ProchargedMopar's Trading Trilogy

[prochargedmopar]

Look at that first drawing above, I called price to daily low,
Then bought and held. hahahhaah. That' F'd up.

[prochargedmopar]

Screen Shot 2023-09-19 at 8.40.23 AM.png (51.59 KiB) Viewed 827 times

[IgazI]

That acct was blown,
Guessing the low would hold when it clearly was a target.
Started another one, this time 2 mini's in use.
Gives about 2 shots at making profit before blown.
First trade, bounce off daily chart low.

I thought we talked about how underfunded you really are if you trade NQ

Assuming your max is 2 contracts, your risk capital is $857.14, with $2000 behind it, and you're risking what per trade?

Taking two shots with profit is a whole different story than writing out a check and taking two shots.

You need to get your MM under control, because not even god can trade her way out of this poor planning

[prochargedmopar]

2 losses and a win.

Screen Shot 2023-09-19 at 9.19.04 AM.png (56.76 KiB) Viewed 812 times

[prochargedmopar]

That acct was blown,
Guessing the low would hold when it clearly was a target.
Started another one, this time 2 mini's in use.
Gives about 2 shots at making profit before blown.
First trade, bounce off daily chart low.

I thought we talked about how underfunded you really are if you trade NQ

Assuming your max is 2 contracts, your risk capital is $857.14, with $2000 behind it, and you're risking what per trade?

Taking two shots with profit is a whole different story than writing out a check and taking two shots.

You need to get your MM under control, because not even god can trade her way out of this poor planning

Dude, my first concern is trading with the CURRENT order flow and structure.
When that happens.......a stop will not be required.
THEN we can start talking about fractional entries, using opm, % or 0 target gains......blah blah.
None of that $hit matters if I'm going for 2-5 points against the current CLOSES!!!

[prochargedmopar]

First I could have taken close to b/e when I saw it fail.
Second I could have closed with much smaller loss.

Facts be facts and the fact is I didn't.
This is what ya get.

Screen Shot 2023-09-19 at 9.47.18 AM.png (55.69 KiB) Viewed 797 times

[prochargedmopar]

Last one taken off the 5 sec.

Screen Shot 2023-09-19 at 9.54.15 AM.png (50.78 KiB) Viewed 797 times

[prochargedmopar]

Another 5sec entry

Screen Shot 2023-09-19 at 10.01.44 AM.png (62.74 KiB) Viewed 784 times

[prochargedmopar]

Ooof,
Everything said to hold that one.

Screen Shot 2023-09-19 at 10.25.16 AM.png (49.3 KiB) Viewed 777 times

[prochargedmopar]

2 losses and a win.

Screen Shot 2023-09-19 at 9.19.04 AM.png

First 2 trades almost blew the acct.
Then:

Screen Shot 2023-09-19 at 11.54.17 AM.png (57.24 KiB) Viewed 757 times