Zen Trading Tech

Intro

• In this series I will review trades sent in by other traders
• I really appreeciate their courage to do so so we can all improve.

Video

• I made a video on this here:

Trade 1:

Suggested exercises to practice:

• Market Cycle: If you break the bear swing stop it becomes a trading range
• Buying high in a trading range is a bad idea
• Trading it like a breakout
• Size WAS small, until 7 scale ins?
• Don’t scale in intrabar – wait for information – exit or scale in
• Always in short, sells below the MA is high probability lower – L1 and L2

Trade 2:

Suggested exercises to practice:

• Different trader, same approach.
• Sizing – Too small, dont understand scaling – should have 6 positions – too complex maths
• Multiple scale ins on the same bar do not change probability
• Did not prepare for the worst case entry – huge bar against – exit, wait for 5 minutes and see if follow-through for trade in the new direction
• Emotional resilience

Trade 3:

Suggested exercises to practice:

• 2 Legged pullbacks – H1 and H2 – follow the strnoger spike
• Open gaps lead to trends
• Entry – both were weak – scalp too close to MA and MA was not correct
• Scale ins – intra-bar and too close
• Entered in the exact right place doing the wrong thing
• Exit points mean were not sure how to get out of trade – did not qualify it before getting in

Conclusion

• 3 Separate traders, all doing the same entry techniques – next video I will focus on a different area. But this is a common one I see.