I ended up deciding to can trading QQQQ on a 1 minute chart because it didn’t meet my goals. So now I’m back to trading QQQQ on a 5 minute chart, and I will paper-trade it until at least next Monday. I decided to go with paper-trading it because of the short holiday week. I may dive into trading it next Monday, but right now I’m not sure.
Today I did good. I think I am now fully out of my mental rut, too bad it’s a short trading week :(. I jumped out of the 3rd trade because it had gone flat for too long, the 1st trade I tightened my gain by $.02, and the 2nd trade hit my initial stopgain. I’m glad I got out of the 3rd trade when I did because my internet crashed on me shortly after my exit.
Totals for the day
QQQQ 5M: (+.88%) paper-trading
All times on the chart are mountain standard time
Here is a video clip of my trades so you can pause and look at my entries/exits at the time I did them:
10k strategy: (0%) ($0)
Went out elk hunting yesterday, almost had 1 but she smelled us and ran off :(. We also ran into a TON of deer, here are some pics: