Risk Disclosure

This site is for educational purposes only. Past results are not indicative of future returns.

Risk Disclosure: Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Hypothetical Performance Disclosure

Hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

  • Nic

FINALLY SOME SELLING

I took a couple points loss on a trade in the first 5 minutes but then I've been able to let one short runner go from 27 all the way down to 05 that made my day. I could have taken another short after that, on the hindsight, but I might look for more later.



This period reminds me so much last year in January, when we had a big rally pretty much every day for most of the month. It was painful to trade intraday, such a slow grind higher. The market trains us to think in a certain way, so that when most people is on the same page, it'll do the opposite.


Here is a picture where i highlighted the rally in early 2018 and the current one.

Not saying we are close to a similar drop as the one that happened back then, but just reminding that a drop will happen just when nobody expects it, when everyone is complacent, when everyone is not looking. But watching what's happening in the order flow on a day to day basis without any bias can help.


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