Thursday, August 29, 2013








ES


NQ


I am currently offering 3 coaching session for an introductory price of $200 for traders who are new/struggling/or simply looking to increase current performnce.  I am serious about helping traders move from struggling to consistent. I have done this for many traders. I can help you do it too.  You can email me at TRADENPERFORM@GMAIL.COM Testimonials can be found here:  http://traderperformcoaching.blogspot.com/p/testamonials.html




Trading of securities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Commentaries are educational in nature and are designed to contribute to your general understanding of financial markets and technical analysis. Use it how you want and at your own risk. I am not a registered investment adviser. This information is a general publication that reflects my opinion and is not a specific recommendation to any one individual. You must consult your own broker or investment adviser for investment advice. Controlling risk through the use of protective stops is essential

ES TRADE REVIEW FOR 08-28-2013



“Vision is the art of seeing what is invisible to others.”



ES:



NQ:




I am currently offering 3 coaching session for an introductory price of $200 for traders who are new/struggling/or simply looking to increase current performnce.  I am serious about helping traders move from struggling to consistent. I have done this for many traders. I can help you do it too.  You can email me at TRADENPERFORM@GMAIL.COM Testimonials can be found here:  http://traderperformcoaching.blogspot.com/p/testamonials.html




Trading of securities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Commentaries are educational in nature and are designed to contribute to your general understanding of financial markets and technical analysis. Use it how you want and at your own risk. I am not a registered investment adviser. This information is a general publication that reflects my opinion and is not a specific recommendation to any one individual. You must consult your own broker or investment adviser for investment advice. Controlling risk through the use of protective stops is essential

Tuesday, August 27, 2013

ES TRADE REVIEW & COACHING SESSION FOR 08-27-2013







I am currently offering 3 coaching session for an introductory price of $200 for traders who are new/struggling/or simply looking to increase current performnce.  I am serious about helping traders move from struggling to consistent. I have done this for many traders. I can help you do it too.  You can email me at TRADENPERFORM@GMAIL.COM Testimonials can be found here:  http://traderperformcoaching.blogspot.com/p/testamonials.html




Trading of securities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Commentaries are educational in nature and are designed to contribute to your general understanding of financial markets and technical analysis. Use it how you want and at your own risk. I am not a registered investment adviser. This information is a general publication that reflects my opinion and is not a specific recommendation to any one individual. You must consult your own broker or investment adviser for investment advice. Controlling risk through the use of protective stops is essential

Monday, August 26, 2013

ES VIDEO REVIEW & CAOACHING SESSION FOR 08-26-2013


It is not the strongest of the species that survives, nor the most
intelligent, but the one most responsive to change.”
Charles Darwin






I am currently offering 3 coaching session for an introductory price of $200 for traders who are new/struggling/or simply looking to increase current performnce.  I am serious about helping traders move from struggling to consistent. I have done this for many traders. I can help you do it too.  You can email me at TRADENPERFORM@GMAIL.COM Testimonials can be found here:  http://traderperformcoaching.blogspot.com/p/testamonials.html




Trading of securities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Commentaries are educational in nature and are designed to contribute to your general understanding of financial markets and technical analysis. Use it how you want and at your own risk. I am not a registered investment adviser. This information is a general publication that reflects my opinion and is not a specific recommendation to any one individual. You must consult your own broker or investment adviser for investment advice. Controlling risk through the use of protective stops is essential

Saturday, August 24, 2013

ES TRADE REVIEW & WHY I DONT MOVE MY STOPS 08-24-13


“The successful warrior is the average man, with laser-like focus.” 
— Bruce Lee





ES:


I am currently offering 3 coaching session for an introductory price of $200 for traders who are new/struggling/or simply looking to increase current performnce.  I am serious about helping traders move from struggling to consistent. I have done this for many traders. I can help you do it too.  You can email me at TRADENPERFORM@GMAIL.COM Testimonials can be found here:  http://traderperformcoaching.blogspot.com/p/testamonials.html




Trading of securities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Commentaries are educational in nature and are designed to contribute to your general understanding of financial markets and technical analysis. Use it how you want and at your own risk. I am not a registered investment adviser. This information is a general publication that reflects my opinion and is not a specific recommendation to any one individual. You must consult your own broker or investment adviser for investment advice. Controlling risk through the use of protective stops is essential

Thursday, August 22, 2013

ES TRADE REVIEW FOR 08-22-13







Today was a trend day up and I pretty much miss rerad it out of the gate.  Today was also the re-introduction of the WHITE ZONE.  I had pulled it for the last two weeks because the rotations off the zones had become so small it was not worth taking.  The last few days have seen a return of the rotations so the zone returns.  

