Today is the one year anniversary of Covid as a Pandemic announcement...please follow your country health guidelines...protect your family and yourself. [09:28:44] * Now talking in ##TheStrategyLab
[09:30:06] <wrbtrader> Good morning...
[09:30:48] <wrbtrader> Today's KMEs @ 0830am, 1000am, 1030am and 1300pm est
[09:32:35] <wrbtrader> Shorts Emini ES @ 3922.00 -> medium size
[09:32:37] <Tigerman_______>
all
[09:32:37] <wrbtrader> 5 contracts
[09:33:47] <wrbtrader> Covered all Emini ES Short @ 3925.75 --> - 3.75
[09:36:07] <wrbtrader> Shorts Emini ES @ 3926.00 -> medium size
[09:36:18] <wrbtrader> 5 contracts re-entry
[09:38:38] <wrbtrader> Covered all Emini ES Short @ 3923.25 --> + 2.75 [09:38:47] <wrbtrader>
[09:38:56] <wrbtrader> trail stop problem
[09:40:48] <Tigerman_______> wrbtrader another messy open
[09:40:58] <Tigerman_______> many long tails intervals
[09:41:50] <wrbtrader> exactly
[09:43:20] <wrbtrader> now suddenly jumpy
[09:46:01] <wrbtrader> Long Emini ES @ 3921.50 -> large size
[09:46:10] <wrbtrader> 10 contracts
[09:46:14] <wrbtrader> early entry
[09:47:10] <wrbtrader> Exited all Emini ES Long @ 3925.00 --> + 3.5 [09:47:25] <wrbtrader> early exit
[09:47:33] <wrbtrader> not a WRB pt1
[09:47:43] <wrbtrader> trade error too
[09:47:52] <wrbtrader> Thus, lucky exit
[09:48:22] <wrbtrader> everything about the trade screwed up
[09:48:59] <wrbtrader> Long Emini ES @ 3923.25 -> small size
[09:49:05] <wrbtrader> 3 contracts
[09:49:14] <wrbtrader> early entry
[09:50:55] <wrbtrader> Exited all Emini ES Long @ 3925.50 --> + 2.25 [09:51:15] <Tigerman_______> today another issue on my broker platform
[09:51:26] <Tigerman_______> Never seen tha before
[09:51:31] <wrbtrader> caught the top of the recent Long Upper Shadow interval for an exit
[09:51:41] <Tigerman_______> can t move my stops or limit order in book
[09:51:45] <wrbtrader> didn't think it would make it to a WRB pt1
[09:52:43] <Tigerman_______> I ll stop trading if thet problem will be no fixed
[09:53:12] <Tigerman_______> simply can t tade withot move and adjust stop orders
[09:53:15] <Tigerman_______> absurd
[09:54:26] <wrbtrader> My first trade of the day...the big -3.75 loss...
[09:55:08] <wrbtrader> stop management problem with a weird fill after I didn't get filled for -1.75
[09:56:08] <Tigerman_______> yeah that problem I complain a lot
[09:56:36] <wrbtrader> I had similar problems a few days ago too...resulted in multiple consecutive losers
[09:56:55] <Tigerman_______> good you traded small size
[09:57:26] <wrbtrader> Yeah but errors there too
[09:57:27] <Tigerman_______> as I reported here bigger size are simply unfilled at stop price
[09:57:40] <wrbtrader> Did a large size trade today by mistake
[09:58:02] <wrbtrader> Trade was suppose to be a 1 contract trade and put in 10 contracts :9
[09:58:13] <wrbtrader> got lucky with a profit
[09:58:22] <Tigerman_______> wrbtrader I mean if one use Big size he get fill at bad price in market orders and NO FILL at all at limit
[09:59:00] <wrbtrader> I stop talking about my "no fills" many years ago...
[09:59:17] <wrbtrader> I thought I was getting sidetrack mentally
[09:59:38] <wrbtrader> ES and NQ not correlated at all right now
[09:59:56] <wrbtrader> Something is going to spike because of the poor correlation
[10:00:09] <Tigerman_______> also loq liquidity and price jump around ... sometimes 1-2 tick nid /ask incredible in ES
[10:00:42] <Tigerman_______> NQ is almost untradable
[10:00:58] <Tigerman_______> unless position or swing trading
[10:01:58] <wrbtrader> Long Emini ES @ 3932.75 -> small size
[10:02:04] <wrbtrader> 1 contract
[10:02:07] <wrbtrader> poor entry
[10:02:24] <wrbtrader> saw the spike coming and still didn't jump on it
[10:02:52] <wrbtrader> saw it at 3929.00
[10:04:02] <wrbtrader> Exited Emini ES Long @ 3933.00 --> + 0.25
[10:32:45] <wrbtrader> Long Emini ES @ 3932.75 -> small size
[10:32:56] <wrbtrader> 2 contracts
[10:33:44] <wrbtrader> Exited all Emini ES Long @ 3934.25 --> + 1.5
[10:33:53] <wrbtrader> small WRB pt1 reached
[10:49:14] <wrbtrader> Long Emini ES @ 3938.00 -> small size
[10:49:21] <wrbtrader> 3 contracts
[10:49:40] <wrbtrader> trying to move up the range of Long Upper Shadow interval
[10:51:31] <wrbtrader> Exited all Emini ES Long @ 3939.50 --> + 1.5
[10:51:54] <wrbtrader> small WRB pt1 reached
[10:52:39] <Tigerman_______> seems slower action now
[10:53:05] <Tigerman_______> I just did 1 trade replacing orders
[10:53:31] <Tigerman_______> instead adjust my stops I put a new one and delete the previous
[10:54:15] <Tigerman_______> simply I still can t moving my orders after I entered them inside book
[11:04:15] <wrbtrader> Tigerman...how far is the price when you put in your orders
[11:06:00] <Tigerman_______> today I need put a limit order at ask or higher (so market order)
[11:06:24] <Tigerman_______> stop loss tied with it
[11:06:51] <Tigerman_______> problem I can t move my stop inside book
[11:07:03] <Tigerman_______> so I need repace it with a newer one
[11:07:08] <Tigerman_______> replace
[11:10:59] <wrbtrader> Overall, price action moving normal today...not super fast like prior trading days
[11:11:42] <wrbtrader> You must have been pulling your hair out last week during the super fast moving price action
[11:12:16] <wrbtrader> I think most of my orders the past few weeks have been market orders...crazy fills
[11:14:20] <Tigerman_______> yeah I usually move my limit order around the book
[11:15:14] <Tigerman_______> so most of the time that limit is moved up x a long entry and becames a market order at higher price
[11:16:14] <Tigerman_______> 17:11 wrbtrader: You must have been pulling your hair out last week during the super fast moving price action I usually use " Strong Words" shout them very load
[11:18:34] <Tigerman_______> usually those words reach Sky levels when got unfill order in a take profit and then they roll over ...
