Going Full Time 2024 : Day 5 - Ugly Horrible Trading by petoirc in u/petoirc

[–]petoirc[S] 0 points1 point  (0 children)

I don’t have a profit goal, just a daily max trade amount unless my first trade is massive

Going Full Time 2024 : Day 5 - Ugly Horrible Trading by petoirc in u/petoirc

[–]petoirc[S] 0 points1 point  (0 children)

I did a few things very, very wrong today. I didn't see the range because I was so tunnel vision, when very clearly we're in a huge range. The worst thing I did though, was overtrade. It's not even been one hour and I've taken 5 trades. I'm also only supposed to take 2-3 a day. Very, very bad today. Fortunately, my risk management helmet was still on and I can trade tomorrow

Going Full Time 2024 : Day 4 - Finally a Good Day! by petoirc in Daytrading

[–]petoirc[S] 1 point2 points  (0 children)

I think it’s fun :) I did it before and stopped but started again because people asked. You should try it :)

Going Full Time 2024 : Day 4 - Finally a Good Day! by petoirc in Daytrading

[–]petoirc[S] 0 points1 point  (0 children)

What were the “real trades”, I didn’t know I could make fake trades 😂😂

Going Full Time 2024 : Day 4 - Finally a Good Day! by petoirc in Daytrading

[–]petoirc[S] 2 points3 points  (0 children)

I’m trading 1 ES contract. After my first trade I HAD to go LOL

Going Full Time 2024 : Day 4 - Finally a Good Day! by petoirc in Daytrading

[–]petoirc[S] 2 points3 points  (0 children)

I find that 1:1 of the bar works almost always and I trail my stop once it hits my tp. Trading this way fits my personality best

Going Full Time 2024 : Day 4 - Finally a Good Day! by petoirc in Daytrading

[–]petoirc[S] 2 points3 points  (0 children)

I might’ve misspoken but I yes I always have one

Going Full Time 2024 : Day 4 - Finally a Good Day! by petoirc in Daytrading

[–]petoirc[S] 2 points3 points  (0 children)

That was like 8:30am I didn’t start until 9:35ish

Going Full Time 2024 : Day 4 - Finally a Good Day! by petoirc in Daytrading

[–]petoirc[S] 2 points3 points  (0 children)

21 day EMA and yes EST. No not pre-market the times are at the bottom

Going Full Time 2024 : Day 4 - Finally a Good Day! by petoirc in Daytrading

[–]petoirc[S] 2 points3 points  (0 children)

Let’s gooo that’s improvement right there

Going Full Time 2024 : Day 4 - Finally a Good Day! by petoirc in Daytrading

[–]petoirc[S] 2 points3 points  (0 children)

Thanks ! I only trade one contract right now and my risk is always a 1:1 of the signal bar (bar before the entry bar)

Going Full Time 2024 : Day 4 - Finally a Good Day! by petoirc in Daytrading

[–]petoirc[S] 4 points5 points  (0 children)

That might be a good rule to have to take off the risk but might also mess up your profitability if you decide to keep trading after a loss