Sorry man fair enough, chart after the effect looks easier ofcourse more so on M5, a lot can happen in 5 mins, need to video capture the day the show us the live action. Yeah that range. Can you replay those trades tick by tick see if you would do anything different ? Disagree on the TF, if your an S/R trader fair enough, but your a momentum trader like me, its hard to see momuntum on a M5 chart IMHO. Replay those trades on M1 ?
And its not all about mental issues, you need a method that works live aswell, some methods look great after the fact, but there is no way to call the entries live. How many pts to lose before margin call so we can see how bad that day was.
With the encouragement of a friend I want to apologize to all for my indecent humor regarding something that I find so really serious, and important. This humor, learned from a poor example in my life helps to mask pain and disappointment in myself. I accept full responsibility and wanted to tell anyone reading that I'm sorry, and it won't happen again. I'm very serious about my progress, and the last thing I want is to portray an attitude unwilling to listen and learn, and ultimately grow. --JS.
JS Good friend you have there - tell him/ her - Thank You So now...., what say we get down to the business of learning this crap You lead..., we follow RN
Got to have humour, I find it helps while I'm losing my ass, more to life than money after all. If your not enjoying what you do, stop doing it.
I think someone else should lead for a while, not me, don't do M5 or NQ or draw lines on a charts all seems a bit to random for my likings.
free lesson - take it for what its worth Part of what separates a trader..., from all others who trade (or attempt to..., or portray they do) Traders - trading is only about making money Traders - normal losses are expected - anything lost above that - is serious fucking business Protect capital first..., make money second - neither a laughing matter RN
Rotating into full time ish over the next few months ( 3 days per week, 50% of income from 1st Jan ), so need to get more like that, but no matter how much money I'm making unless I'm enjoying it I'm going to get bored and lose interest. Loosing up a little might help JS to see the wood through the trees ( or something similar ) Saying that I think JS is over complicating it for himself, he should go back to Sim preserve cash and try to go back to what he was doing when he started, keep it simple. It's hard to think and plan when there is real $$'s at stake. trading isn't hard, we fail because we make it hard.
I can tra Sorry for the many questions. Some were "rhetorical" for me so that I'd visit them later. I'll identify those from now on to avoid confusion. question: When you say context was light, do you mean I didn't have enough to go off of it in current PA? Or are you saying I need to learn more about identifying context - trendlines, ranges, support/resistance? Trade the supporting PA. That sounds elementary, and yet I see I'm not doing that. I do trade context. I'll have to learn more here. The first trade? I saw price break premarket range, and it pulled back. I didn't yet "see" the range developing. I should have after the stop out and a higher low bar right? I was definitely a ping pong ball. I'll have to learn how to spot range faster/more efficiently. MOMO = momentum? "Trade referencing the closing of a given bar" That helps me. Thank you. Often, I trade referencing the current bar while it's forming. -JS
I don't know if tradestation can replay tick for tick. Though that would be really helpful. I should look into that. I want to trade S/R and scalp. I'm not sure I'm a momentum trader. I'm still trying to just study one set up. That's all. Momentum isn't it, it makes my heart beat faster. For now, I'd rather be calm and objective. In momentum, if I understand the term correctly, I chase.