near or jump over my initial entry
[11:20:59] <wrbtrader> I know someone, last month during super fast moving price action...
[11:21:35] <wrbtrader> He had 5 consecutive -7 point losing trades in the Emini ES futures...
[11:22:24] <wrbtrader> He then put his laptop on the floor and stomped it into many pieces
[11:22:56] <wrbtrader> Took him another week to buy a new laptop but that week of cooling off period because he wasn't able to trade...
[11:23:08] <Tigerman_______> those -7 points was because unfilled stop or he usually has large stops
[11:23:20] <wrbtrader> He think he saved about 8k in trading losses
[11:23:40] <wrbtrader> Usually he trades with large stops
[11:24:29] <Tigerman_______> ok large stops= larger profit
[11:25:13] <Tigerman_______> I mean profit should be larger then stops
[11:25:25] <Tigerman_______> regardless these weeks management is tought
[11:34:57] <wrbtrader> Usually he tries to catch 10 to 15 point profits
[11:35:23] <wrbtrader> Emini ES was very difficult to catch such over the past two months
[11:35:51] <Tigerman_______> I can say more then 2 months
[11:35:54] <wrbtrader> Unless you catch one of those crazy fast moving price action going your way...very fast to +10 points
[11:36:05] <wrbtrader> I've had some of those recently...
[11:36:26] <wrbtrader> Scary aspect, I almost exited those trades at +2 to +3 point profit
[11:36:36] <Tigerman_______> too many variable meanwhile one try get 10+ points
[11:36:49] <wrbtrader> before a WRB pt1 out of fear it was going to retrace just as fast
[11:37:01] <Tigerman_______> yep that is the point
[11:37:47] <Tigerman_______> it can go -7 fast before reach your +12
[11:47:00] <Tigerman_______> ok exit here
[11:47:07] <Tigerman_______> take care all see next time
[12:21:23] <wrbtrader> Shorts Emini ES @ 3951.25 -> small size
[12:21:37] <wrbtrader> 2 contracts
[12:23:02] <wrbtrader> Covered all Emini ES Short @ 3951.75 --> - 0.5
[12:23:40] <wrbtrader> early exit
[12:23:45] <wrbtrader> not a trail stop pick
[12:25:36] <wrbtrader> Shorts Emini ES @ 3951.50 -> small size
[12:25:46] <wrbtrader> 2 contracts re-entry
[12:30:20] <wrbtrader> Covered all Emini ES Short @ 3952.25 --> - 0.75
[12:34:19] <wrbtrader> Shorts Emini ES @ 3952.50 -> small size
[12:34:27] <wrbtrader> 2 contracts re-entry
[12:37:18] <wrbtrader> Covered all Emini ES Short @ 3952.25 --> + 0.25
[13:49:07] <wrbtrader> Long Emini ES @ 3950.00 -> small size
[13:49:13] <wrbtrader> 2 contracts
[13:54:47] <wrbtrader> Exited all Emini ES Long @ 3950.00 --> 0
[13:56:04] <wrbtrader> Shorts Emini ES @ 3948.75 -> small size
[13:56:13] <wrbtrader> 3 contracts
[13:59:05] <wrbtrader> Covered all Emini ES Short @ 3947.00 --> + 1.75
[13:59:16] <wrbtrader> small WRB pt1 reached
[15:53:37] * Disconnected
[15:53:56] * Attempting to rejoin channel ##TheStrategyLab
[15:54:01] * Rejoined channel ##TheStrategyLab
[15:54:01] -ChanServ- [##TheStrategyLab] Chat room for day traders, swing traders, position traders using concepts from WRB Analysis to help improve the performance of their trade signal strategies. WRB Analysis free study guide @
http://www.thestrategylab.com/tsl/forum ... =119&t=718[15:56:36] <wrbtrader> Shorts Emini ES @ 3937.25 -> small size
[15:56:40] <wrbtrader> 3 contracts
[15:58:38] <wrbtrader> Covered all Emini ES Short @ 3935.25 --> + 2 [15:58:55] <wrbtrader> early exit
[15:59:00] <wrbtrader> not a WRB pt1
[15:59:08] <wrbtrader> Take care all and see you tomorrow
