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1 step forward, 2 steps back day for me.
9 trades... -$400 Net
Another order execution error on 1st trade on GC.
On chart a clear winner, but placed my stop, which became a limit order, for -3tix...
These things happen and I just wanted to explain the mishap!!!
Hey Mike,
Thanks for posting. I am a member of RLT family as well. Just joined the live room.
Do you only follow Mark's trades or do you take your own set-ups as well?
5 for 9....
Had 1 loser too late on entry that would have won.
2 other losers were bad anticipation of 15MA turning color from Yellow.
Yes on entry it had turned, but didn't stay that way.
Need to feel this anticipated 15MA turning more.
All in all, work in progress but feel over time things will GREATLY improve for me
One losing tade was bad anticipation of 15MA turning Green!!!
In that case should have limited my loss < 10tix!!!
The second losing trade was on GC and was a B to 50MA in uptrend.
Yes, I see a bunch of these work but still rubs me the wrong way.
I like matching 15/50MA confluence and 2/3linebreak outline candles
too in direction of trade. Will most likely scratch PB's from my trading plan.
Doesn't mean they're bad/weak trades, just doesn't fit my trading personality!!!
Otherwise happy with day.
Need to filter out more BAD TRADES and/or getting sucked into weak setups...
There's a price for everything. $3k - $5k are for most package systems.
Works for me being FULLY committed to it.
Too many times I stray to something else.
Just trying to post trade setups with methodology and always learning how to improve things.