Trading on "Instynct" (NQ)

Discussion in 'Journals' started by Instynct, Nov 12, 2010.

  1. out 17.25
     
    #1281     Jan 14, 2011
  2. i knew it..

    L 18.75

    T 21
     
    #1282     Jan 14, 2011
  3. nice day guys..sitting on your balls :)

    you be up 20+ handles investing in the open :cool:
     
    #1283     Jan 14, 2011
  4. out 19.25
     
    #1284     Jan 14, 2011
  5. theres my play :(
     
    #1285     Jan 14, 2011
  6. S 20.75
     
    #1286     Jan 14, 2011
  7. a 20+ handle move almost strait up from open and you sat on edge of your chair crushing your nuts thru it all..looking for the killer FADE

    here's a news flash..

    f^ck the fade

    YOU MISSED EVERY MOVE. YOU MISSED "THE" MOVE. :eek:

    f^ck!

    maybe reconsider your strategy??
     
    #1287     Jan 14, 2011
  8. talking to myself here :(
     
    #1288     Jan 14, 2011
  9. Sunshine and Instynct, I am at a bit of a loss here. You both seem to take top and bottom picking trades. Am I missing something here? Do you think you are more profitable from those trades?

    Maybe I am just on the wrong time/volume chart to see the setup.

    Just askin, no big deal, it is just something I have never been successful at.
     
    #1289     Jan 14, 2011
  10. BMW,

    The reason you are not successful at it is because picking tops and bottoms and anticipating a full reversal is a losing game. No surprise. My last trade was a low probability one, I certainly did not follow price action on that one. In the past if I sell the highs, I'm usually looking for a quick 1-2 pt scalp. Its very rare for me to play a full reversal before i get some decent confirmation. This time I tried it and lost.
     
    #1290     Jan 16, 2011