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I agree. ES daily chart looks like today's res is it for a while. First pullback target 1122?

+$688 Long AAPL breakout through morning high. Closed out @ 221.37. Yes, $221.37. With my 20/20 hindsight, it seems like a darn silly place to exit a perfectly good trade. And then I didn't play the next breakout because I thought price was a bit "too high". Well, I have a friend here and...

Well I may have only made $9 simbucks with CL, but I had a great live AAPL trade this morning on breakout thru highs (looks like I exited that too soon, too). I suffer from severe Tradus Exodus Toosoonus.

and out. Used tight stop because it was a counter-trend trade

sh 80.99 stop to b/e

Ha, I just posted in CL Redux and then read this. Ain't that the crux of it all? We know that if we have an edge, it's just a probability game in our favor, yet it takes so long to really get there mentally.

Had a nice run with dog, good home-cooked dinner, followed by the "aha" moment that comes when you distance yourself from the day. I realized that I've learned how to extract money from the market trading a tiny set of stocks. I call them my "pet stocks" because I could tell you without...

I'm thinking of Mark Douglas' 20-trade exercise (Trading in the Zone). You trade 3 lots of whatever, and as soon as the trade gives you something, take off 1/3 to cover your basic expenses. Now you've reduced your potential loss even if stopped out. So you're trading 10, take off a few when...

DEFINITION OF TOOLS: DRILL PRESS: A tall upright machine useful for suddenly snatching flat metal bar stock out of your hands so that it smacks you in the chest and flings your beer across the room, denting the freshly-painted project which you had carefully set in the corner where...

mtnrnr, nice job with ES on a day like today :) +$285 I planned to trade CL live today, then hesitated on two solid entries and decided I had a mental block against it, so spent some more time in sim, and traded a bit of AAPL in between to pay the bills. I did well again with CL in sim...

Well, after I hesitated to take that long in premarket, and then hesitated on the later short, it appeared the trend was turning and so I was with-trend on those initial trades. I definitely missed a good long entry later on when that hammer was left behind after the 3rd push down. You guys...

Planned to trade live today. Pre-market, liked the failed breakdown of the low and thought to go long @ 80.65 with the buyers coming in for at least a little bounce if nothing else, and then couldn’t pull the trigger. Later saw a solid short signal, shooting star off a failure to test the...

Out @ .84 didn't like the action

sh @ 81.84, lack of conviction on the test of prev R sl 81.92

Back from lunch and it looks as bad as when I left except about 20 ticks higher

I'm gonna grab a bite to eat because this is really desolate action. This usually means that in about 4 or 5 minutes a huge move will transpire.

And the reason I didn't go long ES when I noted this is because????

This is the time of day I always give back profits. Sitting on my hands now. The movers & shakers are still on their 2rd martini...

That break thru the 20 was not with much conviction

Out the other @ 80.90 for no other reason than ES appears to be putting in a higher low and CL has seriously overshot the lower Keltner And that is likely a short signal, guys :D