Thanks everyone for the advice. Regarding automation, I am convinced it is not the way to go as price levels required human review for ranking as...
ammo.. long time.. May I add there are other costs besides money in taking poor trades: You are emotionally drained and therefore less...
Currently I am alone during the day.. But good idea.. Almost worth paying someone to do. Business idea!? Suffer no more. We place your trades....
I would seriously love to do this but how do you automate a fluid Price Level based system? (No indicators involved)
I don't trade large. I know a guy that trades with a 50k account but he cannot leave the screen with $50 at risk.
Ironically... I trade more if I begin the day with losses. I trade MUCH less or not at all if I am in profit, not wanting to "spend" any of it....
Shutting down for the day... I did not take a single signal this morning.. There were 6 of them.. Finally took the 2099 short (not a signal just...
You are clearly picking trades.. or mezmerized to the point of not "seeing".. Sounds like me:D
I am a prisoner. For years I live in a cell, a very small cell. Most debilitating is this Jail has no walls yet I cannot break out. Like the...
Was unable to trade today... Looks like it was a 6 trade, 38 points day... easy..
True.. However I have found when price leaves a TL and returns to succesfully test in over at least an hour the TL 's use grows dramatically......
Aaaah.. the fine art of Trend Line drawing.. I had each of these drawn in order.. The break of first steep one is almost always retested.....
Failed breakout and subsequent Trend line break.
Trading less.. good... Quite a "setup" today.. Hammer daily candle yesterday.. "usually" bad for bulls... Failed breakout of 2211.. After the long...
2 day losing "streak" over..:) First 6 trades REALLY underline my trade management.. or lack of. After yesterday's EOD drive to 2311 and tank...
Hourly and 30min trended up from 11:30 on but I chose to short 80% of the time.. go figure. 19 trades.. -7 points for the day..
Conspiracy theory.. Friday was held up purely to generate last Weeks weekly Hammer Bar.. as you say to attract weak hands.. time will surely tell.
This is bullish behavior... EVERY 5 minute red candle since the 11:30 low has been immediately bought..
THIS is what leads to my troubled days and overtrading. In fact my system is to get a reversal in a longer time frame them come down to the lower...
So for last week... 37.75 points=$755... BUT 126 trades amounting to $567 siphons off the bulk of it. Selectivity has been a foreign word since I...
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