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I have spent maybe 3 on ET this year and over 2 of those hours have been spent reading this thread! Anyone that has NEVER shown any blotters of trades or at the very least a chart showing native platform entries and exits simply: A. doesn't have a trading plan to go with whatever they...

Gabe, I am quite sure people don't understand or even know of those stats... just animal instincts (the same ones that drive TV ratings that rise for bad news) resulting in stats WE hopefully can use.. i.e... the first step to solving a problem is knowing the problem. In this case the...

That is amazing. What about the Green outside bar around 10:30 on the 5m chart? Could be NoDoji's 2nd Mouse area.

From what I have see in CL so far it seems to frequently chop in zones for a while.. (NoDoji please comment) IF so looks like waiting for some structure to build, drawing lines, and when the convincing break happens THEN trade.. These lines HAVE to be of a minimum length though.. What I am...

Still think there is a buried reason for much of this: you don't want THIS trade to be a losing trade so you seek the absolute lowest TF and stop possible.. A fast trending market in your mind means you could lose a lot so maybe you subconsciously avoid it. You may also think deep down...

After the breakdowns there weren't ANY signal to follow the trend?? Where are your level lines? Seems you find a way to trade just the chop (slower market) and avoid where the quick money COULD be. Same happened last week on that day when you traded ALL the chop and the chop only.

You may as well stop listening then. He won't be able to get his message across.

So nothing system related... Either find a way to minimize these events in your head OR don't trade those days. If minor events are causing issues then there is work to do... maybe some mental exercise before the trading day?

In that case what lights the fuse on those days that makes a "normal" losing day become a monster? Maybe describing such a day is a good place to start.

What a thread this has become!.... My questions... Without those big down days Gabe's method was making money right?? Why else are we trading? No matter what anyone thinks of the individual entries, it was making money.... for long enough? I don't know. Therefore what is Gabe looking for...

So how do you find out if your system has a positive expectancy when you cannot execute it properly from day to day (the reason/excuse being "I am not confident in the system!?")? The years we spend in the dark could be significantly shortened with the answer to this.... I think we know the...

We (those struggling) have to (hope to?) reach an "uncle" point (some of us may not) where we will do whatever it takes to improve by becoming more humble and teachable... This assuming deep down we really know what we want from trading. Yes "In The Zone" was a VERY tough book to read that...

I think every trader should listen to this every day.. http://www.youtube.com/watch?v=GhKJ9P3agRc

Execution charts (that generate the equity charts) will be much more useful. Something to describe your execution efficiency. I sound like a broken record, but near 100% execution should come first.. THEN at least one moving part is no longer "moving". Points for each good setup taken...

As one that tried and failed (under-capitalized/emotional) at day-trading I really believe one should start with higher time-frames first.. they give you more time to think, therefore create less anxiety. Once you can survive then you move to lower times if you want to.. Every time I have...

Doesn't recognize jpg here either..

I was looking for NoDoji's answer.

I think all in all out psychologically damages rear view mirror traders (greedy?) which most of us are as well as suggesting we know the future (it will stop here!), Especially those that don't have a continuation setup. I really hope you can describe how you do on trend days as you must...

Since we have no ego therefore we humbly accept we DON"T know what the market will definitely do... "let that which took you in take you out".. i.e. a signal indicating the current trade is no longer valid. How much profit is enough is really not in our control... We CAN however limit the profit...

1 Minute charts! Me eyes is bleedin'!.. :D