Back on simulator and back in profit.. what’s going on? S&P emini trading blog
I pulled a good trade today, went long at 128250 as the market pulled back to hit the 5 day MA on the 5 min charts. The MACD and Stochastic in both the 5 and 15 mins were all pointing the right way which made me more confident.
I targetted 128975 but when it hovered around 128900, I manually closed out at 128875 for 25 prices!!
However, this was all on the simulator (I went back to it yesterday after losses).. Now, this is very odd.. I do very well on simulator and lose on the live account. The results are quite profound, we are not talking about statistically insignficant or non clearcut results.. but concrete simulator = winning trades and live trading = losing trades.
I phoned up my trading mentor to discuss with him and I think the reason for the change is that with the live trading, I take a little longer to analyse my trade before I enter… by the time I enter, the market has already moved against me a few prices meaning that my risk/reward potential is immediately lower. I have noticed on the simulator, I just react to what I see and pull off the trade without hesitation.
Anyway, if I can keep it up, back to the live account on Monday!
