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Good point but I can't get any smaller. I only trade 1 contract. but my confidence has grown over the last few months so we'll see.

Once I'm up for the day at least 1pt. in the ER I have trouble trading. I am so afraid of giving any of it back because it's happened so many times in the past. I have got to overcome this because I am leaving a lot of money on the table.

is it on Youtube? I can't find it once again

Ironfist, I also believe like someone mentioned above you need to look for better entries. I tried to indicate them on this chart. Hope it comes through clearly

Hey Ironfist, Enjoying the thread. Not sure if anyone else has mentioned this but something you may want to go back and look at in your charts. after you enter. pay attention to what price does. In your first trade here I believe you enterd and the next bar had no follow through. In...

got it.. thanks. was looking under Millionaire Traders where the first episode was posted.

can't get that to work either for one reason or another. thanks though

I haven't found the 2nd episode on Youtube. Anyone know where else to get it? the link shown earlier didn't work for me either.

Yeah. I don't know of any around here. I work in Metairie but live on the Northshore. You guys trade for a living?

Just wondering if there are any out there.

yeah.. that's what I'm starting to think too.

I"m at the end of my rope. I've been at this for so long and still can't get it right. I always take 2 steps forward and then 5 back time after time. I feel I know what to do I just can't seem to make myself do it when actually trading in the heat of battle. I feel I'm into deep and...

What kind of interest rate are we talking here also? thanks for the advice.

Excuse my ignorance, but what do you mean by a 95% margin haircut?

Is it Backbone or the fact that they just want to get voted back into office?

You will be liquidated. But if you weren't I hope you at least have a stop in place. I mean, how far are you willing to let the market go against you?

When I have bad days, I always seem to play longs on down trending days like today and I play shorts on uptrending days. Makes for a bad trading day all around.

It's so easy to lose. My bad days triple my good days and we all know that's not good. It's so easy for me to lose say 4 or 5 ER points in one day but I'll be damn. It's hard as Hell to make 2 or 3, more or less 4 or 5.

This couldn't be more true in my opinion. I've closed out several trades only to see the market continue in my original direction, then I would always find myself asking why I let the small changes take me off of my original plan. The mind can play so many tricks on you while in a trade...

Anyone trade this stock? My company got bought out by them recently. Its been a very well performing stock and looks like a good technical traders stock to trade.