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  1. N

    Maintaining discipline

    Ok. Did my short as planned and it worked out. No more trades for today.
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    Maintaining discipline

    1 Long Trade today. Took profit way too early against my system's signal because I didn't want to muck with 1400 resistance. I am in a short mode right now. Writing this note to make sure I don't break any rule if enter a short later today.
  3. N

    Maintaining discipline

    2 Trades today. Obedient trades because it is a low odds day that I was not suppose to trade(ya, still broke a rule). Ended up with choppy market and small profits as expected.
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    Maintaining discipline

    ???????????????? I only trade ES.
  5. N

    Maintaining discipline

    2 Trades today. First short was in the morning and an easy trade with stops and everything. Second trade, made 20 minutes ago, was doing "my own little counter trend trade", and thus gave it a very small stop, and taken out. Just crap. I need to stop doing "my own little" whatever. Just a...
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    Maintaining discipline

    Hi Inspector, The current ES day trade system I trade has fewer trades than what I like I think. It trades at most 2 or 3 time a day, and no trades on some days. It is designed to catch predictable trades, not necessarily the largest point move. Therefore the way to trade the system is to...
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    Maintaining discipline

    pshinspections, thanks for stopping by. In some way, I can't pull myself to hit myself hard enough that physical pain becomes a trigger. Probably that's why it is taking me such a long time to learn - I simply forgive my mistakes too easily. What has made me more in control these days is...
  8. N

    Maintaining discipline

    Worse day since Monday in terms of peace of mind. Because of memory from yesterday, I was anxious to short today. I over traded. First two trade was made not following my system. And because of that, I was uncomfortable and closed out the trades too early. One at BE, and one at a small...
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    Maintaining discipline

    No Trade Tuesday 5/20, following rule. 5/21, 3 trades. Shorts. However, only with very small size following rule. For the 2nd and 3rd trade, I did break rule and doubled size based on gut instinct. But over all I consider my gains were small given today's huge move. Trade execution...
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    Maintaining discipline

    1 Trade today. Waited for many many hours for signal. Took profit way too early on first half (against rule) because I was not comfortable since market has been bullish the entire morning and in theory has broken out. Took profit again on the other half based on rule. And happy on...
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    The 3-2-1 Approach: A Simplified Method for Trading Any Market

    Interesting post so far. What are "commercial or hedge market Thanks.
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    4 simple rules of successful trading

    Knowing one's time frame is important.
  13. N

    Maintaining discipline

    2 Trades. First one short, small profit. Second one long and no stop. Averaged "down", and end up with quite some profit. Got very close to being stopped out. This was somewhat a conscious trade based on my "other system". That's a problem. I mix up my systems. One is my...
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    Maintaining discipline

    Thanks Ammo. Anekdoten has a great list. http://www.elitetrader.com/vb/showthread.php?s=&postid=1922656#post1922656
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    Maintaining discipline

    How to Boost Your Willpower -- Eat candy, laugh and brush your teeth with your opposite hand. http://well.blogs.nytimes.com/2007/12/06/how-to-boost-your-willpower/
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    Maintaining discipline

    Ammo, thanks for the encouragement. Market is always here, and my job as a trader right now is to survive as long as i can :) Today, 2 trades. Both are short signals. Stopped out in both cases. If I didn't follow rule and took profits I would have had small gains instead of loss...
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    Maintaining discipline

    Waited the entire day to short. When the signal finally came, I did take the signal because it would have broken "no trade" in last hour rule. Missed a very good trade following rules. Have to learn to appreciate the discipline rather than seeing "what I missed".
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    Maintaining discipline

    Back again. 5/7 Wednesday was pretty much break even. Gained on short in the morning, but bought breaking system entry rule in the afternoon. 5/8 Thursday. Some loss, but followed rules. 5/9 Friday. Worst day of the week in terms of discipline. Weekend coming was a good thing...
  19. N

    Maintaining discipline

    Today 4 trades. First 3 were shorts (1406 up until 1412.25) and you know how that went. I followed rule on these. Last one was long with a 2x bet, breaking a rule. But the entry signal and stop was followed. Regained 2/3 of my loss. Happy that I was still able to maintain some...
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    Maintaining discipline

    Acknowledged whitster. Trades are based on signals right now. Not what I did yesterday... Thanks. Today is pretty much a non event. Took one trade and stopped out.
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