Because. the basis for my trading decision – это обычный schedule prices, I could work on any timeframe. Accordingly, you need to make a choice – либо ты скальпер\дейтрейдер на 1-5 min, либо позиционка\среднесрок на daily.
I want to make a confession, that for about half a year I tried to switch from day trading to positioning..
I was attracted to this 2 things:
– excess profit of transactions, which can turn out (ну.. such as movement in 100$ at zolote or 100-150p on ES).
– little energy consumption and jerk-off hours in front of the monitor.
At first I didn't succeed.. There were millions of reasons that prevented me from taking a real jackpot.
- – Missed signals. Why? For example, I wanted to take a pose with a good shoulder and could not do it because of a large stop in points. Instead of, to reduce the pose, I was waiting for a better price to reduce the risk. As a result, the market left without me.
- – Didn’t sit out. Why? Because if I nevertheless entered a pose with a good shoulder, it took my breath away from that P&L, which I saw on the very first shock day.. so I jumped out in order to re-enter at the best price on a pullback… As a result, the market left without me.
- – It seemed that since I was trading positionally, значит не надо пялится в монитор 24\7… Therefore, I began to neglect too much attention to the market and sometimes corny missed those entries., which are formed and so infrequently. It was EPIC FAIL.
- – Risk management problems. Because. I cannot know how many entry signals there will be and for which instruments, and I want to close each specific week with a good plus, then at each entry I opened at the maximum allowable risk on the deposit.. Was afraid, that I will reserve BuyPower for other positions, but they won't happen)) So in the end, when I'm already for the whole cutlet in some eurodollar, I managed to go into metals and indices later, because sure people appeared there))))))))))))
Time went by… I couldn’t make big deals.… There were deals on traffic 1-3 days on average brought 25 000 – 30 000$. But those trades, which I wanted to catch would bring along 150 000 – 250 000 Doll. And I did not manage to pick them up, despite, that I had predicted many such movements in advance and was ready for them.
I remember I posted a screen in LJ, how they got me on 25 contracts with a small loss on SP500 and some moron decided to troll me, what am I mumbling on loys. To which I answered him, what is this hai, and he fucked up) Trade target was around 140p on ES.
Here are the comments: . After that day, the market collapsed and after 28 days reached the goal with an error of 10p.. but without me. On 25 contracts I would earn 181 250$ . (Chest on the right)
These six-digit numbers in PnL attracted me and I could not stop trying to prove to myself and everyone, that I can do it. It's so cool, open daily chart and show, what would I sell on hae, and bought it off a month later at the very low and earned one trade per lamba)) Although used). Eventually, it cost me everything. The meaning of lost profits from day trading.
I was missing signals within the day, waiting for sure “with sight”.
I missed a lot of intraday trades just because, that I was already in a position for this instrument, or I had exhausted the limit of acceptable risks for open positions.
I missed fucking exit points and overexposed huge profits, waiting for even more fucking…
So I decided to stop doing shit and do that, what do i do best. I confessed to myself, that this is not for me. It took half a year or so.
Now my goal is to make money every day, the benefit of system inputs is enough for this.
And you won't believe… psychologically, I just threw a stone off my shoulders.
AND NOW:
Furthermore, my yield curve has become much smoother and trendier again.
Особо истории скальпинга\дейтрейдинга пока нет, the decision was made only 7 shopping days ago.. But so far it looks something like this:
As you can see, First 4 day stupid.. because of, that he simply did not have time to make trading decisions so quickly and missed all entries. And where they gave 100 just think and go, naturally fuck :)
But I quickly quibbled and started a backlash) So sho, I plan not to slow down.
Chart for closed deals only, excluding open poses, which I still transferred overweek as part of the exception. DollarIndex, FDAX, EUROSTOXX:
