Epiphany -a moment of sudden revelation or realization.
The day our new traders realized how powerful patience is
Hm. I mean there isn't a lot to say today. Quite a crazy day from what one can see on the TV with events in Washington. But .... we don't do politics at Inteligex, we do trading. Today wasn't a great days trading. We got off to a nice start and a small trade for a $125 profit. Then nothing of note happened until the end of the live session. We took a short towards the end of the session and ended up only getting out of that trade for a loss - only our second in 2 months, and only $200 but it was not a great feeling.
It was a good day to learn but the lesson to learn was patience.
Not great but there was something very strange about these markets. As we said in the session we would trade again afterwards and finally we got a nice $800 trade away after the session. But let's be honest we had a 4 hour wait. Sometimes the first hour just runs like that, but it's mainly designed to educate anyway so it's no big deal to us .... we will be back again tomorrow to train and trade some more.
So not bad day - but it was a wild day in terms of the markets. We had a new high - after another amazing solid hour of nothing other than rising candles. A 50 point rise from the open in an hour. In the middle of a pandemic. Outside all our boundaries of probability. Then it settled down and we managed to get another trade away for a nice $800 profit. Then news of events in Washington broke and TBH we stopped trading.
We rarely trade when there are really unexpected major events happening and this was ... unexpected.
So we end the day .... +$120, -200 , +150
37 trading days of consecutive profits.
112 winning trades, 2 losing trades.
Trading room profits 2021: $2120
Last 10 trades:
WWWWWLWWLW
