Category: Trading Diary
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As you saw in Trade 2, I mentioned that I needed to be more observant. Trade 3 was made on the same day as Trades 1 and 2. In Trade 2, I was stopped out after the price failed to break above a previous high. I suspected we were in a range, which is how…
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This loss was one I should have avoided, and only after reviewing my chart did I wonder why I took the trade. My setup was correct, but my position within the market was completely wrong. This trade follows trade 1 out of 100, where I won a 2:1 trade from the bottom of a new…
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Today marks the start of my new challenge. I want to achieve at least 40 winning trades out of 100. For my earlier readers, you may have noticed that this blog has mostly been me sharing my ideas and trying to “figure it out.” Along the way, I discovered what I call “the trap.” The…
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A short post today due to time constraints. I’ll talk about the two trades I took, which brought in +9 ticks. Lessons learned from yesterday were applied in today’s market. This line that I’m about to read is a reflection on myself. Today, I felt like I understood more about what the market wanted to…
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Another day playing the role of the “trapper,” placing orange boxes on charts and leveraging market psychology. +5 ticks for this trade today, including one that replicates the new system I developed last week. Let me explain my thought process behind this profitable ES trade. It’s Risky, but It Seems to Pay Off – PLUS…
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October: a new month and a fresh mindset. I haven’t posted in a few days. I have been trading, but I wasn’t satisfied with my method or strategy. I noticed that only a small percentage of the time I was able to follow the price, but most of the time, I was confused by it.…
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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…