First published at 00:34 UTC on March 7th, 2024.
Dave Knight Trading March 4th 2024 Apex MNQ Day Trading
One Day and One Trade at a Time ... ONE GOOD TRADE at a TIME!
I am working on only 1 EA at a time in the $25K account at present. I am looking to take it to PA and then add another EA.
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Dave Knight Trading March 4th 2024 Apex MNQ Day Trading
One Day and One Trade at a Time ... ONE GOOD TRADE at a TIME!
I am working on only 1 EA at a time in the $25K account at present. I am looking to take it to PA and then add another EA.
Bottom LINE I am only as good as my mind will allow me to be. I find myself overtrading in a PA account today. I have only myself to blame. I am only as good as the next trade setup. Today was a huge down day ... wow ... talk about having a bias and being wrong.
ATF Affiliate Details:
https://atf.com/member/aff/go/tradecraze
Ok ... so I did not blow my PA account. I am happy to say that I lost the amount I had set aside and stopped trading in the PA today. Hopefully, I can work my way back to a payout this month. If not, I am not going to chase it. One day and ONE TRADE at a time!!
Using the 4 minute charts for some trade setups ... enter trade on 123 Tick Chart also using 369 Tick Chart with a volume indicator.
EA 145 Day 6 Up $850
EA 149 Day 1 Up $175
RULE:
1. Do NOT BLOW Account
2. 2 Losses in a ROW (10 Minute Stop)
- Turn over RED Egg Timer GET UP and Walk Away!
3. 3 Losses in a Row Done on Trading Day
- Basically NET 3 and NOT NET 6 from now on!
4. QUIT on LOSING Day! You will have them get over it!!
5 - 10. Have a Trading Plan for 2024
6. More rules coming soon ... using 4 minute charts for trade setups
Good Day Trading,
Dave Knight
TradeCraze
http://DaveKnightTrading.com (coming soon)
P.S. ATF Affiliate Details:
https://atf.com/member/aff/go/tradecraze
P.S.S. I like the 50K the best to qualify in the Evaluation Account (EA)
Risk Disclaimer
Futures trading carries a high level of risk and is not suitable for all investors. Past performance is not indicative of future results. A high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in futures or any market you should carefully consider your investment goals, level of experience, and risk tolerance...
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