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  1. M

    Matcha's Dow E-mini Journal

    Thank you, Nodoji! Your comment makes my day! I will remember to repeat today again and again!
  2. M

    Matcha's Dow E-mini Journal

    HI, SIS! Back to work? How is your vaca? Loved the video. It's cute and educational! Wish you all the best in New Year! Make more killing trades in 2011!
  3. M

    Matcha's Dow E-mini Journal

    It will be our year! All of us-new traders who put all diligent work/study and followed my journal~~~
  4. M

    Matcha's Dow E-mini Journal

    seems logical! although the 50% loss require 100% on balance to recover increases my heart beat! That's the other thing I am working on, Keep losses very small!!!
  5. M

    Matcha's Dow E-mini Journal

    Thank you, Snowman. I realized I OT yesterday after 4 trades... I will do a better job not to OT... As far as the first 60-90 min, I do have different opinion. When it trends very nicely, I will trade.... But I will stay out of the news at 7:00 for sure. I am still pay close attention to the...
  6. M

    Matcha's Dow E-mini Journal

    Took 2 trades today. One stopped out. The re-enter worked # 1: 2 leg PB. Stopped out at -9Pt #2: re-enter. +23pt Then market has been sloppy. So I waited for a Breakout PB trade. 12:00 market made a fake break PB long setup. Since the first BO often failed, I didn’t take the trade...
  7. M

    Birth of a trader

    If you have any questions about the book, feel free to PM me. Sometimes it might be helpful to understand it quickly if someone can tell you in simply phrase. I am not shamed to say that I do have a great understanding on what is he trying to interpret and I read his chart over and over. But...
  8. M

    Birth of a trader

    Hi, Frank! thought I might jump in and throw in some dumb opinions of mine own! I kept noticing a lot of your trades are trading against the major trend. As a new trader, I know most of the time it's not the intention that you C-T the market, just some time you could got the wrong read on...
  9. M

    Matcha's Dow E-mini Journal

    Today is a big challenging. All the trades are only worth scalping…. #1: long, 2 leg pullback; BO PB from bear leg, The PA isn’t the cleanest, a lot of over lapping bars, but still worth the risk to play on the long side. Had a 20Pt stop in place, price broke out nicely but retraced...
  10. M

    Matcha's Dow E-mini Journal

    Back to my journal today in the New Year~! Happy new year everyone! Its nice to take a month off from trading- a great time to review all the records in the past year and step back re-evaluate the strategies. There are a few changes in my trading plan in 2011 based on the performance in 2010...
  11. M

    Hooti's Journey

    Down/up, Up/down twin setup or any setup you have read and studied in Al's book has to be viewed with market context. Any set up viewed by itself is meaningless. The up/down twin setup in your chart is in a trading range market environment, - a barb wire type of trading range(quote Al)so to...
  12. M

    Matcha's Dow E-mini Journal

    Took 2 trades today. Easy and nice. Listened to WentFishing’s advice that to take the most “available profit”. Small trades but no stress and “no brainer”. I took immediately profit at the first target no more expectation. Done for the day and week. Wouldn’t be nice that I can...
  13. M

    Matcha's Dow E-mini Journal

    Thank you,PO. You trade safe during holiday! I will PM you checking if you stay disciplined! :p :p
  14. M

    Matcha's Dow E-mini Journal

    Slightly in red today. Took 3 trades. Hopefully I am not over optimistic and delusional. Looking at the trades in the past weeks, I still see the improvement on the entries. I am not 100% satisfied with all my entries but I did take some good entries, at least they are better entries than I...
  15. M

    Trader from the Zone

    Just curious. Besides simple S/R, S/D zones, Bollinger Band, Price Bars, what else do you take into account when you take trades?
  16. M

    Matcha's Dow E-mini Journal

    Although I love all the fashionable stuffs and try my best to keep up with the trend in life, :p in trading, I always find how admiring and fasinating the traditional approach to trading is. Use paper and pencil to trade is no doubt the great way to understand price (inspired by one of the...
  17. M

    Matcha's Dow E-mini Journal

    Good and bad day. Good thing I SOH most of the day because clearly it’s a narrow trading range day to begin with.(trading in YTD’s range) Bad thing is I was shaken out of the good entry. Only 1Pt Here is the trade. 8:50. long. Clearly the day is the trading range day. Fade the 2 leg...
  18. M

    Matcha's Dow E-mini Journal

    Only traded the first hour today. No trade was taken today. Weekly. PnL: $101 #Trades per day: 3 Winrate:71% Have a nice weekend!
  19. M

    Matcha's Dow E-mini Journal

    Great point! And right mindset to use SIM. We should feel grateful that we are this type of personality that we treat and respect SIM as our LIVE account. I see some type of personalities just can't be serious about SIM trading and doesn't do their homework at all. So I guess those traders have...
  20. M

    Matcha's Dow E-mini Journal

    LOL. One of my favorite reality shows...:D :D :D
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