Challenge of Weekly Profit trading Futures

Discussion in 'Journals' started by Trade4gainz, Aug 12, 2018.

  1. p0box4

    p0box4

    And another quick trade on GC gives me 2000$ before commission for today.
    Back at it tomorrow.

    [​IMG]
     
    #231     Aug 22, 2018
  2. Dude, don't sleep on the 3 crows banging candle pattern.
    Depending on the male to female ratio in the cluster, it can go on for a while.
    Or if they've giving off a neutral caw, you at least get a show while you wait.

    If people want to get into it, I'd suggest they start simple and look for 2 Condors banging.
     
    #232     Aug 22, 2018
  3. Trade Update:

    As you all know I have started trading NQ, and was addicted to the scalp last night was up over +$2500, but as i was trading all night usa time i felt sleep while my position was open and when woke up took a loss of -$1400 but using my strategy in the morning i was able to balance my position to +1900+ for the week from monday until present. I have learned a lesson that doesnt matter how much you are profitable do not over trade and ofcourse not until you are tired enough where you fall sleep while position open.

    anyways to make it short

    I'M up +$1900 for the week.
     
    #233     Aug 22, 2018
    SimpleMeLike likes this.
  4. Simplemelike,

    Sorry to confuse you i meant to say asian session
     
    #234     Aug 22, 2018
  5. Overnight

    Overnight

    You could just back-test your strategy on 2 contracts NQ, rather than 1 on ES or CL, etc. BOOM! Problem solved?

    Never read into the opines of what you find on Google search. You have the data-feeds, you have the charts, just see for yourself. Formulate your own opinion about it. But if your strategy involves price movement, then you will find no better price action than RB and HO. They are another tool in your toolbox. At $4.20 per tick, 3 contracts of RB or HO would equal 1 ct of ES, and the movement there is NUTS.
     
    Last edited: Aug 22, 2018
    #235     Aug 22, 2018
    Trade4gainz likes this.
  6. Be careful of thinking I could make more money with more contracts and more trades! My worst day is always when I have more than 10 contracts traded total. Too much time chasing something that is not there. Don't try and bust your nut on the first stroke, let it last a lot longer and more consistent.
     
    #236     Aug 22, 2018
    Trade4gainz likes this.
  7. Overnight

    Overnight

    Hey now Ocho, this is a family-friendly forum. Mostly. :)
     
    #237     Aug 22, 2018
  8. Could you tell me the movement average on this perday also how is the fills?
     
    #238     Aug 22, 2018
  9. Overnight

    Overnight

    No sir, a static EOD chart will not show you the action. Just load one up and watch it during the day. You'll be agog once you watch them long enough.
     
    #239     Aug 22, 2018
    Trade4gainz likes this.
  10. Overnight

    Overnight

    P.S. The fills are fine if you are doing a couple of contracts with limit orders. No worries.
     
    #240     Aug 22, 2018