Trading the ES live-the Brooks way

Discussion in 'Journals' started by padutrader, Aug 18, 2024.

  1. padutrader

    padutrader

    stopped out. tried to save the trade by moving stop .in a range market forgives. but not this time
     
    #1121     Sep 27, 2024
  2. schizo

    schizo

    How the heck did you enter at 5826 when HOD is 5821.50?

    And by the time you actually posted this trade, ES was already trading between 5811 and 5808. That's almost 20 point difference. Talk about a slow poke. :rolleyes:
     
    #1122     Sep 27, 2024
    Overnight and padutrader like this.
  3. padutrader

    padutrader

    true i did not

    the arrow on the monitor shows entry price as 5811.45. typo i think. w5.png
     
    #1123     Sep 27, 2024
  4. schizo

    schizo

    Yeah, but you normally only trade 1 lot. This one is 5 lots. So how am I to know if this was a single trade or an average where you legged into multiple trades? So, next time, try to post your trades as close to real time as possible, otherwise give more details.
     
    #1124     Sep 27, 2024
    Overnight likes this.
  5. padutrader

    padutrader

    i told you that this was a bad trade that i tried to save by moving stops and scaling in.

    when the trade is bad get out and make note of it that you were fooled by the market.
     
    #1125     Sep 27, 2024
  6. padutrader

    padutrader

    Finally i am learning to identify my mistakes since i know why i take trades.

    The Market cycle as explained by Brooks is a huge help in this.

    this is only time that recovered from a big loss-trying to 'save ' a bad trade by scaling in, moving stops-but recovered and finished the day in a profit.

    Learnt a lot this day w6.png
     
    #1126     Sep 27, 2024
  7. padutrader

    padutrader

    trading is my main business.

    when i am bored and get time i post
     
    #1127     Sep 27, 2024
  8. padutrader

    padutrader

    the entries in the order record shows 5 single lots were scaled in from 20.43 Hrs to 20.49 Hrs.

    exit of 5 lots was at 21.22

    on the screen shot the time stamp is 20.03 Hrs.

    so the post was 13 min late.

    i see no value in posting the trade faster even if i could. that is not one of my ambitions in life


    the trade was open/live.

    i do not know whether that particular trade will end in profit or loss.

    so that is what i mean by saying the trade is live-

    thank you for your interest in my journal. w7.png
     
    Last edited: Sep 27, 2024
    #1128     Sep 27, 2024
  9. Darc

    Darc

    Won't be too long until Padu is the best ES Trader on the Forum.
     
    #1129     Sep 27, 2024
  10. Overnight

    Overnight

    *spits beverage at screen* Why the hell are you in 9 contracts on ANYTHING? You lied to me and haven't learned a thing.
     
    #1130     Sep 27, 2024
    p0box4 and HawaiianIceberg like this.