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Trading Reframe

85 members β€’ Free

28 contributions to Trading Reframe
Friday 2/21
Premarket : Weekly profile is between two setups. The intraday profile read will need to be confirmed on 9:30a. Plugging along nicely.
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Thursday 2/20
Premarket: Slippery week this week with price presenting no clear choice for the weekly range on NQ. 8:30a news should help bring clarity + price is working an inside day off of Tuesday. Calm on the mental side but back to work and the snow keeps falling.... More to shovel...sigh.
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Wednesday 2/19
Premarket: FOMC single event today had my interest. Not too worried about the single event FOMC - nothing like the two-stage setup.
1 like β€’ Feb 20
Alright! Not often do I get the chance to apply lessons from previous day so quickly! But that's what happened today. At 10am took the reversal setup off a playbook setup for raid/reversal and got this one all the way! Reflections: Still didn't follow risk management to the letter but this time, I'm glad I didn't. I only set my stop to 1:4 and did not simply take the money when price ran to 1:4. May be something I need to look in to closer if I'm just more aligned to a different, more flexible RM plan? Is it a contradiction or maybe just need some tweaking. For now, I'm just happy I'm finally out of drawdown.
Tuesday 2/18
Premarket: Journey out of drawdown continues. A little mini goal I have is to keep the same account for longer than 30-days. my best in the last 6 months was 28 days. Impulsive trading is my issue to the extent of blowing the account. Each time I've genuinely tried, I've doubled my previous effort: 5-days, 10-days, 28-days... Currently at 23-days. Let me see what I can do! πŸ‹πŸΎβ€β™‚οΈ
0 likes β€’ Feb 19
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Friday 2/14
Alright. So yesterday was effectively flat so the journey to pull out of drawdown will need more time. Tempting profile at play this week but must wait for news to pass. Valentine's Day reflection: will the day end in heartbreak or will I feel love. Who am I kidding the markets don't care πŸ˜…. Staying locked in!
0 likes β€’ Feb 18
Finally finished the report card for the week. not a bad week financially but Friday's entry was the most informative and will set the tone for this coming week. Change is hard - I am a consistent dude. It is both a skill and a weakness. Being rooted and consistent can be a positive but when overutilized turns into being stubborn. Friday: SOOOO close to being out of drawdown. -$40. What an accomplishment. Squandered for greed. Trade 1: Stopped out. Trade 2: 1:2, set to BE, price hit BE. Trade 3: stopped out. Trade: 4: stopped out. At this point I am back near -1% drawdown and very conscious not to spiral.. On a Friday. Trade 5: stopped out. Trade 6: no fill. Closed trade. I am in overtime at this point, exceeding 4 trade/day and hanging on the sentiment that Trade 2 was BE. Telling myself I have one more shot. Technically, true but high risk for a Friday. Trade 7: Price moves to 1:3 allowing me to set stop to 1:1. Price wicks 1:4 but I want more. I take a partial when price comes back to 1:2. And close the rest around 1:3 (+2.5R against -4R). Opportunity to have been BE on the day if I closed at 1:4 was wasted and instead I go into the weekend still in drawdown.
0 likes β€’ Feb 18
updated with trade images.
1-10 of 28
Trader Laz
2
4points to level up
@trader-laz-4890
Intraday and weekly profile trader.

Active 40d ago
Joined Jan 12, 2025
ISTJ
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