Recent content by nimble

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    Thinkorswim Prodigio RTS

    e-mail prodigio@thinkorswim.com to add yourself to a list. I was told beginning of February it is still being "debugged".
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    Characteristics of a Successful Trader

    A great thread to read for the start of my new year. Thanks for sharing. Making it in trading is none other than self-awareness, self-control and risk aware. We can only control our hands, our risks, but not the markets and not our profits. I think successful trader has a system that...
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    Maintaining discipline

    2 Trades today. First long trade I averaged at a profit. Closed half close to morning high. Second half stopped out below system's trailing stop. I left it loose because we looked like we have momentum. Re-entered the 1/2 long position later in the afternoon and again hoped for a scroll...
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    Maintaining discipline

    Hi 4D, I am glad you read my journal and actually enjoys it ;) I do often think about my journal these days when I make trades, like "This is going to suck if I write this on my journal." That thought sometimes stop me from doing something unplanned. You are right. Yesterday Thursday was...
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    Maintaining discipline

    3 trades today. Today is a relatively high odds day. So larger than usual size. First short one stopped out at small loss. If I had broken rule and taken profit I would have had quite a good few points. Second short. A few points, full size. I got greedy so I loosened my trailing stop...
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    Maintaining discipline

    A vivid description of how to screw up what was a very easy trend down day... (in hind sight) I have done much worse many times, ending a day like this with a huge loss averaging down and doing plenty of unplanned trades. So if there's any consolation for myself, this is an improvement...
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    Maintaining discipline

    Messy trading today. First of all, system says this was a low odds day so I should not have traded. But the gap down made me think we will have more to go. Waited for 45 minutes for first short. Earned a few points with small size. Then my hands got itchy and I went long because my...
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    Maintaining discipline

    Missed first signal of the day because I decided to wake up late. Took the second signal, and closed out for very small profit. Did not "take profit" and left 2/3 profit on the table. The system's rule is to trail stop, but I think I need to experiment a little on which days I should take...
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    Maintaining discipline

    Shorted at open, closed before report. That left 1/2 profit on table. It was a late signal, so I should not have done the trade. But I had a very strong feeling we are going to flush so in some sense, this was a gamble. And I should have gambled all the way with the trailing stop. Bought...
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    Maintaining discipline

    Woke up late. Shorted once in the morning, and stopped out with small loss. Since we are choppy, I decided to leave the rest of the day alone.
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    Maintaining discipline

    Woke up very early in the morning to sell the gap down. System said signal was late, and I decided to wait for next signal. It turned out short at open and out in an hour would have been a great trade. Missing this trade was a real shame because it was a high odds trade and I would have...
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    Maintaining discipline

    Nodoji, congratulations on taking action! If you are not already doing so, try identify the exit point before you enter the trade. Ammo, can you rephrase what "taking singles" mean?
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    Maintaining discipline

    Today 3 trades. Short side. First one was easy. Followed exit rule and that took away 1/2 my profit. Second one followed entry rule otherwise I would have had better entry price. Followed exit rule and that took away 1/3 my profit. Third one, I took a very small profit because after...
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    Maintaining discipline

    That's a great tip. Someone told me to keep talking to the "invisible student". When I trade, talk it out loud as if I am teaching someone to trade. Teachers are suppose to "do the right thing" :)
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    Maintaining discipline

    Two shorts in the first 1.5 hour Second short I averaged at a profit. A very nice short just came about 20 minutes ago and I was not at my desk. Since I missed this trade, I am itching to chase the short. But I still remember what happened when I did that last week. I know, I am...
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