Search found 205 matches
- Tue Dec 12, 2023 8:03 pm
- Forum: beginners forum
- Topic: bakedbeans' learning journal
- Replies: 320
- Views: 185220
- Gender:
Re: bakedbeans' learning journal
Update: Net +0.88%, +2.68% cumulative, objective 10%. I stayed up late to trade the post-news movement after CPI, based on the idea that the market would be slow/awkward the next morning (my 5am is 2pm NY). I'm glad I did because I found it very hard to trade the next morning - heavy and a super slo...
- Mon Dec 11, 2023 9:06 pm
- Forum: beginners forum
- Topic: bakedbeans' learning journal
- Replies: 320
- Views: 185220
- Gender:
Re: bakedbeans' learning journal
Trade update: Net +0.62%, cumulative +1.78%, objective 10%. I had a cautious session; the volatility was low; I wanted to trade more lots but just didn't feel comfortable as price ground higher. I was quite inefficient - burning $107 in commissions, but held the course as price ground lower and got ...
- Mon Dec 11, 2023 2:57 am
- Forum: beginners forum
- Topic: bakedbeans' learning journal
- Replies: 320
- Views: 185220
- Gender:
Re: bakedbeans' learning journal
Hello; Thanks for the kinds words everyone. It has (and continues to be) a long and challenging journey. I've got such a huge amount of work to do, but have now experienced how persistence, caution and carefully chosen risk can consistently work to my advantage... if I accept my losses sooner rather...
- Mon Dec 04, 2023 11:14 pm
- Forum: beginners forum
- Topic: bakedbeans' learning journal
- Replies: 320
- Views: 185220
- Gender:
Re: bakedbeans' learning journal
Eval update: Net +0.71%, cumulative 6%, target 6% - I finally passed the apex eval. Today I was patient and well positioned near the hourly lows, trading a 1x lot upwards and scalping another 1x lot here and there. 2023-12-05-apex-eval-pass.jpg Looking over my stats, my average flat-to-flat winning ...
- Fri Dec 01, 2023 7:37 pm
- Forum: beginners forum
- Topic: bakedbeans' learning journal
- Replies: 320
- Views: 185220
- Gender:
Re: bakedbeans' learning journal
End of week update: Net +0.71%, 5.18% cumulative, 6% target. The ranges were wider today, circa 4pts instead of the usual 2.5pts, which was helpful in terms of positioning after volume built at an extreme and then exiting at first stall. I started to lose confidence in one of my trades as price rota...
- Thu Nov 30, 2023 7:50 pm
- Forum: beginners forum
- Topic: bakedbeans' learning journal
- Replies: 320
- Views: 185220
- Gender:
Re: bakedbeans' learning journal
Update: Net +0.66%, 4.44% cumulative, target 6%. Today was a nice combination of higher timeframe context, working with the order flow for small bites and having sensible stops. Sadly I've been sitting on my hands for the last half hour looking for a retrace in a grind up; so rather than chase or bu...
- Tue Nov 28, 2023 9:55 pm
- Forum: beginners forum
- Topic: bakedbeans' learning journal
- Replies: 320
- Views: 185220
- Gender:
Re: bakedbeans' learning journal
Update:
Net +0.66%, cumulative is 3.14%.. I have pi!
Net +0.66%, cumulative is 3.14%.. I have pi!
- Tue Nov 28, 2023 1:54 am
- Forum: beginners forum
- Topic: bakedbeans' learning journal
- Replies: 320
- Views: 185220
- Gender:
Re: bakedbeans' learning journal
Update:
Now +2.46%.. small up today (0.23%) and circa 0.63% at the end of last week).
Still swinging small and keeping the stops nearby; small bites and more of them.
Now +2.46%.. small up today (0.23%) and circa 0.63% at the end of last week).
Still swinging small and keeping the stops nearby; small bites and more of them.
- Wed Nov 22, 2023 10:11 am
- Forum: beginners forum
- Topic: bakedbeans' learning journal
- Replies: 320
- Views: 185220
- Gender:
Re: bakedbeans' learning journal
I’ve been working on a few “less is more” things recently: - observing price action more closely, more cautiously - scalping for very conservative targets that fit within the price action I’m observing.. could be 3 to 8 ticks depending on what’s happening - making myself only trade with the price ac...
- Wed Nov 15, 2023 9:49 am
- Forum: beginners forum
- Topic: bakedbeans' learning journal
- Replies: 320
- Views: 185220
- Gender:
Re: bakedbeans' learning journal
It takes a bit of work, but it is helpful to turn a P&F chart into a histogram, where the average rotation length is 3-6 boxes: The rotations that break 6 are "trending moves" when there are two breaks of the same color, without two breaks of the opposite color, and "interrupting...