@maxresilient@itsolelehmann People have always been poor for all of history till modern times and still had many kids. This has nothing to do with money. Look at wealthy people, they tend to have the same size families or less than poor
Almost got a great trade in today.
Was +400 on $IWM longs. Then it dropped and I never sold!
Took tiny profits but ended up breakeven on the day.
I've been trying to balance taking trims too early and holding long enough to get a good piece of the play but it's still tough
Two wicks off the level then enter on the ema retest (3 min ema not shown).
10 cons and got a nice +350 or so.
Good $IWM short for the day. $NQ and $ES were not great so glad I went here.
Crushed the entry.
Sweet premarket level retest and then chopped to death.
Could have taken some good profits at one point but wanted more so I ended with +150 here.
My level at 7673 was respected by price and I should have also.
#ES
@AdamWTrades Then you would just say the most disciplined people are the best traders which is likely true. I guess the most "disciplined" gamers might be the best but it's fun and addicting so not really the same thing.
Should not have traded today.
I knew I shouldn't have traded.
But I didn't want to miss out on a day of gains so I ended up taking a step back.
Entered on level retest but it was pretty extended and past my ideal trade time. - 270 on these longs
Crazy trade day.
Chop almost got me but pulled out a nice +370 day.
Cut this first trade early on $MNQ for - 120
Second trade was wild and I was a little dumb but ended up making about 500 off $MES here.
Down about 300 today.
First trade was a great level off MNQ but just didn't get enough trims.
Two trades after that were pure over trading, needed to wait for a direction but just sent it instead.
Easy fix. Don't Trade until a direction is established.
Couple losses today for - 300. First trade was good. Super weird wick though. Everything was off after that. Should have exited and just waited for a direction instead of trying to force shorts multiple times. $mes
$SPY triple bottom, longs on the Third bounce. Trimmed early cause of the chop. Happy to get out of this one with a decent gain, we will see if the runner gets anything crazy.
@AdamWTrades Have you kept track of how often your tight stop keeps you from profit? I would have set my stop above the lost recent high on the second one
@AdamWTrades Here is my actual trade today BTW. Used dip to ema as entry after it bounced off support. Very easy strategy if you can beat your brain (still working on that part) went low risk cause of Opex today.
$150 gain today on $MES. Went small cause of Opex but saw a setup I liked and took it. Trimmed early cause of Opex but happy to get another win. Good week.
@AdamWTrades No one thinks 100k a year is rich anymore. That's like decent salary but nothing special. 1M/year is insane money though so totally disagree there. 200k/year is extremely comfortable and probably buildikg great wealth.
Another premarket level play. Could have hit larger gains but did ok. Tried to enter again but ended up stopping out which hurt my day gains. Trimmed early cause spy was at support which it then held all day so had the right idea.