Live Sept 2021 - first half

Live trading reality started to take over,  fear and greed were at the forefront of my mind. I become myopic I just wanted to get out as soon as the trade was on. There was this 1 trade I was considering getting out with a loss then I looked closer and realized somehow the account had switched back to sim. I instantly felt at ease and let it hit the target eventually. Reluctantly I have to go back to sim and will try to merge the sim trading mind with the live trading somehow. As the graphs below illustrate market had not changed but my mind had changed not for the better when I switched to the live environment.

Sim Sept 2021 - second half

Live August 2021

"Those Who Do Not Learn History Are Doomed To Repeat It. 

No, I am not talking about the Fall of Kabul, this blog is all about trading.

After the first week of live trading, I felt like I have arrived and it could be even better. Then I saw someone uses 256t chart and making bank so I changed my chart from 200t to that and I also added 3 more indicators to the same chart for good measure. What happened next was a typical same old story I promptly gave it all back. I have changed my chart back to the way it was and, hopefully, the lesson will sink in this time. Three notable mistakes this month 2 old and 1 new, changing chart style and adding new indicators without testing them first (old), drinking beer while trading (new, ah! the peril of working at home). Here is my performance for August. The chart shows the commissions really do some damage to the bottom line. I am now back at work so the number of trading days probably will be less for the next month.

 Live Aug Week 1

a quick update on the first week of August

 SIM & Live report July 2021

So Ninja has a sale and I decided to buy a permanent license. Live trades happen because I switched from sim license to live license then promptly forgot about it. I trades on some left over amount since the last try, I haven't decided how much I want to fund the account. 

Live

SIM

 

SIM report June 2021

This is the June performance report. The average daily number of trades is 5. It's right where I want it. Keeping it green day in, day out is what I want. The daily profit is $500 but I probably aim for $100 in live trading.   

 SIM report Sept 2019 - May 2021

Happy the very first  Juneteenth! I get an unexpected day off so here I am. As I mentioned before I lost all my notes and chart setups but now I think the reason I don't have any notes because I already wrote out the method into the blog name. In another word, it's just buying support, selling resistance as usual. I didn't recall exactly what was the setup but I think I came up/stumble upon better setups, time will tell. Here are statistics using the new method. Once again what I am looking for is consecutive green days the more the better, nothing too complicated to keep track of.

     

July and August 2019

My laptop crashed sometime in July, one thing leaded to another and I just get in back. My hard drive got wiped clean so 2 years of charting, indicators and trade records using Ninja are gone. I don't have any backup to get then back. In July I got moved to another team, new team, new software to learn, new work habit and more distractions away from market. In August I was able to re finance my house so there is lesser pressure to look for extra money. I have been 2 months away from market and don't feel a compelling need to get back. In summary beside of paying Ninja rental fee quarterly, my losses is (8322.24 starting balance)  -(1000 withdraw) -(7115.96 August balance) = -209.28. I was testing a strategy using micro ES to hedge against micro NQ in case NQ trade goes wrong. I did hold a pair of them over the weekend without losing any sleep. I will reduce my account to 1K to trade micro only but I have to rebuild my charts first. I don't know how long before I post again but thanks for reading so far.