Billicare trade journey: from 5K to 250K

[Zodiac4u]

From 5 to 10 points, depends on volatility.

Good that's the sweet spot, you just have to work on the timing of your entry.

 

[Billicare]

My past Israeli friends were very high strung, this surprised me at first, it wasn't something I expected to hear or feel, It was very comforting and yet we are from completely different cultures, but now as I think back i understand why, and how many years later, wow, we are actually made from same salt, my past culture was no different. Now i understand why I was drawn to them and later we developed a close bond. It's interesting, how so many years have past and here we are having a banter sessions, and I'm experiencing these neural breakthroughs from simple conversations. This is why i say, we don't really know what makes us tick. I see a lot of environment factors involved here, so take it slow, take notes, do not underestimate your past experiences. Remember the experience can be audio as well. Keep at it, do a personal diary, and get to know yourself. The markets will find your weakness.

"experience can be audio as well" can you explain please?

 

[Billicare]

Good that's the sweet spot, you just have to work on the timing of your entry.

Will do journal with screenshots each day. For myself.

 

[Zodiac4u]

"experience can be audio as well" can you explain please?

From the time we are floating in our mothers belly, we have been tape recording everything we hear and feel, after birth we still are recording, but this time its different-we are memorizing through association.

Talk later, I gotta go now..

 

[Billicare]

From the time we are floating in our mothers belly, we have been tape recording everything we hear and feel, after birth we still are recording, but this time its different-we are memorizing through association.

Talk later, I gotta go now..

Understood )
Have a nice day!

 

[Billicare]

Bad news: i'm stupid.
Good news: i'm doesn't lost my funded account.
Only touch my daily loss limit.
For now i continue to trade on two, after 8 days i will receive second funded.

 

[Overnight]

If i trade MNQ 4 contracts, my risk is $80 per trade, but if switch to NQ 2 contracts it $400 already.
I have to trade MNQ only, but...

In the current NQ environment, your stops will get blown out all over the place. 10-point stops are simply too small, and 5 points is just ludicrous. Look at today...Opening bell to 10AM, 100 point rise. From closing bell to 3 minutes later, nearly 50-point drop. And then all the stuff in the middle.

If you instead think of one contract on MNQ, that $80 risk could be expanded to 40 points on a stop, not just 10. From there you just have to work out proper reward to go for with that risk. It's been a maze over the past 8-9 trading days for sure.

 

[Billicare]

In the current NQ environment, your stops will get blown out all over the place. 10-point stops are simply too small, and 5 points is just ludicrous. Look at today...Opening bell to 10AM, 100 point rise. From closing bell to 3 minutes later, nearly 50-point drop. And then all the stuff in the middle.

If you instead think of one contract on MNQ, that $80 risk could be expanded to 40 points on a stop, not just 10. From there you just have to work out proper reward to go for with that risk. It's been a maze over the past 8-9 trading days for sure.

Thank you @Overnight !
Yeah, you are right, yesterday i traded only 2 MNQ and increased my stop to 20- 25 points.