My new years resolution for 2008 is to be consistent in my trading and posting here daily. Why wait for Jan 1 when I can start now? I would love to emulate Proptrader`s steady progress. Yesterday`s net +25 and today's +10.
Sniff..sniff.. Anyone else smell that? LMAO!
Earlier this month an ES trader who posts regularly to the P/L thread posted a 100k loss and no one questions his integrity. Well, if you can lose 100k in a day it is also possible to take 100k out of this market. Why not focus on getting your...
I had a lot on my mind during the drive to the mountains but let it go once we got there. There is nothing like good times with family and friends to heal the mind.
A trading magazine I read has a monthly article where traders list there biggest trading blunders. While it`s entertaining it also reminds me of what never to do.
Here`s Mine;
End of June 2005, last day of school for the kids and we are going to leave on a camping trip with the other...
Cx, Nice chart. I notice that there looks like DT at 14:05 relating to the 11:00 high. Is there a specific rule to omit it, such as too much time expired? I only ask because I`m learning.
Hi bmx,
I`d like to point out that today was exceptionally easy for trendlines, maybe due to low volume. It was a standout day and most days do not go as easy. The reason I posted the chart was that I saw rv had a rough day and just wanted to show a different way of looking at the price...
RV,
Take a look at my ER2 chart for today. Enter on the trendline break and use 1 tick past the entry bar for a stop and 10 ticks for a 1st target. 13 winners and 4 small losers.
Note- Chart is Pacific time
Yesterday almost all my signals made money but I did`t pull the trigger on the trades. Today I vowed to take em all and I did, but almost all the signals stopped out...LOL. I guess that is why I need to be consistent EVERY day and not just when I`m in the mood.
MBA, Thank you for posting this. Every time I try to strictly follow a system, and use complete discipline, I get killed. Many say using discretion is a path to failure. I am glad for you.