Well it's Bachannal time in sweet TnT and I wasn't able to be there.
But life must go on, nevertheless.
Today was interesting since I took a stab at trading ES, and was $500 up at one point, disobeyed my not moving stop rules, and was just holding on to a negative losing trade, and it eventually blew me out. Since this was a renewed effort it was not traded on my regular Sim account.
Near the end of the trading day I was drawn back to the NQ, and that was included due to objective of completing a full 20-day run trading NQ. A full 20 day run would equate to one month's trading based on a business week, and not a calendar month.
The stats for today were simply amazing and I had my usual problems with freezing charts and many restarts of Ninjatrader.
One of the most intriguing stats was between 19 trades (or grouped as 5 trades with multiple contracts), the average time in the market was < 2 minutes per trade. It was happening as a nice flow and I was ONLY focused on the method of entry and protective stops at break-even + 1 or 2 ticks. I never realized it was happening so fast.
Considering we ended with a nice gross amount and under an hour worth of trading, NQ is still being favored as a viable instrument to trade using the Boring Trading method.
Chart used -
Default_CC-PERMUDA
It keeps failing to load now so will try add it later. Think it's because the market is closed .. (something related to data) not sure why otherwise.
Showing posts with label Boring Trading. Show all posts
Showing posts with label Boring Trading. Show all posts
Monday, February 12, 2018
Friday, February 9, 2018
DAY 9 - BORING TRADING - 9 day Tally - NQ - 2-9-18 - Jan 30 - Feb 9th
Monday, February 5, 2018
Day 5 - BORING TRADING ..... NQ - 2-5-2018 - 7.45am - 8.30am -7 trades ($36 commissions) - $560 Gross
We continue …
DAY 5 …. of the "BORING TRADING" Method ….
- 7.45a – 8.30am
- 7 trades – 9 contracts ($36 commissions)
- $560 Gross
- Potential Monthly … 😉 … $17,080 (30 days)
- The market is still jumping and I had a number of issues which is why I wasn't trading earlier.
- Since I've hit a $500 + target .. I have stopped trading for the day.
- Only traded NQ today.
- 5-Day Tally - $4180
5-DAY TALLY

CHART USED

TRADE SUMMARY

TRADES

Friday, February 2, 2018
Day 4 - BORING TRADING ..... NQ - 2-2-2018 - 1.25am - 3.25am - 18trades ($72 commissions) - $615 Gross

I am starting to like NQ for its return and reards using even just one contract. I'll be putting together info and sending free indicators so you can start getting it set up on the computer.
- Started off rough with 3 consecutive trades.
- Stuck to the process though.
- Finally got back in a groove.
- Fibonacci, Elliott and Momentum, with minor FLUX
- 2 hours, AM, On work
- Daily Tally - $615 gross

- Weekly Tally – 4 days - $3575 gross

Trade Log

DAILY TALLY with Estimated Monthly Profit (30 days) – Actual estimate would be 20 per month X daily.

CHART USED
- Make note of PRC angle
- Elliott wave flows

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