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I do. So I can see what price action looked like before I took the trade so I can refer to it during post trade analysis.

Also some people like to post publicly to help keep themselves accountable. Peer review can be beneficial if a person is open to being critiqued.

The great ancient philosopher Confusion say, “Huh??” Lol

My personal priorities for trading: 1. Discipline to consistently follow your trade plan. 2. Proper journaling of trades. 3. Effective trading strategy. A simple combination. But definitely not easy to execute.

Why do you trade beyond your risk tolerance?

I think you are right. So the “expense” was not being able to sell the stock or close the option for the higher price.

I honestly don’t have a specific book to recommend to you on trend. Like many have said in your post there are a lot of ways to do it and a lot of it is subjective. My only advice is that as you learn about different ways to identify trend, if you find one that makes sense to you use that...

And of those 6.5 hours the market only really moves at a the opening bell for an hour or so and again near market close. During the middle of the day price tends to drift.

Japanese market opens at 8:00 pm EST. Try any spot pair with JPY in it. Eurusd has movement too. You can also set up trades to hit in the London Market which gets busy 2:00-3:00 am. EST.

I also expected and still expect more downside and was sitting on the sidelines in cash. But I can’t ignore the current trend. I’m now in long until trend tells me different.

Congrats on your profit today. I can tell you’re excited. But I suggest you rethink your reward to risk in how you set up your SL. A few losses back to back will hurt you far more than a few wins will benefit you.

Precisely. Excellent point. All the closures we’ve seen so far are at the state level.

You’re not missing a thing. You took time to confirm whether or not that tweet was true. Based on what you found it isn’t. Good job.

Congratulations! Good job. How many paper trades have you done so far? And what does your profit look like over the broader picture?

Sideways markets can be tough on profits. Good luck in reaching your target :thumbsup:

Some people like penny stocks because you can buy lots and lots of shares. The tricky part is that most of them have very low volume making it harder to get out of them than higher volume equities. Low volume can hamstring you particularly if you are day trading.

Fractalize, how many “recent” simulations did you do?

Agreed. With a reward to risk ratio of 1:1 you break even if you’re right half the time. Therefore you could risk a different ratio (4:1 reward to risk for example) be wrong more than right and still be profitable.

NM. Thanks for sharing. Appreciate the openness and honesty. Question: who is the “he” you refer to?

I don’t know if those individual assets are indicators of a crash. However I think there’s merit in your theory about markets “crashing” over time. If markets follow the economic cycle then it will have peaks and troughs following the economy. Economies don’t crash overnight. also I...