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A confusing day, one in which I wanted to walk away, but perseverance got the better of me, and I’m glad it did. When the day began, I felt that the market was in an uptrend. I marked it on the charts and started looking for long entry opportunities in the market. Despite my gut…
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A day of messy price action, and sadly, another losing day. But I’m okay with it, let’s take a look at how I lost 7 ticks in today’s market. I started off the day seeing what I believed to be a range. The prior day ended up being a bullish trending day, and the day…
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A two-trade day, one win and one loss. Hindsight in trading is my worst enemy and my best friend. I get to see my errors in hindsight, which is how I learn. But I also get to see my winners and just how good they could have been. Scalping for just a few ticks, to…
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Yesterday, you’ll notice that I didn’t get an opportunity to trade. As many of you are aware, I am still in full-time employment at this stage of my trading career, and I can only trade during my time off. Yesterday, I was at work and therefore unable to look at the markets. Which brings us…
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Ok, it looks great, right, a +27 tick win. It feels great seeing the huge boost to my account. But the truth is, these two trades were far too risky and I should NOT have taken either of them. The BIG Winner – HUGE RISK Now, as many of you may realise, at the time…
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I can’t help but feel that my patience is being tested. For those of you on Ninjatrader. You have to admit, it isn’t the cleanest piece of software, right? Or maybe I just haven’t gotten used to it yet. One of the things I notice with Ninjatrader is that it sets my “SIM101” as the…
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When I opened the chart today, my first thought was “uptrend”. That initial thought tends to be the right direction, and it’s something I’ve read about a few times now. Trust your gut. I’d noticed that price had left a nice wick with a bullish candle at the recent EMA. After which, he proceeded with…