Done for the day. I am going to have to do end of day summaries as posting while trading is a distraction. Two losses and two wins today. The wins were small but so were the losses. Overall small net positive. More importantly I stuck to the plan even when certain things looked tempting. I am taking images of each days trading, making notes live and then reviewing. I have made some adjustments to the plan that dialed in current rules. It didnt add any guidelines that are outside of the ones I have, just specified rules within the current ones. Personal clarity. New money in my account is better than money in someone elses
That's what friends do Whenever you are ready My only concern - is too much too quickly - to assimilate properly I'll be following your lead No other way... And now you are understanding the "it is what it is" comment I made last week... No room for shits and giggles Always RN
I question this trade - specifically the timing of it..., because if my math is correct - wasn't this ~1:00 PM EST..., which would put it at the latter part of the lunch time lull Recall my comment about when no volume exists eta; maybe volume was coming back in??? RN
Good trading Today XB Edit for accuracy - hope you don't mind (simply reinforcing an important point) RN
Rn With my current plan I actually do take trades during that time. After I get a bigger sample size I am going to look at that for sure. I need more trades that are under as similar conditions as possible to rule in/out tendencies like that time and volume. Right now I trade anytime after 1030 am . Near eod if I take a trade there needs to be enough time to get to target. For example - I won't enter a trade at 345. Not enough ample time to form a trade I am trying to manage.
fwiw I use a bigger TF to map out the mine field..., and potential pitfalls More than once Iâve seen; Price gap to a S or R on the larger TF â then fail Price gap to the other side of a S or R â then zoom off Today for instances; it gapped into no mans land, moved up to an R, then came crashing down from whence it originated â yesterday ------------------------- Maybe we can have a conversations about the actors, and the roll(s) they play â in due course⦠of course RN
Don't take this the wrong way as I know there is a lot of merit to what you are saying, but I am going to leave that out of my daily decision making for the time being. As I become more better and better at trading, I would love to revisit it.