In at 23782 (average for 2 lots) Presently at break even.
Break Even Trade +5 pips
Break Even Trade +5 pips
1
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DislikedHad to work hard to get back in the green and was the fortunate recipient of a great bull run. Kind of got stuck trading the 89T this morning with wider stops and was getting killed. Decided to take the 1597 long setup mid day that rode the pain train for quite a while. Once the 89t swings aligned with the longer term bullish direction, I traded all the smaller swings while keeping my long term long in place. Makes it hard to keep up with the positions on 1 account but turned out nicely. 12 trades (eegghhh - too many) 5 BE +0, +1, -1, +1, +1 4 Winners...Ignored
DislikedI'm going to share a BE trade from yesterday to explain the logic behind several of the trades I've been taking lately. I fully expect and hope Mr. Pip will come behind me and urge caution with this approach. I've been setting my actual stop loss order at the 138% retracement when taking trades on the 233T. The only reason I do this is because my computer could crash and I need a physical stop loss order in place. I've been setting my mental stop where it's supposed to go, above/below the last swing. But I've been closing my position around that...Ignored
DislikedHi Mr. Pip, I want to ask you about taxes. Did you make your company after you started winning or before you started trading? Because I am looking for information on taxes here in Puerto Rico and found that there is a tax exemption for those who move here. They pay 0% of capital gains, in short and long term gains. I would not apply but find that Florida has good taxes too. thanks!Ignored
Disliked{quote} The last 2 weeks I've been taken out numerous times by 1-4 points. I've tried setting SL 2 points above/below as well as 10 points above/below. Somehow it seems to find my SL and reverse. I think I made a joke about finding PRZs by looking at my SL. I've been thinking about something like this myself but wasn't sure how to make rules around it. I may try this but will require a lot of discipline. Thanks bmdentonIgnored
Disliked{quote} Sorry that spring has not come for you guys. The expectation is for a NSL on the order flow of the chart your D point is part of the complex correction and a nice place to short the market.Ignored
DislikedYM1597 - Long Term trade (looking for a NSL) Entry: Scaled in 23889 Stop Loss: 24310 Target: 23032 Three contracts scaled in at 23889. In hindsight should have waited until price got to structure at 24000 however presently +288 pips and moved to Break Even +20 pips. Moved stop loss to 23700 presently +460 pips. {image} {image}Ignored
Disliked{quote} Did you short after the 1:1 completion.Nice good trade .Same old Evo aggressive trade.Ignored