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Took a day off today, was burnt out. I've been the first guy in and last guy out of my firm for the past 2 weeks. After coming home and eating and a workout thrown in every other day(keeps me sane and balanced) I have been living and breathing the markets!Alot of going over every trade after the...

You need to man up and do this for yourself, idk if it can be done in any other way. Your source of strength/resolve needs to be hardened and come from yourself...having it come from some external source will leave you at the wim of that external source IMO. Though I haven't achieved the level...

Just curious...what made you think this? Looking back, Only small hints of it throughout the log. That hitman though, ROFL. This business definitely attracts some interesting characters!

I said I would stick to IWM, but after hearing what everyone had to say...couldn't stop thinking about things. Thought about it and PA and VOL is PA and Vol...I can try to disguise it in many shades with order flow and momentum and all that, but it is simple. I've been trading the SPY since...

I will be taking a break from this log for a little bit...probably the next week or so. Seems like it is bringing more clutter than necessary to my brain LOL. Will continue working and come back to this thread. Thank you for all your suggestions, especially the above poster. Also IMO PA is PA...

Hey, Been looking at Al brooks forum as of late as well. What do you think about some of the trades I put on in the IWM and SPY? The third trade didn't look the best in hindsight. I should have been thinking long, looking back as we had broken above the prior R and TL on good vol and were...

Thanks everyone...as you can see by the varying and conflicting advice that I am getting from many on this board, trading is not an easy endeavor. Everyone trades differently, in the end it is about finding value and executing. I will follow my instinct and what the market is telling me and...

So I've decided it...I will focus only on the IWM for now! I have TradingRaw service still, so I don't know how I will go along with that. Maybe just watch things when the broader market is slowing down etc. And continue to watch his videos and what not. Other than that only trades in the...

Trading more than one product? Literally everyone in my office trades more than one product. When you are playing order flow/ momentum, the product can vary...I'm just finding it hard to trade this way. Maybe this is a sign that I need to not trade in this way and stick to where I am making some...

IWM

P&L= -$24 Shares traded= 1400 Today was a bad day in terms of execution. I made some dumb errors that ended up costing me in the end of the day. IWM: +16.00 Made two trades in IWM...or three. The third was a keystroke error. Wasn't focused and I doubled my position instead of...

So after going through the IWM/TF and the SPY/ES day-by-day for the past 20 trading days...I think I have confirmed what you have been saying. As a result I will be trading the IWM for the most part going forward. I am trying to put in trades in expectations of having follow throughs on...

7/15/11 Net P&L= -32 shares traded= 1200 So today was an all around mediocre day...scaled back the trading a bit as it was a choppy day and didn't little order flow stuff. C: Took one trade midday as momentum was down and looked like I could get a solid trade...chopped around for...

One of the reasons I was asking about using the ES is because I've noticed that it tends to lead the ETF's at times IE, there are leading indications in the PA and especially the volume that can give cleaner indications.

Would you think that the IWM would correlate with the ES. I look at the ES throughout the day and trade the SPY as the derivative instrument. I find that the ES volume and candle prints can differ from the SPY at times. The IWM could be a dervitave trade...of course in context, ill have to look...

John, I've had people tell me this before...but I know many people personally who trade the ES daily and do just fine. I've been watching the ES and the SPY for the last month and a half or so and I feel like I would be doing myself a disservice if I just keep hopping around everywhere if I feel...

Ya i think so too :), I've been focusing on the SPY since I started and have had good progress with it. I find PA and Vol rule in that instrument and it is very hard to manipulate unlike some of the stocks out there.

Ya I have briefing, I'll keep this in mind tho...things can reverse direction quickly when the earnings call starts

Yea I will still work on the tape reading, but not so recklessly as I did today! getting chopped up in that vol can screw with your head. I think I have this as a question that I ask myself before every trade in the SPy...if not I will add it! Thanks

7/14/11 P&L=-$81 So I was down close to my loss limit today($100). Traded YUM off of the open and did not do too well. I should've stopped trading after having three consecutive losers, but that level 2 can be mesmerizing and lure one in. I will stick to this rule going forward. Also...