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    Matcha's Dow E-mini Journal

    Thank you ~~~! You all are food connoisseur :D mmmm All these restaurants sounds so yummy... makes me drool. :D :D It's definitely more than day trading in this thread!!! --po
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    Matcha's Dow E-mini Journal

    Thanks Matcha for the very uplifting consolation! I needed that :) You are wonderful! Best trading tomorrow for you too! --po
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    Matcha's Dow E-mini Journal

    Hi Matcha, Sorry to hear your lasik surgeried eye. Hope the doctor can do something about it. Yeah, a couple of big monitors will help to monitor multiple charts at different timeframes all at once without having to flip between the charts on the "lappy". Today, I did really bad as...
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    Matcha's Dow E-mini Journal

    Hi Boli, Impressive!!!! Like Matcha said, you are the pro. --po
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    Matcha's Dow E-mini Journal

    Hi ~~~, You made me double flush now! :) I am pretty sure you are a very sweet, charming and moreover, a very successful high achiever. Thank you very much for your best wishes. --po
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    Matcha's Dow E-mini Journal

    Hi Matcha, Congrats on another profitable week!!!!! Like everyone has talked about not to overtrade, I, too have reduced my number of trades on Friday to 5 trades, 4 BUYs and 1 SELL. The SELL was a loss! Bias was still to the up side. I agree that it is easier to analyze at the end of the...
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    Matcha's Dow E-mini Journal

    Hi ~~~, You made me flush. :) I concur with you 100% that everyone on this thread are nice and friendly. It all started with Matcha and all of her genuineness and openness in her journal. It is contagious!!! Thanks for your sharing of your experience and your encouragement. --po
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    Matcha's Dow E-mini Journal

    Hi Matcha, Yes, I use 4 time frames for my trading - 30, 5, 3 & 1 min charts. I guess yesterday and most other times, I got tempted by the signals in the 1 & 3 minutes charts. Thanks for pointing out page 90 on Marcel's book. He is a major proponent (like Boli and other "sifu"s on this...
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    Matcha's Dow E-mini Journal

    Hi Matcha, If it makes you feel any better about today's trading, I, too, did not take advantage to ride the strong up trend. I barely net 1.25 points with 13 trades. My win/loss rate today was 53.8%. I keep fighting the trend and traded countertrends after the early morning push. I couldn't...
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    Matcha's Dow E-mini Journal

    Hi Matcha, I am glad that you like the book. It is my favorite. Thanks for sharing your trading experience and your encouragement. I, too share a very similar path - started out using fundamental analysis to pick stocks; later discovered technical analysis and the beauty of it to apply to...
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    Matcha's Dow E-mini Journal

    Ditto that! I am with you 100% to stay with what give you the edge - the trend is your friend!!!!! I have to admit that everyone can get something out of the market using different methods. There are many roads that leads to Rome. I used to try all kinds of things that seemed to work for...
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    Matcha's Dow E-mini Journal

    Hi Matcha, Thank you very much for your response regarding the stops. I need to fine tune mine as it is an important part of a trade. Every tick counts. :) I am glad that you got the book. Hope you like it. I re-read Marcel Link's Chapter 1 on "The Tuition of Trading" tonight. I like the...
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    Matcha's Dow E-mini Journal

    Hi Donna, I concur with all the superb insights in your response. Matcha did a great job in her journal. ----- I do feel the same that I need a major stint in the military to correct my mistakes made in trading - things I keep reminding myself not to do... ----- Your insight on...
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    Matcha's Dow E-mini Journal

    Hi Matcha, Congratulations on another profitable week! I like your defensive plays. May I ask what is your average stop size? I automatically set my initial stops for ES at 2.5 points (approx. 24 points for the YM) and I adjust my stops relative to the most recent high or low (if...
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    Matcha's Dow E-mini Journal

    Hey! I think your English is fine. You write very well. I always enjoyed reading your candid remarks and your straight talking style trading journal. You are right that it is great that we can "talk" to someone with like mind and common goal here. I once heard a "crazy lady with messy hair...
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    Matcha's Dow E-mini Journal

    Hi Matcha, Well said regarding the importance of the with-trend trading practice. Both Dr. Al Brooks and Marcel Link are big proponents on trading with the trend. Dr. Brooks' Trading Guideline #28 (pg. 384) - stop trading countertrend scalps and #29 - start trading With Trend pullbacks...
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    Matcha's Dow E-mini Journal

    Hi Matcha, :) Let's keep telling ourselves "loud and clear" to stop trading those L-O-W probability B-A-D trades. I did the same today loosing 2 countertrend trades which I shouldn't have made. But recouped the loss later in the afternoon following the rule to go only with those...
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    Matcha's Dow E-mini Journal

    Hi Matcha, I think that's perfectly okay to take 20 points profit in day trading YM. Al Brooks talked about taking 1 point profit in ES (approx. 10 points in YM) can be a way to become a successful day trader. If you see the condition exists, there is nothing wrong to take 20 points, you can...
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    Matcha's Dow E-mini Journal

    Wow! Like I said earlier, you are really smart!!! I can tell you are a very good and avid reader!
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    Matcha's Dow E-mini Journal

    Hi Matcha, You are way cool! :) Thank you very much for typing and posting the Pivot Points Rules. With practice, this could be a very good tool to jump ahead of others when the situation allows to do so. I agree with you that the 20 points for YM (2 pts for ES) is aggressive unless one...
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