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MrMojoRisin's Journal

  #81 (permalink)
 
MrMojoRisin's Avatar
 MrMojoRisin 
Graz/Austria
 
Experience: Beginner
Platform: Sierra Chart
Trading: YC, YW, YK
Posts: 385 since Apr 2021
Thanks Given: 91
Thanks Received: 244

Tuesday June 29th

Tried to do some stats, but zero concentration. Then cruised around in my car and went for a run in the woods.

It is by far the toughest thing ever that I'm realizing step by step. I lived my entire life in a bubble produced by my dysfunctional family.
I am so unbelievably greatful that I see this now. I feel like I get a second chance for my life and can walk away from all those lies, this hate and jealousy.
I deserve a good life and I won't no longer accept what they are doing!
Seems I not just need a trading-plan, but also an escape-plan!

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  #82 (permalink)
 
MrMojoRisin's Avatar
 MrMojoRisin 
Graz/Austria
 
Experience: Beginner
Platform: Sierra Chart
Trading: YC, YW, YK
Posts: 385 since Apr 2021
Thanks Given: 91
Thanks Received: 244

Wednesday June 30th

Entered 2 Prom-Queens to stay in touch with the market.

They broke the boy in me, but they won't break the man! St. Elmo's fire starts to fuckin' burn again baby!


Entry Trade #14


60 min



10 min



Entry Trade #15


60 min




10 min

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  #83 (permalink)
 
MrMojoRisin's Avatar
 MrMojoRisin 
Graz/Austria
 
Experience: Beginner
Platform: Sierra Chart
Trading: YC, YW, YK
Posts: 385 since Apr 2021
Thanks Given: 91
Thanks Received: 244


Thursday July 1st

MES

Back to the roots. I gotta keep going!
I specifically took this trade, because we had 3 different sized highs to break. I'll try to get more specific and NOT try to catch every move!
Will leave this one in overnight. Stop already in safe-zone.

Entry Trade #113

1000Tr



Prom-Queens

Exit Trade #14

10 min


Loss: -1R

Entry Trade #16

60 min


10 min



Entry Trade #17

60 min


10 min

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  #84 (permalink)
 
MrMojoRisin's Avatar
 MrMojoRisin 
Graz/Austria
 
Experience: Beginner
Platform: Sierra Chart
Trading: YC, YW, YK
Posts: 385 since Apr 2021
Thanks Given: 91
Thanks Received: 244

Friday July 2nd

MES

Overnight-hold turned out good. Not being there for moving the stop worked in my favor here.


1000Tr



100Tr


100Tr


Moved Stop 6 times
Win: +19.00P / +76 Ticks


Prom-Queens

Entry Trade #18


60min


10min

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  #85 (permalink)
mnqfisherman
Redlands, CA
 
Posts: 12 since Jul 2021
Thanks Given: 1
Thanks Received: 1

Hi Mojo,

Based on your trades, I think if you were to focus more on entering a long trade at a higher low then a higher high, you'd have better success with your long positions.

The market goes back and forth testing numbers, but more importantly previous numbers, if you were to enter on higher low you'd be along for the ride to test the pervious high and possibly be along for the higher high. Where as if your just in the trade when it attempts to make a higher high that feels less likely than just a retest.

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  #86 (permalink)
 
MrMojoRisin's Avatar
 MrMojoRisin 
Graz/Austria
 
Experience: Beginner
Platform: Sierra Chart
Trading: YC, YW, YK
Posts: 385 since Apr 2021
Thanks Given: 91
Thanks Received: 244


mnqfisherman View Post
Hi Mojo,

Based on your trades, I think if you were to focus more on entering a long trade at a higher low then a higher high, you'd have better success with your long positions.

The market goes back and forth testing numbers, but more importantly previous numbers, if you were to enter on higher low you'd be along for the ride to test the pervious high and possibly be along for the higher high. Where as if your just in the trade when it attempts to make a higher high that feels less likely than just a retest.

I understand what you mean, but I just don't feel ready to do that yet.
I also thought about when my positions get larger and it works commissionwise, to split up my position and enter into pieces into the pullback with limitorders and depending on where it reverses, get the rest in via stop-orders.
But I gotta develop a better feel for my current approach before I start to try to optimize it.

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  #87 (permalink)
 
MrMojoRisin's Avatar
 MrMojoRisin 
Graz/Austria
 
Experience: Beginner
Platform: Sierra Chart
Trading: YC, YW, YK
Posts: 385 since Apr 2021
Thanks Given: 91
Thanks Received: 244

Weekend Thoughts

Emotional rollercoaster at the moment!
I think I tended to see my family as either saints or complete devils, but the truth is probably to be found somewhere in the middle.
A huge and important thing for me is, to develop way stronger boundaries against those type of people that try to drain me emotionally. No pardon anymore. I do my thing and whoever tries to bring disorder into my life, I push away! Not in an "You're the devil"-way, but strong enough that they understand that they have to keep distance!

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  #88 (permalink)
 
MrMojoRisin's Avatar
 MrMojoRisin 
Graz/Austria
 
Experience: Beginner
Platform: Sierra Chart
Trading: YC, YW, YK
Posts: 385 since Apr 2021
Thanks Given: 91
Thanks Received: 244

Tuesday July 6th

MES

No trade today, but doesn't look too bad for a trade tomorrow.


Prom-Queens

Exit Trade #15


10min


Loss: -1.0R

Entry & Exit Trade #19


60min



10min


Loss: -1.0R

Exit Trade #18


10min


Loss: -1.0R


Entry Trade #20

60min


10min

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  #89 (permalink)
 
MrMojoRisin's Avatar
 MrMojoRisin 
Graz/Austria
 
Experience: Beginner
Platform: Sierra Chart
Trading: YC, YW, YK
Posts: 385 since Apr 2021
Thanks Given: 91
Thanks Received: 244

Wednesday July 7th

MES

Trade #114

Had two P2's to break at the same time. That's why I took the trade, but the larger P2, likely not that significant.


1000Tr



100Tr


Loss: -3.00P / -12 Ticks


Prom-Queens

Entry Trade #21


60min



10min



Exit Trade #17


10min


Loss: -1.0R


Exit Trade #16


10min


Loss: -1.0R

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  #90 (permalink)
 
MrMojoRisin's Avatar
 MrMojoRisin 
Graz/Austria
 
Experience: Beginner
Platform: Sierra Chart
Trading: YC, YW, YK
Posts: 385 since Apr 2021
Thanks Given: 91
Thanks Received: 244


Thursday July 8th

MES but actually a MYM-Trade

Trade #115

This was a Prom-Queen/coming from below situation, but I'm unsure if I should look for that setup in more markets, or if I should just sit and wait for it occuring in the MES. And if that means doing only one trade a week, than that's what it means.....


500Tr


50Tr


Loss: -40 Ticks (16MES-Ticks)


Prom-Queens

Entry Trade #22


60min


10min


Entry Trade #23 (Re-Entry from #14)


60min


10min


Those 2 charts look very similar and they are both "Resources" companies. So hopefully no unwanted correlation between them.

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