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My Journey with CL, NQ and YM


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My Journey with CL, NQ and YM

  #81 (permalink)
DjRonin
La Serena - Chile
 
Posts: 144 since Feb 2017
Thanks Given: 51
Thanks Received: 92


BoltTrader View Post
Being honest, my mindset is still not where it should be, so I am going to spend some time with the Lord, relax and not think about trading until the morning. I will also catch up on reading everyone's journals then, when my mindset has been totally rebooted so to speak. I hope everyone else had a "Great trading day!"

If you learn anything from reading this brief post at all, it should be that the most important ingredients to being successful in trading are your mental outlook or mindset as well as your discipline to follow your plan and not your emotions. Really, reading the charts is the simple part of trading in my humble opinion!

Man i know what you feel!! It happened to me too with a small 1000 € account when i was trading forex (EUR/USD mostly). I was looking for shorting a bear flag setup and let a sell stop limit up. Then a friend came visit me and we had some beers. I woke up and realized that the STL I placed the night before had no protective stop. BOOOM! account down from €1500ish to 147€ due to extreme high leverage.

Pissed me off for days.

Peace...everything bad its a usefull lesson to learn.

Never let things to take you down my friend.

ALEX

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  #82 (permalink)
 BoltTrader 
Phoenix + AZ/USA
Legendary Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader
Trading: MES, MNQ, M2K, MYM and MGC
Posts: 532 since Jul 2014
Thanks Given: 2,481
Thanks Received: 831


Quoting 
Peace...everything bad its a usefull lesson to learn.
Never let things to take you down my friend.

ALEX

So true and thank you!

Don't be controlled by GREED, Led by FEAR, or Puffed up with PRIDE!
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  #83 (permalink)
 BoltTrader 
Phoenix + AZ/USA
Legendary Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader
Trading: MES, MNQ, M2K, MYM and MGC
Posts: 532 since Jul 2014
Thanks Given: 2,481
Thanks Received: 831


I needed a good start after all that and I am glad I got it. I took this 2LF on 6E with 3 contracts for $187.50 in my TopStep Trader account. Two more positive trades and I will call it a day.



Don't be controlled by GREED, Led by FEAR, or Puffed up with PRIDE!
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  #84 (permalink)
 BoltTrader 
Phoenix + AZ/USA
Legendary Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader
Trading: MES, MNQ, M2K, MYM and MGC
Posts: 532 since Jul 2014
Thanks Given: 2,481
Thanks Received: 831

A little scary. I have lost internet connectivity 3x and the last 10 minutes. I passed on a trade because of it and am a little gun shy right now.

Don't be controlled by GREED, Led by FEAR, or Puffed up with PRIDE!
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  #85 (permalink)
 BoltTrader 
Phoenix + AZ/USA
Legendary Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader
Trading: MES, MNQ, M2K, MYM and MGC
Posts: 532 since Jul 2014
Thanks Given: 2,481
Thanks Received: 831

I just lost internet connectivity for a 4th time and it lasted way too long. I will try again in the morning and hopefully whatever the problem is it is resolved by then.

Don't be controlled by GREED, Led by FEAR, or Puffed up with PRIDE!
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  #86 (permalink)
DjRonin
La Serena - Chile
 
Posts: 144 since Feb 2017
Thanks Given: 51
Thanks Received: 92

For me as a price action trader, using range results on a hard to read chart. I dont see entry points, i can't make any idea of where the price will go. How do you base your strategy on 8 range charts?

Have a great trading day my friend.

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  #87 (permalink)
 BoltTrader 
Phoenix + AZ/USA
Legendary Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader
Trading: MES, MNQ, M2K, MYM and MGC
Posts: 532 since Jul 2014
Thanks Given: 2,481
Thanks Received: 831

I had the perfect trade on 6J but I forgot to switch out of sim with all those problems of lost connectivity last night I rebooted my computer and forgot to switch to TST account - lol



Don't be controlled by GREED, Led by FEAR, or Puffed up with PRIDE!
Started this thread Reply With Quote
  #88 (permalink)
 BoltTrader 
Phoenix + AZ/USA
Legendary Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader
Trading: MES, MNQ, M2K, MYM and MGC
Posts: 532 since Jul 2014
Thanks Given: 2,481
Thanks Received: 831


DjRonin View Post
For me as a price action trader, using range results on a hard to read chart. I dont see entry points, i can't make any idea of where the price will go. How do you base your strategy on 8 range charts?

Have a great trading day my friend.

I love range bars for price action and use to use them all the time with nothing else. I will share later but am trading now and already made 1 blunder - lol

Don't be controlled by GREED, Led by FEAR, or Puffed up with PRIDE!
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  #89 (permalink)
 BoltTrader 
Phoenix + AZ/USA
Legendary Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader
Trading: MES, MNQ, M2K, MYM and MGC
Posts: 532 since Jul 2014
Thanks Given: 2,481
Thanks Received: 831

One was in my live account on the ES which was a loss and the other was in TST on 6E which was a positive trade.

Crude (CL)



S&P 500 Emini (ES)



Don't be controlled by GREED, Led by FEAR, or Puffed up with PRIDE!
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  #90 (permalink)
 BoltTrader 
Phoenix + AZ/USA
Legendary Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader
Trading: MES, MNQ, M2K, MYM and MGC
Posts: 532 since Jul 2014
Thanks Given: 2,481
Thanks Received: 831


This is what can happen when you take an aggressive entry instead of waiting for the signal.



Don't be controlled by GREED, Led by FEAR, or Puffed up with PRIDE!
Started this thread Reply With Quote




Last Updated on March 7, 2017


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