Live Trade Video With Desk Cam And Commentary

CLICK HERE FOR HD VIDEO WITH AUDIO COMMENTARY AND LIVE DESK CAM

The new website should be ready later this weekend. I have a lot more to do with it but there is already quite a bit of good content.

I will continue doing posts here occasionally but will be focusing on frequent live videos and video blogging on the new site.

My goal is for reality trading. Good, bad, and ugly. I already have some pretty raw video in the tank from the past few weeks. Everything I do is being recorded.

I will supplement with detailed articles a few times a month on the site as opposed to daily blog post.

Here is an excellent video of a trade I had on Friday. It was a decent wholesale entry with the premise of looking for a squeeze.

I got the squeeze I was looking for then anticipated some follow through. In the video, I talk through exactly what I am seeing and thinking.

I start to get frustrated when the price stalls out and you can hear it in my voice. I was looking for a continued move up but my gut and experience was telling me to cover.

It is tough on the TF to hit moves greater then 20 or 30 ticks if they do not just explode. The ones that stall then blast off in your direction tend to shake you out at the last moment.

Then the ones you stubbornly hold repeatedly take back all the open equity. My best results come from letting the big moves happen naturally.

This makes for some frustrating 15-20 tick scalps off 50 tick moves. I did cover this trade for a scalp and it was the right thing to do.