Punched BTU for a 30 tick loss, lol. Such an ugly chart, such a stupid buy but thought it might get a gap up, against all my intuition, bought a shitty chart, on a company thats losing money hand over fist. Oh well, ive seen it go both ways with news late in the day, damned if you do damned if you dont.
BTU is not losing money hand over fist because it is now really an Australian Metallurgical coal and transportation company. Current BTU is post bankruptcy recapitalized company with US energy coal assets mostly gone.
Guys i really need help here, my entries are fantastic everysingle time, but then time after timne after time i cut my exits short cause i bail at the first sign of trouble, and i over read the tape. (I.E. I read so much into the next 10 ticks of the move i forget about the whole move.) But this is killing me and i dont know how to get around it, i chop my profits down to such miniscule amounts....... other than the open i trade like a jackass..... if it was unprofitable it would almost be better cause it would force me to change. But look at this ES trade, long 2429.5 sold like 2430.75 its a total joke when i look at entries and exits, i need to figure out how to fix my exits, but i just get honed in, and i read too much in too every tick instead of letting it ride.
Think next week im going to try saying i either get stopped out or i give a trade 2 hours to work, and just trying a time stop instead, cause i know its just impatience i need to let shit run for it to work.
Have you tried reversing the color of your candlesticks and flipping the monitor over? That always works for me.
LOL, pretty sure that wasnt meant to be serious, but that would just leave me shorting and punching out to early instead of buying and punching out to early......... The only constant in both scenarios would be me punching out too early. LOL.
Well, when all else fails just go long the S&P and come back in a week. You'll be up 10%. Or for a slightly greater return... just buy bitcoins, ether, and Dominoes pizza stock. Why are you making this so hard?
You are right brother, i think what happened here is that the Max E. fund got out of its element. Starting next week im buying TSLA DPZ bitcoins, and a couple kilos of blow. We will let the rookies sort themselves out, so i can just start bidding on an island.
added some more 2437.75 i dont see how we keep going higher late day onm friday afternoon after this run we will see i guess.,