My notes and thoughts on the market and trades
Today my mentor left the firm to trade with his own money, sad a little. I wish him good luck, he will succeed . From this day I stop doing nonsense at work and start earning a lot of money :) There will be no signals for today, I will miss 1 day. FENIX found a post about Elena ESTrader, and I thought she was just so inadequate with me, weird girl.
Changes in trading have benefited me Writing a trading plan before trading gives good results, but takes more time. A lot of stocks are accumulating and ideas for them . More global ideas work better when you think about them before trading., there is no rush. Alerts for promotions are very helpful in spotting promotions.. Increasing the position size is much easier with a prepared trading plan.. So far I decided to take 50C each, to emotionally recover after the minuses, profit-taking won't make me feel any worse All the time I don't have enough time to post old trades, I will try to come to work earlier.
I practically did not trade in the previous week, June is useless, it is better to wait for Earnings and market activation. How the volume and movements will appear in the market, it is necessary to sharply increase the size of positions While trading small positions and reduce the loss limit by half or by 2\3 With the onset of Earnings'a I will give all my best on 110% because. it will be a chance to make money on 3 months of money, beat off minus in June and survive August. July I will make the best month, I will earn in 3 times more than in April. Write the results for June on Monday, they are not comforting.
Do not lose more than half of the limit in 1 trades Do not gain a huge position if $ the risk is very high, but the loss in cents is minimal, better to move the position later, with the possibility of moving the stop to breakeven. Gain position only in the direction of travel FOMC : The rate remained unchanged
While the market stands – Do not open new deals !!! Weak MOC do not trade, why randomize – it is very expensive When the market is weak cut the loss limit in half ! Discipline is very important, do not violate it ! All the cons only because of the violation of their own rules Tomorrow is the decisive day – FOMS
From Monday you need to trade more actively Bring the month to a plus 26 numbers will be MHIF There are new incentives to trade and earn more