Today, I really should not have canceled my 2nd contract, instead left it to go to target or stop. From the above results I am probably not trading enough contracts. Believe it or not I have had weeks where I had no losing trades, but last week was not one of them.
Thanks NoDoji. I actually think before I start each day some of the stuff pm me about targets and trading your edge each time for each setup. You are one of the few traders here I respect.
I was just skimming over this thread so not sure if you mentioned... Are you trading your real life account while you are also focusing on the combine? I'm tempted to try this almost as a game but I'm afraid I'll get some half cocked ideas to trade in my real account but on the other hand since my bread and butter is med term options strats this might give me away to fill some time. Just seems like there are so many rules. I thought people traded because they don't fit into society because they hate following rules ok looking stats so far considering all the good price action is happening when you aren't allowed to trade. Even though you haven't made much you're controlling risk and that is the name of the game.
down today -50p. At this point with not too many days left I am swinging for large profits and while some of my contracts are hitting targets the rest get stopped out. It also did not help that we were in a large range and on one trade I got into a short only for the market to reverse and stop me out of both contracts before going down. Also, on another trade 2nd contract got stopped out at BE before market goes down again.