Recent content by tlow

Not the way I wanted to start off the journal but here it is. Some things that have changed with me since doing my last journal is one, the amount of time I spent in front of the computer watching the day, and two, I don't even bother trading the first hour or so. In both cases, it allows me...

Hi Everyone, Been away from ET for awhile but I check things out from time to time. It looks like there are still some nuggets on wisdom being passed along so I thought I would start another journal. Here is my first try at day trading:Working on Consistent Profitability At the end of my...

Hey Guys, So I've decided to call it quits. Pretty bummed about it but ok with it. Last night and this morning, I was thinking more and more about how I was feel about day trading and the process. I've realized the past two weeks I really have not enjoyed trading at all and its getting...

i hope Matcha and KDASFTG dont mind, thought I would throw his/her quote up...pretty awesome words of wisdom and I definitely fall into a lot of this. For me as I've said before, Im really working on 2 fronts, the emotional front and trading front. Im a big believer in you only go as far as...

So quick update...I've spent the past two days really trying to figure out what is going on. I've come to a couple conclusions. 1.) Im just doing way to much while Im trading...I've got my trading journal, cognitive journal, notes, filling out trade sheet, analyzing PA, trying to manage a...

Finished up the day extremely crappy. I had a couple bad trades in a row and then got my a bit emotional and started deviating away from my rules. I did a better job of not completely getting out of control but it still wasn't good. I think my emotional swings are getting smaller but that...

Kinda bored so I thought Id give a midmorning update. Well I missed the breakout in early on...I woke up, did all my premarket stuff, thought I was ready to go...but I wasn't. Im really liking doing the cognitive journal. After I missed the b/o trade, wrote down a couple of notes in the cog...

^^^^^^^^ | | | | | | | | Thats my question Sorry I guess I was referring more to the slippage issue...your 10-15 tick stop might turn into a 20-30 ticks stop rather quickly :)

Uhhh, what happens when it bounces 60 ticks in one direction only to stop on a dime and then go 120 ticks in the other direction? :) Happens with inventories...I guess Im wondering if you guys have seen action like that when Bernake speaks or if its more of a non-event for oil.

Do you guys trade Mr. CL when Bernake speaks? Seems like its not quite the volatility like during inventories.

Man, I just keep screwing up enough just to shoot myself in the foot. I was actually really happy with my whole trading day up right until the end of the day. I was a bit late waking up and then had some domestic duties to attend to so i wasnt in front of my computer until about 7:30ish. My...

Hey Guys, Sorry I wasn't able to respond to some of your comments... I was hosting company over the weekend and away from my computer for the most part. Let me address some comments/issues: 1.) The "other" job...don't take this the wrong way, as I understand you guys have my best interest...

hmmmm....more stuff to think about... I would argue that although my stop is not "fixed" there is a max, normally its 15 ticks, the last couple of days I've pushed it towards the 20 tick range, but that makes me really uncomfortable so i've been trying to wait for set-ups that allow for my 15...

im not sure how to put this...basically, i like my stops to be above/below a local/minor/major s/r area for any given trade. If that s/r zone lies to far away, say 20 ticks, im not going to take the trade. So I guess my entries and stops go hand in hand. I can't really think about one without...