Monday, December 9, 2013

Best successful live paper trade - UK 12-9-13, A likely AH-HA moment - Analyze this one !

Today's trading may have been an 'ah-ha' moment ... relatively stress-free trading.
Aiming for consistent known risk and contract adjustment.

  • Showered before sleep, fresh at UK open
  • Prepped all charts while waiting for ATO for roadmap and other levels
  • Traded based on level analysis and ATR's, combined with new 1 or 2 contract level depending on trade setup

    < 4 ticks, trading 2 contracts
    > 4 ticks, trading 1 contract

    All other rules remain the same

  • Messed up on not obeying prove-it stop rule, but waited on slow market and it worked out based on X5 rules

  • Did not trade 1 min scalping for this session.









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1 comment:

  1. TheTriniDecember 9, 2013 at 5:56 AM

    50 -60 % of estimated monthly at this rate is a target I shall be trying to constantly visualize for now. It IS INDEED VERY POSSIBLE to attain with correct discipline methods.

    KEEP PRACTICING !!!

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