Trade Review - September 2019

It’s been a while since I’ve done one of these.

I signed up for Triforce’s Tri Pro subscription that includes Hivemind alerts and have been trading them since September. This is the first time I ever made money following trade “alerts”. I hate even calling it that because it’s a system and not a “guru” telling you to buy/sell something. I am not being compensated in any way or asked to write this.

I haven’t been trading all of the alerts, just the @ES ones with the @MES contract and even then only some of the alerts. I still made enough trading the @MES contract to pay for the $130 subscription cost of September. Pretty awesome.

And while I’ve been live trading I am still working on my own algos for @ES. In one of his recent daily videos it gave me an idea and so far it looks promising. I wrote something over the weekend and it takes similar intraday trades compared to one of his algos. It needs a lot of testing before I ever trust it to trade live, but what I can do is let it output the necessary data and manually take the trades if I want to. I hate being this vague but I don’t want to give anything away.

For the most part I have stopped watching stocks all together. I fail to see the point in trading them when @ES has so much range and is open 23 hours a day. Why should I waste my time trying to find one or two stocks that have a perfect pattern?

The interesting thing about trading @MES futures is that I have no emotion when I’m down. With stocks it always feels like it’s going to collapse and I’ll be yet another bag holder. There’s always risk involved but I feel stocks, and especially penny stocks, have way more risk.

Take a look at this trade I took following the Ranger algo. I actually got in lower because I waited for it to dip again before entering. It doesn’t happen every time but can you really do this on stocks? You would have to be insanely lucky to find a penny stock that did this in a single day. Not to mention the amount of shares you would need to buy.

That’s it for this trade review. I’ve started trading the Hivemind and am still working on algos.

Ranger



Disclaimer

I am not a registered financial adviser/broker/anything. Use this information for entertainment/informational purposes only. Any tickers mentioned are not recommendations to buy/sell/or sell short. They are used as examples only.