Last Day Of August

Nett Profit : $97++

Do you see the circle on AMZN and QQQQ. It's divergence when QQQQ made the double bottom, AMZN refused to do so. And that's the good sign of CALL.

Market Feeling:
Tomorrow will be a bull's head so Market seemed to ran out of BEAR. The Falling only came the first 30 min and then SLOWLY UP SIDEWAY !!!.

GS meanwhile became a market leader these days. Today's good for Scaling Down Play.

This One Should Remember :

Even last night was a disaster, I'll shall note my trade:
1. The most important thing : THE LOSS WON'T CHANGE ME, I AM STILL A CONSISTENT PROFITABLE TRADER. I AM AN EXCELLENT TRADER. AND I AM STILL PROFITABLE THIS MONTH. BEAT IT !!!
2. And then I'll start my improvement notes:
a. Beware of Market Reversal, especially when gap occured.
b. Focus on market each minute. The Theme may change and I must change too.
c. 30 min candlestick, tell me a lot.
d. Go with the market, and stick with the market.
e. Scaling down still work, though be careful with market reversal.
f. Volume is important.
g. Clear the position if Profit reached $100 when doing contrarian scaling down.
h. Time Frame is important.
i. Market Reading is still the best tools out there. You know what to do.
j. Make a detail journal.

That's for now, I feel much relieve now. See you at the TOP :)

Great Loss

Nett Loss : -$1138++

All Right, No more mediocre profit. Next Month I will double my account. We'll see.

A Reply from Great Trader

Ziad said...
Hi De'Trader,

Your trading method sounds very good to me. And your win rate is unbelievable! Good job man....

Good to see this reply over and over again. I don't care about narcist. I just care about making money...

Thursday Result

Nett Profit : $178++

I don't know what to say. Old school style again. No News, Flat Bear, Negative TICK. Market seemed too direct these days. Good Trade.

Wednesday Result

Nett Profit : $122++

Market Theme was slight bearish and then came the new house news rocketing the price. Like yesterday, after rocketing price went down to centre point ($84).

Tuesday Result

Nett Profit : $201++

Consumer Confidence was very good, Price jumped up irrational and got out at decent rational target. Price shot out $50 over my target and reversed suddenly. Got out already...Good Trade Today