Trade For A Living - Day Trading

Discussion in 'Professional Trading' started by Jordan_Andy, Jun 24, 2022.

  1. savoir

    savoir

    Sure. The timeframe isn’t important. You are able to get all the resources you need to support your lifestyle from the market. You are doing quite well.
     
    #51     Jun 27, 2022
    murray t turtle likes this.
  2. As promised, I will show my bad trades as well, because I think we can actually learn much more from trading mistakes and trying not to repeat them.

    EU6 was moving below its over-night range and trading close to yesterdays low. I shorted but got kicked out right away (only trading 1/2 risk due to the small candle). -$375

    Got short once again, this time doing better but I got out far too early trailing my stop far too close. +$568 (half risk again).

    I consider the first trade (losing trade) a good trade, the second one (winning trade) was poorly managed - terrible trade!

    What I try to explain here is: the outcome of a single trade should be secondary. More important is how you managed the trade following your own rules.

    220628_075737_CQG_Integrated_Client_Chart_EU6U22_-_Euro_FX_(Globex)_Sep_22.png
     
    #52     Jun 28, 2022
  3. Long YM, got out quickly: -$225
    Long EP, stopped out at b/e: +$50
    Long GCE on failed break out of the overnight range: +$490 (wanted to get out before report at 9:00 am).

    220628_085808_CQG_Integrated_Client_Chart_EPU22_-_E-Mini_S&P_500_Sep_22.png 220628_085757_CQG_Integrated_Client_Chart_YMU22_-_E-mini_Dow_($5)_Sep_22.png 220628_085820_CQG_Integrated_Client_Chart_GCEQ22_-_Gold_(Globex)_Aug_22.png
     
    #53     Jun 28, 2022
  4. ENQ looked like the weaker one today. Short ENQ +$1620 (followed my plan 100% now with targets and trialing stops) ;-)

    220628_091136_CQG_Integrated_Client_Chart_ENQU22_-_E-mini_NASDAQ-100_Sep_22.png
     
    #54     Jun 28, 2022
  5. There was another short trade around 12045 in the ENQ. Wasn't sure because of the 12000 level but would have been a valid trade with target around the over-night low and then lower. Dammed! :banghead:
     
    #55     Jun 28, 2022
  6. %%
    REALY?? LOL:D:D
    Same here, savior; i much prefer calendars.
    I do own a clock in my TM 4 cylinder but that came with it; +Sony Dream Machine clock\radio, again , clock came with the radio . Amen on longer term goal=lower tax rate...................................................................................................
     
    #56     Jun 28, 2022
    savoir likes this.
  7. Come to Norway and buy me dinner at Maaemo and I'll teach you how to spend more money in return. :)
     
    #57     Jun 29, 2022
    nooby_mcnoob likes this.
  8. Short EP after falling below the overnight range. Timed out with a loss: -$420

    220629_084926_CQG_Integrated_Client_Chart_EPU22_-_E-Mini_S&P_500_Sep_22.png
     
    #58     Jun 29, 2022
  9. Markets having trouble breaking out of the overnight range. Long YM: only +$265

    Difficult market conditions today. Will reduce risk.

    220629_090953_CQG_Integrated_Client_Chart_YMU22_-_E-mini_Dow_($5)_Sep_22.png
     
    #59     Jun 29, 2022
  10. Short YM below the overnight range, half risk: +$640

    220629_091815_CQG_Integrated_Client_Chart_YMU22_-_E-mini_Dow_($5)_Sep_22.png
     
    #60     Jun 29, 2022