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[Trading Journal] Nasdaq Short Position Review: The Cost of Subjective Counter-Trend Trading

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Hello! I'm WBT from the Chartinfo team. Today, I want to review my Nasdaq (NQ) futures trade from April 30, 2026. Unfortunately, it ended up hitting my stop loss, but this failure really hammered home some ironclad rules I need to stick to as a trader. Trade Setup and Result: Right Direction, Wrong Timing While NQ futures were on a continuous bullish rally, I figured it had reached a point where a pullback was overdue, so I entered a short position at 27,446.94. The RSI was sitting in the overbought zone on both the 15m and 1h timeframes, and I used the top of the ascending channel as my resistance entry. Sadly, the price wicked my SL (Stop Loss) around 27,549 before it actually started dumping. My directional bias wasn't wrong, but I ended up locking in a $20 loss anyway. Painful Mistake 1: Limited Capital and a Tight Stop Loss My first mistake was setting my SL way too tight. Since our prop trading capital was super limited at just $500, I couldn't handle too much risk an...

How to Choose a Reliable Forex Broker: My 5-Step Safety Criteria | CHARTINFO

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As a financial content creator and a trader, my top priority is the "safety" of my followers. In the world of trading, your broker is your partner. If the partner is unreliable, no amount of technical analysis can save your capital. Today, I am sharing the 5 strict criteria I use to evaluate and select my official partners at CHARTINFO. 1. Regulatory Compliance (Tier-1 Licenses) I prioritize brokers regulated by top-tier financial authorities such as the FCA (UK), ASIC (Australia), or CySEC . This is your first line of defense to ensure your capital is protected and the firm operates under transparent global standards. 2. Withdrawal Transparency & Speed The most important test for any broker is how they handle your money. I strictly filter out platforms with complex or delayed withdrawal processes. If a broker does not guarantee transparent and swift withdrawals, it is an automatic "no" from me. 3. Cost Efficiency (Spreads & Rebates) Trading is a game of pr...