Sep 11, 2018 – Back in Action

I’m back!!!

 

I took a break from mv3trader.com for a while to “go into the lab” and work on some areas I desperately needed to improve. I paper traded to close out August and once I got comfortable with how I want to trade my strategy decided to return to live trading in September.

 

So far, I’ve been green every day with about 80% accuracy. It was 100% until I over-managed my last two trades of the day before making myself stop for the day due to not sticking to the plan. On that note, I could be doing so much better this month had I not been over-managing trades so much. I seriously need to work on that.

 

My P/L for the month currently sitting at +$500 but could easily be triple that had I not over-managed so many trades.

 

Anyway, the way ahead for this website, thinking of making some adjustments. Maybe I will do weekly journal entries instead of daily. Or I’m thinking to do a premarket insight daily that could be sent out to anyone who subscribes to the mailing list. Also, thinking of making use of the YouTube channel for the journal recaps, as well as additional content related to strategy building for all corners of the market. My schedule has become a bit busier, so I’m not sure how much time I will have to dedicate to a lot of additional content.

 

I would love to hear opinions on this, so please let me think by commenting below or email me at robwill@mv3trader.com. You can also DM me on Twitter (link below). Any ideas you have are welcome.

 

You can see my trades for this month by clicking the image below of my winner for today on NQ.

The only win which I cheated myself on from over-managing. To see details for this and all of my plays for the month, click the image.

For real-time insights follow me on Twitter! @Mv3Trader

 

Comment below with your opinions and questions.

 

Rob

Mv3 Trader

“Trade Consciously”

 

Aug 15, 2018 – FOCUS

Premarket Insight

Looking at my charts for the first time today at 07:00 EST, NQ and CL have already taken a significant nose dive, mostly in the Euro market hours. NQ already down more than 58 points (0.79%) which could be the start of the selloff I have been expecting. Hoping this translates well into the morning session after the open bell. As mentioned in my entry yesterday, NQ will be my only focus for today.

One the calendar today, Core Retail Sales (x2) at 08:30 EST and Crude Oil Inventories at 10:30 EST.

 

COB Recap

As far as my performance today, I pretty much traded like a fish fresh out of water. Took a loss on my first play making a mistake from lack of focus, getting distracted by events happening at home. Then the rest of the day was spent taking small scalps to get back to green. Ended the day with a whole $10!

On another note, after doing a quick recap, noticed my normal strategy wouldn’t have performed much better with the crazy volatility, giving me a bunch of scalps minus the loss. Good thing I updated my entry technique yesterday. Just need to execute it better next time.

Anyway, no complaints overall today. Good to at least have a green day again even if it is only $10.

BTW, CL would have been super easy to trade today. #StoryofMyLife.

 

Scalp city y’all, scalp, scalp city y’all.
Click the image for more details.

 

 

For real-time insights follow me on Twitter! @Mv3Trader

 

Comment below with your opinions and questions.

 

Rob

Mv3 Trader

“Trade Consciously”

 

Aug 8, 2018 – Minimum Success

Premarket Insight

Apparently, the U.S.-China “trade war” has people scared to trade this morning as market volume (NQ at 19k as of 07:30 EST) is extremely low, with not much going on so far looking at the Nasdaq Futures 5-minute chart. This low volume is present in other areas of the market as well (gold, crude oil, and Euro forex).

On the calendar today, Crude Oil Inventories at 10:30 EST.

 

At the Bell

Not long after I wrote the premarket insight a ton of selling started in the markets around 07:45 EST and volume picked up a bit. There was a lot of selling in other areas of the market as well. CL already down more than 1.34% (94 ticks). With that type of selloff in the premarket, may just be sticking to NQ today.

From a technical analysis point, the NQ selloff on the daily chart makes sense as it ran into strong resistance.

 

COB Recap

So, I clearly misread the sentiment on CL today. It continued to drop and gave a ton of opportunities that I missed out on. Could have given me a really strong green day. Really frustrating how I keep letting this fear get the best of me. I took one play in CL that was a loser do to wrong timing.

Still green though thanks to NQ. Caught the one good move in the morning session and pretty much ended my day there. Would have been really nice to get all that profit from CL, but I can’t complain too much finally having a green day again.

 

Click the image for more details.

 

 

For real-time insights follow me on Twitter! @Mv3Trader

 

Comment below with your opinions and questions.

 

Rob

Mv3 Trader

“Trade Consciously”