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Notes
¬ EIA Petroleum Status Report 10:30 AM ET
¬ ZB Bullish . NQ Bearish . GC Bullish Topping . CL Strong Bullish
Trades
1. 9:38 CL 2 Short 9:55 +$62
2. 9:44 NQ Short -$21
3. 9:57 Acum +$41
4. 10:13 NQ 2 Short Acum $99
5. 10:18 NQ Long 4 According to Indicators Acum - 400
6. 10: 20 GC Long 3 Acum 200
7. 10:50 NQ Short 4 Acum 115
8. 11:05 NQ Short 5 Acum + 253
9. 11:23 NQ Short 4 + GC Scratch Acum =$320
10. 11:51 NQ Short 2 Acum +4
Summary
What Did I do Right?
¬ Patience and Discipline
¬ Didnt Trade Against Major Trends
¬ Didnt move Stops
What Did I do Wrong?
¬ Still Not Allowing for the Move to Finish Take Profits too Quickly
How Can I Improve?
¬ Wait for the Move to Finish My Indicators are working Fine Dont Move the Targets
¬ Have a more clear plan on Sizing the Trade
Homework
o Improve Mkt Structure Workspace It should be more Visual
o Review / Adjust ATRs on System
Notes
➢ Jobless Claims 8:30 AM ET
➢ PPI-FD 8:30 AM ET
➢ Consumer Sentiment 10:00 AM ET
➢ Mkt Structure: CL Bullish/Mixed . ZB Bullish/Consolidating . NQ Bearish . GC Bullish
➢ @ 9:37 Internet Issues
➢ Trading TOO Aggressive Revenge Trading Very Bad
Trades
5. 9:45 CL Short 2 -77
6. 9:47 ZB Short 1 +90
7. 9:51 GC Short 3 +138
8. 10:05 CL Long 2 Too Close to Support .. Entry on Indicators SL on Volume Node +73
9. 10:09 Acum +224
10. 10:19 GC Short 2 SL
11. 10:21 NQ Long 2 -17
12. 10:22 ZB Short 2 SL
13. 10:40 -$360
14. 10:47 CL 3 Long Clear Entry Short Targets
15. 11:20 -$980
16. 2:09 -$411.01
17. I ran like a Lion instead of Hunting like a Cougar Wait for the Perfect Prey
18.
Summary
What Did I do Right?
➢ Kept Calm ... Confident on my Indicators
Notes
➢ News:
o Empire State Mfg Survey 8:30 AM ET
o Housing Market Index 10:00 AM ET
➢ Will Trade according to Mark Douglas Recommendation With a Probabilistic Mindset
➢ My System is not Totally ready but will try it
Trades
1. Took about 20 Trades According to System Not Guessing
2. Some Challenges with ATMs After Trades going my way the SL adjusts too close to Price and Creates Problems
3. Stopped Trading at Noon then a Few Trades with the Same Methodology at the Close
4. Green on $388
Summary
What Did I do Right?
➢ Really Tried to Get in and Out According to the Indicators and ATMs
➢ Minimal Guessing Took all the Entries I could.
➢ Kept Calm
What Did I do Wrong?
➢ Traded from Home using Teamviewer Not the way to do it !!! Just because originally I was to use SIM
➢ Not very Clear on the Way I was going to Trade and Didnt define the Max Loss for the Day Need to Create some Table to Determine the best way to do it
➢ The Process is not Yet well defined, therefore the more prudent way is to use SIM first
➢ I have not review ATMs and therefore I am still Uncomfortable during the Trades
How Can I Improve?
➢ Practice Entries according to the System
➢ I really like this Methodology of Trading from a Probabilistic Mindset feels Right to me
Homework
o Practice the Methodology with Market Replay
o ATMs Adjustment
o Decide how many Instruments to Trade at the Same Time Perhaps only GC and NQ
Notes
Jobless Claims 8:30 AM ET
Philadelphia Fed Business Outlook Survey 8:30 AM ET
NQ Bullish . CL Bearish Bouncing . GC Bearish Swings . ZB Bullish Long Breaking / Bearish
9:33 Technical Issues
Go for Perfect Execution !!! Trade the Signal
Trades
Combine Initial Balance $2,580
1. 9:42 ZB 2 Long W
2. 9:51 GC 3 L too fast big issues in the Trade Big Hit
3. Many Quick Moves Not Exactly In Tune
4. Too Good Trades Keeping Calm ..
5. 10:15 Acum -$230
6. 11:13 Acum +$270
7. 11:52 Acum + $467
Summary
What Did I do Right?
