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Ready Aim Fire Bullseye


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Ready Aim Fire Bullseye

  #381 (permalink)
 HighRise1202 
houston
 
Experience: Intermediate
Platform: nt
Posts: 407 since Sep 2010
Thanks Given: 266
Thanks Received: 274

Nice signals for this one trade, but I got into it one minute after the signals. Would have gotten 3.5 out of it instead of BE. Will replay to try and find out why I got in so late.

1 Oct 22 2012 v2 - YouTube

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  #382 (permalink)
 HighRise1202 
houston
 
Experience: Intermediate
Platform: nt
Posts: 407 since Sep 2010
Thanks Given: 266
Thanks Received: 274

Execution Score: 4
At open saw big charts 1597 and 4181 with strong V's down. Price came to double top. Took trade at open because down trend was so strong.

Emotional Score: 4
Thought, "OK, you're not being serious taking a trade at the open. No...that's not right. I don't care how the trade goes. It's just a trade and I see good enough indicators to enter."

+ 2 8 Oct 23 2012 v2 - YouTube

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  #383 (permalink)
 HighRise1202 
houston
 
Experience: Intermediate
Platform: nt
Posts: 407 since Sep 2010
Thanks Given: 266
Thanks Received: 274


I wild beast got into my head today.

Execution Score: 2
A good signal fired just after the open, just like yesterday. I did not take it because I had "Fed day beware" in mind. Price went as the signal predicted, and 7 points to boot. Second trade was on weaker signal and against the trend. Stopped out. Third trade I added on and trade was OK. Fourth trade I added on and it stopped out. Final trade I added on and it went well.

Emotional Score: 2
I was unhappy I missed the first trade and went into catch up mode. I had the patience of Job and finally saw the market drop as predicted.

+ 4 2 Oct 24 2012 v2 - YouTube

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  #384 (permalink)
 HighRise1202 
houston
 
Experience: Intermediate
Platform: nt
Posts: 407 since Sep 2010
Thanks Given: 266
Thanks Received: 274

Execution Score: 2
I took a pre-market trade on good signals. However, TF has been head faking a lot at the open and today the fake was 2.5 points!
Emotional Score: 2
Went into catch up mode again.

+ 2 4 Oct 25 2012 v2 - YouTube

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  #385 (permalink)
 HighRise1202 
houston
 
Experience: Intermediate
Platform: nt
Posts: 407 since Sep 2010
Thanks Given: 266
Thanks Received: 274

Execution: 5
Successfully predicted this would be a trending day. I used overnight range size, pre-market news, and DAX range to predict. Waited in anticipation of repeat pattern from yesterday; price rises several points at open, then reverses for nice run down. Price did rise 4.5 points then reversed. Signals for a reverse were S/R line, MACDBBLine seperation, trend line hit, and bar setup (baby bar reversal). I felt I did a good job managing the runner, a difficult task for me.

Emotional Score: 4
Started to breath deep when I placed the trade, but otherwise calm.

+ 6 2 Oct 26 2012 v2 - YouTube

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  #386 (permalink)
 HighRise1202 
houston
 
Experience: Intermediate
Platform: nt
Posts: 407 since Sep 2010
Thanks Given: 266
Thanks Received: 274

**Execution Score: 3**
Traded against trend. No ATM setting. Took big time heat and added on at trifecta level (where a TL, S/R, and deep Fib met)

**Emotional Score: 3**

Got nervous after entering trade. Felt light of breath. I KNEW price would come down after big rise, but gee, am I clairvoyant or stupid.

+ 2 9 Oct 31 2012 v2 - YouTube

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  #387 (permalink)
 HighRise1202 
houston
 
Experience: Intermediate
Platform: nt
Posts: 407 since Sep 2010
Thanks Given: 266
Thanks Received: 274

Execution Score: 2
My wild wolf came out. I got hoggish on the first trade. Could have closed with two points, but watched reverse go to stops.

Emotional Score: 2
Got nervous on first trade with lightness of breath. Second trade was revenge trade. I knew it and wasn't ashamed. I lost control and started over trading.

+ 9 3 Nov 1 2012 v2 - YouTube

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  #388 (permalink)
 HighRise1202 
houston
 
Experience: Intermediate
Platform: nt
Posts: 407 since Sep 2010
Thanks Given: 266
Thanks Received: 274

OK, I'm tired of my reckless SIM trading, even if I finish in the green. I'm taking the advice of a futures.io (formerly BMT) member and going to trade spot forex micro lots with cash for real experience. I'm starting out with MB Trading and the Metatrader platform. May try NT.

Your advice is and will be appreciated.

+ 5 Nov 2 2012 v2 - YouTube

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  #389 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,440 since Jun 2009
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Thanks Received: 101,599


HighRise1202 View Post
OK, I'm tired of my reckless SIM trading, even if I finish in the green. I'm taking the advice of a futures.io (formerly BMT) member and going to trade spot forex micro lots with cash for real experience. I'm starting out with MB Trading and the Metatrader platform. May try NT.

Your advice is and will be appreciated.

+ 5 Nov 2 2012 v2 - YouTube

I always advocate ditching sim as soon as you have an understanding of how your platform works. Risk $5.00 a day in spot forex, put even the smallest skin in the game, that is when your learning actually begins.

Keep risk at a minimum. I would say $5.00 a day is enough. You can do this with micro lots in spot forex.

Forget about the $$ win/loss, focus instead just on percentages and return ratios. Risk $5.00 to make $15.00 for example, that is an excellent percentage return. Later after you have demonstrated the ability to be consistent, you can start risking more, and eventually move to futures cash.

Also, FXCM and NinjaTrader are partners and just formally launched their service, if you want to consider using them.

Mike

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Last Updated on November 2, 2012


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