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it is really a big jump. after this leap, you will not be able to see any range-band any more,i.e., you could not trade range-band any more. that is human nature. at first several yaers, I did lots of fading, I just play those no-where stocks with enought liqidity, I made lots of money. then I...

the big mistake people made in trading including daily life is: do not know himself, blindly cat-copy others. to me, it is the most uncomfortable thing to trade another person's idea. if it is your own idea, you will have faith in it, as for winning, just the faith's by-product...

whether you are fading or trend following, it is just personal trading style issue. there is no "which is better" question here. look at warren buffet, he made lots of money just using "buy low and hold or bottom picking or a pure fading stragety, in such a low price, no one will think later...

my ego bothers me the most. if my wife said I could not do a better job in trading, I will trade my ego and I lose if my friends said they made big bucks in trading, I will trade my ego again and I lose if my pre-determined stop loss was token out by some abnormal noises then late on it...

still did not feel right. bought DAN at 5.0, and SQNM at 5.0 too, they all stuck there, no high fly. tried to short AXL at 7.09, but no share for me to short. did not cleaned DAN and SQNM yet. saw crude fly, but I did not buy it, just let it fly, I feel I was kind of mody this morning. shut...

only a fool will jump off the cliff and belive he will not get hurt! look around, or this site, people first thought they will get rich through trading in short period of time, but end up years and years they are still struggling, blew up one account and another one and on and on! some...

trading knowledge can be easily acquired trading skills can be easily learned mentally you can think it is easy, then it is easy, just like self-prophesy. from those points, you see it is damn easy. the problem here is: knowing or having or talking is totally different from doing...

you can only beat a particular market in a time, but you can not beat the market itself. just like a sports game, you can win a champion in some contest events, but later on new guys in new event will break your record and you will not be a champion any more,that means you are a loser at that...

toke off this monday, got good time fom Niagra Falls. saw Crude was dropping in the pre-market, thought about short sale. felt my mode is not in trading yet. did short it, stopped out with minor loss. I found I was trading yesterday's market, the market actually was bouncing, when my mind did...

after i done with GRRF. my gain affected me. i did not take a rest, let my mind clear. I started to shift my focus on crude oil, a mistake here is: afte this trade, I become bullish subconciously, so later three trades of four are LONG, while not short sale. At that time it dropped to 69.11, I...

sold my MMR at 8.09,bought GRRF at 5.2, sold it at 6.17, will take a rest

after the day closed. I read Nodoji's trading journal. from her trading, I realized I made the same mistake. then went over many trades I did in my memory. I realized the reason why many traders fail or trading is so hard to them. I put a note in my mind: the game is a self-designed game...

who knows 6-tick stop loss is better or tight trailing stop? that is just after-fact. I do not know which trade should be applied to 6-tick stop, why another trade should be applied to tight trailing stop. I did not see your point. you got stopped out with 6-tick stop in the first trade...

yes yes and yes, why, market knowledge can be easily acquired, and the skills to read chart or the tape can be easily mastered, the skills to spot trading opportunities or setups can be taught, even can be taught to a three-year old toddle, or a monkey who can hit computer keyboard. there is no...

after you are stopped out, better step back, take a breathe, do not rush in again. you did three trades, but you see the net results is 7.7-79.8+100.25=$28.15, and you created commisions: 3*4.8=$14.4. IB did nothing, but net half of your work! I made this mistake frequently, I hate it and...

turned on my computer around 8:00am, saw CIT was active and moving higher. thought to go long with it. but it seems to me the penny stock was moving not attractively (even % good, but I need big size to catch a nice run). so I shifted my focus on crude again. I knew the labor data will be...

No, I do read them. my purpose is keep an open journal, so people in this site can monitor my trading activities and point out my inconsistency, or errors or mistakes (of course not grammar/spelling errors, I will try my best to write them better).

I do not agree. in those years of trading, I learned to honour my stop loss. I learned not to average down a loser. I learned to give up my ego, be humble and accept the fact I could not beat the market every time.

paper trading produced paper money. it is for entertainment.

turned on my computer again around 2:00PM, thought FOMC announcement may stire the market a little bit. did not see crazy movement, I did not nothing this afternoon.