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Thanks deaddog, Its making sense now. So I believe I have a strategy (with a few tweaks here and there), but I am paper trading live to determine if I can be discipline and follow my rules. Its definitely a work in progress and continuously learning. So my goals is to see if I can follow...

Thank you noblehawk You are absolutely right. Greed control and revenge control hurts. Here is what I experienced and I am sure you can relate in regards to patience control and leads to overtrading and revenge 1. You see your setup starting to unfold in your favor. 2. Now you are...

Thanks for your help. So what you are saying is that: if my strategy is profitable and I stick to my rules/plan and be discipline, then goal is reached? Because if I have a profitable plan, the money will come, I just need to focus on being discipline like you said. I am understanding...

good point. Is there a thread on your trading methods ammo? Thanks

Thanks Turveyd, What is the "Sacrifical $100 account via Spot"? I use Apex simiulator to sim.

I agree, examples helps as well. I need practice as I am simple support and resistance person.

Thank you ammo, I have used VAH/VAL before but was never sure how they are calculated or where they come from. I use to pay for a service that provided VAL/VAH, volume profile daily along with resistance and support zones. I like your idea of charting by hand and will visit your thread...

Thanks for your comment. I have to use stop loss. I think in terms of risk (stop loss) vs reward (expected target)

Exactly ammo. I am trading sim til I know whats going on, however long that takes. I got time. I blew up one small account thinking I knew what I was doing.

Thank you ammo, Ok, I have the Volume Profile on the chart. Can you please let me know if I have it set up correctly? How can I determine the ES daily VAH, POC, and VAL with thinkorswim?

Thank you bone, I appreciate your help. I have already conqured the stop-loss levels, I sat them at time of entry and move to trade management. I trade real time day to day with rules. Lots of people say "trading paper is not real emotions", but let me tell you if you are serious about...

Thank you ammo, Can I see Daily Value Areas and Volumn Profile on the ES chart as well when I perfor the action you sent me? Thank you

Thank you Ammo, Great post. This is exactly how I trade. I draw lines of price directions and places where people may want to do business, then make a decision at these places. But I must admit I need more practice with drawing lines (support, resistance, trendlines, supply and demand...

Thanks, I apologize, but I don't understand. What is your adivce?

I certainly appreciate everyone helps. I am not here to bash or be negative, I am all about positive thinking. Just need direction on my plan before I start my journal. Maybe some help here http://www.elitetrader.com/vb/showthread.php?t=285671 Thanks all.

When should be my goals performance wise when paper trade? For instance, I trade ES, and my goals are $400-500 per week, one contract. 4.25pts per trade I try to earn. 2pt (+/- a tick or so) stop loss per trade. Lets say Monday and Tuesday I meet my weekly goal. Should I continue to trade...

LOL, that's funny. I can't imagine trading without stop loss, but if it works for you, go with it indeed. I will figure it out. I have to use stop loss.

Thank you ammo I appreciate it alot. I will stick to my goals I mentioned above and be discipline.

Thanks, If 1pt per day, what will be my stop loss, 1pt? Why 1pt?

Thank you, Yes, I only trade one contract with the ES. This is where I need help from you all in reaching my goals. First, I will not stop trading paper until I am consistence in what I am doing. I have traded live before and was undisciplined and was not sure of my method, I don’t want...