us30 pick and roll short off of resistance line scalp

6 thg 10, 2022

This is not a long term trade. But currently price is in at a resistance level and sellers could percieve this as an area to seller. Learnings from yersterday will let me know to get in an out trade of trades tomorrow, and win as early as possible. The core lesson learned revolved around staking my sellers, and not knowing when to close the trades. Final sale trade didn't pay off, and increased risk. Future self will work on understanding what it means to be in counter trend. For strong trend movement will wait on rule of:

1. break of strucutre
2. Retest (cross of moving average fast and slow)
3. continuation

6 thg 10, 2022

Đóng lệnh: dừng lỗ

This trade was one of my worst lost of the trading challenge thus far. I used an increased leverage model, and the lost significantly outweighed the gain.