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 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 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 »
After reviewing my losses over the last couple of weeks, I’ve realized my worst days are bear days. That is, I suck at trading when the market drops! I guess I’m an optimist at heart – but that is not good when trading! So… I’ve decided to create an account that ONLY trades in the
