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If my memory serves me right (please correct me if I'm wrong), I do promise a newbie trader "me" a promotion IF I've the nerve to place a real trade. Even it's a promise to myself, I have to deliver it .. haha ..
So, after this post submission and if I do not hear any objection EOD, I will promote myself to "Intermediate" tonight. Thank you!
Beth
The following user says Thank You to wgreenie for this post:
I got lucky and price finally broke down (recent LL @1114.50). I enjoyed a profitable short to boost my confidence though it's not official. Practice Practice Practice = "almost" perfect .. haha ..
Hmm, I need more practice on the Volume chart as I noticed the red COTs and yet not sure how many = great signal!?
1113 was touched and I thought the next one was 1099.00. Just noticed the next one should be 1106.25 which was touched seconds ago. I did a Long around that area when I spotted rejection and it's a profitable trade as well.
For Fade the Extreme Set-up, it's important to buy or sell with initiative buyers/seller. Or wait for acceptance or rejection, then position your trade accordingly!
Doing sim and real trades = 2 completely different worlds. Even I care about the results of my sim-trades, my emotion has not been flipping 360 degree LOL. Well, .. ..
I did another profitable Long when price broke DT. How can I simulate my real-trade emotion when doing sim ones? Or better still - how can I simulate my sim-trade emotion (so much calmer and fearless) when doing real ones?!!!
Price behaves more tamed (currently around 1108.00) and it's a 2-point difference from yesterday's Close @1110.50. Not sure if it will stay that way before the market opens. If it does,
Goal Accomplished: All A or at least B+ trades. C for me as I was too slow to react especially for the second trade when I thought my trade was closed profitably and it's not filled. Then missed getting out earlier and SL was hit. Tomorrow will be a Better day!!
Beth
The following user says Thank You to wgreenie for this post:
Initial Balance: 1105.00 - 1114.50 (9.50 points) Value Area as at 10:50 am: 1112.75 - 1109.75 - 1106.25 (6.5 points)
Price opened @1109.75
Today's High and Low as at 10:50 am: 1114.50 and 1104.50 (10 points)
VPOCs: Top 1117.75 and Bottom 1099.00
Even I care about the results of my sim-trades, my emotion has not been 
)