The WHITE ZONE is simply a divider of control between buyers & sellers.  Above the buyers have control- below sellers have control.  We opened just below the WHITE ZONE & i normally will take a contra trade the first move into the WHITE ZONE.  As there was only a brief rotation down before launching through the zone I ended up taking a full stop on the trade.  That is the risk of taking the trade right off the open.  As it is a very high percentage trade for me it is a risk I am more than comfortable with each & every time & will take it as long as my numbers support it. Today the trade cost me 4 points.  

The failure on my part to read the trend day up pretty much cost me the balance of the day.  The first zero $TICK reading is normally a very good entry point on trend day up.  Again,  since i was off on the trend day read I missed the entry.  I had take a short in the purple zone above the WHITE ZONE but was unable to cover for 8 ticks (went bid but was not able to fill) and I moved the stop to be & the trade was taken out.  

My rules call for me to halt trading if I have two losing trades back to back.  As I did not lose on the second trade I continued to take risk as the market moved higher.  I placed a trade at the very back of the purple zone & was stopped for a 2.5 loser; putting me down 6.5 for the day.  I finally took a trade on an extreme tick reading right at initial resistance and was able to take 7 ticks on the first half & approximately 4 on the second half.  I expect responsive sellers at Initial Resistance & they were found there,  eventually rotating the market down 6+ points.   That left me down 3.5 points for the day & I had enough.

Takeaways from the day.  1) Trend days up can be very profitable if Identified early but for those who do not recognize it early and who do not have tight stop controls-they can be very damaging.  The rotations tend to be very small & the tendency is to close at the high of the day.  Fighting it all day can kill an account.

2) Trend days are rare,  so if you missed today hopefully you had good money management and will live to trade another day.  

3) Notice how my loss today is smaller than my average up day.  I should get plenty of opportunity tomorrow & be bale to close out the day strongly. 

4) If trading close to the open is difficult because of the speed involved it is always ok to simply to opt for the zones 6-10 points or more away.  As the market moves away from the WHITE ZONE the influence of the WHITE ZONE is less & less.  Contra trades can have bigger moves and the speed of the moves can be a bit slower than what we experience near the open.  Today's Initial Resistance Zone is an excellent example of this. 

5) When the markets ranges expand significantly it can be very intimidating, which inturn can entice you to leave your trade plan or increase fear responses.  It is ok to skip a day or two to make sure ranges return to normal or to reduce trading size in this environment   Fear can wreak havoc on the mind and a trade plan.

I hope this review helped.  Remember,  this is a game of stacking chips and minimizing down days.  ANYONE can trade consistently and grow a trading account.  Simply have an edge and a plan to exploit it.  I hope everyone did well,  we get to do it all over again in the morning. 

Good night & good luck.  See you in the AM.  




I am currently offering 3 coaching session for an introductory price of $200 for traders who are new/struggling/or simply looking to increase current performnce.  I am serious about helping traders move from struggling to consistent. I have done this for many traders. I can help you do it too.  You can email me at TRADENPERFORM@GMAIL.COM Testimonials can be found here:  http://traderperformcoaching.blogspot.com/p/testamonials.html




Trading of securities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Commentaries are educational in nature and are designed to contribute to your general understanding of financial markets and technical analysis. Use it how you want and at your own risk. I am not a registered investment adviser. This information is a general publication that reflects my opinion and is not a specific recommendation to any one individual. You must consult your own broker or investment adviser for investment advice. Controlling risk through the use of protective stops is essential

Wednesday, August 21, 2013

ES & NQ VIDEO TRADE REVIEW & COACHING SESSION FOR 08-21-2013










ES:


