Another impressive day, great job! Do you mind sharing what sort of techniques you’re using? No problem if it’s your own secret recipe, but thought I’d ask.
YAY ! Thanks @DevBru, @jtlexington and @keroppi ! Impressive but I wonder what a down day will look like ! Currently I've not met nasty conditions yet and I am running smooth. But I'll have to be a good trader when things are getting tough and out of hands ! @jtlexington You're not the first one to ask about my strategy. I can't say much because it's really KISS + Experience. All I use is a 1min chart, fibs, volume profile and a DOM + Tape. It's all about getting a good price. Like this even if you're on the wrong side you can Break even on a retracement. You have to admit your mistakes quick. Don't get fooled because "Price is coming back !" Better to get out of a good trade than getting stuck in a bad one. Better Safe than Sorry
Cool appreciate the response! I’ve been using RSI, DOM, 5 min charts, always curious what others use especially when they are putting up results. And ultimately cutting losses quicker would serve me well.
Here is the scaling plan: As per Scaling plan. Sold 3 @ 3382 Trying to make 10pts (50*10*3=1500$) ... Really bad idea to enter at POC. Up move might go up to 3390 but I am bearish. Got to move target up while price make new local high. Again ... Went to early in the trade. Price wasn't good but I didn't want to miss. Actually I'll try to cover my short + get long 3 @ 78.50 Price could go as low as 73 but the probability is lower. Finally getting filled 1hour and a half later. Target 3385.25 LOL getting rekt on the buy side HIT 3K DAILY LOSS I am out. Broke the rule. Peace
Wow, so you lost the combine in step 2 now? Don't give up, you did awesome. Just learn to control the losses. Why did you let it run so far?
Yes. I’m out 1st day of combine #2. Thanks for the good vibes. Gotta love taking Loss. ^^ Welcome I’ll have to consider it next time.
I did a reset for 49.5$ Currently I've spent 349.5$. I am at Step 2. Got time to complete it before re-billing. As per plan Step 2 was planned from Feb 24 to Mar 9.