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Dear Volpri, Wish you all best wishes. Below is my trade in previous day when news release. I want to capture as much as possible for you to easier to see the context. In the trade no.2, my point of view is: after CPI news, the price create a wide TR and then BO, then the BO failed and will...

Your comment is true. I let my ego and bias over logical thinking. I have chance to quit at even in small PB before break out, however, I still hold on for the hope of continuance. It was deadly mistake for a scalper. When in doubt it is better to keep your capital safe.

one reason as Mr. Volpri mentioned, trend can stop any time and cause lost. Second is to increase the size and profit. My account risk is 1 contract, so I take profit for 1 contract, re-enter with an increse size to 1.5, 2, 2.5, etc. The increase in size was cover by the previous order profit...

Yesterday was a good trend day for Us.500. In the picture below is "all buy" trades that I was take. However, I got bias because of the lost yesterday so I locked profit and got out of the market when has profit equal to stop loss. Should improve in reading market situation more. The scalp...

I used to think the same. I also read a lot of guru for don't add into position, don't average down. Until I come across Volpri post. The way he showed his trade and explained inspired me and I give it a chance (practicing average down). I do not know if I can perform as good as Mr. Volpri yet...

Dear Mr. Volpri, Thanks for your clean and concise reply. I printed out and study it many times. I also realized that the structure of thinking before enter a trade is important and I have a lot to learn and practice to reach your level. You did a great favor for me. Wish you a nice weekend!

I updated the chart above. As you see, in 5 minute, the big trend is down. :")

in my view, The 5 minute chart is a PB of the down trend (US500 down for the whole day yesterday), so, the big trend (daily) is bullish but for 5 minute, I think it was down for 1,2 more days. So, I planned to sell. As in the picture, the yellow is down, so a PB then go south is my view. I sell...

New trade jump in today, now I'm not lucky to get out safe: (below is 5 minute chart) Join market at selling 2.5 contracts at a tight trading range (my mistake) Sell more but not reasonable only 1 point above (5081.5 vs 5080.5 original entries) Have to get out with a loss cost me 1 week of...

Dear Volpi, Thanks for your well response. You did a great favor from me. As you did mentioned in many post, the most importance thing before engaged into a trade is to define the phase of the market (trend, TR, channel) and then use the appropriate strategy. However, I usually freak out and...

Dear Volpri, Thanks for your sharing.l I just wondering about the stoploss. In some case, you continue to add (average down) into the loss position. In another case, you take the stop very fast. So, How and when identify the approriate stoploss for the trade in PA? I read through Al Brooks books...

Finding Hope in Your PA Trading Post Hi Volpri, I wanted to express my sincere gratitude for your recent post. As a beginner on my trading journey, I've been struggling to find my footing and have bounced between different methods. Initially, I was drawn to the fast-paced nature of scalping...