encouraged by so many awesome journals here, I'm starting my own.
I'm mostly a price action trader (still don't know what the heck that means), who likes to mostly trade naked charts. I prefer 100 volume charts (sometimes 300) for scalping crude oil and Nasdaq 100 futures. Other than that I like to trade index futures listed on Singapore exchange. mostly CN (ftse china index futures) and MSCI taiwan.
trendlines make up for more than 90 percent of my charting analysis. Presently my broker is singapore based KGI ong, though i am looking for other alternatives. the commissions are unlike any of you are accustomed to here. 8 dollars round trip for most products. so that means in order for me to scalp profitably I must maintain a pretty high win rate. For most part though, I have been a profitable trader, but recently my trading has taken a hit, operating as i am in severely stressful conditions. Since joining BMT elite group, I believe i downloaded almost every indicator and bar types. I think I experimented with almost every single one of bar types. For a while I thought Unirenkos were pretty cool, so cool that during my live trading, i used to reference ninjatrader charts to execute live trades on my Qtrader (CQG) account. Results were horrible and I have since decided never to run horrible experiments again.
I have taken a break from live trading for a few days after having series of losing days, which has really impacted my account adversely. I'm going to stick to the demo for a few days and record my performance in a journal here.
I'll be trading mostly single contracts of Crude oil and Nasdaq futures and occasionally other futures products.
following are the results from my last couple of days of trading. I'm using a fixed stop of 100 dollars on both crude oil and nasdaq futures.