Johnny Rock's $100,000 Challenge

• Heavy volume
• Support on hourly
• Re-entry

 

Moved stop.

 

Added 1 contract.

 

Updated stops and average price of two contracts.

 

Break failure. The loss reflected is the total for the day.

 

• How to find the bottom when this bubble finally pops.
• Duplicate charts so it's easier to see (dates line up in the older candle charts).

 

• I added a 30 period Donchian channel
• On the 5' chart, that's 2.5 hours
• I like the way that you can quickly visualize S/R/trends when you cycle through the time frames

 

Although these charts look different, I'm still looking at the same info: (1) S/R, (2) volatility and (3) inflection points.

 

Quick update, basic summary. Where are you along in that $100K trading goal?

 

Paper trading. That is not going as well as I would like. I think I got a bit overconfident as I am prone to do.