lol and thank you Nodoji! I began to see copying your "tedious post market analysis" started to impact on my PA skill! Thanks a lot! You are truly the role model and Queen of PA! Lately my losses are reduced by almost 50%. Maybe its still too soon to tell if thats the true number, but I also get more confidence define entry...
Hi Matcha, Congrats! Another very solid week for you. Very nice PnL. Excellent "avg # of trades per day", winrate and winner:loser ratio. Most importantly, I see you have a lot more confidence in yourself and in control of both the entries and the exits. An A+ for your discipline. I wish I have your ability to SOH and to cut losses short, largest loser for the week, -0.75, it's quite an accomplishment! Keep up the good work! I have lots to learn from you! Have a good Good Friday and may the Easter Bunny be nice to you! --po P.S. Today was a very slow day. I only took 1 trade, +0.25pts!
ha, i learned a lot from you too! Let's not get overjoyed by the little baby step for Matcha! 2 weeks stats is nothing. Let's come back review with 4 weeks, 8 weeks and 10 weeks data and see if there is really some consistency built in here! There are still a lot to learn for us! If we just keep making little steps without giving up, we will be fine!
Hi Matcha, You did good to trade less and played defense very well! It's a narrow range day especially the 2nd half. I took 2 trades today. Lost 1 pt. each for a total of -2 pts. Leaning from my mistakes and try to avoid trading in low volume narrow ranges in the future. All the best! --po
Not doing too well on trade management. Entering in a tight trading range is always a tough âholdâ job for me. I got to learn: when entering above the signal bar that has some Overlapping with previous bars(tight trading range, horizontal flag), I have give the trade some wiggle room⦠+0.5 3 trades
Not to be repetitive... distance away from the MA indicates momentum...Thats when you can really TRUST the trend... unlike when they are flat...usually Clear indication of CHOP. I personally avoid the lunch hours easpecially after run like this one.
Hi Matcha, You did better than me. I made 4 trades, all b/e trades +0.25 pts. for the day. Still working on my stops and exits. --po