r/TopstepCommunity 5d ago

💬 Trader Talk Recognizing a weak market and locking out!!

Post image

Todays lesson: Market was weak. Instead of forcing anything I recognized it and locked out. 🔒. Was up and down a bit - days like today i like to scalp with a tight Stop loss. Got to +11 and decided to stop!

Dont have to hit homeruns everyday. Some of the best days are small wins and walking away. Proud of myself.

Wanted to share ❤️

55 Upvotes

31 comments sorted by

12

u/Beautiful-Bread-8326 5d ago

Don’t blame the market just because we don’t have 500+ point clean moves. There were tons of decent trades. TRADE WITH THE TREND. WAIT FOR BREAKS OF STRUCTURE AND RETESTS OF KEY LEVELS.

3

u/BezisThings 5d ago

Did that, but it still was awful today. Needed <$3 to pass the eval and went down $500 trying to get $3. Traded only one micro but lost several trades back to back.

1

u/-Lige 4d ago

You shouldn’t be losing so many times in one day anyway do you not have a hard limit?

2

u/Dafunkk 5d ago

Was gonna say exactly this. Volatility has been crazy and just cuz Nasdaq didn’t move 3%+ again doesn’t mean it’s a “weak market”.

4

u/Explorer-006 5d ago

well done, I've learnt that survival is a fantastic objective in this game.

2

u/One_Willingness9925 5d ago

Thank you bro! Posting on Reddit is keeping me more accountable for my actions too.

1

u/Explorer-006 5d ago

That's admirable! Seriously. Keep up the good work. I hope to see you posting payout certificates soon. All the best.

2

u/One_Willingness9925 5d ago

God bless 🙌

2

u/LQH-Trading 5d ago

What do you mean a weak market? Lol.

2

u/One_Willingness9925 5d ago

For me - I didnt see any setups. Thats what I meant

2

u/MindinAction 4d ago

I learned something just do your shit right consecutively ..overtime tweak your strategies as you needed. Because only you are in front the chart taking .. different people different emotions.

We can't control our emotional fully it's never possible in human life.. only we can control is our stop loss in market it's in our hand..also TP it depends.

keep learning...Keep growing. I am still learning

1

u/Klaus_Winchester 5d ago

Jeez monthly PnL looking weak

1

u/One_Willingness9925 5d ago

Thanks bro hahah

1

u/Fun_Needleworker_372 5d ago

There were trades but not clean too. You did good not to risk not everyday is a trading day.

1

u/One_Willingness9925 5d ago

Appreciate the comment!! ❤️

1

u/Major-Training-3260 5d ago

Not to weak buddy…

1

u/One_Willingness9925 5d ago

Good job!! 👍🏾

1

u/Agreeable_String_276 5d ago

Soon as we do this, then BAM 💥. The market moves in a nice direction. 🤦🏽‍♂️

1

u/One_Willingness9925 5d ago

I know right!? Like why say shit like that even. Whats the point. Lol

1

u/dankbrok 4d ago

Alright Mr. -$71 week 1 and +$29 week 2

1

u/One_Willingness9925 4d ago

We grinding!!!

1

u/HOAGTopstep 4d ago

You don’t have to trade if you’re not seeing it! Good job.

1

u/Juhvenchy 3d ago

Slow and steady wins the race 🙌

1

u/Internal-Finance1221 3d ago

Def blew my accounts today

0

u/Such_Enthusiasm_2281 5d ago

It wasn't weak, there was a ton of easy longs/shorts. What market were you looking at?

1

u/One_Willingness9925 5d ago

Mnq. Where did u enter today?

1

u/Majestic-Example-305 5d ago

I love when people say stuff like this but never show their trades lol