Recent content by doublea

-17 today on 3 trades, so basically I lost $5 and $12 was commissions. I have the tendancy to be impatient. I do good on Sim but not as good real time, because I am more patient on Sim and feel that I might miss the big move when I am trading real money, so I initiate the trade early. All 3 of...

-157 on 3 trades...

So knowing 1-3 years, how do we profit from it?

Not a good day P&L wise, but can't compalin after a long time. The first trade was a short at 7cst, it was a pullback after making a new low and I got stopped out for a loss. The first half hour is uaually a difficult time to trade for me since I've seen more quick moves in the opposite...

I am creating this to write down what I am looking at when I trade. I have traded in the past, and have been out for few years and tried again few months ago, and it's different and not going good. I am going to give this one last try and if this does not work-out, I'll be doing something else...

I haven't had the time to update this journal because I was out of the country. I tried trading from there and lost. There were 2 reasons for it. The past few weeks the markets were pretty volatile and there was no decent internet connection. I should have just enjoyed my time without thinking...

-376 week. This week has been one mistake after another. I entered early on Mon/Tues and Wednesday which resulted in losses. I usually enter 1 tick above the previous 5 min bar high but not sure what I was thinking. One of the problems with entering early and having a loss is that when the...

Trades

-246 today. 2 trades in the morning and 2 losses. I was expecting a reversal and went long but got stopped out with losses. I went back and looked at my charts and noticed that the reversals are usually storong as all the indexes are making new highs/lows. Today Russell was still trading...

+350 today. There was a divergence in the morning and I was expecting a reversal. I entered short but got stopped out with .5 loss on a trailing stop. I should have re-entered again at 62.5 but hesitated. Reversals are usually good for 10 points that I missed. The second trade was a weak...

Oh Please!! You keep asking people what their capital is but won't tell your capital when asked. With so many posts per day, I doubt if you even trade.

I'm not really concerned about the naysayers....I'm sure they will show up if I have few more losing days just to say, "I told you so".

I will certainly keep that in mind:D

Thanks...I use both indicator and price. Indicator to tell me when it is less risky to enter, but I always look for a confirmation from the price to actually enter the trade. I use divergence on multiple indexes and/or ETFs. The drawdown and win numbers look right.