1.5K Challenge Real Money

Day 2 Bad Bad Day -36%

Day 2 was a hell of a trading day. Not because of the fact, that I had a losing day per se, but because I wasn't careful about linking my execution chart to the MES again..

At the end of the day I'm not particularly upset, because I stuck to my process 100%. Hower, I have to admit, that such inattention is fucks up.

day-2-bad-bad-day-36-v0-0n6r6e4yt58d1.png


day-2-bad-bad-day-36-v0-m0zj6by2u58d1.png


Best
 
gamahammahai said:
Day 2 Bad Bad Day -36%

Day 2 was a hell of a trading day. Not because of the fact, that I had a losing day per se, but because I wasn't careful about linking my execution chart to the MES again..

At the end of the day I'm not particularly upset, because I stuck to my process 100%. Hower, I have to admit, that such inattention is fucks up.

day-2-bad-bad-day-36-v0-0n6r6e4yt58d1.png


day-2-bad-bad-day-36-v0-m0zj6by2u58d1.png


Best
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IMHO, you need to learn how to take losses.
 
gamahammahai said:
Day 2 Bad Bad Day -36%

Day 2 was a hell of a trading day. Not because of the fact, that I had a losing day per se, but because I wasn't careful about linking my execution chart to the MES again..

At the end of the day I'm not particularly upset, because I stuck to my process 100%. Hower, I have to admit, that such inattention is fucks up.

day-2-bad-bad-day-36-v0-0n6r6e4yt58d1.png


day-2-bad-bad-day-36-v0-m0zj6by2u58d1.png


Best
More...

Stick to that process two more times, and you are wiped out. Don't be a moron.

(I.E. If you lose 36% in a day, stop what you are doing...Reassess your plan.)
 
Overnight said:
Stick to that process two more times, and you are wiped out. Don't be a moron.

(I.E. If you lose 36% in a day, stop what you are doing...Reassess your plan.)
More...

For each position I normaly risk 1% of my balance.

The problem was, that I forgot to link my ES chart to the MES for execution. In Sierra you can chart one contract, but execute for another, when you pull the trigger. I recognized this too late.

So in this case my loss has to be 3,6 %
 
Day 3 +1.74%

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Trade 1

Entry short after price rejected the upper gap extreme of a higher time frame @ 5541.25.

Cumulative Delta, ADR and NVOL looked bearish.

I expected a crossing through yesterday's value area.

Stopped out.

Trade2

Entry long after price rejected yesterday's value area high.

Volume and speed increased, when price re-entered today's value area.

I expected a crossing through today's value area.

Target filled.

Best
 
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