I’ve always felt It’d be nice to know if/when a trend will not hold. It’s been in the back of my mind, but I could not define it. This morning I saw a trend break and my gut told me it would. This is what I saw… The last dip exceeds the normal lower low […]
When a trendline does not hold… Read More »
OK, it took a while, but I Finally realize my difficulty with being successful have less to do with my strategy and more to do with my inability to take a loss. I know it sounds simple, but if you don’t have the discipline to exit a trade when it goes against your stategy then
I just had an amazing day. I took a measly $25k account at Take Profit Trader from zero to almost $3k in a single day trading just 3 micros at a time. I mean, each time a reversal happened it respected the trend line – again and again and again. It was intoxicating to add
Greed will get you! Read More »
I have been thinking about my trading. Trying to understand why I stay in trades when I think or fear the trade is going to go against me. I know I’m not alone. I’m in a trade. It is progressing nicely, but there’s a nagging feeling in the back of my head that the bottoms
Proper mindset when trading futures Read More »
One of the struggles I have is being patient. I tend to do well early in the process – either in an eval or performance account. But then I get impatient when I hit a plateau and start taking too many risks with the hope of catching a big one. Knowing this about myself, I
Aggressive to the money strategy. Read More »
Seriously, I usually start out well but then get impatient when progress slows and take stupid risks. I MUST stop this. I just blew yet another account that was well on its way to success and started revenge trading when a trade went in the wrong direction for a mere $200. I should have just
I just can’t seem to be patient! Read More »
I had a shower thought… It seems trading the NQ is like walking through a minefield. I mean, a bull trend is moving nicely and then, BOOM, the bottom falls out and we drop 30 – 50 – 100 points in a minute. Why does this happen? Well, in normal markets, there are market makers
Falling off a cliff Read More »
I really need to get my head back in the game. I tried to learn the ICT concepts that are all over YouTube. The concept of Order Blocks and Fair Value Gaps really make a lot of sense. But, when it comes down to it, there’s a lot of ambiguity! The bottom line is I’ve
Apex Trader Funding went through a tough patch in June. Their growth was so accelerated that they decided they needed a dedicated server with Rythmic. I applaud the effort, but the implementation was difficult and error prone. I still hear complaints of lag and difficulty exiting trades. Don’t get me wrong, I still think Apex
Decided to try Take Profit Trader Read More »
I had a shower thought this morning… When I’m in a losing trade, I tend to hold on to that trade with the hope that it’ll come back. I guess that makes me normal, but what is the real story? The epiphany is holding on or not is we’re not talking about what is already
Need to forget order status Read More »
