First published at 23:51 UTC on April 2nd, 2024.
Dave Knight Trading Apex MNQ Day Trading April 1st 2024
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 Apex MNQ Day Trading April 1st 2024
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 have been back to the drawing board again. I wiped all the information off my whiteboard and starting again. Some of the information I am sharing is simply to show what I am considering in my day trading right now. Good Luck to you ...
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 and 1 minute chart ... enter trade on 123 Tick Chart also using 369 Tick Chart with a volume indicator.
Attack and Defense on Trade!
RULES: (WORKING ON THIS RIGHT NOW!)
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..
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