Sep 24, 2018 – Topstep Combine Day 3

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.
For real-time insights follow me on Twitter! @Mv3Trader
Comment below with your opinions and questions.
Rob
Mv3 Trader
“Trade Consciously”

Sep 21, 2018 – Recap – TopStep Journey

Today’s market recap below. Closing the week out in the green, but today I only traded in the Topstep combine account. Wanted to gain some ground (more like recover) on my journey to earning a funded account. Took 6 trades for a profit of $120.

One thing I forgot to mention in the video, I found it very interesting how the morning price action bounced off the support that I drew yesterday. Screenshot of that support below the video. After lunch, it did break below that support. Enjoy the recap and feel free to leave a comment.

 

Price bounce off a support from previous day.

 

For real-time insights follow me on Twitter! @Mv3Trader
Comment below with your opinions and questions.
Rob
Mv3 Trader
“Trade Consciously”

Sep 19, 2018 – Patience Exercised

Premarket Insight

So far, as of 07:00 ET, not much has happened in the markets on weak volume. Nothing huge stands out today, just the same trade war talks, and a couple of reports listed below on the calendar.

I will be continuing with the focus of trading consistently with patience. Now that I’ve become more willing to HTB (hit the button) and enter on my setup, need to make sure I let the trade play out as designed per my strategy.

On the calendar today, Building Permits at 08:30 ET and Crude Oil Inventories at 10:30 ET.

 

COB Recap

Out the gate, took a play in the 2nd minute of the open on NQ. Didn’t let it play out which would have hit target for $200, but with my exception to the not going flat rule in the first five minutes, I’m not too upset about that. Just read that play wrong.

Took a while to see another setup I liked. I saw it forming but I didn’t like the timing. I wanted to enter right away, but price action wasn’t giving the signal of being ready to pop out of the small channel that was being formed. So, I struggled through the itch and feeling of FOMO and finally HTB to catch the short at the right moment for a successful play that took about 2 minutes! YES!!! Taking my wins and going home.

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”