I’ve been using ChatGPT for a month or so to help me build a trading strategy that fits my style. What I didn’t expect is that it has become my daily coach. I sit down and articulate yesterday’s results and insights. Because it is a “conversation”, it remembers not only my strategy, but also reminds […]
Using AI as a coach Read More »
In the fast-paced world of futures trading, few instruments offer the excitement, volatility, and opportunity of Nasdaq futures—specifically, the E-mini Nasdaq-100 (NQ) and Micro Nasdaq-100 (MNQ) contracts. However, with high reward potential comes significant risk. That’s why discipline is not just a helpful trait in Nasdaq futures trading—it’s an absolute necessity. Why Discipline Matters in
Mastering the Art of Disciplined Trading in Nasdaq Futures Read More »
I’ll start with the usual – Just blew another couple of accounts after great starts. I swore I would take a break, but then APEX went ahead and offered yet another 80% discount with $85 PA fee. I like TPP much better because their total cost to pro is only $100+- for a 50k pro
One more time with APEX 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 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 »
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 »
