I worked for the brokers "again". At least I made enough ticks to pay for the commission LOL!
I had a strategy running and its trade (highlighted in ellipse) messed up my trade log a little.
No of Trades: 6 (all 1-contract trades)
No of Winner/Loser: 4 vs 2
No of Ticks before commission: 3
I dreamed about the systems I sim-traded and studied. Maybe it's a good idea to do a more in-depth analysis mapping them out incl what I like and what I don't like etc etc. Getting closer to one that I own and meet my trading style/expectation. It's on my to-do list this weekend.
Initial Balance: 623.10 - 617.20 (5.90 points) Value Area as at 1035 am: 622.60 - 620.20 - 619.20 (3.40 points)
Price opened @620.80
Today's High and Low as at 10:35 am: 623.10 - 627.10 (matching IB)
VPOCs: Top 646.50 (622.30 was touched) and Bottom 612.80 Overnight High and Low: 622.20 and 612.90
It climbed up 6 points when most of us were zozozo. Then dropped a few points before climbing up again. It may as well keep doing the up and down until it decides to break the range.
Congratulations on hitting 1,000 replies in your thread, and in general on the outstanding job you've done documenting your trading journey so far.
Just remember, good things take time. Continue focusing on hard work and goal setting. Continue documenting your strengths and weaknesses. And, with these things, you will continue to become a better trader. There is no limit on what you can accomplish
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.
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