ProchargedMopar's Trading Trilogy

[prochargedmopar]

Bad trade.
Entry was LOWER.
Stop was too big and would be much smaller with proper entry.

Even though tp hit, not good.

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[prochargedmopar]

Missed both those posting,
1st big stop, 2nd small stop.

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[prochargedmopar]

Closed before tp hit, moving SLOW.

Little better.

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[prochargedmopar]

Hmmm

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A crap shoot without a lower or higher timeframe. In middle.

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[prochargedmopar]

Wrong way trade

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Gave a little pop but I was watching fomc vid

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Bailed out, no break in structure for 1min longs (friggin slow)

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[prochargedmopar]

And here is the reason I don't use stops. I'm thinking about what Dave is saying, Alias is telling me, blah blah. NO LOWS GIVEN>. I will have a s**t ton of unnecessary LOSSES. With a normal mindset, knowing I can add more later at a better price I would have held. 100%. While knowing I have to be a miser and protect margin capital like it's rare jewels. LOSS.

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[prochargedmopar]

Now, let me show you the WORST possible trade/entry EVER. And how I managed to get out with a profit. Yes, I could have done better by waiting for the 70 tap as 2nd entry BUT, it's better than the previous trade. The thing about the previous trade is I did not wait for it to take the low, when it failed I should have held for profit target.

COMMITMENT makes a difference.

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[prochargedmopar]

Commitment is the difference, Just wasn't quite enough.
B/E was the GOAL and target was hit.
Profit was not in the cards. (We get what we ask for).

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[prochargedmopar]

So in review. first trade was a winner turned into a loser by trader, 2nd trade "idea" was a winner (m10 chart was going to take the near term highs, but yet again faulty execution. Both Entry and management.....Trader turned it into a B/E.

[aliassmith]

Now, let me show you the WORST possible trade/entry EVER. And how I managed to get out with a profit. Yes, I could have done better by waiting for the 70 tap as 2nd entry BUT, it's better than the previous trade. The thing about the previous trade is I did not wait for it to take the low, when it failed I should have held for profit target.

COMMITMENT makes a difference.

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COMMITMENT blah, blah, blah!
FOMO and EGO was the problem.

Don't you actually listen to Dave when you are on his streams? Never take a buy at the top of the range.