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Was setting marker for double top from previous days pivot. Was focusing on another traders method to get in on trend moves. Missed deep retracement move at opening. I am learning I am learning.
Can you help answer these questions from other members on NexusFi?
Got a nice run. However, missed nice setup. I feel like a rookie pass receiver who goes out for a pass and can't adjust to position for a catch...like a spaz.
Have a diversion. A seasoned pro is showing his method via a local futures support group I started. He uses Fibs and $TICK on ES. Eight year veteran that pulled in two trades yesterday for 8 points. I can't ignore that but lament not focusing on one method.
OK, I admit it. Today my Indian blood took over...and I scalped. Just two tiny scalps, white man. Sorry. But two tiny scalps per day is enough to feed my squaw and horse trigger. Don't put me back on the reservation...pleeeease!
The only challenge I have with you doing this is that you will end up making a lot of gifts when these breakouts don't work in your favor.
It is good to be profitable, but worse to put in bad habits. (Like me today...)
I went down the same path you are doing now at one point and my wife probably a bit more. She is a bit more patient and cautious. So, she waits a lot more, but she makes a lot more gifts on pullbacks and finds herself unprofitable.
If you are going to take breakouts, then I suggest looking off higher time frames and then finding a breakout on the smaller Timeframe. Just some advice....
You are good and patient, something I still do not have.
Yes, I scalped. Maybe we have to go through the same steps as we proceed. Scalping feels good because there have been + signs for day reports and no - signs of recent I can remember.
Note: H stopped showing daily results on his DOM. Instead uses Ninja ruler.
I am learning I am learning.
I feel like a rookie pass receiver who goes out for a pass and can't adjust to position for a catch...like a spaz. 