NQ:


 I am currently offering 3 coaching session for an introductory price of $200 for traders who are new/struggling/or simply looking to increase current performnce.  I am serious about helping traders move from struggling to consistent. I have done this for many traders. I can help you do it too.  You can email me at TRADENPERFORM@GMAIL.COM Testimonials can be found here:  http://traderperformcoaching.blogspot.com/p/testamonials.html




Trading of securities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Commentaries are educational in nature and are designed to contribute to your general understanding of financial markets and technical analysis. Use it how you want and at your own risk. I am not a registered investment adviser. This information is a general publication that reflects my opinion and is not a specific recommendation to any one individual. You must consult your own broker or investment adviser for investment advice. Controlling risk through the use of protective stops is essential


Tuesday, August 20, 2013

ES & NQ TRADE REVIEW & BRIEF COACHING SESSION ON BUILDING AN ACCOUNT



Trust yourself. Create the kind of self that you will be happy to live with all your life. Make the most of yourself by fanning the tiny, inner sparks of possibility into flames of achievement.
Golda Meir 



ES:

NQ:



 I am currently offering 3 coaching session for an introductory price of $200 for traders who are new/struggling/or simply looking to increase current performnce.  This is a significant discount!  I will also give a refund for 2/3 of the fee if you feel you will not get a value out of the session.  I am serious about helping traders move from struggling to consistent. I have done this for many traders. I can help you do it too.  You can email me at TRADENPERFORM@GMAIL.COM Testimonials can be found here:  http://traderperformcoaching.blogspot.com/p/testamonials.html



Trading of securities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Commentaries are educational in nature and are designed to contribute to your general understanding of financial markets and technical analysis. Use it how you want and at your own risk. I am not a registered investment adviser. This information is a general publication that reflects my opinion and is not a specific recommendation to any one individual. You must consult your own broker or investment adviser for investment advice. Controlling risk through the use of protective stops is essential

Monday, August 19, 2013

ES & NQ TRADE REVIEW FRO 08-19-2013




ES:



NQ:


I am currently offering 3 coaching session for an introductory price of $200 for traders who are new/struggling/or simply looking to increase current performnce.  This is a significant discount!  I will also give a refund for 2/3 of the fee if you feel you will not get a value out of the session.  I am serious about helping traders move from struggling to consistent. I have done this for many traders. I can help you do it too.  You can email me at TRADENPERFORM@GMAIL.COM Testimonials can be found here:  http://traderperformcoaching.blogspot.com/p/testamonials.html



Trading of securities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Commentaries are educational in nature and are designed to contribute to your general understanding of financial markets and technical analysis. Use it how you want and at your own risk. I am not a registered investment adviser. This information is a general publication that reflects my opinion and is not a specific recommendation to any one individual. You must consult your own broker or investment adviser for investment advice. Controlling risk through the use of protective stops is essential

Saturday, August 17, 2013

ES & NQ TRADE REVIEW FOR 08-17-2013









INDIVIDUAL CHARTS FOR ES & NQ CAN BE FOUND BELOW
S/R ZONES POSTED PRIOR TO MARKET OPEN DAILY!

"Most important lesson of the day the day: The best trades can be found were most are most afraid to take them."  -Simon

I I am currently offering 3 coaching session for an introductory price of $200 for traders who are new/struggling/or simply looking to increase current performnce.  This is a significant discount!  I will also give a refund for 2/3 of the fee if you feel you will not get a value out of the session.  I am serious about helping traders move from struggling to consistent. I have done this for many traders. I can help you do it too.  You can email me at TRADENPERFORM@GMAIL.COM Testimonials can be found here:  http://traderperformcoaching.blogspot.com/p/testamonials.html

ES:

NQ:




Trading of securities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Commentaries are educational in nature and are designed to contribute to your general understanding of financial markets and technical analysis. Use it how you want and at your own risk. I am not a registered investment adviser. This information is a general publication that reflects my opinion and is not a specific recommendation to any one individual. You must consult your own broker or investment adviser for investment advice. Controlling risk through the use of protective stops is essential

