6 months TopStep 50K Net Profits
- Thread starter Sekiyo
- Start date
Yet we only had lower highs which indicates sellers are still stronger than the buyers and the market went limit down multiple times again after your trade, that would be very worrying for me.
Anyway, keep up the good work, just take less risk to avoid blowing up
.Today is a very bad day.
Kept shorting. Didn't take profit. But losses after losses.
30$ away from daily max loss. 1500$ away from weekly max loss.
And now I AM UNABLE TO SHORT THE HIGH !
@ 2415
I was actually very bearish.
But I was the only one.
No volume on the downside.
Was basically the only one shorting.
And I kept doing it ... Stupid me ... Really
Buyers were everywhere.
Even at local tops.
They pushed it.
Kept shorting. Didn't take profit. But losses after losses.
30$ away from daily max loss. 1500$ away from weekly max loss.
And now I AM UNABLE TO SHORT THE HIGH !
@ 2415
I was actually very bearish.
But I was the only one.
No volume on the downside.
Was basically the only one shorting.
And I kept doing it ... Stupid me ... Really
Buyers were everywhere.
Even at local tops.
They pushed it.
Sorry to hear that.
I definitely feel that today was quite different than recent days with a lot more chop and fast reversals up/down.
It really illustrates why trading is so hard, i.e., the always changing conditions.
I also expected a bit more downward movements today since the VIX has been going up the entire session. It seems like today ES was following the VIX instead of doing the opposite.
Sh*t happens.
Unfortunately I went too far into it.
I got the range about right
But I didn't expect the price to hit the very high of it.
Thought we would reverse towards 2190 ...
Anyway.
Lots of seller @ this level (2415 and above)
If one zoom out to the 30min chart then it makes sense.
The two legs up in purple,
Were the legs up to be expected.
Guess we're close to a reversal.
Let's see.
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Do you have a scenario in mind if we go right true these levels?