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Fridays are capital preservation days. Only took one trade and it just barely squeezed out 81 ticks. Conservative play again. Waited for price to come back down to the 200 ema and give the signal. Another quick trade. Seems to go that way when it's a good trade.
Can you help answer these questions from other members on NexusFi?
It's a pity the chart doesn't show the trade entry and exits.
Is that -38,000 the P/L for the day? You would really have to go for it with a clip size of two contracts to lose that much.
You do not win as a trader, you just get to play again the next day. If that game doesn’t appeal to you then you should not trade. Gary Norden
Ouch. Maybe he’s got some weird subconscious issue with trading. I read in the Market Wizards book about a guy who would hide his own Broker Statements from
himself and then blame his wife for hiding them!
I've watched his streams a few times before, I am not sure he can define his entry or exit reasons. It makes no sense to watch.
Yeah, that's -38,000 USD for today. He said at the end of the stream that it was about half of his account. He was up early and should have just quit then but he kept going. He was trading 2-6 contracts most of the time and then when I tuned in later he had around 15-20 contracts long when the market was clearly headed down. From then on it was just revenge trading.
He has already deleted the stream. He did that last time when he lost about 15k.
Missing a cable that I need to connect microphone to my computer. The microphone that I have isn't usb so I have to connect it to a mixer then send it to the PC. Missing the cable between the microphone and the mixer. Should be here Tuesday evening. So, no sound until Wednesday.
I will still record today just without audio. I will make notations on the screen.