Trading Journal of a Top Futures Trader

Discussion in 'Journals' started by TopKoreanTrader, Sep 22, 2024.

  1. tomkat22

    tomkat22

    I thought he said he's only been trading a couple of years?
     
    #61     Sep 23, 2024
    TopKoreanTrader likes this.
  2. volpri

    volpri

    Not necessarily bad. What is more important for a scalper is the actual SL when determining a R:R. That is what the market actually went against him plus 1 tick before it went in his favor. And of course I always preach as a scalper a "high win rate". Winning is nigh everything in scalping. Without you can't win!

    The unrealized initial SL is paper.

    Scalpers will often find they are upside down on initial SL.
     
    Last edited: Sep 23, 2024
    #62     Sep 23, 2024
    TopKoreanTrader likes this.
  3. volpri

    volpri

    When we crawl our carcasses out of bed. I am actually up and on my second cup of coffee. Will take a few trades this morning then will stop as I am still getting Motorhome ready for the long trip. It always take me time to get my house on wheels ready to go. Getting too old. Move too slow. I have decided departure date either Sunday or next Monday 30th.
     
    #63     Sep 23, 2024
    CALLumbus likes this.
  4. Guys I'm sorry but I might not be replying to posts anymore other than posting my trades. I think I spent today more on writing replies than actually trading. If I continue this way I'll probably end up a chitchatter rather than a trader.

    I didn't start this thread to practice my English lol

    So apologies in advance!
     
    #64     Sep 23, 2024
  5. ironchef

    ironchef

    Why?
     
    #65     Sep 23, 2024
  6. volpri

    volpri

    Volatility different than expected I presume.
     
    #66     Sep 23, 2024
  7. ironchef

    ironchef

    I see. Thanks.

    But why the initial stop? Vol should be there already at entry?
     
    #67     Sep 23, 2024
  8. Might enter Nasdaq with a long position, just waiting for the candle to be completed.
     
    #68     Sep 23, 2024
  9. LONG CLX24 71.35, TARGET 71.82, No initial stop loss
     
    #69     Sep 23, 2024
  10. 15 minute candle completed but it looks bad, so abort.
     
    #70     Sep 23, 2024