Recent content by cornix

Taught me to cut losses, not marry single projects ("trades") etc. Stuff that's common for trading makes your balls made of titanium so that you rock in the "real" world. :D

Didn't make me much money, but taught me some great lessons that help a lot in life and business.

There's no such thing as a meditation if you're a buddhist. :)

Judging past from today's point of view occurs often, but is a biased thinking. Why didn't you trade on Friday? Probably you believed chances for good trades were not high? Probably you decided to take time off, doesn't matter how many good trades you miss? What did you think back then? Was it...

It's a very intense focus, decision-making and stress. One of the toughest jobs in the world in other words. :)

Spot on, Pekelo! :) I discovered this thread just a day ago otherwise could make a bet that you're right back then.

For yourself you could just keep a diary on your PC. You do it public for a reason.

For investors?

What's the purpose of your public journal then?

People start public forum threads when they expect discussion, including a lot of advice. I hope you understand it. :)

I'm just trying to help. :) Play it safer than you believe you should and you'll avoid a lot of pain.

Unfilled orders you otherwise consider as filled and consequently, missed trades (ironically, the best of all), can.

Emotional comfort is good, but you better play safe and know for sure what to expect when you go live. Believe me, surprises are mostly not pleasant. On paper account I always had perfect fills (not IB, faster futures platform, IB is terrible for quick fills actually), live I had some slippage...

Then just consider spread as if you paid it on entry legs. You have no underlying positions left after expiration ever?

Just in case, count your P&L as if you paid the whole spread on every leg in and out. This will make it more or less realistic (except if you execute at market, which can slip).