So, I ended up missing the strong bull move out the gate. The 5 min wick threw me off, showing indecision and I decided to wait for some pullback that I never got. After watching the paint dry for a while, strategy showed an entry that I took for a small scalp. Could have held it longer but by the design of my strategy, would have only gained an extra $5 so no big deal getting out when I did. Somewhat of a frustrating day, but better than losing money.
See the details of my day in today’s COB Recap video below. Enjoy!
I did more paper trading in Sierra Chart today due to not expecting much strength leading up to 14:00 Fed events. Ended up crushing it, taking $530 before 11:10 ET. Good practice. No live trades taken yet, planning to trade the 14:00 time depending on how the market responds to the news.
Took a few trades in the Topstep Combine account and ended up scalping my way to a small green day. Over-managed the last play before deciding to make that my last play, climbing my way back to green for the day.
Check out the recap video below for details of how those trades unfolded.
Bit of a frustrating day which you can probably hear in my COB recap video below. Had some issues with Topstep’s data and platform that resulted in a red day, plus the following breakout news that cause some issues for several people. But good thing I did not take any live trades with my real money today. Maybe I will return to the live account today now that I have confirmed I can trade in two accounts at once with no real issues.
Axios report at 10:30 – Rosenstein resigning apparently causing strong selloff that I got stopped out on after getting stopped out on a scalp that could have hit target without all the erratic volatility. In the future need to be more careful when the price action is choppy like that.
Gave away all my profit on 2 back to back stop outs. All that followed by getting stopped out with how TSTrader’s new BE feature works.. Need to figure that out later. Check out the Recap video below for details.