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Trading on "Instynct" (NQ)
- Thread starter Instynct
- Start date
Nice Rashid. Basically a be day for me. Those wide consolidation areas are getting me.
It would be more informative if the daily P&L would include the # of trades, W/L ratio, ave win, ave loss, largest win, largest loss.
Another option is to post the daily trades on 1 chart with markers for entry and exit.
Instynct; you seem to be doing better in NON trending markets. If I am correct, why do you think that is?
Another option is to post the daily trades on 1 chart with markers for entry and exit.
Instynct; you seem to be doing better in NON trending markets. If I am correct, why do you think that is?
Quote from Gabe2004:
It would be more informative if the daily P&L would include the # of trades, W/L ratio, ave win, ave loss, largest win, largest loss.
Another option is to post the daily trades on 1 chart with markers for entry and exit.
Instynct; you seem to be doing better in NON trending markets. If I am correct, why do you think that is?
I use to post all those numbers but I figured no one cared for them.
If the pullbacks on a trending day is really shallow then I don't do well and usually just sit out for the most part on those days. But today was ideal because the retracements were deep and offers some nice profts. Entries are a big part of my trading and I try to time them as close to the bottom as possible.
I don't really favor one kind of market over another (trend vs Non-trending days), as long as I'm focused, I can get the job done. Today I was off on some of my entries and allowed one to get out of hand.
Do you trade NQ as well?
Quote from Instynct:
I use to post all those numbers but I figured no one cared for them.
If the pullbacks on a trending day is really shallow then I don't do well and usually just sit out for the most part on those days. But today was ideal because the retracements were deep and offers some nice profts. Entries are a big part of my trading and I try to time them as close to the bottom as possible.
I don't really favor one kind of market over another (trend vs Non-trending days), as long as I'm focused, I can get the job done. Today I was off on some of my entries and allowed one to get out of hand.
Do you trade NQ as well?
I think that posting P&Ls as pure numbers benefits the ego of the poster, at best. (I hope I am not offending anyone)
Posting the other details can benefit everyone.
I trade IWM. One day, when I start making $$$ I will switch to TF.