Starting a general journal. Live equities(QQQ/SPY) and Funded prop firm(MNQ/NQ/MES)

[Concinnity]

More aggressive selling without much progress down. I am looking for a move up today and managing risk best I can. Well aware of the dump potential, and R/R favors short, but I am not going to short this.

Could be a losing day for me, but can't win everyday will just trade my read and manage risk.

 

[Concinnity]

More aggressive selling without much progress down. I am looking for a move up today and managing risk best I can. Well aware of the dump potential, and R/R favors short, but I am not going to short this.

Could be a losing day for me, but can't win everyday will just trade my read and manage risk.

Yeah looks like was correct analysis although admit very difficult to catch. Pattern read normally beats technical analysis read and of course market context is always king and beats your standard stat reads on a balance of probability.

Not done trading yet, so will wait till I post stats.

 

[Concinnity]

Results in following order: Account "A", "B", "C" and last the TopStep funded I recently passed eval on.

 

[Concinnity]

Well traded Asia last night, which I purposely avoid 99% of time unless there's a special setup like last week, because I really dislike it. Anyways made some mistakes, took a loss and than made another mistake (that paid off and got my losses back) by flipping my position, but that's not a good thing despite technically being the right read and obviously bad mentality.

Good news is someone showed me something about 30 minutes prior to trading today and was forwarded testing it and looks like will fill in a gap of my trading that I was still missing. Particularly helps with patience and risk management, but still fits in nicely with my style of trading.

Today's trading went pretty decently, considering I was also forward testing and mixing something in that gave me a little bit of information overload. Market can gohigher, but have no current positions in and need to show discipline and not chase it(which I use to do and just give back money for no reason). Most of the highest probability and best R/R trades are likely done for the day.

Will post results below (I am done trading the accounts I post, if I trade another account later I will post those results).

Account "A": (Asia and today's results) followed by account "C"

 

[Concinnity]

Results from other account I traded after the morning session account "B". As stated splitting the risk across the accounts and also employing more and less aggressive strategies on some. Was trading this one really well, until end of day decided to get aggressive with little time left and as most people know that's not advisable, gave back some gains. Although my max winner still bigger than max loser and my average trade winner still barely bigger than average trader loser, still less than desirable.

 

[Concinnity]

Did not trade topstep funded account today. Didn't have time in between trading other accounts and forward testing the additional thing I am using now.

Also haven't traded the live equities account yet. There's no point when I have so many prop firm funded accounts and until I get some of the automation and coding done I needed. Not really able to size up and push things yet, until I am fully prepared. Plus would like to build some cushion in the accounts. But am able to grow the accounts with smaller size in the mean time.

 

[Concinnity]

Kind of a mix bag today, got good news for everyone today. Which seems appropriate since it's the holidays season.

So good news for trolls or haters:

I lost a funded account today Account "A". Traded mini's on a small balance account that has live trailing draw down. Plus traded before minutes, which I know I tend to personally under perform prior to minutes. So, not really surprising. I chose to do it and paid the price, not much else to say. I'll have to avoid that in the future or else it will obviously happen again.

Good news for myself or anyone wishing me well:

-Made enough in Account "B", that it's eligible to request a pay out soon. Will use funds to pay some bills and also activate previously passed evaluations that I've had sitting since had so many accounts passed, from the last big sales companies ran.

-Also other account is almost out of live trailing draw down. Will not take a pay out on this one. Going to look to grow it above live trailing, so I actually have a reasonable chance of keeping it.

I'll still have 6 funded accounts, even after losing one, plus the live account. So, this really hasn't changed my trajectory at all, still obviously not good that I am sizing up to mini's too early.

 

[Concinnity]

Another change that I will be making is only journaling my TopStep funded here's the reasons:

Topstep has hard coded in rules for scaling and daily loss limits, plus no live trailing drawdown(which is huge and allows me to hold positions longer). Will provide me with some additional accountability, plus a more accurate and objective way to see what I can or can't do with a more systematic approach.

The other accounts I am going to be trading with more discretion until they are above live trailing, because don't really have a choice. Also I don't want to feel the pressure of feeling like I have to explain myself or my trades on those right now. I do intend on journaling live QQQ/SPY trades still, but first need automation done to assist my manual trading.

Currently the journal will be focused on Topstep 50k Express Funded:

Max drawdown: $2k
Max Daily Loss limit: $1k
My Personal Max Daily loss limit: $250.00
Position size: 1-2 Micro's
Instruments: MNQ/MES

 

[Concinnity]

I had a really big day trading today on other aggressive funded accounts, but was too busy trading other accounts and too large size to be able to trade multiples. Really focused on getting those accounts up and my automation to assist manual trading.

 

[Concinnity]

Haven't posted in a while. Not much has changed thought I found someone to do the coding for me, they committed and than backed out. So that is unfortunate for me. The pay out I requested was approved and should have it soon. In the mean time I built up another pay out and will decide to either keep growing that account or take a pay out depending upon if funds are needed or not.

This market action is not really that difficult for me, when you apply context but to me it is annoying and not fun to trade. It's just taking micro liquidity over and over and squeezing both sides. I am sure some people will say oh concinnity you don't get it it's contract roll over that's why its moving like that. Well I don't care in the end, it's making a repeatable pattern and I traded it and made money, so that's the end of the story for me there. Here to make money not act smart or try to give some narrative that is pointless.

This action is difficult to journal or post trades, it's just way too fast. Do intend to still use the journal but right now I am just doing macro updates, until I start trading the live account and/or get an account up enough so I can treat it like a real account. Right now need cash though to pay bills and etc, so could take some time.