I guess you will have ask those questions to Mr Byeajee and see if he gives you a satisfactory answer.
Go for a run, and build it up to 10 Miles, gradually, then start running Marathons. Edward O. Thorp started running Marathons at 47 years old, and ran 22!!! In the video, he is almost 90 years old! Which is NUTS... Focus on Winning Trading...
any timeframe, I trade price action and I can see opportunity everywhere, I think thats the problem with price action.
Hard to describe, it was feeling,watching speed of the action, tape reading I guess, sometimes everything work out perfectly, I could get a 30points ES big trade. I could do better by taking the trade off S/R, and enter again at a better price, but in my head I know damn sure it will get to my target and sometimes wipe away 10 points profit and turn it into 3points loss.
I trade MES,you can see i shorted the top 4211 area, took some profit on the bounce then market drop lower, i covered along the way, and market reached 4165 low(I know there is hard Support there but I decide to wait) and it bounced and I covered the last one on the range break out. I know I could of made more by just cover at the low as you see, I given up alot of profit by trying to stay in the trade to not miss a homerun(which I missed my opportunity for the oil break down to negative year ago, I got stopped out my short and it never comes back, beleive or not I was sure that oil would go to 10 from my TA,and I got long and stopped out on the gold run from 1600 too). Then later I kept shorting above the bottom formation and I kept losing(all these trade I knew it was going to be bad the moment I entered it, but I dont want to miss a homerun again, so I enter anyway and kept stoping out and try again) and finally picked a top, market picked my stop for the exact tick and I stopped half of my position, and later I covered on the bounce which I gave up 50% of my profit again.
There are people that make a living trading futures via just being happy with a few points per trade. Yet, you don't seem to content with such. Instead, you're willing to increase your risk dramatically via trying to shoot for "homerun trades" although that seems like a facade for you because you do not mention / no definition of how much (points) that reward represents. In fact, most people I know at this forum when they use that phrase "homerun trade"...they are able to define their risk:reward prior to trade entry for each trade they take. For example, you mention MES and someone here at ET would say their "homerun trade" is risking 40 points with a reward of 150 points...a single trade they're typically in for many days or a few weeks. The conflict I easily see on your chart is a conflict with your perspective. You're taking multiple trades and struggling while trying to catch a homerun trade. Just as odd, you're struggling in your trading but you continue to trade with "multiple contracts". Why aren't you decreasing your position size to the bare minimum as in 1 contract until you're able to control your perspective about your trading. All the above correlates to when I see someone post a chart of the trades without the x / y axis. Usually when I ask someone for a chart example of what they're doing...I want to see the their trading platform with their chart as it looks on their monitor...it helps to minimize the hindsight analysis after the fact. Simply, there's other issues occurring in your trading that you're not willing to disclose. I'm guessing its nothing related to trading because I see too much repetition of problematic perspective with whatever you're trading: Don't want to miss a Homerun trades when its obvious you're just day trading Multiple contracts while struggling in your trading Trading different instruments (Gold, Oil, micro Emini) Could have made more via cover at the low / exit at the high (hindsight analysis) I knew it was going to be bad the moment I enter...yet you stayed in the trade Self diagnosis about having PTSD without confirmation nor help from a professional Lower your position size to 1 contract and start over. If you're not willing to do that...you should not be trading. Seriously, how much money have you lost in 2021 and is it money you could have put towards getting professional help with a psycho therapist or psychologist ??? Sorry to be a little abrasive above but trading is not a friendship activity and a bad choice to use for exercising emotional demons. Last of all, you remind me of another ET member with similar like problems that disappeared in 2020. The guy absolutely refused to lower his position size while he was having too many problems in his trading in his effort to catch that "big profitable trade". Poor risk management Sadly, had he been satisfied with just a few points each trade...he would have been a highly profitable trader plus he had continue trading without knowing if he had an edge or no edge. wrbtrader