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A Cowboy's Trading Journal


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A Cowboy's Trading Journal

  #891 (permalink)
 bmtrading9 
Atlanta, GA, USA
Market Wizard
 
Experience: Advanced
Platform: MC and Jigsaw
Trading: ES, MES
Posts: 1,833 since Mar 2013
Thanks Given: 3,001
Thanks Received: 2,159

Day #4 - 12/17/2020

Not great day of trading, stopped out many times, chimp kicked in, did shut it down and move away to save the day.




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  #892 (permalink)
 bmtrading9 
Atlanta, GA, USA
Market Wizard
 
Experience: Advanced
Platform: MC and Jigsaw
Trading: ES, MES
Posts: 1,833 since Mar 2013
Thanks Given: 3,001
Thanks Received: 2,159

Day # 5 - 12/18/2020

It's FRIDAY - Initially didn't want to trade, but thought I should get over this FEAR so traded




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  #893 (permalink)
 bmtrading9 
Atlanta, GA, USA
Market Wizard
 
Experience: Advanced
Platform: MC and Jigsaw
Trading: ES, MES
Posts: 1,833 since Mar 2013
Thanks Given: 3,001
Thanks Received: 2,159


Day # 6

Market dynamics changed, I recognized that fact and was cautious and reached my goal in pre-market itself. I should have shut it down but I didn't and paid the price.

Got stopped out multiple times, recovered back and gave it back more, and now I am walking away, I should have done this once I reached my goal.

Monkey brain. I need to adjust the rules for number of stops, I will adjust it.

I am planning to enroll in to a combine and start trading ES.

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  #894 (permalink)
 bmtrading9 
Atlanta, GA, USA
Market Wizard
 
Experience: Advanced
Platform: MC and Jigsaw
Trading: ES, MES
Posts: 1,833 since Mar 2013
Thanks Given: 3,001
Thanks Received: 2,159

Little update...

Just TWO full trading DAYS into NEW YEAR and it feels like I did enough damage to my psychology...

Before entering new year, I knew market DYNAMICS will CHANGE but what I didn't expect is to retrace whole months VALUE in ONE hour....

01/04/2021

Started combine and blew it off...NO BIG DEAL, expected this but I am surprised to see it happened in ONE day

Real MES trading - went into HUGE LOSS, closed with SMALL profit.

01/05/2021

Combine - Reset - $400 LOSS

Real account MES - 36 tick profit

My brain says WTF YOU ARE DOING....ONE OF THE KEY IN TRADING IS ADAPTING

1. Move to MES in combine
2. FIVE min charts retraces are KEY

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Last Updated on January 6, 2021


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