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March 26, 2020 MES 5 min chart Here is a trade I took this more. I will explain later. I am going to eat breakfast and have to run to town. Might get another trade or two in the afternoon. Regardless of what the market does or doesn't do after I exited this trade I have to stop and do other...

Please look at the chart above for MES that shows the days PA structure for the entire RTH’s and all the trades I took this day 24 of March. It is important to try and determine early on what the day is likely to be so as to pick the trading tactics I will use. Is it a spike and bull channel...

I want to post the trades I took yesterday and make some comments. While all the trades were winners on barely paid for the commissions. All but two traded utilized averaging down. One is an example of averaging down in deeper pullbacks. Here is a RTH’s 5 min chart showing all the trades. First...

Sorry it is already too deep! Hiding from the gurus who sell and can’t trade.

Go to my journal. You will see some trades there on averaging down to see how I do it if you are interested. But you probably aren’t interested as your mind seems to be made up about the matter. I may post trades made today later. I actually took one showing “how not to scalp intraday” and...

Yep that is what many if not most of us have been taught. We have also been taught scale in as price moves in your favor and trail your stop. We have also been taught there is noise in the market. We also been taught go for bigger moves don't jump in and out. Oh and never move your stop. Don't...

I have been trying to illustrate what you are talking about in my journal but it seems like folks don’t believe it or don’t want to believe. “Never add to losers” or “only losers average down” have been drilled and cemented into our heads by the guru’s so that we can’t seem to shake the myth. If...

Ok

When I did the reversal in the chart above I was down around 250 or so and by the time I added the other contract on the next bar I was down even more. But if you look at the chart on the bar I that I took my loss on ..well ...it stayed below the BO point (bottom of the range). And it closed, as...

Lol yeah I wouldn’t recommend hiding it until a trader has confidence in his system and seen it pan out enough to be consistently profitable. Then one can eliminate price so as not be a distraction. Or after each trade is completed RT then make it visible momentarily so you can get a mental note...

It is hard for most traders to exit and reverse when wrong. But it becomes easier if a trader can train himself/herself to not look at the money or points but to focus strictly on the process of trading according to ones strategy and tactics. One way, if scalping, is to hide the currency and...

March 23,2020 Here is a trade where I averaged down long. Was wrong and had to take a loss of just over 250.00 Then I right away more than doubled up and reversed directions getting the loss back plus ended over $900.00 to the good in just a few minutes. See I know, that on any single trade...

dozzy money done got up and gone or what?

Holing people up in their homes IS probably just exactly WHAT they in fact NEED to do. In 4 to 6 weeks or so the virus will run it’s course.

Lol and I would have to post a picture of us eating fried fish...

I’m over 60 (65) and self-isolating ..well ...not completely...did celebrate my (65th birthday) yesterday with a few family members. Had some freshly caught fish out of the lake which I helped to clean and eat..LOL

China did what they had to do. And if the reports are anywhere near true then they beat it. I don’t think America or Britain will take the steps China did. I predict our medical system will be stressed to it’s breaking point and many more will die in America than in China. By May we will know if...

Um ..I wouldn’t say the wealthiest but rather THE BIGGEST DEBTOR NAME ON PLANET EARTH.

There are many ways to trade. BTW do you have a journal showing charts and entries exits that you make with explanations why you made them? Some folks might be interested in seeing that.

Yes, I did start accumulating early as it turned out however, that was because I was not sure which scenario would actually unfold so I started shorting when I did. That way I would be positioned for either scenario. If it had gone the other way I would be scaling in adding to a winning...