Pat494
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Loser today - run over, will post up later. Nothing too severe.
Hard luck
Loser today - run over, will post up later. Nothing too severe.
Hard luck
So for your last 34 trades you are 32 wins 2 losses, correct? Considering your average win, I don't think 16 ticks loss sounds bad at all. Looks like good trading to me.
What would you consider your average win/loss rate should be?
Peter
Rob's not playing today. Hopefully he will get over his recent upset. We all trip up but not everyone gets up again.
Yep give it a rest and post mortem analysis imho and then back in fitter than before.
I did the post mortem this morning. The outcome is to start to trade with the prevailing direction once I get run over. A breakout out of ON range is a good enough reason to enter. Still not figured out when to get out though.
How about before you get run over ?
If the over night high was say 1330 and it opened at 1334 would you be in long for continuation ? Or short for the reverse ?
I'll dig out a Market Profile view to explain this a bit better. Today is a good example to the downside of exactly what you are talking about Pat.
LMAO - Just got back @ 11:30am EST from dinner - it's my birthday - what a crappy day for the ES.