Traded the Plan
Stopped at the Hour
Entries According to System
What Did I do Wrong?
Cutting Profits Too Short
Dont let Runners Run
How Can I Improve?
Practice leaving the Runner according to ATM
Checklist
Morning Ritual
Financial News
Economic Calendar
Workspaces (Setup + Month)
Technical Analysis (Market Structure + Major Trend + S&R + Overnight)
Read Rules
Oath
Breath & Keep Calm !!!
Notes
Initial Balance $1,827
Housing Starts 8:30 AM ET
Industrial Production 9:15 AM ET
Trading According to System Only Problem Still Letting them Run
Feeling Good But Still need to Improve Execution Dont Guess
Hard to Catch all Signals on Four Instruments
Will Need to Decide which ones to Trade .
Also Need to Have a more Clear Exit
Trades
14. 10:04 +$284
15. 10:12 +$578
16. 10:21 +$782
17. 10:27 +$574
18. 10:47 Even
19. 11:35 +$280
20. 12:00 + $364
21. Final +$532
Summary
What Did I do Right?
Committed to Trading According to Probabilities
Good with the Discipline
What Did I do Wrong?
Need a System to Get in on the Trades Use Raven ?
Out of Sync
How Can I Improve?
More Mechanical System
Homework
o Test Raven According to System
o Install NT8 + BPT Indicators
Checklist
Morning Ritual
Financial News
Economic Calendar
Workspaces (Setup + Month)
Technical Analysis (Market Structure + Major Trend + S&R + Overnight)
Read Rules
Oath
Breath & Keep Calm !!!
Notes
Initial Balance $2,360
EIA Petroleum Status Report 10:30 AM ET
Concentrate on Setups Keep Calm
On CL Report Day best to Trade after 11am Only Loser
I was Trading May Instead of June Need to pay more attention
Trades
8. 9:44 -$144
9. 11:30 +$165
10. 12:00 +$73 NT Crash
11. Traded the Close
12. Final Result +$220
13. Getting Better at the Probabilistic Mind
Summary
What Did I do Right?
Waited for the Entry
Keeping a Probabilistic Mind
My Complete Daily Rituals
No Revenge Trading
What Did I do Wrong?
Got the Wrong Month for CL Rookie
Anticipated many Trades Getting Before Complete Signal
Different Trade Size according to my feeling of the Trade that is not Probabilitic
How Can I Improve?
Practice Entries and Stay According to System
Notes
Jobless Claims 8:30 AM ET
Philadelphia Fed Business Outlook Survey 8:30 AM ET
NQ Bullish . CL Bearish Bouncing . GC Bearish Swings . ZB Bullish Long Breaking / Bearish
9:33 Technical Issues
Go for Perfect Execution !!! Trade the Signal
Trades
Combine Initial Balance $2,580
1. 9:42 ZB 2 Long W
2. 9:51 GC 3 L too fast big issues in the Trade Big Hit
3. Many Quick Moves Not Exactly In Tune
4. Too Good Trades Keeping Calm ..
5. 10:15 Acum -$230
6. 11:13 Acum +$270
7. 11:52 Acum + $467
Summary
What Did I do Right?
Traded the Plan
Stopped at the Hour
Entries According to System
What Did I do Wrong?
Cutting Profits Too Short
Dont let Runners Run
How Can I Improve?
Practice leaving the Runner according to ATM
Homework
o Review ATMs
The Following are the Results Total and Per Instrument, and below the Charts that tell the Story ...
In the Following pages I will share with you my method of trading, this method is based on a few years of hard and serious work, a method based on a precise system using what I consider to be the best indicators for my Platform Ninjatrader.
I have been working on getting funded for 18 months, and after many account resets I am ready to complete my Journey to get funded with Topstep Trader.
As a matter of fact, I want to use my system with the selected indicators and Ninjatrader to give the opportunity to a different life to many individuals in Mexico.
So I invite you to be a part of this Journey ....
Dralion, La Paz Baja Sur Mexico
Summary
What Did I do Right?
➢ Discipline
➢ Traded the System
What Did I do Wrong?
➢ Econoday from Sunday was not Right
➢ Two Entries before Signal
How Can I Improve?
➢ Practice con Mkt Replay
Homework
o Study a way to shorten time of Mkt Structure Takes too long Simplify Charts and
o Think about All In All Out
The following are the charts of Today's Trading:
My Result was very much acceptable, but as you can see my Exits where much earlier than my System's Signal