December 6, 2018 Raffaele

I am trading day 16 of The Gauntlet challenge with Earn2Trade.

…and how is it going?

S&P500 short : +50 ticks

08:00 – S&P500 has moved down overnight due to news about the Tradewars between China and USA, so I enter a short order to take advantage of this bearish sentiment.

11:22 – I exit with a nice profit when price shows to lose strength.

better wait for the US market to open and see if another opportunity arises.

Gold short : +5 ticks

Sierra cancelled again my bracket orders overnight.

So I didn’t get stopped out and in a profitable trade this morning, I’ll let it run towards S3.

Price moved down to 1240 but then retraced up to Pivot P, Slope Rider has colored in a candle so I’m exiting the trade with a tiny profit.

S&P500 short : +30 ticks (too many trades to list here)

14:00- I have played S&P500 on short sentiment at the US markets open today, but I don’t recommend anyone doing so…in fact it’s in my trading plan to avoid this because the volatility can be very high and too risky. I traded about 10 orders, I won’t list all of these here, suffice to say I closed with a nice profit and now I closed the chart window!

Gold short : +20 ticks

16:30 – price moved up after some not so positive data release for the US economy, now the Slope Rider has colored in quite a number of candles in the 15′ chart, price broke below pivot R2, and has fired the signal for a short trade so I’m in.

19:13 -price hit pivot R1 and seem to bounce, I’m taking profit.

It’s hard to trade and all day, maintain focus and calm, especially hard on a day where price is fuelled by news like today.

It’s even harder to document all the trades and update this website.

At the same time I have another job online I fulfill (4 hours of that as well today).

So please accept my apologies for being unable to account for all trades, fact is: total for the day=+946$!

All of this trading always just 1 contract!

see screenshot of my Rithmic with the P/L for the day here on the right.

Today I played the news! Do I recommend you doing it? No I don't!

And yet, the markets will give you only so many opportunities throughout the year: learn to make the most of them!

So visit the dedicated page to learn more about The Gauntlet by Earn2trade.

p.s.

I’ve renounced my affiliation fee to obtain a juicy 20% discount for you on the cost of The Gauntlet! 😉

Let me help you find your freedom.