Days I hate..

[Millionaire]

Why would I want to trade each day the same?

I am talking higher level than that.

The details of what you you are doing each dy is different, the results you get are mostly different, but the process should be the same.

 

[SimpleMeLike]

I have clear bias for the day and the market moves weak ugly and slowly against my bias.
I found my self struggle in days with "cler bias"
and in the end of the day.. BOOM the market agree with my bias.
No clear bias is a solution?

Hello Leob,

Man, I believe it is very challenging to start the day with a market bias up or down.

Better to react than to predict.

 

[Handle123]

I don't have any bias scalping, average trade is 2 minutes long, doing 80 signals a day, don't know if market went up down or sideways, LOL

I think having a bias is often wrong to have for most.

 

[Poljot]

I have clear bias for the day and the market moves weak ugly and slowly against my bias.
I found my self struggle in days with "cler bias"
and in the end of the day.. BOOM the market agree with my bias.
No clear bias is a solution?

Apparently there were no more buyers at those price levels and price needed to correct to attract more volume.When price goes too quick and too far from the mean it often corrects.
Most often it will range and test prior highs, prior open, close etc.
Its useful to have an initial bias prior to market open, to setup orders for the opening, but soon market will verify this bias, and then you need to accommodate to price action.
However, I do not find it useful to have a long/short only bias for the duration of the entire session as there are always opportunities for both.

 

[thehung111]

actually I think it is good that you have some bias as it showed that you did some researches on the day previously All great traders (such as Linda Raschke) did a lot of plannings and had bias for current day too.

However, it is important that you can change your mind on the day if market goes against your bias and have a clear give up point. I know it is so hard to admit we are wrong. I am struggling with this too.

 

[optionsgambler]

I have clear bias for the day and the market moves weak ugly and slowly against my bias.
I found my self struggle in days with "cler bias"
and in the end of the day.. BOOM the market agree with my bias.
No clear bias is a solution?

I usually trade with some bias. Many don't. My best and worst days are from the bias causing size/holding adjustment.

If your bias's have edge, you should trade with them

 

[maxinger]

Days I hate :

the market moves in a choppy, messy, jerky, undecisive manner

There would be lots of fake signals,
lots of whipsaws.

 

[VicBee]

I don't have any bias scalping, average trade is 2 minutes long, doing 80 signals a day, don't know if market went up down or sideways, LOL

I think having a bias is often wrong to have for most.

I'm impressed. With the greatful assistance of "the one who can't be named", I started scalping earlier this year, methodically reading the charts for signals and... within 2 months my stress level was through the roof! This nose-in-the-handlebar trading method was just too difficult for me as a big picture person. I had to put aside educated intuition (which I trust) for strict methodology and, while it may very well be the goal to reach, everything in me was opposing it.
I went back to day/week trading, taking with me some helpful lessons learned from scalping and, more importantly, back to enjoying what I do.

 

[Overnight]

I'm impressed. With the greatful assistance of "the one who can't be named"...

There's music for that...

 

[Leob]

clear give up point.