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Failed failure sometimes work, but when it doesn't, you are getting stop out in both direction, depending on how large one's stop is, you might not have enough time to make up for the losses. In even more worst cases, sometimes market would just sit there poking highs and lows of the recent bar...

Love this thread! And thanks for sharing your knowledge Volpri. I have a question, do you look for signal for your entry like H1H2 or buying BO of a signal bar? Or do you simply set limit order at some kind of support or resistance? If you do both, at what situation you will prefer one method...

Some say the title is misleading, but I myself also confused when I heard it from professional trader from TV/internet. They didn't say what exactly are the effect of these changes. they just say volitility is much greater nowaday, more algo trading now than ever these kind fo stuff，but didn't...

Every professional trader said market had changed dramatically over the years, what exactly are the changes? Does the old classic TA trading books still good learning tools? What content can be learn from and what are the parts that new traders should ignore?

I trade MES，you can see i shorted the top 4211 area, took some profit on the bounce then market drop lower, i covered along the way, and market reached 4165 low(I know there is hard Support there but I decide to wait) and it bounced and I covered the last one on the range break out. I know I...

Hard to describe, it was feeling,watching speed of the action, tape reading I guess, sometimes everything work out perfectly, I could get a 30points ES big trade. I could do better by taking the trade off S/R, and enter again at a better price, but in my head I know damn sure it will get to my...

any timeframe, I trade price action and I can see opportunity everywhere, I think thats the problem with price action.

Thank you volpri. I did little research on Yvan byeajee but seems like he is another internet trading guru but just focus on pyschology part. Does he trade actually trade? What make you think he's any good?

Hi wrbtrader, thanks for your kind advice. No Therapist diagnosed me. I did some research on why at the conscious level I know I am it's a bad decision but I can't help but do it anyway. Then I found this article which kind of confirm it...

I remember I shorted oil around 60s, got stopped out on friday, and monday it gapped way down and never come back. I literally want to puke.

yea, it is much easier to quantify system on one timeframe, it is hard when I trade price pattern with different timeframe. It really just come down to experience. But as ET trader say, I need to have a trading manual, and try to stick to it which is what I am very bad at right now, discipline...

I’ll do that sir. but things are messy, very hard to put it on paper.

some system it's easy to backtest like a moving average crossover but not all method can be quantify and backrest at least I am not good enough for that, I can just trust my experience, but when I am tilted I don't follow my experience anymore.

No I don't. it's in my head

I need to set realistic goal I guess. I think I am trying to hard to stay in a trade so I don't missed a home run trade to boost my account

At this moment I Think its very difficult for me to build price action multi timeframe model to backtest. I can maybe add indicator to help me subjectively look at the market maybe

I think I focus too much on home run trade with small account so that I can build capital, when I looked back actually most of my trade had more than 3-4 points with es, and yesterday I Got a 15points unrealized profit and it turn into a 3 points loser, because I want to give it time for the...

do you mean the plan for the day? yes，I tend to make money and only make few trades a day when things line up , but when I had consecutive loser, I made 10x more trades. sometimes I grind my self back to green if not I am deep in the hold. I Really want to change that now.

I don't know anyone in real life who daytrade for living who could guide me and monitor my action , therefore I am seeking for trading psychology material, I heard mark Douglas work had help some people. But I Should make my system mechanical first I guess. I am trading very discretionary for now.

I can't follow, that's a why I am so frustrated at myself, it's not something that I can talk myself out of it. Do you have any method to deal with that?