YM Magic!

Discussion in 'Journals' started by TheTrue1, Mar 7, 2017.

  1. TheTrue1

    TheTrue1

    Long 20580
    Sl30 pt 30
     
    #251     Mar 22, 2017
  2. TheTrue1

    TheTrue1

    CLOSED 20580@20560
    TRADE 15 -500
     
    #252     Mar 22, 2017
  3. TheTrue1

    TheTrue1

    Short 20560
    Sl30 pt30
     
    #253     Mar 22, 2017
  4. TheTrue1

    TheTrue1

    Long 20590
    Sl30 pt30
     
    #254     Mar 22, 2017
  5. TheTrue1

    TheTrue1

    CLOSED 20560@20590
    TRADE 16 -750
     
    #255     Mar 22, 2017
  6. southall

    southall

    Just 2 minutes to stop out on last trade and lose $750, after 2 other losers.

    Do you know how that feels when you have real money on the line and you lose that much so quickly?

    Believe me you would be real angry now.

    You would probably have smashed your phone, or gone full tilt betting 20 contracts on your next trade and losing $3000 on the your last trade of the day.
    And be in shock for the rest of the day.

    Paper trading is nothing like the real thing.
     
    Last edited: Mar 22, 2017
    #256     Mar 22, 2017
    algofy and themickey like this.
  7. TheTrue1

    TheTrue1

    CLOSED 20590@20600
    TRADE 17. +250
     
    #257     Mar 22, 2017
  8. TheTrue1

    TheTrue1

    Short 20605
    Sl30 pt30
     
    #258     Mar 22, 2017
  9. volpri

    volpri

    LOL ROFLMAO poor phone. Poor account. Somebody or something had to take the blame..can't be the magician. Trying to trade on momentum or speed of price movement is tough without factoring rate of change of the velocity. Is it increasing or is it decreasing over x amount of time. Cell phone can't do that. Only way to win on trading momentum is to have velocity (speed in a direction) increasing over a measureable unit of time and be positioned for the increase, otherwise many cell phones get smashed and many accounts blown in revenge trading...looking to be made well. Best to just watch a chart, learn PA patterns well and trade them well. I've made 6 trades this morning in ES 5 winners, 1 BE, 1 loser. Didn't have the time to run simultaneous trades in the NQ as in a big fuss with wife over nonsense and lost my equilibrium and could not think fast enough.

    Average win bigger than average loser. Good win rate. All on price action range treading patterns. My actual risk on all 5 trades was $0.00 as i try to get in at precise moments and run tight stops. If trade doesn't go my way QUICKLY i hightail it out of there faster than a bear running from a skunk.
     
    Last edited: Mar 22, 2017
    #259     Mar 22, 2017
  10. TheTrue1

    TheTrue1

    CLOSED 20605@20575
    TRADE 18. +750
     
    #260     Mar 22, 2017