Matcha's Dow E-mini Journal

Quote from Bolimomo:

I think one can intermix live with SIM tradings (for as long as needed). That's what pilot trainings do.

You progress like:

Sim, sim, sim, sim, sim, live, sim, sim, sim, sim, sim, live, sim...

Sim, sim, sim, live, sim, sim, sim, live, sim, sim, sim, live, sim...

sim, sim, live, sim, live, sim, sim, live, sim, sim, live...

live, live, sim, live, live, sim, live, live, sim...

etc.

to gradually build up. Nothing like the pressure and psychological effects when real money is on the line. But Sim will test your theory and understanding in forward tests not backward tests.

Thanks Boli for laying out a training schedule for me.

I will keep this in mind. For now, it will be more SIM for me to get me back into a consistent mindset and address my discipline.

--po
 
Quote from Matcha:

I heard engineers and lawyers are bad traders. Becuase they want "certainties". In trading, there are only "high probabilities".

I studied art and fasion. Worked in fashion retail for some time. I hope I can make as a trader. As long as I don't let the emotion get in my way... Put my right brain to sleep while trading! zzz....zzzz...

Trading is very much like fashion.

Fashion: product life cycle
Trading: price life cycle

Fashion: Buy whole sale price, mark up, sell retail price
Trading: Buy at whole sale, sell at retail

Fashioin: mark down , get out inventory
Trading: take small loss, get out of the trade

Fashion: suply and demand
Trading: supply and demand

Fashion: color story, pattern
Trading: series of candle colors, indicator color change, patterns.

Fashion: Forcast, Sesonal planing, exit strategy
Traing: trading plan

Hi Matcha,

Wow! I like this. This will go into your new book - "Fashion & DayTrading Success". :)

You are destined to be a successful trader!! :)

--po
 
Only traded last 2 hour today. Only one trade was taken.

Market opened, then finished it’s 3 wave move at 8:40. The last move is fairly spiky. Market has been in a rally exhaustion mood. “Midday mush” day again! $TRIN was trading below 0.45. So I would only do long trade today and trade on pullback not break out.

TRADE A: Market pulled back at 10:00 then reversed and channeling up. Bought at the lower channel. Took profit quickly at 10638 zone(resistant level). This is also the 3rd push of the reversal on 1 min chart.

20 Pts.

Doesn’t seem like market is going to offer me too much, so I called it a day early at 12:30

Today’s PnL: $97.6, 1 trade
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Quote from Bolimomo:

My analysis chart:


sifu! You daily analysis always make me go " why didn't I think of all these"?

Things always so clear right in front of me, but I dig in something difficult to fight the market instead...

thank you!
 
Quote from ~~~:

Fashion Queen Matcha, you're the California Sunshine type of gal..
'Sun-Tan" & "Hot".. we can feel your 'Super-Heat' here!:cool: the americans will go "ga~ga~" over gal like you.:D

i have crystal clear porcelain fair skin but i am not tiny or pale. ( i might be taller or as tall as u, sweetie! )..i can eat all i want and i don't have to worry about my weight because i love to swim and do yoga:)

honey..you feel weird when you are in Hong Kong or China maybe because you're very "american" in many ways already ...:) :p :D

I am pretty sure you know that in Asia(trend from Japan), the ceremic and porcelain look skin are very popular and All the make up products and skincare are making related product to give you the look. All the ads are featuring "no pore, ceremic smooth, flawless natural look"...Hmmm, I am jealous! You reminds me of those girls in the SKII and Shieshedo ads.

I am kind of "stuck in the middle" type. In US , I am considered very "asian", my hair and outfits often colorful and crazy. hehe. In Asia, I am "US", because I am tanner, taller and stronger than them. haha
 
Quote from Matcha:

I am pretty sure you know that in Asia(trend from Japan), the ceremic and porcelain look skin are very popular and All the make up products and skincare are making related product to give you the look. All the ads are featuring "no pore, ceremic smooth, flawless natural look"...Hmmm, I am jealous! You reminds me of those girls in the SKII and Shieshedo ads.

I am kind of "stuck in the middle" type. In US , I am considered very "asian", my hair and outfits often colorful and crazy. hehe. In Asia, I am "US", because I am tanner, taller and stronger than them. haha

okie sweetie.. we're both beautiful coz we're sisters lol.:D

now your big sis, ME gonna get very, very busy.. first, i have to go to
shanghai for two weeks, then go to Xi'an to find my previous ~ previous ~ previous life's lover, the one and only terracotta warrior!

It's not going to be easy to find him ... coz there're so many terracotta warriors in Xi'an but i'll use my heart to feel.. if my ~~~ ripples then i know it's HIM lol.:D

now sweetie you take care and be a good girl, don't party till 5:00 a.m (try to go home b4 3:00 a.m..ok?):D
 
Quote from Matcha:

.....
Market opened, then finished it’s 3 wave move at 8:40. The last move is fairly spiky. Market has been in a rally exhaustion mood. “Midday mush” day again! $TRIN was trading below 0.45. So I would only do long trade today and trade on pullback not break out.

Indeed today was very bullish from the get go. If one does not catch it early, not much of opportunity. $TRIN below 0.5... do "long only". Look for a mid-day "scare" to long. At about 10:00 am there was one. But that was about it.

Remember Friday's opening? 38% retracement. Bullish up. Totally erased the drop if you play swing trades...
 
Quote from ~~~:


.....
then go to Xi'an to find my previous ~ previous ~ previous life's lover, the one and only terracotta warrior!

Those terracotta warriors were made in Qin Dynasty, 210 BC. Each of your incarnations must live over 800 years. Marvelous! :D
 
Quote from Bolimomo:

Those terracotta warriors were made in Qin Dynasty, 210 BC. Each of your incarnations must live over 800 years. Marvelous! :D

Boli...i'm using einstein's relativity theory to cal... times lol:p

someone told me..time is not absolute.. the faster i'm in motion, the slower time flows.. so my one incarnation can be over 800 earth years if i'm traveling at close to the speed of light..am i right or wrong huh??:D
 
Quote from Matcha:

Only traded last 2 hour today. Only one trade was taken.

Market opened, then finished it’s 3 wave move at 8:40. The last move is fairly spiky. Market has been in a rally exhaustion mood. “Midday mush” day again! $TRIN was trading below 0.45. So I would only do long trade today and trade on pullback not break out.

TRADE A: Market pulled back at 10:00 then reversed and channeling up. Bought at the lower channel. Took profit quickly at 10638 zone(resistant level). This is also the 3rd push of the reversal on 1 min chart.

20 Pts.

Doesn’t seem like market is going to offer me too much, so I called it a day early at 12:30

Today’s PnL: $97.6, 1 trade

Awesome Matcha! One trade one win! 100% WinRate! --po
 
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