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This was very difficult for me too, and I had to find a way to get through it, because it was causing me to hesitate on the next setup, or to revenge trade/overtrade. Here's what I did: Every morning I reminded myself again and again that 1 great trade is all I needed each day to pay the...

+$785 Just 2 early trades, done in the first hour. POT was gapped up in pre-market, so I was looking for gap-n-go or gap-n-crap. It was gap-n-crap, so took an early short entry off the lower high and caught the down move. Then shorted the 3rd lower high when price failed to break thru the...

Yes, turns out we have QT because we have a small Ameritrade account. My husband used to use QT when he was actively trading.

Yes figured it out and wow it is sooo cool! Thanks a bunch. I'll see what kind of trouble I can get into now that I have a chart with too much information :D

Got QT going (and missed all the excitement with CL!) and sent you a PM about it. Thanks.

Checking it out now. Thanks! I think that's half the reason I'm afraid to trade live is that nasty lag on the charts.

out b/e

sh 82.50 stop to b/e already

I use a 5-min chart with a 4-hour window I can scroll through. I use IB right now for the chart and it lags the real-time price action very badly, so I glance at the chart, but actually use the DOM to give me a feel for when to enter. I need to take some time and evaluate a couple other...

OK, I just noticed GMCR hitting the hi ticker above $98/share. WTF, mate? P/E of 75?? Does their coffee cure cancer? :D

(He'll be back. I mean, where's he gonna go? ES???)

The post at the top of this page is an example of how well this hypothesis works: http://www.elitetrader.com/vb/showthread.php?s=&threadid=64965&perpage=10&pagenumber=7980 :eek:

Just put in a 1-pt stop and come back later :D

Well played! Now post your charts with the "why in" and "why out"; it helps cement the setups in your brain.

Better yet, what is it with this 10-tick range? :confused:

You're not trading X, are you? (POS stock, I can't believe I even netted a profit on that thing yesterday) :D

Thanks, I felt better about shorting once the lower high was put in. I use a 5-min chart with the 20-bar EMA and Keltner channels to measure the strength of a trend.

The psych posts are free; however, RN will provide you with the keys to the trading kingdom for just $19,995. :D :D

+$873 Traded in and out a lot today because the price action felt choppy to me, taking profits quickly as presented. I officially declare X a POS to trade. Too many times stops are lifted without price appearing to go anywhere near the stop level. It's like a mysterious tentacle reaches...

+$717 simbucks today I did too much thinking right after the breakout trade and took profits way too quick. The previous breakout was shallow and I ASSUMED (yeah, that) this one wouldn't be much better and it turned out to be quite much better. Had a short trade on the false breakout that...