sjmr2

last trade of the day.

the market is very volatile, and we need to be careful and patient when taking scalping opportunities.There’s a hint ; the price might drop at least 200 pips. I’ll leave one or two positions to hold with a trailing stop loss.

I see sometimes you are in trade with 4 contracts.
Position size depends on stop size ?

my last trade

Good question.
Not necessarily. Sometimes it depends on the stop size, and other times it depends on my account performance for that week. Usually, I’ll buy more than one contract if my profits have already exceeded my daily, weekly, or monthly target.
For example, if my weekly target is $5,000 and my current profit has reached $5,500, I’ll use the extra $500 as risk capital to buy additional contracts. That’s my way of keeping my account consistently under control. Everyone has their own approach to managing their funds.

Done. TP hit....

Last trade

BO long.

Pullback gives better entry but I never know do I get pullback or price
runs strongly to target without second chance to enter.

TST long

Closed before double top, closed at level where two strong candle drop started.

First TST long failed second worked, target bit below range high.

Looking back yes, stop was close but I never know what level will hold.
I am okey with providing liquidity.

BO short. Modest with short targets. We made ATH in 30minutes ago.

TST and BPB longs.

Trading session has ended for today.
I noticed that many traders are complaining because their accounts got wiped out (MC) as the market kept climbing and hit an all-time high. I never comment on such things — I just smile watching them. Some were proudly showing their charts with thousands of pips in profit, but when they start losing, they suddenly go quiet and claim to be “on vacation,” when in truth, their accounts were blown due to holding positions without a stop loss.
That’s the reality that often happens in the trading world.

SL is one thing. They trade for action not profit. Money management, known by many understood by few. Most of trader dont know how to calculate size position base % their account and or they doesnt have any tools for it. Inability to spot the trend and many more. Hentam sahajalah hahaha

Lot of people get burned shorting the all time high.
I can't go higher, it just can't... and we made ATH again.

BPB long with target bit below ATH