saw a big guy sucking in all the shorts and push the stock up a lot and dumping on the way. I am curious about how that works. If you suck in all the shorts, some other big guy may want to push you down until you stop. How could some be so brave to hold the price of some stock.
This doesn't appear to be a journal, just a daily results log. Here's an example from the journal I kept here a few years ago. By the time I had over 300 pages of this sort of journal-keeping, I can confirm that I definitely knew how to engage in consistently profitable trading + $162 I'm getting too comfortable sim trading ES & CL and I need to get live now. I've proven to myself day after day in sim that I can make money trading futures! Short ANF @ 40.02 on the open and scratched the trade for +$11 when it didnât break down. Offered 40.34 ANF based on where I thought price would go if following the usual stochastic ride, and missed by .09 cents. There was a reasonable drop off that high, but I didnât chase; decided to wait. Short ANF @ 40.15 pullback from lower high. Double down @ 40.10 when a shooting star was left behind on my entry bar. Covered @ 39.96 after it left support at a higher low: +$128. OK, I know, I know, I scaled in after stating that I prefer all in. My initial position was intended to be my full size, but when a shooting star prints off a lower high on a 3-min chart, especially early or late in the day, itâs like an ATM machine with cash in the bin saying, âHey, pssst, here you go.â So I figured 800 shares would produce a decent trade even if the lower end of the range constrained a breakdown. Offered 40.27 ANF figuring the higher low would result in a slightly higher high, but it only reached 40.19 before reversing and then left another higher low at the now-rising EMA, so I waited. Out of the office for a while and missed a nice internal double top lower high (@ 40.00) short entry which broke down hard to new lows on the day. Shouldâve just bracketed a position before I left. I always feel jinxed when this happens⦠Watched AMZN for a while and liked the way it moved. Short 100 shares AMZN @ 141.77, overbought pullback from a lower high, covered @ 141.52 for +$23. This was later day doldrums, so that trade actually captured a very solid move believe it or not (pivot low of the move was .47). Sim traded POT using a variety of strategies because I like the size of its moves. It has real momentum when it gets going. My trades went very well, but I cut my profits significantly short EVERY time.
Thanks for the example NoDoji. It is pretty good. Detailed and informative. I will try to add some good movement I saw during the trading day in the journal. Thanks again for the advice.
Traded about 30 minutes. I didn't trade the whole day because I wanted to lock in some profits for future losses. Saw some pretty moves today.
didn't know how to attached two pictures in the same reply. This is a pic for a good action I saw today.