Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Learned a few things during this early morning trading session.
1. Relax, don't be overly aggressive with moving the stop.
2. Trust the new way of trading. Missed a long trade that would have been profitable but I wasn't 100% convinced that where I had the entry picked was the right place. It was.
3. Should have been using the 100 tick chart for entries since the market was slower than it is on days. I was using the 200 tick.
There is decent opportunities during the early morning hours. Just have to remember things move much slower early in the morning.
Going to cancel the pending order and wait for some better movement for the next trade.
Well that was over quick. LOL! It dropped down took the short and quickly came back up. I have the entries set up to move to break even +5 ticks after it moves 40 ticks in my favor. It moved it and then price came up quickly and took it out.
Here is the pic I was about to upload when everything happened.
Saved some profit because I had the stop move automatically. +160 now.
curious why do you trade the NQ over ES or YM.... I normally trade the ES but today it looks like the NQ trends a little better do you find this is usually true ?