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My Trading Quest - a 90 day Trading Course Challenge
I have had a couple of people say that the stats are a little confusing.
Sorry if I have confused anyone. Thanks for letting me know.
To compare any stats with the Sim Trading is too soon.
My Results for the four Sim Trading days:
I will post later today the results from Friday.
Spreadsheets Explained
The first data is for ES
Section 1: Section for the possible trades identified on a static chart but not taken
Section 2: Results of ES Possible trades split into General Setups. Sometimes when a trade is identified in can fall into 2 groups and these numbers count each individual setup.
Section 3: This lists the actual Sim Trades in line with the appropriate potential trade. If the sim trade does not line up with a trade in section 1, then it is added to section 1 but not counted in that section.
Section 4: This section shows the start and stop time for potential trades. Also, any comments are added here
The second data is for NQ
Section 5: Section for the possible trades identified on a static chart but not taken
Section 6: Results of NQ Possible trades split into General Setups. Sometimes when a trade is identified in can fall into 2 groups and these numbers count each individual setup.
Section 7: This lists the actual Sim Trades in line with the appropriate potential trade. If the sim trade does not line up with a trade in section 1, then it is added to section 1 but not counted in that section.
Section 8: This section shows the start and stop time for potential trades. Also, any comments are added here
Section 9: This section shows the Daily and To-Date Summary for ONLY Sim Trades
Section 10: This section is a copy of the sim trades from the Ninja Trader platform.
I post this for two reasons.
First I want to show some proof that I took the trades at the times I took them. I wanted to post as I enter trades but that is not always practical.
Secondly, if anyone wanted to check their charts then Section 10 fives you better information for that. My trade times are entered at the bar time where as in Section 10, it will show the exact time I enter.
I do keep other stats on my spreadsheets but it would only be more confusing if I included them at this point.
I hope this helps and if you have any ideas about how I can present it better then please let me know.
Cheers
Garry
Can you help answer these questions from other members on NexusFi?
Listened to the trading room for the first 120 mins of the US Open
Day four of Sim Trading
Reviewed the potential trades for Friday for ES and NQ
Day Five of Sim Trading – Options Expiration created some fast markets
NQ was still a fast market today so I only traded the ES.
I live sim traded 8 trades, 2 ES (Loss), and 6 ES (winners). Total Profit $97.50.
Lessons
Both of the losses were mistakes by me. And I took a profit early on 1 trade.
The mistakes were caused by me not reading the chart properly!!!
Actions to help:
I will practice more with speed so I train my mind to identify the patterns quicker.
What I am happy with:
The reason I took profit early as the market looked like it was going into chop so I took profit at the top of the chop. After reviewing the trade, I am happy with the action I took.
I was very happy that when I had a loss, I was quick to take the next trade. I took a loss, entry at 9:41, and then entered a winning trade at 9:41:58 followed my another profitable trade at 9:43.
At about 10:00 I decided that as I was now back in profit for the day and I had made 2 mistakes then I would stop trading for the day. I wanted to make sure that I reviewed the trades I had made a mistake with before risking anything else. Get my head right for nest week.
I consider my first week of sim trading to be a reasonable week.
Trade 1 – ES Long NTX – OD (Profit $145)
Trade 2 – ES Long Enhanced Long (Profit + $20)
You can see how the market went sideways.
Trade 3 and Trade 4
Trade 3 – ES Long – I don’t know what I was thinking!! (Loss -$217)
Trade 4 – ES Long – Enhanced and DR Divergence Trade (Profit $95)
It was a quick trade and I remained focused.
Trade 5, 6 and 7
Trade 5 – Enhanced short trade but it followed a long smooth trend – NOT VALID (Loss -$230)
Trade 6 – DTX short Trade (Profit + $95)
If you look at the image below then you will see in the panel 2nd from the bottom, a green line. This shows when the DTX is valid.
Trade 7 – NTX long Trend Trade (Profit + $95)
Trade 8 – OD Divergence short Trade (Profit + $95)
The following is the trades from the NT7 Summary Panel
Potential trades for Friday – ES and NQ
The markets were moving very quickly again. I did not trade NQ and looking at the NQ chart most trade setups would have been too quick to enter.
In my list of potential trades for the day, I have not listed a number of trades as I would consider them not to be realistic trades.
The ES session did provide a number of trades that could be entered and you could have profited from them.
I will report back tomorrow on my progress and any lessons I learn
You do realize the man (Darrell Martin) that owns Apex Investing is a scammer. He doesn’t even trade? And when he did, he was unsuccessful. He makes his money off training and indicators. Just getting 100 suckers at $200.00 per month…And we all know there are more suckers out there than that. Your scalping at a 98% success rate, so You do the math. He was once banned from this site and just recently some of us noticed him trolling and trying to promote another product.
By the way, I see you are trading in SIM, but you just passed your 30 day APEX trial period. Now you are $200 in the hole. You better start with real money soon. Just Saying.
I don't know why you think this smells. This is a challenge to see if I can find a course where I can be profitable in 90 days. If this one doesn't work then I will move to another one to try.
In my short time doing the Apex course I have seen a number of people make money using it.
Have you had personal experience with Apex?
You are actually not correct about the second month as Apex only charge $1 for the second month.
So far the course appears to work. I will wait and see how it works out.
I am not sure where you got the scalping at 98%? Maybe you really haven't read the posts.
If you can suggest ways I can improve the posts then please leave me your ideas.
It is easy to be critical lets see if you can add some value!
