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Hey hey, waddya know! Thanks :)

If 69's hold and we make a higher high, I would be out with absolutely no hesitation. However, I know from face time that after a strong one sided push down to 66's, we should be able to anticipate a second "wave". Now, that may end up in a HL or a double bottom, but that would be...

+1. With more experience and screen time, you start to get a feel for what price should / shouldn't do before it hits the target. If it's selling wave one, and we are making clean steps downward, then you have to expect that we might get a small pause in the action (resistances becoming...

Exactly, I wanted to say something but decided to save the breath. Tlow, I'm sure those with more experience than me can chime in, but I tend to exit at my statistical average profit, and then I will get in again if another setup presents itself. Since I am just a small lot trader, that's...

Masterjaz is right, the TOS sim still sucks hard and can easily mislead people with it's superman fills. For friends of mine that have dabbled in trading, I have always recommended signing up for a ninjatrader demo, just to use the DOM and to keep track of all entries and exits automatically...

Good luck man, keep us posted :) For what it's worth, the short into the gap fill shocked the heck out of me today. Straight bid up to a double top and then a straight melt into the fill. That's price action I'm not used to.... I went long before the DT and got knocked out shortly after...

Ha ha, now everyone knows! They still don't know how many times the cat needs to meow to signal a 20 point selloff though ;)

Tlow, It does seem like the trading plan needs a lot more definition before it can be executed without emotional bias. Your setups need to be a lot more locked down. A setup should be something like this (just an example): I will trade the first 50% pullback from recent lows to highs if...

Focus got me thinking and he/she has a good point: What exactly are your "setups"? I don't know if I have a clear idea of what your ideal trade scenarios are. Do you have specific setups that you are looking for? What does your trading plan look like at this point? Would you be willing to...

Tlow, I feel you on the frustration. I checked in earlier in the day because I just felt that today was going to be one of "those" days. That being said, have you looked into whether or not your setups are more / less profitable during certain times of the day? You may benefit by actually...

See what is developing here? YOu now have an idea of what prices are becoming important.

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Tlow - Today was tougher for me as well. Here is what I see regarding the trades you took. Trade 1 - I was with you on this trade. I took it and was handed a +1 stop out. Here's why I moved my stop and took the +1. You correctly identified S turned R. Now, when price began testing...

I'm interested to see how you fared today considering the rangebound price action that we were in for the first 90 minutes.

Tlow, bearing in mind that I didn't take this trade and hindsight is 20/20, I can see 2 entries. 11:25 presented the first aggressive entry (41.50 tried to act as support but failed, coinciding with with a TICK close below -425, which is confirmation for me), and the safer entry was 39.75's...

In my experience, the first test of any major level is where you will see the strongest reaction. Multiple tests and/or chop around an area shows me that the the area is actually more likely to fail, not hold. What I can say about large levels is this: It's an important area to watch and...

I can give you a bit of advice if you would like. You mentioned you wanted some insight on your trade 4. That was not an ideal trade IMO, simply for the fact that we were making higher highs and higher lows. There was no solid support turned to resistance to lean on either. I went long there...

Tlow, For what it's worth, it took me 18 months before mistakes became fewer and farther between, and it took another 3-4 months after that before I started recognizing my mistakes early and taking -2's or -3's instead of getting stopped out. If I make more than 2-3 trades in a day, I'm...

+1. If I leave with 8 ticks for the day, I'm a happy man. Also, if the first trade of the day yields more than that, I usually just take the rest of the day off.

Hello again! I think you should base your profit target on the time frame that you are trading. Can you backtest your setups and look to see if you can derive an average profit from each? For instance, every intraday double top on lower volume leads to an average 4.25 points profit (not an...