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FYI: I'm close to finishing my rough draft of a trading plan. More updates to come...

This week is risk management! I feel there's only so much I can do until I've got my setups and edge defined, so I'm messing around with simulated trading until I can gain a better feel for crude oil and how it operates, what works and what doesn't. I'm trying to tweak and refine some...

Sorry for the delay, my dad has a health concern that earlier this week seemed a lot worse than it actually is. Anyway, I finished the trading tools and instruments section in the T2W template Asterix provided. My next section will be my daily routines. Things such as pre-trading prep...

Okay. I feel like the boy who cried wolf, but instead of a boy it's a trader, and instead of a wolf it's trading. Every time I say I'm going to begin trading again, I stop trading. It's for good reason though! Various ET members keep halting me and providing useful ways to improve my...

Thanks!

Shan, Maverick's got a point. I myself thought I could be interested in stocks even though underneath somewhere there's been this nagging urge to trade futures. Regardless, keeping a balance is healthy. This weekend don't do anything with trading, and don't come back to it until...

Now that I've laid the groundwork, it's time to post today's chart and trades! This is day 1 of Official Sim-Trading. Just to clarify on the attached chart: The colored arrows are trades. Green: Long Entry Blue: Long Exit Purple: Short Entry Yellow: Short Exit And all times are...

ET! I never did post later the other day... So I finished my trading plan. It has all the good stuff that a trading plan needs... Okay, so it still has a ways to go, and needs a lot of improvement, and probably some more love and time put into it. But the essentials are there, and I'll...

I'm starting to sim-trade /CL. I'll be doing this for a while until I can consistently rake in the sim-cash. I've got several basic setups, all based around support and resistance. I'll post a bit more later today.

Hey Shan, Sounds like you're moving in the right direction. As you know, I've been taking a break as well, and it's for the best so far. It feels like it's been months since I've been on ET! I've been working on my trading plan and just opened my own account outside of the prop firm, so...

Dear ET, I have not forgotten about this journal. I feel it has been in my best interest to really sit down and write up a solid business trading plan so that I am prepared for my trading endeavor. Before I make comments on any more trades, I will be writing and finishing this plan...

Read and marked off page numbers off <i>Trading In The Zone</i> this morning. Then I lost money on a trade in the middle of the congestion between 9:45 and 10:00 am this morning on SPY. Got me in an emotional whirlwind! Took a trade on AMZN, to win money back. That's right, I said...

-71 Daily total: -51 One more trade just to round things off. Don't want to be too good just yet! :p Easy to tell what went wrong here. Had a signal, took it, but since it was telling me to go short despite a definite uptrend all day today, I doubted myself and let myself get...

I stepped out for a while, just got back. It looks like I missed any other good opportunities for trading SPY today so far. Who knows about the last two hours. I only took one more trade but I eventually covered it for a 1 cent gain. I figured I was in a trading range. As I look at...

+50 -35 Daily Total: +15 Took my first trade today according to plans. SPY opened with a nice little move upward and then made a pullback to a higher low. I bought in above the 9:55 candle on what I thought would be a second leg. <i>According to plan,</i> I set my stop in the...

Yeah Shan, we're getting somewhere! Good work with the SPY trade today! Question for you? The entry dots on your SGEN and SPY charts are making me curious. Did you enter at the exact spot where the dots are on the chart or did you enter above the previous bar that set the low?

haha, Agreed.

Chart attached. Also, rules broken: <b>Rules broken on trade:</b> Didn't stick to target rules. Grew impatient at the end.

+180 Total: +260 I do this thing called MICRO-ANALYSIS. At least that's what I call it. It's when I forget about the chart as a whole, and look at the couple bars in a small period of time. It's never good for me. Today I was lucky, after a couple scratch trades with no rules I was up...

Total: +60 +10 Jumped the gun on a signal that was really just in a trading range. Sold again 2 pennies higher. +10 The trading range turned into what looked like a reversal wedge, so I shorted 500 shares at approximately 127.60. A slow moving trade, I covered 100 shares at 10 cents...