I entered this short at a key level - Initial balance High. Since the context for me is 2 way trading at this moment, I entered a short based upon the probability to revert back to the center. I used a stop run and a trigger afterward to see exhaustion of the buyers before going short. The Initial balance failing in a balanced market is a high probability of returning to the mean Here is the screenshot
Here is a screen shot of one of the better trades today. with my style, I find my self scratching a fair amount of trades.
I am purposefully watching without intent to trade today and tomorrow. Its a practice I have found from Peter Davies videos forma few years ago. In it, he states watching the market without any intent opens you up and I have seen that happen in my own trading. For today and tomorrow, I am only gonna narrate the action like a commentator at a football game. I have a live stream you can visit, just see my profile for the link.
And so Bookmap helped you make these trades then? Fascinating. Wonder what it would have done without a chart clouded up with colorful bubbles that to everyone else looks like mashed potatoes with food coloring?
Yes it did. Like anyone's chart, they can all look like mashed potatoes to someone! lol. Good analogy!
Nope, actually lost the account in April then redid an eval soon after to get funded again. I now keep an account close on an eval so I can be set up quickly if I lose again. I trade 2 or 4 lots of micros, so its hard to build up enough to get your cushion and withdrawal. I have a 25k account and need a minimum of 1000 to withdrawal. In addition, once you reach 26,500 then 25100 is your kick out point. To have a cushion big enough to go through some serious drawdown, I calculate I will want at least a 2k cushion at the current rate. I need 3k before I can withdrawal within the Apex rules, so it could be a long time before I get any withdrawal. For Apex, the odds are in their favor!