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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 »
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
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 »
Once again, I got greedy and blew my last performance account (PA). I took a few days off and decided to try again since APEX was still offering one day eval passes. Also, it would be a shame to have paid my dues to this point and then just quit just as I’m at the
New Start – Account 46 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 »
