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You are right, I'm not doing as well as I would like. That is the whole point of this journal, to try to get ideas from experienced traders like yourself to help me overcome some of my issues. I appreciate your input and thanks for following this journal.

My platform consists of DOM and charting and is similar to NinjaTrader. My broker is a smaller firm and for now I'm happy with them. I will not reveal more than that in a public forum. Besides, my choice of broker is irrelevant to this journal. As far as my strategy, please read the beginning of...

I'm trying to go for 1-2 handles on ES but of course, my average profit is less. I'm not scalping for a tick as some earlier posters suggested.

I was using mental stops. I no longer trade the ER2. I made the change based on recommendations from several posters in the beginning of this thread.

Hey Blu, I know how you feel. I'm in a similar predicament, trading futures with a small account. If it makes you feel better, have a look at my thread I started a couple of weeks ago: http://www.elitetrader.com/vb/showthread.php?s=&threadid=122047&perpage=6&pagenumber=1 Good luck with your...

Everything that could go wrong went wrong today. My data feed was very slow and jumpy the first half hour. I got stopped on several trades in a row, then made a few impulse trades and turned a small loss into a bigger one. Product traded: ES Contracts: 24 Opening balance: 1417 Closing...

Your assumption is wrong, HG.

Trend or no trend I have to stick to my strategy. If I skipped ER2 I would have been up over 500 today.

Good day on ES but ER2 wiped out all my gains. Starting tomorrow I will only trade ES. Points taken in discipline for overtrading and for being stubborn. Products traded: ES, ER2 Contracts: 79 Opening balance: 1569 Closing balance: 1417 Net P/L: -151 Discipline: 3

Let's keep this thread civil and refrain from personal attacks and name calling. Thanks.

Today I decided to try a different approach. Normally I would continue to trade after the open but instead I took my money ran. My net P/L to commission ratio is one of the best ever. This was all done using my scalping setups (no lucky home runs). Started trading 7:10 am and done by 8:45 am...

I rate myself on a scale of 1-5, 1 being the lowest and 5 the highest score. Basically if I break any of my rules I subtract 1 point. If my rating for the day is 3 that means I broke 2 of my rules (I have 5 major rules).

LOL, I've been around long enough to know there are no secrets, holy grails or magic formulas in trading. Nice try!

In that respect you're right. Unfortunately, unless I change my strategy or lease a seat at the exchange I don't really see any way around it.

Why? I realize I'm not getting the best deal out there but I don't think I'm overpaying too much either.

Low volume day, didn't make much but it's better than a loss. My setups didn't work as well either. In the past I would try to push for more but at this stage, I simply can't afford to do that. I took off 1 point in discipline because I made 1 ES trade that wasn't based on my setup. I ended up...

Finally a decent day. Traded much less, took only perfect setups, no impulse trading today. All ER2 trades were made in premarket. I'm finishing early in order to book much needed gains. Products traded: ES, ER2 Contracts: 29 Opening balance: 829 Closing balance: 1121 Net P/L: 292...

Very good point, f9. I admit I have some serious psychology issues I need to resolve, if I want to succeed.

You are right, austinp. It seems I can make decent money trading ER couple of days per week but the rest of the days are usually a disaster. Why didn't I realize this sooner?