NQ, CL, ZW, ZS trading today: +$2,015.62

Hey everybody,

As my set-ups don't seem that always on NQ solely, I'm merely attempting to commerce a number of markets and enhance the percentages; began nibbling in commodities futures a bit, listed here are some ideas from in the present day:

NQ, image 1:

After a little bit of ranging, NASDAQ bled in the present day and I hope everybody went for the blood! I'm typically not grasping and I'm proud of the general P/L outcomes from NQ in the present day, however I undoubtedly nonetheless wrestle with letting the commerce run its course and I nonetheless have robust tendency to get out rapidly as quickly as I hit +10pts (i.e. robust behavior from my fast scalping days). If I simply adopted my technique and guidelines on 3m set-up, I might make more cash in a single NQ commerce than I made in entire day, buying and selling a number of markets. Meals for ideas for certain…

CL, image 2:

Beginning to really feel I can learn the value motion of CL one of the best out of futures / or extra prefer it's clearest to me to this point, but it makes me considerably uncomfortable to commerce it and I've no concept why. Regrettably, that $350 commerce might've been round $600 one however I used to be on my means house from work. Ought to've reduce that final commerce / loss sooner.

ZW (wheat), image 3:

Made my greatest commerce on wheat in the present day, simply to comply with it up with second greatest lack of the day because the greed took over, I assumed the development would proceed after the pullback, however didn't look forward to the candle to complete and received burnt due to it.

ZS (soybeans), image 4:

Largest remorse & mistake of the day. I used to be up round 1k for the day on the time and there was a transparent A+ set-up for me – shorting soybeans at 10:54 EDT (SELL on the image). It was under EMA 200, the candle completed under tooth of alligator, it was 100% entry. I chickened out, scared for the revenue I already gained, and didn't enter. Reasonably pathetic tbh. 🙂 With potential max drawdown being actually zero in that commerce I didn't take, the market tanked and in keeping with my technique, I missed on the revenue of above $700 right here (exit at BUY on the image). Concern was changed with greed and FOMO, I entered at what I believed was a downward continuation from the pullback however but once more I didn't look forward to the candle to shut and that was the primary mistake, leading to -$300.

I missed a really related set-up on corn as effectively. I did some trades on Dow too however since round midday we're not on talking phrases anymore.

What I've learnt in the present day:

• commodities futures like corn, wheat, soybeans,… seem to have one main transfer per day which fits my technique's set-ups.

• Concern is actual and so is greed and FOMO. Belief your set-ups regardless of the $ P/L worth for the day.

• look forward to the goddamn candles to shut

• It's actually painful and annoying to look at market rocketing within the path you anticipated, however with out you taking part, although I'm beginning to see a sample it's higher to take a seat on fingers for that one and concentrate on the subsequent alternatives reasonably than getting into late, at fallacious second.

How had been you doing in the present day? Any enter or ideas are welcome!