The Flatulence Trading Journal

PadusMom said:
Last week a made money every day (including the 4 narrow range days), but today was different.

Do you know what was different? 31 (less when accounting for round trip and scaling, unsuccessfully) in a market that barely moved.View attachment 328046 View attachment 328047

As I promised, no Eureka Moments. That's not what this is. It's journalling what happened on bad trading days (tilt days of you will).

Part 1
More...
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Part 2 ....

A long time ago I watched a trader's channel who was a million dollar earner and had a seat on the exchange. After huge range expansion days like yesterday, he would play mean reversion setups as the market ping ponged back and forth. If the market had another expansion day it would lead to losses. (I'm sure he had some way of recognizing a trend day because he was an actual pro).

  1. Ping pong the range.
  2. Don't anticipate.
  3. Trade what you see.
  4. Not what you believe.
Trolls are welcome. This is America baby. #FreeSpeech
 
PadusMom said:
....

Part 2 ....

A long time ago I watched a trader's channel who was a million dollar earner and had a seat on the exchange. After huge range expansion days like yesterday, he would play mean reversion setups as the market ping ponged back and forth. If the market had another expansion day it would lead to losses. (I'm sure he had some way of recognizing a trend day because he was an actual pro).

  1. Ping pong the range.
  2. Don't anticipate.
  3. Trade what you see.
  4. Not what you believe.
Trolls are welcome. This is America baby. #FreeSpeech
More...

Some actual trading advice, thank you!


Dhanyawad
 
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