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If I put my rules in public I would probably end up fading the public that follows my rules :)

I trade about dozen of stocks on a good day but lately it's been 2-3. And if there is nothing to trade I might spend whole day and make 0 trades. Overtrading was never a problem for me. Of course I have all those emotions, the only difference lately is that instead of overriding my rules...

Day 11 Still getting used to trading without stops with small size. I've been very good at following my rules lately, even though I changed some of them last week. My goal during the trading day is to stick to the plan that I have in writing before market opens. I started this journal to...

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Thank you for sharing NoDoji. When I went over my trades I can see how giving more room should eliminate some losses because more often than not I’m right on the direction but my timing is a bit off. Plus I want to be able to trade bigger size and tight stops are harder when doing that. I...

Day 10 Not much was happening today, followed my rules. +78

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I'm willing to risk more $ per trade and give my trades more room. I'll update you on win/loss ratios once I have enough stats for new approach. In any case, I'm sure you are aware that trader with 30% win rate and 3:1 risk to reward ratio is the same as 60% and 1:1.

Yes I'm taking more risk on each trade but smaller position size than what I used to do.

I believe it's clearly defined in my trading plan. Thank you for your comments.

only time will tell...

I'm increasing my win/loss with smaller risk/reward ratio.

Good point sprstpd. The concept is the same, what I changed is my stop level and money management. In a way I did stop trading, I spent last 2 days going chart after chart, trade after trade to confirm my new adjustments. If it wasn't weekend I would not be trading for couple of days most...

Thank you everybody for comments and suggestions. As I said on Friday I am not using tight stops anymore for my current strategy and will scale into position. I made a lot of changes this weekend and now more than ever I have to stick to my rules. I'm starting with small size to get things...

Made one more trade on the way out of the office, went long IOC one more time. totals now -301 -433 week Kinda feel discouraged, has nothing to do with today's loss. Just feels like I'm doing this wrong. However very motivated to adjust and change. Have enough data to go through...

Yep, this is EXACTLY what I'm thinking about. Thank you deaddog

made one more trade on the way out of the office totals now -301 -433 week

Day 9 I have a feeling today will mark the last day of using tight stops. Sure they provide good risk/reward but there are too negatives: I can't increase share size and I get stopped out for no reason a lot (no reason means I get stopped out only to see price go back to my entry and end up...

-624 (+354 and -978 in Tradestation account) -756 week

Day 8 Again trading very well. Stopped paying attention to the noise and just follow my plan. The way I see it now, all the noise is created by other traders who have different strats or can't follow their own plan. Instead of now getting worried about "letting winner trade turn into the...