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Ready Aim Fire Bullseye


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Ready Aim Fire Bullseye

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

Yes, I'm on SIM after being off four days.

Heard that TF was going below 800. Then to a new high. So I was looking for a short and caught it (4 points). However, I had a big stop loss (2.9 points!) on the first late entry for a short.


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Can you help answer these questions
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NinjaTrader
 
  #222 (permalink)
 HighRise1202 
houston
 
Experience: Intermediate
Platform: nt
Posts: 407 since Sep 2010
Thanks Given: 266
Thanks Received: 274

I thought about the successful trading I had while travelling. I had used only a 144 and a 512 tick chart, plus Fibs. I decided to try and keep it simple today. Perhaps it was an easy trading day. I was relaxed and easily admitted my errors. I am also concentrating on reading the market well and not trying to be “smart” (an Achilles heel of mine) and outsmart the market. I fell for a few shakeouts.


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


Trade entries: C
Trade mgmt:

I'm trying to follow my trading rules. I'm trying to follow my trading rules. I'm trying to...

Two trades each stopped out to the tick.

Take a profit...why don'cha? Next time for sure.


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  #224 (permalink)
 
bluemele's Avatar
 bluemele 
Honolulu, Hawaii
 
Experience: Intermediate
Platform: NinjaTrader
Broker: ATC/TT, AMP/Zen-Fire, AMP/CQG
Trading: TF
Posts: 2,543 since Jun 2010
Thanks Given: 3,803
Thanks Received: 2,842

You did pretty good in my opinion. I had a feeling it was going long and it cost me....

Way to stick to your guns. Losing on days like this is almost a given.

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

Must follow trading plan. Must follow trading plan. First trade was not in area. Second trade was good. Could have stopped with 1 point profit for the day...but NOOO. Even though indies said this is a incongruous day, I kept on and over traded. Video save failed again.


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

I followed my trading plan. Should be simple to do.

Now what am I gonna' do for the rest of the day? Simple; do other things plus study past charts and practice applying my trading plan. May I look at other methods? Yes, especially those of the wise and experienced in this forum. But I won't use those methods until they are written into my trading plan. Simple, isn't it? No, it's not.


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

I used my audible alert today with success. It's called Priceguard.

I took one trade during my regular period, the first hour. I don't want to trade longer. However, I know some sweet opportunities may arise later. So I used Priceguard. It sounded a half hour later. I came and checked out the situation. There was a good trading op and I earned 2.5 more points. Sweet.




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

My first trade was at area with nice head + shoulders. I didn't look for a pullback. A lightening-fast pullback took me out. I was actually impressed by the move, even being part of the herd.

The second trade was also from an area. A 2-bar reversal and bulges over 440 and 610 said, “Come on!” The trade went OK. Have a great weekend. (My advice for having a great weekend is to do something special on Friday night.)


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  #229 (permalink)
 
wldman's Avatar
 wldman 
Chicago Illinois USA
Legendary Market Wizard
 
Experience: Advanced
Broker: IB, ToS
Trading: /ES, US Equities/Options
Frequency: Several times daily
Duration: Hours
Posts: 3,534 since Aug 2011
Thanks Given: 2,069
Thanks Received: 9,556

What I was asking was...what chart did I post? I can't be sure what we are talking about till I see the chart. I'm not sure I even know how to post a chart here. DB

did it look like this?

https://screencast.com/t/AJxt2lvHS

How do I post in the body?

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



wldman View Post
What I was asking was...what chart did I post? I can't be sure what we are talking about till I see the chart. I'm not sure I even know how to post a chart here. DB

did it look like this?

2012-02-25_1455 - wilddan's library

How do I post in the body?

Yes, that's the chart.

To post a graphic click on the paper clip, click Choose File, Upload, and Embed.

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