Ill skip the formalities and jump right into it. This is mostly a thread to keep track of my own trades and keep myself accountable. I'll try to be as transparent as possible with all my trades/ideas. Stick around, maybe we can learn a thing or two.
Today was rocky but that's why I think its the perfect time to start this thread. Here are my trades.
4 win (+47.75)
5 loss (-32.50)
1 BE (+0.50)
Net (+15.75)
The sell off continues.... Wasn't sure if I wanted to trade because the candles were so large and liquidity was extremely thin in some areas. Also my directional bias was off for most of the day. I expected a rally all day but that was proven wrong early on. By the time I changed to a short bias I caught the local bottom. We broke VWAP and I changed to a long bias only to be wrong once again LOL.
2 Win (+19.25)
1 Loss (-10.00)
1 BE (+1.00)
Net (+10.25)
I traded okay today...my ideas were in line with the market but my execution was off. I had 4 trades that would have been winners if I got in more aggressively or didn't cancel the trade. The second loss is one that happens often. Its when a trend line runs into a wall of limit orders. Eventually the trend line caves to attract. I should have gotten in at the H&S. My third loss was me going in blindly off of delta without a AOI on the physical chart. Could have been a winner if I waited a bit longer. The last lost was out of pure frustration. I just got a no fill on a great short idea. Got in after the crack of the -1 SD. BAD IDEA
On my BE trade I got out because the buyers seemed relentless and I didn't trust my analysis...oh well
1 Win (+11.50)
5 Loss ( -26.00)
1 BE (+.50)
Net (-13.5)
Rough day! Huge seller sitting at 673-678 all morning. I like most of my ideas just need to tighten it up a little bit. First trade was good but it could have been better if i got in off the first test of cumulative resistance and VWAP. By the time I got in there was systematic buying and the fight to go lower was already lost. Trade 2 was the worst one of the day. Selling off a trend line into stacked liquidity coupled with a false trend change. Trade 3 was a possible x wing but the seller was to big. Got in off trend line and HS. 4th trade was right idea but wrong timing/too small of a stop.
Been trading the micros during this crazy volatility. I took a lot of trades but I'll show some of the thoughtful winners and dumb losers.
Trades 1 and 3 I let come back to BE after being up over 30pts on each. Trade 2 was a momentum play but it seems I have really bad success with those. I got short on trade 4 because I've seen this pattern play out a lot.
Trade 5 was a decent attempt but really I shouldn't have been looking for longs. 6 was based off of a MAJOR resistance on cumulative delta (bounced 3 times prior). 6 and 7 were momentum that never played out. 9 was a retest.
Trade 12 was dumb. I got in at the high cuz I was frustrated that I got stopped out on trade 11
trade 14 is interesting because of the absorption. 15 was a case of my stop being a little too small. re- entry on 16
Solid trading today. The first lost could have been avoided if I didn't move my STP so aggressively. Idea was correct. I really like the last trade because I a confluence of three things pointing to a long.
Win (+43.50)
Loss (-18.50)
BE (+0.00)
Net (+25.00)
Really happy with how I played this range. Was able to squeeze out a lot of points and not get whiplashed.
Win (+83.75)
Loss (-31.25)
BE (-1.75)
Net (+50.75)
I never posted but here was my 1 trade from Friday. It was a really nice trade so I called it a day after that. Simple case of sell side mrkt orders overcoming the buy side liquidity.
Win (+32.50)
Loss (0.00)
BE (0.00)
Net (+32.50)
A little sloppier today. For the first loss, I had the right idea but I entered to aggressively without an appropriate SL size. Same with the second loss. Weird day on the volume side. Seemed like there was no sell side liquidity.
Win (+23.50)
Loss (-17.50)
BE (+1.75)
Net (+7.75)
The success continues. I got a tick perfect entry on the 3rd trade! I think my one loss could have been avoided. The trend had changed by that point and also the cumulative resistance was in a different area if I wanted to go ahead with the CT idea.
Win (+27.75)
Loss (-7.00)
BE (+0.00)
Net (+20.75)
Entry on second trade was not ideal. Original limit was 1 pt off so I chased that red bar all the way down. I missed a solid entry on a fade. I saw the overwhelming buy side strength but didn't get in.
Win (+25.00)
Loss (+0.00
BE (+0.00)
Net (+25.00)
Lets focus on the losses. I like the first one. Buy side was getting aggressive. Big absorption into a nice push but not enough to breakout. I'm torn on the second one. Seemed like a breakout was about to happen so I'm happy with the stop placement. Possible re-entry on the double inverted bars. My BE trade was managed terribly. there was no sign of this going against me. The third loss was a solid trade all around. My final loss was a combination of a bad entry price and too small of a stop. If i get a bad entry its not a good idea to compensate by making the stop smaller!
Win (+74.75)
Loss (-28.50)
BE (+1.50)
Net (+47.75)
I mapped out todays action pretty well. There was only one impulsive trade that I regret. I need to work on less BE trades and be slightly more precise with my entries. I had 3 BEs that should have been winners and 1 loser because of a bad entry. Gotta keep an eye on that
Win (+43.50)
Loss (-21.50)
BE (+2.25)
Net (+24.25)
