Jared’s Blog
I Got VERY Lucky – Trading Blog Ep. 57
11
Jul
I took a week off of trading, so today was my first day back. And I will be honest with you guys - it was NOT my best performance at all. I did very badly today. however, based off of PRUE LUCK, I was able to walk away with a profit. I ended up taking 3 trades today. 3 longs - 2 of them where based off of 1 idea, and the 3rd was on another idea.
Trading a Rotational Market – Trading Blog Ep. 56
27
Jun
At 10:00 AM today there was a high impact news release (consumer confidence report,) and I never like to gamble and trade the news. I decided to sit out of the market until the volatility from the news blew over. When I came back to the charts, I noticed that we were creating a rotational or balanced market.
Timing Is EVERYTHING – Trading Blog Ep. 55
26
Jun
Getting into a trade is important, but getting out of is equally if not MORE important. Today I got long on the ES, and had I not got out at the perfect time, I would’ve taken a loss. Instead, I took partials at the perfect time & finished the day in profit.
Shaken Out Of a Winning Idea – Trading Blog Ep. 54
22
Jun
I took 2 shorts on the ES, and one was a looser and the other a winner. They were both based on the same trade idea, but the first idea I got shaken out of. The market didn’t hit my stoploss, but I didn’t like what I was seeing, so I closed for a very minor loss (about 2-3 points.)
Quick & Painless Trade – Trading Blog Ep. 53
20
Jun
I wasn’t expecting much action today on the ES due to the lack of economic news & the fact that Powell is speaking tomorrow & Thursday. However, when a textbook setup appears, I can’t resist it. I ended up getting short & scaled out of the position as the market went in my favor.
Finishing At Breakeven – Trading Blog Ep. 52
15
Jun
I tried to take a short today on ES & ended up taking a loss. This is acceptable, because the trade was part of my plan & my pre-market prep. However, after taking the loss, I realized I would have to flip the script if I wanted to get on board with the price action today.
Pre-FOMC Trading – Trading Blog Ep. 51
14
Jun
Today is supposed to be a crazy trading day with the Federal Funds Rate announcement & FOMC Press Conference later. However, I was still able to nail a nice buy position before the markets really go crazy.
First Trade On Sierra – Trading Blog Ep. 50
13
Jun
I usually use MetaTrader to take my positions as that is where my FTMO funded account is. But today, I took my first trade using the Sierra Charts platform. My typical trading setup is analyzing on Sierra & executing in the MetaTrader terminal - however I am making the switch to placing the trades through Sierra directly.
Patience Pays Off! – Trading Blog Ep. 49
09
Jun
Today has been a wild day on the S&P 500… but I was able to find myself a winning trade idea. There was a ton of action at the beginning of the trading session - a 20 point swing higher, and a 30 point swing lower.
Making Up For Losses – Trading Blog Ep. 48
07
Jun
Today I took an amazing trade setup on the S&P 500. I got short at the high of the day, expecting the market to revert back to it’s true value. The market ended up moving in my favor almost immediately & I scaled out of the position at my targets.