I'm going to start posting here again.
I've been on a hiatus from posting because I've been learning Market Profile and its companion, Volume Profile.
It's been an arduous journey so far, but I think I am on my way to finally becoming a consistent profitable trader. I still have much to learn. This journal will be a repository for that knowledge.
If, you've read anything I've ever posted before, you know I have been profitable and then not. Its been a very frustrating and seemingly almost impossible task to become and stay profitable.
But today, while I lost 1% in the market, I finally think its possible FOR ME to be the trader I've always dreamed of being.
You will notice all my prior posts are gone. I archived them all. This blog is now about my market and volume profile journey.
I will focus on essentially three things;
1. Entering at the edges as best I can
2. Extreme risk control in terms of size verse required stop
3. Money management in terms of increased INITIAL position size when account size warrants and adding to trades as they progress.
I'll try to get my homework charts up prior to the trading day starting or at least take pictures of them after the homework is finished and then a post trading wrap up picture or video. The videos might come less often due to my schedule but I will when I can.
On a side note, I have switched to Sierra Charts because of how well it creates and handles profile charts. Once I did this, I noticed how incredibly stable the platform is. You might consider moving over to SC. I resisted but in the end, I'm glad I did.
Lastly, I intend to report winners and losers in terms of account size percentages. This is a more accurate manner to report earnings because its consistent across all account sizes.
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