DOW Futures

Quoting Brixen

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{quote} All right and well done...now you can go to sleep, while I try to have my breakfast.

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Quoting 133usd

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{quote} Thanks buddy! Well today's US session was SLOWWWWW grinding range. I did fantastic considering the conditions today. I am crossing my fingers I can keep my profits consistently high like this. Most of all, I had a lot of fun today and it wasn't stressful except only 1 trade. The rest was a cake walk! Cheers

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Quoting Bankpips

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{image}

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Quoting 133usd

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One of my favorite setups into the close...the Triple Bounce. I guess it could work at any time of the day, but into the close after a big drop it's quite successful. It's a 1 shot win or lose setup. You are in it long without confirmation and a tight stop, and selling longs when others just begin to notice it. I was with a trading buddy today coaching him, and tried to get him to take this setup with some meaningful size...He still had no confidence to take the setup with any size and only put on 1 micro, which is fine I guess, but you need to...

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Quoting Brixen

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{quote} US close, I mean 22CET, and 20/30 min before when most intrady positions must be closed, are crucial moments into a day trade. I agree, many chances are there, but we need cold blood, steel nerves and fast decision to take. Not easy to trade but great rewards are around the corner thet time.... The same as 9CET for DAX CASH INDEX..... Where is RMG ????

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Quoting Rmg

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{quote} Going through rough patches Brixen. Still doing ftmo challenge 7th attempt probably the final one before I give up. Continues to lose cause by Overtrading, knowing that doesn't change the fact. Just can't believe the utter lack of my self discipline and not taking advice from anyone "I know better" mentality shows I may never become one. If I fail this challenge I must step back 3 months break at least then to decide whether to pursue trading or just to stick with day job. Day job isn't rosy either, bosses wants me to kiss their feet to...

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Quoting Brixen

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{quote} 1. The strong will to succeed is probably the cause of your pains, imho. I mean this is one good thing you have to be proud, but when exceed a controlled level it become the start of a new fail. If you go on motorway at 130/140 km per hour (around/slight above the limit here) is good, cause you can reach every destination in a good time, but when you exceed those levels you risk a sure charge by police and to go out of the road. 2. We are all rebels here, more or less. We don't want someone who tell us what to do, we want freedom, we all...

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Quoting Rmg

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Automated strategy runs well on NQ sim. promising back test results( better then YM). Almost doubled expectancy then YM. Next time no manual trading on futures account. Let sierra do the job. {image}

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Quoting 133usd

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I did good last week, but I admit I pushed my risk well beyond my normal limitations. Also a few "lucky" trades there. So this week I will be cutting back drastically and taking far less risk. Definitely a nice boost that I normally don't get! Right when I feel too confident, I know to limit my trades and size, because that's when I give it back! Game plan for Monday morning: Taking it slow! {image}

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Quoting 133usd

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{quote} That's cool, would you share the automated strategy or explain how it makes decisions? I'm super curious, always wanted to have an algo/auto-trade program. I'm not good at programming so I haven't even tried to code anything, yet. Maybe someday! I'm glad you're back at it RMG. I say still, don't give up. And I agree with Brixen, sometimes it is our will and strong determination that will cause us to lose or overtrade. And it's really hard to fight that urge! I still practice and build discipline.

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Quoting Rmg

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Started small with micro futures again. {image}

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