Awesome recovery! Glad to hear I'm not the only one with itchy fingers. LOL. Curious. What other products did you trade in your 'trade everything account'? And which product have you focused on in your recovery? NQ? I recently reviewed the Market Wizards series and a common theme is being selective and patient for your trades - where there were even day traders who would have days where they didn't even trade. I was surprised to find that the interview with Jim Rogers (a fundamental trader who doesn't use charts) was one of the best in the book. His trade frequency is very low, but the key for his approach is he would really, really wait for those rare opportunities where he a) had a very high conviction b) knew he could make a lot if he was right c) knew he would lose very little if he was wrong He also spoke about how the natural impulse if someone lost money is to urgently do something to make it back and how that's precisely what you should not do and how it's a quick way to the poor house. You should rather wait patiently for something new to materialize. I 100 % believe that filtering out bad trades can make or break a trader, but in practice it's not easy. And the more discretion you have in your system the harder it is to put in practice. In the end, the great trading game is rigged against human nature. That's why it's so hard even if you have a valid trading system.
Anyone can flip a coin and make 20 (or 22 ) points in the ES, but that flipping is something to behold, congrats.
Maybe @v-shape-0DTE gave me a virus, but I still think this can push to new RTH highs by the close...
i've had 3 or 4 very good days in a row after complaining about a little rough patch. I just need to complain more, is all!
We urgently need @v-shape-0DTE to come and tell us: "Did you guys really think this market would go down?"
The same kind of setups which work very well for NQ, but I couldn't get them to work consistently on GL, CL and etc.... As always, NQ trades from RELIABLE setups help me to recover those losses. From there, my equity curve from this mix account keeps hitting HH once I stopped my itchy fingers as well as strictly trading NQ.
The more you spend time on reading market's blueprint, the more it'll make sense as to what Jim said. Those million $$$ trades are rare and only happen once or twice a week or none. You must be very patient to wait.
how’s my cl doing? ka ching long 10 zn but otherwise 3 ticks on 4 lots es long or short, nothing to write home about.