Friday, April 17, 2015

APRIL 17, 2015

                                     AN EMPTY ROCKET

Today, I missed an absolutely great trade, because I was sleeping. This was a 109 pips winning trade that rocketed off without it's payload... me. 


The *PERFECT* trade setup  formed at 2:00am CST (Chicago time), while I was out cold. Hey! I am not a robot. I need some sleep every now and and again! Well, when the trading room opened at 3:00am, I saw it, and decided to wait for a retracement. 

As I write this at 5:38am, I am still waiting for that retracement. Yes 2.5 hours and...nothing. Here is a quick tip to those of you that want to be traders, or those of you that are not consistently profitable traders: Learn to wait for your setups. Traders make very good money waiting for the exact trade setup to occur.  

Ah well....Another trade will come along.

Final post for today.

After sitting in front of  3 trading screens since 3 am, I called it quits at about 8:30am.

Final Stats for the trading week ending April 17, 2015
Pips Earned: +250.8
ROI: +6.78%
Million Dollar Goal Date: November 6, 2015


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