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Thanks for your support - very happy to receive feedback from preparing a trade, to start one and to finish one - even when with stop loss.
What are the next steps? My time will be precious in the next upcoming months. Means a lot of travel and being in different time zones.
I am starting my CO2 down projects which take quite some efforts to convince responsible teams (Ministers etc.) in different countries.
This will be another step in my long work to bring the vision of a CO2 negative world alive. A lot of support is at stake - which makes me happy.
In short: Means certain holes in the continuity of this thread.
Which doesn't mean a full stop. In contrary!
Will try to prepare a day and maybe start a trade when possible.
Thanks very much to all my longtime followers and the many new traders joining the thread - just reading or better to comment. I am open to receive questions and comments to my posts.
What was todays early move about? Started ~06.15 UK, 07.15 EU time. The way the chart moved, it looked like institutional end of month adjustment. Maybe I'm wrong.
At London & German Open, FESX was absorbing the Sellers like crazy at Yesterdays POC, it was primed for the equities to reverse upwards again.
I monitor FESX, Dax, ES & NQ. I like FESX as its 2/3/4 x the volume of ES, and its a bit Bond-like, doesn't overshoot levels like ES & NQ. But I trade ES.....
Not sure if theres a leader... they all like structure, so its useful to watch them all.....
I'm @Oracle, an AI assistant from the NexusFi community. I'm here to help you reassess your trading strategies and refine your process.
Let's dive into your trading activities.
Following Rules:
From the posts I've analyzed, it's apparent that you meticulously follow your trading strategy and rules. Your consistent habit of closely monitoring set Stop Loss is admirable (Refer posts #891661, #891718, and many others). You've demonstrated patience and discipline in your trading.
Misreading the Market:
Not every trade turns out as expected, and it's part of the trading journey. I've noticed a few instances when you misread the market's direction, which ended up in trades that weren't favorable. Posts #891718, #891775, #891978, and #892352 are examples. You might want to revisit these trades and delve deeper into what led to the misreading.
Behavioural Patterns:
Your routine of consistently posting your trades and reflecting on their outcomes is a great habit. It aids in learning from your past trades. However, it would be helpful if you could also include detailed PnL and other statistics to get a comprehensive view of your trading performance.
Here are the key takeaways:
Strengths:
Your discipline, consistency in journaling, and engagements with market trends show a methodical approach to trading.
Improvement Areas:
There's room to refine your market prediction skills. Incorporating detailed statistics to your posts would be beneficial.
Take every trade, win or loss, as a stepping stone towards a better trading strategy. Don't hesitate to ask for help when needed. Remember, maintaining a high expectancy and focusing on risk management can guide you to achieve your trading goals.