Friday, August 16, 2013

ES TRADE REVIEW FOR 08-15-2013








I am currently offering 3 coaching session for an introductory price of $200.  This is a significant discount!  I will also give a refund for 2/3 of the fee if you feel you will not get a value out of the session.  I am serious about helping traders move from struggling to consistent. I have done this for many traders. I can help you do it too.  You can email me at TRADENPERFORM@GMAIL.COM Testimonials can be found here:  http://traderperformcoaching.blogspot.com/p/testamonials.html


Trading of securities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Commentaries are educational in nature and are designed to contribute to your general understanding of financial markets and technical analysis. Use it how you want and at your own risk. I am not a registered investment adviser. This information is a general publication that reflects my opinion and is not a specific recommendation to any one individual. You must consult your own broker or investment adviser for investment advice. Controlling risk through the use of protective stops is essential

Wednesday, August 14, 2013

ES & NQ TRADE REVIEW FOR 08-14-2013

“Everything you can imagine is real.” 



10 THOUGHTS ON THE DAY

1. SIDEWAYS MARKETS TIRE/FRUSTRATED INEXPERIENCED TRADERS INTO MAKING ERRORS

2. NEEDING THE MARKET TO DO SOMETHING DOES NOT CREATE AN OBLIGATION ON BEHALF OF THE MARKET TO DO ANYTHING

3. ALL YOU NEED IS ONE GOOD TRADE

4. YOU DON'T NEED TO KNOW WEATHER OR NOT A TRADE WILL BE PROFITABLE IN ORDER TO TAKE THE TRADE / ONLY THAT YOU HAVE AN EDGE

5. DO YOU KNOW YOU HAVE AN EDGE OR ARE YOU GUESSING?

6. JOURNALING IS NOT THE SAME AS DRAWING LINES ON A CHART

7. WANTING TO MAKE MONEY IS NOT THE SAME AS NEEDING TO MAKE MONEY

8. BE HONEST WITH YOURSELF, CAN YOU ACTUALLY FOLLOW YOUR OWN RULES

9. ITS AUGUST, HISTORICALLY, IT HAS NO FOLLOW THROUGH AND ITS SLOW; TO EXPECT OTHERWISE IS LIKE WANTING THE SUN TO RISE IN THE WEST, ITS FINE TO WANT, JUST REALIZE, NOT LIKELY TO HAPPEN

10. THERE ARE OTHER THINGS TO DO BESIDES TRADE; TRADING IS INTENSE FOR MOST, I FIND TAKING SOME TIME TO SPEND AN EXTRA HOUR WITH SOMEONE YOU LOVE OR DOING SOMETHING YOU ENJOY WILL REFRESH YOUR MIND AND BRING BALANCE TO YOUR DAY. THE MARKETS WILL BE FAST SOON ENOUGH. 

ES:




NQ:



IF YOU WOULD LIKE TO LEARN HOW TO TRADE LIKE A PRO, CONSISTENTLY BUILDING PROFITS IN YOUR TRADING ACCOUNT.  I AM OFFERING  A INTRODUCTORY PACKAGE OF THREE ONE TO ONE SESSIONS FOR ONLY $200. (normally $125 per hour)    TRADENPERFORM@GMAIL.COM


Trading of securities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Commentaries are educational in nature and are designed to contribute to your general understanding of financial markets and technical analysis. Use it how you want and at your own risk. I am not a registered investment adviser. This information is a general publication that reflects my opinion and is not a specific recommendation to any one individual. You must consult your own broker or investment adviser for investment advice. Controlling risk through the use of protective stops is essential

Tuesday, August 13, 2013

ES & NQ VIDEO TRADE REVIEW FOR 08-13-13





ES:




NQ:



IF YOU WOULD LIKE TO LEARN HOW TO TRADE LIKE A PRO, CONSISTENTLY BUILDING PROFITS IN YOUR TRADING ACCOUNT.  I AM OFFERING  A INTRODUCTORY PACKAGE OF THREE ONE TO ONE SESSIONS FOR ONLY $200. (normally $125 per hour)    TRADENPERFORM@GMAIL.COM


Trading of securities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Commentaries are educational in nature and are designed to contribute to your general understanding of financial markets and technical analysis. Use it how you want and at your own risk. I am not a registered investment adviser. This information is a general publication that reflects my opinion and is not a specific recommendation to any one individual. You must consult your own broker or investment adviser for investment advice. Controlling risk through the use of protective stops is essential

Monday, August 12, 2013

ES & NQ TRADE REVIEW FOR 08-12-2013

“My heroes are the ones who survived doing it wrong, who made mistakes, but recovered from them.”
-BONO


A few notes from today.  No need to do an in depth trade review when essentially we had one move. 

