Scaling into some micros here....this is a discretionary trade.
Long 3 MES at 2431.68 (June contract)
Looking for a relief rally within the next week or so to sell into. Will buy more if we drop another 10 percent.
Agreed. It helps to have a plan in terms of when to enter and exit and how much to risk per trade. Once that is in place, your only job should be to execute and periodically re-asses.
Seems like you have been trading a long time...why do you still not have confidence to trade larger size? For this journal to be meaningful, let's see some account statements going forward showing you actually trading larger size.
So....I have been busy with AlgoTerminal client work and my full-time day job and finally got back to my own stuff this week. This Sunday evening I am going to begin testing my AlgoTerminal Strategy Builder Add-On. I have an initial strategy ready to go but I am going to live trade a variant...
What I am saying is if you want to go the automated route and do not know how to code, you really need some way to construct strategies with writing a minimal amount of code. Some platforms have GUIs built into them for that and in my case, I build an add-on where users can create their own...
Myself and others I know have extensive experience with AlgoTerminal but that is likely not the best option for you if you have a smaller account and need to keep your monthly software/data fees low. I am currently working with a non-programmer and I got tired of making updates to his...
What Tony fails to realize is Bernie has not yet had over a billion dollars worth of negative ads thrown against him. Can't wait to see the ads running in Little Havana in Miami showing comrade Bernie praising Fidel Castro. Bernie will lose Florida big time....think the retirees want to share...
People could save themselves a bunch of time and money if that actually sought out successful prop traders and model their path to success. You don't even need them to "mentor" you...just follow the path they took...assuming the path still exists.
Nice breakdown. Goes to show the genius of the TS business model in that they have people lining up for their service when the reality is they would likely have a better ROI by going to the casino and betting the subscription money at the craps table.