Quote of The Day "I had reached the point at which I was no longer afraid to die. This spirit made me a free man in fact, while I remained a slave in form."
-- Frederick Douglass
While 45 may not recognize the words, the man or his current state, I do (may he rest in peace).
But I digress...
The words of Mr. Douglass apply to your trading life as well... with a bit of modification of course. The moment you are no longer afraid to accept a loss, you have stepped outside the Matrix...
When your losses live comfortably inside your wins, you're free...
Financially at least...
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ES 15m Price put in a surprising performance today... It took off at the beginning of the cash market... and never looked back. |
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SPX Index Daily Price found support at 2800...again. |
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SPXL [Leveraged SPX Index] Daily $48 is good support here... and reacted to it. |
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| TAOST Bias Equity Curve This would make the average person pretty happy. |
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| TAOST Bias Trade Results It should be pretty clear that the expectancy here is positive. |
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| TAOST Bias -- Account Balance $5,230 A net loss on the day for the Bias... -12 ticks. Interestingly, I was a net loser because I deviated from my setup... twice [thus the 2 zero grades]. Otherwise, I would have made my Daily Goal.
Still, my overall process was a winner... If you can balance 4 tick loss trades with 20 tick win trades, you can definitely average a TAOST Black Ratio™ above 2... and make some money to boot.
Click to see Bias Trades... |
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Chart of The Day
Apple, Inc [AAPL] is today's chart of the day... again. Apple is the first company to cross the trillion dollar market cap mark...
But to the price action it matters little. |
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As always, make up your own mind and mind your risk no matter what you do.
KIS,
The Trader
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Copyright The Art of Simple Trading, LLC 2018 All Rights Reserved |
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