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Trying the long here. It's 10:30 am. A good time for a reversal to begin. This is going to have to be a swing trade. No stops or targets. Not part of my plans! Influence is a systematic trading rule I have. I didn't even run that system to see if it signalled!!!
Can you help answer these questions from other members on NexusFi?
As the trade was not working I became more unhappy with my reasons for entering it. Completely outside my plan. I even wrote about it so it's obvious that I knew it. It's a good thing it didn't work. I'm happy that the market puunished me. I flipped. Now for some more punishment for flipping!
Stop my actions if I'm thinking that they are outside my plan.
Flipping is not necessarily bad. If it's intention is to correct a mistake made from bullet point above then it's okay but it may not be a good idea to execute the flip with a pair of market orders. Instead fight a little for price.
A view of my position, target and stop on the daily timeframe. I set this up to see what a short bias looks like on a big time frame rather than the intra-day I've been looking at. I've been thinking of trying swing trading instead of day trading.
Flipped again. I'm like a criminal with a rap sheet. What's one more crime? I think I need a clean slate.
IF the market gets up to yesterday's low then my account will be back to net zero.
Rejected at the challenge of teh cash open. I was looknig at that and trying to decide.. I thought it would keep going. Oh well.
fyi I'm long 1 on DayTrade1 and long2 on DayTrade2.
