[$100 TRADING JOURNAL #0002 | 2025/04/04]
Journal of $100-equity-and-futures-only trader, starting from April 01, 2025.
Current equity : $240
Surviving crash in Trump Tariffs day with small profit, but it is always better than loss.
Lesson #2 : Follow trend, either long or short, at your most convenience timeline.
My previous trading experience was in stocks market, therefore better for me to recognize long pattern (when price will go up) with certain indicator.
If there any trend reversal on my timeline (I use 15 mins), position will be closed without any further consideration. You always could check shorter timeline (e.g: 3 or 5 mins) to identify trend reversal earlier.
If you guys have indicator to identify short pattern, would be great if you could kindly share since I can't figure out the short trend yet.
I guess thats all for trading today, so see you on the next journal and I will give more practical lesson for fellow trader.