that makes sense in the context of your strategy. just curious, why didn't you let 2nd trade run friday?
Trading on "Instynct" (NQ)
- Thread starter Instynct
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that makes sense in the context of your strategy. just curious, why didn't you let 2nd trade run friday?
As I noted on the chart, I don't usually trade on Friday pm, so I looked at this as a gift. Also as it approached resistance I moved up my stop too fast. and got hit. Only made 10 points on Friday. Could have been much better, but I still need to work on myself. 
Quote from bmwhendrix:
As I noted on the chart, I don't usually trade on Friday pm, so I looked at this as a gift. Also as it approached resistance I moved up my stop too fast. and got hit. Only made 10 points on Friday. Could have been much better, but I still need to work on myself.
10 friday is great..nice trading. what are you up for the week?
Not sure what you mean, but my market evaluation does not start until 9:30am on Monday. I have no bias.
i mean how many points you captured last week inc those 10 friday?
i'm down for last week...
Oh, I was down for the week also. I made several mistakes on Thursday before I realized it was a triangle day. Seems I have a knack of being involved in doing other things when the good setups occur.
Just staying in practice till I can retire or get laid off.
Just staying in practice till I can retire or get laid off.
open a 5 min chart of the whole week and realize how little we actually captured from all that movement..pathetic
we should all be up a min of 50 handles
If I had stuck to my rules, every day was a aignificant winner except Thursday.
There is always next week.
There is always next week.
yep, next week i'm focusing on better entry and holding thru my exits.
"You call that a position?"
Q: What else have you learned from Soros?
A: I've learned many things from him, but perhaps most significant is that it's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong.
all comes down to this doesn't it?
found this gem on another thread
ps we all know this many times over but (I) need reminded of it on a daily basis while in the trench on the hardrightedge
Q: What else have you learned from Soros?
A: I've learned many things from him, but perhaps most significant is that it's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong.
all comes down to this doesn't it?
found this gem on another thread
ps we all know this many times over but (I) need reminded of it on a daily basis while in the trench on the hardrightedge