Nice Chart!
AHG - Profitable Strategy for Struggling Traders
- Thread starter Anekdoten
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Nice Chart!
I didn't look at the NQ today, but it seemed the ES was up , up , up. It was such strong momentum, it was hard to wait for a Piscuy signal. I was entering at the signal bar and not waiting for a verification bar...I modified this only because the tape was so strong. Also, I was prepared to exit if I didn't see the verification bar very soon.
I'm almost 40 too, but I really don't pay attention to age and I even forget how old I am sometimes
Mark, I was looking at your chart. It looked like you played it good in the morning, but missed out on quick profits.
Now the revenge trades are another story. I do that sometimes too. I guess with discipline we will learn to stop that and look at each trade as a new, seperate entity.
Nice comeback in the afternoon!
Heh yes, i'm still very far from perfection with Piscuey pivots, but going over my trades today gave me a great lesson, If I just erase the revenge trade, and the 2 trades where I didn't take my quick profit and became 2 losses (3rd and last chart) , I'd be up 10 points instead of 1-1.5 points. Think about it people, 3 undisciplined trades made the difference between a good day and a wasted day.
Plus the lack of a second contract to play with, somehow made everything very difficult today
I DON'T WANT TO GIVE THE IMPRESSION THAT 2 OR MORE CONTRACTS IS THE WAY TO GO FOR A NEW TRADER. fIRST LEARN TO BE PROFITABLE FOR SEVERAL MONTHS WITH ONE CONTRACT !
REMEMBER PRESERVATION OF THE CAPITAL IS THE NAME OF THE GAME. DON'T INCREASE YOUR RISK IF YOUDON'T SEE TANGIBLE RESULTS
Was a good experience though
Could someone please help me with this T&S question...
In the image attached... Green is AT ask and Yellow is ABOVE Ask....
The Red arrow points to a trade at Ask (for 2036.50) then the next trade is above ask (for 2036.25)....
I don't understand why a trade is above ask but at a lower price than the previous one that traded AT ask????
Why does this happen?
Thanks for your help!
Fox
In the image attached... Green is AT ask and Yellow is ABOVE Ask....
The Red arrow points to a trade at Ask (for 2036.50) then the next trade is above ask (for 2036.25)....
I don't understand why a trade is above ask but at a lower price than the previous one that traded AT ask????
Why does this happen?
Thanks for your help!
Fox
Do you have T&S filtered? A lot of small trades could have knocked down the price to 2036
I had forgotten that I recently filtered out the 1 car trades .... So I just turned the filter off and replayed this same point in time again.... The attached image shows the 1-car contract between those two but notice it was at 2036.50 (at ask)...
So... same question still remains...
This T&S snapshot is on 11/26 9:33:44AM if anyone cares to compare...
Tough day for me again, but I think I'm slowly learning. Not as fast as some of you though. Biggest problem is I get stopped out on noise a LOT. Guess I want to preserve my capital too much.
Anyway, check out this article at newsweek on the psychology of decision making. http://www.newsweek.com/id/71514/page/1 I agree with their statement on "maximizers", as I am one...
Biggest problem is I get stopped out on noise a LOT. Guess I want to preserve my capital too much. Anyway, check out this article at newsweek on the psychology of decision making. http://www.newsweek.com/id/71514/page/1 I agree with their statement on "maximizers", as I am one...
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