1) The rotations in the opening move are making the 2 point trades difficult out of the gate.  Its simply a function of very few market participants.  I normally don't care about volume, but this is pretty bad. 

2) This mirrors my same performance in August of last year (ok, but not great) , many of the best moves were in the Globex session.  I no longer trade crazy hours so I will have to let that go.  

3) Trade at support levels after good rotations (read more than 6-8+ points) have provided good trade opportunities and tick divergence has been very effective at signaling when those opportunities are being presented.

4) ES is making a series of lower lows and lower highs,  just an observation worth noting,  its not ominous in and of itself. 

5) Its options expiration week & it would not be a shock to see a theta burn (per my friend @eminiwizard) 

6) Very few traders do well in a slow burn environment   its really hard to do nothing, even when its very profitable.

7)  Hearing from traders who use tight stops that they are getting KILLED in the afternoon chop.  Dont get killed, go to a movie, read a book

8) Its ok not to trade,  there are other ways to still work at trading without risking your capital.  There is no law that says you must trade everyday.

9) This is not out of the normal,  August is a slow month. 

10) I will trade tomorrow,  but only if the opportunity is clear and I have a good rotation.  I pretty much just like making money,  trading is just how i do it.  I only need one good trade and a hallmark of a good trader is identifying when subtle shifts need to be made.  I want to be clear on this, The zones are not the problem,  they are fine.  The lack of rotation, even small ones, is a temporary issue that will disappear as soon as volume picks up.  In the mean time,  I can be a bit pickier.  

I hope everyone banked today,  I look forward to taking money from the market tomorrow,  goodnight all.  



NQ:




IF YOU WOULD LIKE TO LEARN HOW TO TRADE LIKE A PRO, CONSISTENTLY BUILDING PROFITS IN YOUR TRADING ACCOUNT.  I AM OFFERING  A INTRODUCTORY PACKAGE OF THREE ONE TO ONE SESSIONS FOR ONLY $200. (normally $125 per hour)    TRADENPERFORM@GMAIL.COM


Trading of securities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Commentaries are educational in nature and are designed to contribute to your general understanding of financial markets and technical analysis. Use it how you want and at your own risk. I am not a registered investment adviser. This information is a general publication that reflects my opinion and is not a specific recommendation to any one individual. You must consult your own broker or investment adviser for investment advice. Controlling risk through the use of protective stops is essential

Sunday, August 11, 2013

ES&NQ VIDEO REVIEW FOR BOTH 08-08 & 08-09-13 COACHING LOOK AT EFFECTS OF LOSING DAY/WINNING DAY



 

It would appear that you tube no longer directly allows me to post to blogger.  This is the video for part 1 & 2 below.

 
 


Thursday 08-08-13 :

ES:
 

 






NQ:

 
 


FRIDAY 08-09-201

ES:
 





 

 



NQ:

 

 


IF YOU WOULD LIKE TO LEARN HOW TO TRADE LIKE A PRO, CONSISTENTLY BUILDING PROFITS IN YOUR TRADING ACCOUNT.  I AM OFFERING  A INTRODUCTORY PACKAGE OF THREE ONE TO ONE SESSIONS FOR ONLY $200. (normally $125 per hour)    TRADENPERFORM@GMAIL.COM


Trading of securities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Commentaries are educational in nature and are designed to contribute to your general understanding of financial markets and technical analysis. Use it how you want and at your own risk. I am not a registered investment adviser. This information is a general publication that reflects my opinion and is not a specific recommendation to any one individual. You must consult your own broker or investment adviser for investment advice. Controlling risk through the use of protective stops is essential