Billicare trade journey: from 5K to 250K

Discussion in 'Journals' started by Billicare, Jan 3, 2020.

  1. Zodiac4u

    Zodiac4u

    Good that's the sweet spot, you just have to work on the timing of your entry.
     
    #121     Feb 1, 2020
    Billicare likes this.
  2. Billicare

    Billicare

    "experience can be audio as well" can you explain please?
     
    #122     Feb 1, 2020
  3. Billicare

    Billicare

    Will do journal with screenshots each day. For myself.
     
    #123     Feb 1, 2020
  4. Zodiac4u

    Zodiac4u

    From the time we are floating in our mothers belly, we have been tape recording everything we hear and feel, after birth we still are recording, but this time its different-we are memorizing through association.

    Talk later, I gotta go now..
     
    #124     Feb 1, 2020
  5. Billicare

    Billicare

    Understood )
    Have a nice day!
     
    #125     Feb 1, 2020
  6. Billicare

    Billicare

    Bad news: i'm stupid.
    Good news: i'm doesn't lost my funded account.
    Only touch my daily loss limit.
    For now i continue to trade on two, after 8 days i will receive second funded.
     
    #126     Feb 3, 2020
  7. Overnight

    Overnight

    In the current NQ environment, your stops will get blown out all over the place. 10-point stops are simply too small, and 5 points is just ludicrous. Look at today...Opening bell to 10AM, 100 point rise. From closing bell to 3 minutes later, nearly 50-point drop. And then all the stuff in the middle.

    If you instead think of one contract on MNQ, that $80 risk could be expanded to 40 points on a stop, not just 10. From there you just have to work out proper reward to go for with that risk. It's been a maze over the past 8-9 trading days for sure.
     
    #127     Feb 3, 2020
    Billicare likes this.
  8. Billicare

    Billicare

    Thank you @Overnight !
    Yeah, you are right, yesterday i traded only 2 MNQ and increased my stop to 20- 25 points.
     
    #128     Feb 4, 2020