Trading

1. Need to be capitalized

2. Concentrate on one niche - familiarize with few instrument

3. Be disciplined - trade when there is a highly probable outcome

Main Trading Problem

1. Lack of discipline

2. Not trading rationale

3. Not exiting when the trade not acting well

4. Letting losses that makes account blow up to zero - for the nth time

5. Not learning a lesson - hard headead and bone head

Trading Problem

1. Revenge trading - trying to get back losing trades 

2. Irrational trading - not thinking well and not watching/controlling emotion

3. Not sticking to one strategy - not following trading guidelines

Tuesday Trade

 

Trading

1. Trading is not about just 'trading'

2. It's about having a strategy

When To Trade

1. Have strategy

2. Trade only when there is opportunity

3. Keep focus

4. Cut losses

Fried By It's Own Lard!

 

Why Trading

1. There is no opportunity in the world that trading the stock market offers - where ever you are

2. Not much amount of money/capital involved

3. No need to look for client to sell or ask for any kind of odd jobs, no advertising, no interview prep in case you are looking for a top notch job

4. The money is there for the taking at any given moment

5. No need to deal with anyone - annoying co-workers or superiors

6. Need to learn and study - takes time but if taken seriously - the benefit is for the long run

7. Find the niche - right market to trade (prefer micro futures, need only $200 to start)

Keep Trading and Oberving

Trading Lesson This Week

1. Don't expect to trade whenever you turn on your computer

2. Always put stop loss - set stop at desired risk per trade

3. Observe the price movement - if the trade doesn't work at a certain time, get out, enter again if there is the potential move 

4. Focus - keep focus when trading, don't do any activity, watch the trade like a hawk

5. Keep taking profit, don't lose the amount you're gaining

Keep Observing and Trading

Stocks For The Long Run

 

MES Monday Trade

 

MES MCL Monday Trade

 

MES Friday Trade

 

MES Thursday Trade 2 - Trade In Between

 

MES Thursday Trade - Trade In Between

 

MES Wednesday Trade - 'Trade In Between'

 

ES TUESDAY TRADE

 

Time To Buy Bit!

 

MES Micro Trade Of The Day

 

Another CL Trade Early

 

CL Early Trade

 Traded CL early. Right timing!

12 Years Observing

 Was looking/reviving the Observe and Trade blog ideas, already on the 12th year.

Though was inactive for 5 years plus, but was Observing the market daily, except not doing any trading.

Most of the trading blog I used to follow then are not that active anymore.

I guess they all do their trading quietly without showing their techniques, or they provide trading subscription.

DOGE and BTC

 Monthly chart of the two crypto's that got benefited when they skyrocket last year.

Time to pile up, probably in a year or two it will give some potential again to get benefit.

While the crowds are not that energized to take the advantage due to the scared noise, it's good to buy for the long run.

There lots of noise out there that cryptos won't make any, but for those who want to make something, we just have to make our own judgment and decision.

As long as there are participants, and we listen to our own findings, that's where we can make something.

Making money in the market is the best bet, that's how traders make a living.

Daily Trading Setups

Daily trading setups will be posted on this site.

Trade ideas will be based from own market ideas per market movement.

Trades will be conducted on 1 minute time frame in coordination with other multi time frame.

Trades will all be called scalps.

Account trade opened in Tradovate was a minimum $250.

Will be risking maximum $50 per day. $25 risk per trade.

Reward will be 1.5 or 2, if  the trade goes to $30+ - will exit.

Making +$50 per day will be ok 

Will only trade 1 to 3 trades per day depending on the market opportunity, no probable setup - no trade.

Trade 'in - between' is the ideal trade setup.

Today's trade result.

Back To Trading

Trading back the market after years of not doing full time.

This time I'm trading the micro e mini's from Tradovate platform.

Discover Tradovate two years back but was not able to trade full time, open then small account but got clobbered and blew my account.

Due to the pandemic and got sidelined working at home, decided to get back to trading full time, looking forward I can focus and capitalize on the current market turbulence.

I guess getting back to the market  gives an advantage as compared looking for other source of amount. 

Trading the micros with small amount of capital can have a good leverage.

Below is the trade for today.