Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
TheTrini - Help Build A Resiliient Trading Process Towards A Funded Account
Thank you for allowing me the opportunity to share my trading challenges with you, and my gratitude for sharing too your future (no pun intended .. hehe) input as I start journaling my way into qualifying for a Funded Trading account.
My primary instruments are the CL and the Micros, recently working with NQ which has been by itself, pulling all my emotional and trading strings as I pursue maintaining discipline.
I'm looking forward to laying a stronger trading process as a result of journaling.
In time, I hope to have developed a very structured process.
This is a short intro for now …
Reality permeates my trading Essence.
Today I disciplined myself to working with price action only and it resulted ...
I share now, but that is not my full intent.
But results were good,. This will be a first/last share as I really want focus on
the foundational pieces required to build this AS A BUSINESS.
Not about the profits .. it''s about the PROCESS !
I am going to try discipline this journal for now, to be ONLY,
ONLY words for at least a month, for as long as I can discipline my behavior.
Therefore, I will be focused on building the system as my foundation.
Once built, then on to the next level with the rest of the bricks.
I will also be trading in sSim as well as I usually do.
Wish me luck !
I am aiming for at least 2 weeks to a month.
I will still share as that transpires, but I also believe
proper engagement with my OWN SELF requires a FLUSHING of all the years I have learned and battled with.
I'm also still learning the forum methods of posting outside of WYSIWYG ... (back to code .. )
Didn't know it was this difficult to send a pic nowadays .. haha ... besides a link ... Capture
I am aiming to get funded with Earn2Trade.
Checked them on their trailing draw down clarification, and they indicate that they work on basis on UPL .. (unrealized profit and loss)
On that basis, if I was to trade (as successfully as today resulted)
Technically I would likely have crossed that rule on basis of hitting trailing draw down levels).
CRAZY !
So what that says to MYSELF ...
IS .. You need to focus on scalping to a higher level as you normally do, enough to cover future draw downs.
HOW to do that ... consistent $125 X 4 - 10 trades
Well .. and WOW .. what a difference months make ....
I've done pre-prep on many combine / sim levels .. $1K+ one day .. focused on trading NQ @ $5 tick ...
Switched from trading CL for same decades .. then get same Mantric HIT ..
I keep missing simplicity ..
All knowledge and toos attained, but yet, besides recent joy of Damian Castilla's expression, i'm still in the game to cross that consistency
hurdle ...
I did come to a realization ....
My core struggle still is ....
DOCUMENTATION (i.e a LACk therof .. )
I realize this more than ever.
Been doing this for decades, and will be and when I tell you my failure, despite what I think are attempts .. result in "proof-of-fact"
There is a piece of my personality which hits emotionAL NERVES WHICH NEGATE MOST / IF NOT ALL OF MY ATTEMPTS.
i HEAR .. THE KEEP -TRYING mantra, BUT i AM TIIIIIRREED ..
i USE fIBS ETC FOR SOME SUCCESSES, BUT AFTER TODAY i AM LEANING TO SCALPING METHODS FOR SMALL GAINS (I.E $2-400+) AS MY BASIS.
OOPS .. there i go again .. even CAPS .. are not spared .. hehe ..
I'm taking a day off work to reach out to my fellow traders today. Sounds weird I know, but my being says I need the community's help, and it's "OK" to absorb it now ...
One of most frustrating pieces are reading a chart, but when either capital risk limits.
Fibs work, but time allotted does not.
Then I am hit , exit, then it flips almost on exact damage, and proves my trading theory.
