Been travelling all last week so no updates. Back to it today, scalp trading the Dow futures (also known as the YM). As on the previous trade the stop is set to +2 after 10, so the first trade stopped out at +2.
Tag: Futures
Scalping Dow Futures +27
After a later than planned lunch, there were a couple of trades on the Dow Futures (YM). On these trades, the stop is set to +2 after 10. For some reason I got +4 before price came back & stopped me out.
Trader Update 1st November 2022
Bitcoin BTCUSD A potentially positive pattern forming with clear moves up from the c wave. We are currently looking for confirmation of an a/b or c, which would then suggest a decent thrust up. Using Fibonacci, 19936 is the first level to watch. Ethereum ETUSD A very similar situation on this chart. Looking positive with… Continue reading Trader Update 1st November 2022
Scalping NQ Futures
Another student trade. Although the day was profitable, believe it or not, he called the bottom. But he didn’t take the trade because of fear of losing what he had gained. 2021-04-20 NQ Futures Trading Chart Does psychology & patience trump analysis?
Why Trading is All About Psychology & Patience
Although this entry on the Nasdaq Future was near perfect, one of my students bottled it. Why? Because he thought it was going to come back & take his stop. This is a classic example of not allowing the trade to breathe through fear of losing. Image of Trading Chart Nasdaq Futures 16/04/2021
Finally Some Progress Nasdaq Trade Entries +54
After the last couple of days on the Nasdaq Futures, these 2 trading entries couldn’t have made a better end to the week.
A Recovery After Another Difficult Day Trading the Nasdaq
So another fun packed day when nothing really went the way I wanted it to. There was a fairly nasty drawdown to start with but I managed to recover from it. Onwards.
Nasdaq Trades – Very Challenging Day -45
Made some mistakes on this one. I didn’t like price from the start, but you have to take some losses to really learn from your mistakes. It is then what you do with that learning, psychologically. Internalise it, and you will be finished really quick. Brushing it off and carrying on is the only way… Continue reading Nasdaq Trades – Very Challenging Day -45
Trading NQ Quick Entry & Exit +35
This was a nice quick trade, wish they were all like that.
NASDAQ (NQ) FUTURES TRADE CHART +35
View fullsize Image of Trade Entries: Nasdaq Trading Chart 14.04.2020