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I've been trading Emini ES for about 5 months now and would like to share everyone my daily results and hopefully get some helpful inputs. I failed miserably trading discretionary and had switched to mixing with automated strategy which was inspired by Big Mike's Automated Strategy thread couple of months ago, thanks. I feel that Money Management is important and I will focus more on this area.
ES 4 Minutes Chart
Stop Loss: 50 ticks
Profit Target: 100 ticks
Entry Time: 9:40-10:00 based on Economic Data volatility level
Exit Time: 4:00pm or Manually
Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.
Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
If you want to support our community, become an Elite Member.
Hi frostbyte, any recent trades? Have you been journaling on your local machine? I was really looking forward to your posts.
Mike
Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.
Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
If you want to support our community, become an Elite Member.
