Aliassmith Beats a "Dead Horse"

[IgazI]

Tonight I was trading US30 during the NY afternoon as a practice.
Position sizes were only 25% (or I would have dug myself out of my hole)

I can trade!

It's so frustrating that during a learning proces you switch between very good moments and very bad moments.
What keeps me going is that I can see the frequency of my good moments go up.

I took more points as the width of the range
220915 - US30M5.png

This line of thinking is only going to hold you back.

That money is gone, you're never going to see it again, so quit thinking about it!

What remains? what do you have? let that be your focus.

[aliassmith]

Tonight I was trading US30 during the NY afternoon as a practice.
Position sizes were only 25% (or I would have dug myself out of my hole)

I can trade!

It's so frustrating that during a learning proces you switch between very good moments and very bad moments.
What keeps me going is that I can see the frequency of my good moments go up.

I took more points as the width of the range
220915 - US30M5.png

This line of thinking is only going to hold you back.

That money is gone, you're never going to see it again, so quit thinking about it!

What remains? what do you have? let that be your focus.

I agree. Focus on what you have now not what you had before or what you think you'll get in the future.

Execution, Execution, execution

[aliassmith]

About 1% scalping US30
12/15 was a little rough my rhythm was off a bit. Had a loss of 8 points on 1 trade. Also had a few sub 2 points + or -.
Its once again the end of the week. I had to look at the calendar to make sure.

Thats alright I have some projects to work on.

I think I shared my last 3 days of scalping US30 on a prop account.
The average is 1.67% a day for those days. That's a million a year on a $250k account. You might make .84% a day and have a $500k account and do the same thing.

[vamp]

Finished the last 3 days with profit. In the positive on my evaluation account. Execute execute execute. I agree with all of your input you guys are sharing. I was dwelling on trades and looking at what was, while trying to be right. Which was just early entry after early entry against strong trends.

[aliassmith]

Finished the last 3 days with profit. In the positive on my evaluation account. Execute execute execute. I agree with all of your input you guys are sharing. I was dwelling on trades and looking at what was, while trying to be right. Which was just early entry after early entry against strong trends.

Good Job!
Execution, execution, execution...... reflect(study your trades).

Good that you see your entries are off. Now the journey to correct it. I enter with multiple entries to help with my entry timing.

[aliassmith]

FTMO put this out. I Agree with most of it.

https://ftmo.com/en/forex-myths-that-yo ... t-believe/

[Don_xyZ]

FTMO put this out. I Agree with most of it.

https://ftmo.com/en/forex-myths-that-yo ... t-believe/

Yes, most of it. Truth has different layers to it. There are things that are ridiculous at first but make sense after some time and then there are things that are straight out idiotic

[aliassmith]

Did a little serious GBPUSD M5 scalping
US30 can be fun but GBPUSD runs so much smoother.
5/5 trades, 5.7% gain. I'll take that every day but my mattress is only so big to stuff the cash under.

Probably should by more guns with the cash since you get put on a "gun registry" if you use your debt card or credit card.

Edit: 6/6. 6.5%

[IgazI]

Did a little serious GBPUSD M5 scalping
US30 can be fun but GBPUSD runs so much smoother.
5/5 trades, 5.7% gain. I'll take that every day but my mattress is only so big to stuff the cash under.

Probably should by more guns with the cash since you get put on a "gun registry" if you use your debt card or credit card.

Edit: 6/6. 6.5%

Take that cash and periodically buy 1/20 of a BTC worth of Algorand

I'm trying to keep my maximum risk at 1 BTC for crypto.

[Yirbu]

I really don't like how EU is moving these days.
It gets into these small ranges, I tend to see them too late so I always loose a trade or 2.