Tuesday, October 8, 2019

Tues. 10/08 -4.9%

11:05am CDT - Abysmal trading. Remember how I said I need to do more homework Fri.? Well I did some over weekend but not enough.  Tweaked things which worked fine yesterday but not today.  Discipline went out window on last few trades and the stop out on the last one just plain hurt. Short break is due.
RESULTS FOR DAY
CL Contracts:7
Net $P/L: -648
Wins: 1
Losses: 5
Win%:17
Avg$Win: 6
Avg$Loss: -131
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4 comments:

  1. SoullfireOctober 8, 2019 at 10:20 PM

    Silver lining is what the consistency of losing trades today points to. If someone bet you $1000 to make a sequence of bad trades like this, the odds are you wouldn't be able to do it.
    The trades indicate that your trade logic is giving you opposite signals of future price direction. The heavy, heavy lift is reaching into your conscious and subconscious to map your logic, comparing it with actual market behavior, and update your logic accordingly.
    The core problem we all have to solve is being on the right side on the trend, and then determining the best entry point for continuation.

    ReplyDelete
  2. ROctober 10, 2019 at 5:39 PM

    Very important message for you.
    Inform yourselves about the moral problem of trading. It is necessary to avoid wrong behaviors. See below.
    http://tradingonline-a-moral-problem.blogspot.it/

    ReplyDelete
  3. Trading ArcadeOctober 11, 2019 at 7:51 AM

    Stay motivated. Good luck!

    ReplyDelete

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