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Search: Posts Made By: goodoboy
Forum: Psychology and Money Management February 7th, 2020, 10:51 AM
Replies: 21
Views: 5,552
Posted By goodoboy
Thanks for your response, Yes, that is what...

Thanks for your response,

Yes, that is what I am thinking of doing as well. If price after 10-15 ticks, I simply cancel the trade.
Forum: Psychology and Money Management February 7th, 2020, 09:51 AM
Replies: 21
Views: 5,552
Posted By goodoboy
Hello tr8er, Since our last conversation, I...

Hello tr8er,

Since our last conversation, I have been testing R:R = 1, 1.25, and 1.5. This helps to keep things simple too.

Question for your, you mentioned you trade pullbacks.

What is...
Forum: Psychology and Money Management January 10th, 2020, 01:25 PM
Replies: 21
Views: 5,552
Posted By goodoboy
Thanks Massive I, What I mean is for clear...

Thanks Massive I,

What I mean is for clear planning before start backtesting is recording the right data per trade. For example, I never recorded the following per trade MAE, MFE, max RR,...
Forum: Psychology and Money Management January 10th, 2020, 12:59 PM
Replies: 21
Views: 5,552
Posted By goodoboy
Thanks for your response tr8er, I will add...

Thanks for your response tr8er,

I will add this scenario of breakeven in the backtesting and forward testing as well.
Forum: Psychology and Money Management January 10th, 2020, 12:58 PM
Replies: 21
Views: 5,552
Posted By goodoboy
Hello Massive I, Thank you for responding...

Hello Massive I,

Thank you for responding the thread.

Yes, I would agree this as well. One thing I learned is to have a clear plan on strategy goals and objectives before back testing.
Forum: Psychology and Money Management January 10th, 2020, 11:01 AM
Replies: 21
Views: 5,552
Posted By goodoboy
Hello tr8er, What are your thoughts on...

Hello tr8er,

What are your thoughts on break even trades? I am testing it out to see how it works for me on rather I like it or not.
Forum: Psychology and Money Management January 10th, 2020, 10:59 AM
Replies: 21
Views: 5,552
Posted By goodoboy
Thanks for reply tr8er, Yes, trading...

Thanks for reply tr8er,

Yes, trading pullbacks with limit orders helps control your risk and keep your stop about the same per trade. The only disadvantage in this , you miss some trades. I have...
Forum: Psychology and Money Management January 10th, 2020, 10:50 AM
Replies: 21
Views: 5,552
Posted By goodoboy
Good morning tr8er, Thanks for the reply. ...

Good morning tr8er,

Thanks for the reply.

A big mistake I made while journal my trades since March 2019 was NOT tracking the different R:R (1:1 through 1:3) per trade and evaluating the...
Forum: Psychology and Money Management January 9th, 2020, 03:47 PM
Replies: 21
Views: 5,552
Posted By goodoboy
Thanks for the response. How do you manage...

Thanks for the response.

How do you manage to keep such tight stops in CL 10-20 ticks?
Forum: Psychology and Money Management January 9th, 2020, 03:44 PM
Replies: 21
Views: 5,552
Posted By goodoboy
Thank you tr8er, I posted my trades so you...

Thank you tr8er,

I posted my trades so you see what I mean.
What do you mean by R:R?

Do you mean , for example, risk 20 ticks and reward 20 ticks?

Or does it mean whatever my risk is per...
Forum: Psychology and Money Management January 9th, 2020, 03:18 PM
Replies: 21
Views: 5,552
Posted By goodoboy
Hello tr8er, Thanks for the response. ...

Hello tr8er,

Thanks for the response.

Your response sounds very logical and straightforward, and I can tell you been trading the CL.


I am trading the 3 minute chart and my stops range...
Forum: Psychology and Money Management January 9th, 2020, 01:55 PM
Replies: 21
Views: 5,552
Posted By goodoboy
Trading 1 contract: Trailing Stop or Profit Target

Hello,

I trade the CL with one contract and still developing my strategy for intraday trading. I am not consistently profitable trader yet.

I developed two so far. One is trailing stop to...
Showing results 1 to 12 of 12

What unexpected challenges have you encountered while trading on a "Funded Trader" platform?

 


 
 


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