Cody has over a decade of experience day trading the Emini S&P 500 (ES) and Forex markets and has worked personally with dozens of traders to help them achieve consistent profitability and make trading a full-time career.
Today was all about targets. I was only "right" half the time but it didn't matter. I targeted my trades well. In these Journal posts I've been talking about adaptability quite a bit recently and today was a case where the adaptable trader should have taken full advantage. Swings were large, momentum was high and […]
Here's something you don't see traders post very often - an actual losing day! While a lot of people try to dance around it the reality is that as a trader you will have losing trades and sometimes you will even have days where you ultimately end up a few points in the red. It's […]
I know I talk about it a lot in these Trading Journal posts but it's worth stressing again the importance of being adaptable as a day trader. In yesterday's post I discussed how having a bias and not adapting to new market information can really hold a trader back from finding opportunity and developing consistency […]
I sometimes think that the thing many traders struggle with the most is bias. They convince themselves that the market simply has to go in a certain direction or a trade will practically guaranteed to go their way and they block out all information to the contrary. In extreme cases, the reality check doesn't occur […]
I wouldn't exactly say things we're quiet on the news front last night but if you were just watching the Emini S&P 500 (ES) today you probably wouldn't have noticed. I suppose the market has already priced in some of the current and upcoming political uncertainty. Business as usual. Still, there was some good trading […]