal

    Turveyd: No need to persuade anybody of anything. If B1S2 is happy with his approach and he is making money constantly then everything is just fine. As I wrote earlier - there are many approaches to trading. Everybody can choose whatever suits him/her. Peace :)
  6. SniperDaytrader

    SniperDaytrader´s journal

    I love the fact how open-minded you are :D I wish you good luck and please let me know how is your method working for you ;)
  7. SniperDaytrader

    SniperDaytrader´s journal

    Buy1Sell2: Thank you for your comments, but please understand that trading has many different forms. We all can use totally different (sometimes opposite) tactics and still make money. I don't expect you to understand my approach - it takes a lot of pracitce to understand what is going on when...
  8. SniperDaytrader

    SniperDaytrader´s journal

    March 3, 2015 still some mistakes We had quite volatile day finally, but I still managed to make few mistakes. I also had some bad luck when I was not filled in the first trade, but that is part of this business I guess. Point A I was waiting for the market to come to this point for couple of...
  9. SniperDaytrader

    SniperDaytrader´s journal

    No, I lost because I was stupid. I simply shouldn´t trade at the end of the session. It is chaoss.
  10. SniperDaytrader

    SniperDaytrader´s journal

    Volume has HUGE impact on how markets move. Usually low volume means low volatility as well. No volatility = no opportunity fo you to make money. But on the other hand market makers can do with the market almost anything during low volume because they don´t have to fight through all the limit...
  11. SniperDaytrader

    SniperDaytrader´s journal

    Weekly results: Week 9, lot of mistakes and frustration Extremely difficult week to trade, but the real reason why I ruined it was my own head. All I needed to do was not trading when the markets don´t move or have just tiny volume. I did exactly the opposite. I traded too much. The worst day...
  12. SniperDaytrader

    SniperDaytrader´s journal

    February 27, 2015 comming back After yesterday's fiasco I traded much more carefully today. And it did pay off even when the markets have been dead again. T1 More aggresive short but still according to my plan. Thanx to good entry price I was able to close the trade at +8 ticks even when the...
  13. SniperDaytrader

    SniperDaytrader´s journal

    February 26, 2015 frustration Today´s trading was full of mistakes and frustration. The markets are extremely slow which is not a natural environment for me. There is a very easy recipe to counter such conditions. You simply don't trade or you trade less and take just the best setups. I did the...
  14. SniperDaytrader

    SniperDaytrader´s journal

    Well, I cannot blame the random chance on this one. Both my losers are my mistakes. I am not a robot to not make any mistakes but in both cases it was very amateurish mistake.
  15. SniperDaytrader

    SniperDaytrader´s journal

    February 25, 2015 mistakes again Today I continued to make mistakes. Even when the market was extremely slow and didn't offer much opportunities I could end up in black numbers, haven't I make so many stupid mistakes. T1 I took the short from what I analysed is a false breaktrough from...
  16. SniperDaytrader

    SniperDaytrader´s journal

    February 24, 2015 I missed couple of good opportunities today to close the day in a loss. T1 This was nice trade. The market reacted nicely to my preplanned support level. I took long just 3 ticks from the bottom. However the trade management was a huge fail. There was not really a reason to...
  17. SniperDaytrader

    SniperDaytrader´s journal

    I hope to make it to full-time too. Don´t rush tough. If you NEED to make money on the markets to survive, you already lost. You will be in constant pressure to take some trades even if the conditions are not 100%. Yesterday was perfect example. I simply decided to stop trading after the first...
  18. SniperDaytrader

    SniperDaytrader´s journal

    Well, I could trade gold. I have been trading DAX in the past as well. The question is, do I want to? No, I don´t. First of all gold is too expensive market for me. Second of all, advantage of my approach is that it gives you high win%, disadvantage is that you have to develop a feel for the...
  19. SniperDaytrader

    SniperDaytrader´s journal

    February 23, 2015 dead market walking The markets have been totally dead today. T1 I took single trade at 9:16. All the other markets have been climbing except the NQ. However, I took the long too soon. I realised my mistake right after I took the position but I also saw that the market is...
  20. SniperDaytrader

    SniperDaytrader´s journal

    Weekly results: 8th week of 2015 return of the sniper I hope you enjoy my modest picture :) As you can guess from the pic I am very satisfied with my performance for this week. Let me clear some things first. I was trading just 4 days this week because of the bank holliday in US on monday...
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