Morning Folks!! It's Saturday evening, 3/15. The Futures market is closed until Sunday at 1700 CT and I am catching up on things. I really started this post this morning but between the dog, testing and trying to relax some, here we are.
**PRO TIP** - If you're using NinjaTrader don't have an custom ATM (Advanced Trade Management) strategy running at the same time you have a custom strategy deployed that also manipulates stops and take profit orders. This cost me $1100 in margin this week. Oh well, lesson learned.
Now, just so you know when I give a PRO TIP this really translates into "Don't do the same dumba$$ stuff I did!". I'm no pro yet, but I am always happy to share both the good and the not so good of my journey.
By not adhering to my PRO TIP above, I missed out on an $1100 trade. Technically, I should have been almost halfway to passing my combine after the first week.
By not adhering to my PRO TIP above, I missed out on an $1100 trade. Technically, I should have been almost halfway to passing my combine after the first week.
On a more positive note, I have made a couple minor changes to my strategy that extracts a few more margin dollars and also made losing trades smaller.
A couple of posts ago, I started a schedule for this journey. I hope to make a post tomorrow and update that schedule. As it stands now, I am VERY confident in my strategy and hope that the market cooperates this week. That's all for now. As usual drop me a comment or send me a message.
Peace!~
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