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Ok first day trading system and doing it live was a bit stressful esp using very small time frame, it is very simple but complex method, hopefully tom will be better. Ive got to learn system and rules for runners bc I got took out not understanding rules. All in All not bad day...bad trade accidentally flipped at end of day(cost me -1.25pts guess finger was tired laying on mouse,lol) my mistake. Still finished 3 pts ugh this is after commission's of to many trades
Thx CreekBoy for your help
I will post a template once I have something concrete
Hi! This is F16. Today I went short @ 72.50 with a 6 tick stop. I exited after 22 ticks! Creeker lets me chart now and I call out what I see. Around 10:05 I wanted to get out at 70 but creeker said to stay in bc it was below that black pivot line. I didn't know what that was until after it was over. I didn't take the long bc I was walking my puppy!
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
F16 These are the trades that happened when I was walking puppy.
#1..I would have wanted to get in around 67.25 and my stop would have been 65.75 (6ticks). My rule is 7 tick max which I go by off the last low candle.
#2..I would have exited when the Moving average broke the trend line. I could of had 1.34 points
This was also a short at 69 but if I folllowed the rules I would have gotten out at 2 ticks above my enter point. Sometimes though I get scarred and would have maybe gotten out 67 or 68 depending how I felt. This is my biggest problem, I don't stay in long enough sometimes and I don't use my 7 tick loss rule.
#3 This was a long but I couldn't take it bc it was passed my 7 tick loss. The candles were too high off the moving average for me to get in in time. I couldn't get in passed 68.50.
#4 This was a short but creeker said hi risk bc it was set above this pivot thing....and he was right since it did go up. :bye:
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005