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6/14/2007 +$60.09, 3 trades (3W) EURUSD: +9/14 USDJPY: +1/7 A Felt relaxed and ready, just not much movement today.

Thanks for reading my journal EtfTraderLives. You may be right, but I think that my problem is an issue of discipline rather than day or swing trading. For me personally, it is a lot less stressful not to hold positions open overnight. With day trading I am able to treat it more as a job if I...

Right - you can setup Thunderbird to get Gmail messages; and there is a nice add-on to allow you to sync the Thunderbird calendar your Google calendar.

Gmail is as secure as any web-based email can be. Ads along the right side of messages are generated based on the message content.

Gmail lets you import/export contacts (using a CSV file). I don't think you need an invite to sign up any more either.

6/13/2007 +$140.80, 3 trades (3W) EURUSD: +15/23 USDJPY: +8/17 B Should have done a better job of holding one of the positions to the original target, but started getting anxious and took profit. Quit early.

Thanks gaj - you're exactly right about how one undisciplined day can take out so much hard work. Like they say, it takes decades to build a good reputation but only an day to ruin it. Most importantly, I think that in some way this online journal is helping me become more disciplined - even...

6/12/2007 +$60.75, 4 trades (3W, 1L) EURUSD: +10/17 USDJPY: +1/11 C Felt calm all morning, but my head wasn't really in it. Probably should have quit earlier, but was hoping for a nice pop like yesterday (I didn't get it).

6/11/2007 +$27.66, 3 trades (2W, 1L) EURUSD: +2/20 USDJPY: +3/15 B It is always disappointing when I hold a position for quite a while (because there just isn't much movement) and as soon as I close it, the trend jumps in my favor. Just wasn't my day today.

6/8/2007 +$176.93, 6 trades (4W, 1L, 1S) EURUSD: +10/56 USDJPY: +19/62 C Nice movement today, and I started out fine but started fighting the USDJPY trend. When this happens my default reaction seems to be to add to the losing position. This is an extremely bad habit that I must fix -...

6/7/2007 +$57.68, 2 trades (2W) EURUSD: +5.5/28 USDJPY: +6/13 A Started the morning nice and relaxed, following the rules. I missed a nice setup in EURUSD and started to get a bit bothered. Quit early because I didn't want to start putting on stupid trades.

Here's my IB+Sierra Chart layout running on 2-17" LCDs @ 1280x1024.

I agree that it is good to aim for the stars. But under my circumstances (and knowing myself), I think it is reasonable to only expect to break-even this year because... 1. I've only been trading for 2 years. From what I've heard and read, it is the norm for a trader to take a good amount...

6/6/2007 +$796.34, 3 trades (3W) USDJPY: +127/114 A Closed the 3 remaining short USDJPY positions (from May 29th). They didn't reach targets, but I really didn't want to hold them any longer because I was getting uncomfortable. In <a...

6/5/2007 +$132.86, 1 trade (1W) USDJPY: +46/102 A Closed one of the short USDJPY positions (from May 29th) that reached it's target. Don't really like dealing with the interest on being long JPY, but believe it is still worth it. Still short 3 USDJPY positions.

Thanks Mike - I like your suggestion of writing down my feelings/emotions (I try to keep a mental note now, but that is easy to forget or ignore). I suspect that I am not alone in experiencing two of the worst emotions: hope and total confidence. PS - I appreciate everyone's constructive...

6/4/2007 No trades today.

Jaxon, any suggestions on how to stop tripping over my own bucket? :D

You're right PetaDollar and that has been my downfall thus far. I can make consistent progress for weeks (or longer) straight, but then something changes in my attention/attitude/etc... Normally it is the result of reading or hearing something; or more dangerously, it is because I will want to...

6/1/2007 No trades today.