Matcha's Dow E-mini Journal

Quote from NoDoji:

Matcha, I glanced at the ES chart a couple times today and figured any of you who hadn't chewed your leg off by the end of the day should be considered victorious :p

I guess Goldman Sachs forgot to release the memo stating that ES would trade WITHIN the confines of a 6 handle opening range.

You showed no weakness whatsoever :cool:

lol and thank you Nodoji!

I began to see copying your "tedious post market analysis" started to impact on my PA skill! Thanks a lot! You are truly the role model and Queen of PA!

Lately my losses are reduced by almost 50%. Maybe its still too soon to tell if thats the true number, but I also get more confidence define entry...
 
Quote from PatientOperator:

Hi ND,

HaHa! Indeed today was a very narrow range day during the RTH. It was a bit of a struggle for me. I used to do a lot worse in days like this. I hope GS will send me a private memo next time so I will take the day off! :) :)

I am with you that Matcha did not show any weakness at all. She played defense very well in today's trading!

--po

hey, po. I see a lot of consistency in your trading lately! Congrats !
 
Quote from Matcha:

SOH almost the whole day again. Light volume, narrow range. Not too much happening before long weekend in the market.


Weekly (4 days)
PnL: 4.75Pt $218
Avg trade per day: 2
Winrate: 75%
Largest winner: 2.25
Largest loser -0.75


Hi Matcha,

Congrats! Another very solid week for you. Very nice PnL. Excellent "avg # of trades per day", winrate and winner:loser ratio.

Most importantly, I see you have a lot more confidence in yourself and in control of both the entries and the exits. An A+ for your discipline. I wish I have your ability to SOH and to cut losses short, largest loser for the week, -0.75, it's quite an accomplishment!

Keep up the good work! I have lots to learn from you! :)

Have a good Good Friday and may the Easter Bunny be nice to you! :)

--po

P.S. Today was a very slow day. I only took 1 trade, +0.25pts!
 
Quote from PatientOperator:

Hi Matcha,

Congrats! Another very solid week for you. Very nice PnL. Excellent "avg # of trades per day", winrate and winner:loser ratio.

Most importantly, I see you have a lot more confidence in yourself and in control of both the entries and the exits. An A+ for your discipline. I wish I have your ability to SOH and to cut losses short, largest loser for the week, -0.75, it's quite an accomplishment!

Keep up the good work! I have lots to learn from you! :)

Have a good Good Friday and may the Easter Bunny be nice to you! :)

--po

P.S. Today was a very slow day. I only took 1 trade, +0.25pts!
ha, i learned a lot from you too!:p

Let's not get overjoyed by the little baby step for Matcha! 2 weeks stats is nothing. Let's come back review with 4 weeks, 8 weeks and 10 weeks data and see if there is really some consistency built in here!

There are still a lot to learn for us! If we just keep making little steps without giving up, we will be fine!
 
one scratched trade.

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Quote from Matcha:

one scratched trade.


Hi Matcha,

You did good to trade less and played defense very well!

It's a narrow range day especially the 2nd half. I took 2 trades today. Lost 1 pt. each for a total of -2 pts. Leaning from my mistakes and try to avoid trading in low volume narrow ranges in the future.

All the best!

--po
 
Not doing too well on trade management.
Entering in a tight trading range is always a tough “hold” job for me. I got to learn: when entering above the signal bar that has some Overlapping with previous bars(tight trading range, horizontal flag), I have give the trade some wiggle room…

+0.5 3 trades

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Not to be repetitive... distance away from the MA indicates momentum...Thats when you can really TRUST the trend... unlike when they are flat...usually Clear indication of CHOP.
I personally avoid the lunch hours easpecially after run like this one.
 
Quote from Matcha:

Not doing too well on trade management.
Entering in a tight trading range is always a tough “hold” job for me. I got to learn: when entering above the signal bar that has some Overlapping with previous bars(tight trading range, horizontal flag), I have give the trade some wiggle room…

+0.5 3 trades


Hi Matcha,

You did better than me. :) I made 4 trades, all b/e trades +0.25 pts. for the day. Still working on my stops and exits.

--po
 
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