'Trading is a process of observing the market's action until such a time you can find and form trading ideas and get involved.'**

Tuesday, October 4, 2022

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.





Monday, October 3, 2022

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.



Monday, March 8, 2021

DOGE

As observed, DOGE starts to explode!




Sunday, March 7, 2021

DOGE

 Tight consolidation - waiting for the explosion!