Trade Video With Late Day Donation And Pen Launch

CLICK HERE FOR HD LIVE TRADE VIDEO WITH COMMENTARY

I have been having profitable mornings and then giving some back in the afternoons for the past few sessions.

Something that I am certain about in my trading tactics is that the market is often very efficient and even though there are many good setups throughout the day, only a few provide a true inefficiency to exploit.

I have had longs close to the lows each morning and taken 10-20 tick scalps even though I had an expectation of a larger run. This is part of my high probability tactic.

Today I was bullish and hit the initial long. I premise for the market to move up but did not see anything else I had conviction on until very late in the day.

My trading style is one of conviction. I could either hit all setups and play ratios or hit select areas and expect to win. I have found that simply playing ratios offers little edge in my own trading and perform better by hitting singles and doubles with high probability scalps.

Today was an example of seeing a late day trade that is often a winner for me any other time of the day. I usually do not trade after 3:30 PM EST unless I am already carrying positions because the price is prone to late day covering.

Today, I thought there could be a late day squeeze and was wrong. So I made a late day donation that halfed my profits from earlier in the day.

Since my new site under development is focused on reality trading I am posting the executions that went up on the new site today. There is audio from my side of some commentary I was doing throughout the day.

It is a little rough and includes a nice pen throw at the end of the video after I got irritated by my late day donation after stating it could be problematic with late day covering. You do not get this kind of stuff in simulated chat rooms.