I was even up $500 at one point. Greed can be bad! But, I don’t want to stop trading because I am afraid to lose! I think winners keep trading when they see opportunity. My problem generally revolves around being unwilling to accept reality that a trade just won’t turn around. I need a rule […]
Blew another PA today Read More »
I kind of went on tilt yesterday. I blew two PAs, but kept one alive with a loss of $1200. I find I tend to do this when things just don’t go as they should. For example, when there’s a solid support level and the price blows through it. I know, it was probably a
Big Picture Strategy Read More »
APEX Investing had a quick New Year’s sale that I took advantage of. But this time, instead of buying five or ten trials, I decided to buy one at at time. So, instead of rising 5 x $17 by grouping accounts, I decided I’d by one account and YOLO it. That is, risk the max
I need to scale down my position size Read More »
I’m sure I’m not very unique. I look at a chart and think I can bend the market to my will. I stay in losing trades because I just know it’s about to turn around. My ego gets bigger with every winning trade – despite the fact that I was merely lucky. I can go
I am my biggest enemy! Read More »
I came across this price action pattern today that I’ve seen before. I thought it may be worth documenting for the future. I have noticed that there are times when a strong bullish trend is presented when there is a smaller slow down candle. Then, shortly thereafter, a relatively stronger bullish candle. There have been
Price Action Setup Example Read More »
In the fast-paced world of trading, futures prop firms have emerged as a popular avenue for traders seeking to leverage their skills without risking personal capital. Among the myriad of prop firms available, Apex Trader Funding stands out as a robust platform designed to cater to both novice and seasoned traders. In this post, we’ll
Exploring Futures Prop Firm Trading with Apex Trader Funding Read More »
Introduction The Consumer Price Index (CPI) is a crucial economic indicator that measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. This index is not only a marker of inflation but also a tool heavily monitored by investors, especially those involved in
Effects of Consumer Price Index (CPI) on Futures Trading Read More »
In the high-stakes arena of futures trading, success is not just measured by the wins, but significantly, by how losses are managed and accepted. The difference between perennial winners and those who struggle lies in their mentality towards losses. This article explores the vital concept that, paradoxically, the best losers are the ones who often
The Best Losers Win: Embracing the Art of Accepting Losses in Futures Trading Read More »
In the fast-paced world of futures trading, where fortunes can be made or lost in the blink of an eye, it might seem counterintuitive to talk about patience as a virtue. After all, the markets wait for no one. However, the seasoned traders know that patience is not just a virtue; it’s an essential strategy
The Virtues of Patience in Futures Trading Read More »
Day trading can be both exhilarating and challenging, requiring quick decisions and a solid understanding of market movements. One of the keys to successful day trading is the effective use of technical indicators. Technical indicators are mathematical calculations based on the price, volume, or open interest of a security or contract. By providing traders with
Best Technical Indicators for Day Trading Read More »
