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  1. M

    Matcha's Dow E-mini Journal

    Thank you for thinking that! Sifu!
  2. M

    Matcha's Dow E-mini Journal

    Made productive and proficient trades today. Only 4 trades. Not a very profitable day but market has been trading in a tight trading range, so I can’t complain that much from today’s market. Looking at large time frame does keep me out of troubles. Keep me out of over trade behavior. All the...
  3. M

    Matcha's Dow E-mini Journal

    Hi, PO. Just curious, yesterday when you traded, Have you looked at 15 min chart, 30 min chart and 60 min chart at all? Have you read Boli and Algo's posts here? I put lots of thoughts on to it. Now I am staring at 60min, 30min 15 min chart. And I am also reading Marcel's book about Time...
  4. M

    Matcha's Dow E-mini Journal

    ha, i am going to start calling you "sifu". fun! OMG, Nodoji must be laughing. Thank you for such great compliment. I am no where near as good as NoDoji. Not only 10% of her when she just starting out... She is special... She is born to be a trader. Her throughness, dedication, amazing...
  5. M

    Matcha's Dow E-mini Journal

    March was +$200, but avg trades per day 20. it was not right. I was trading on tick chart and trading with 1 and 2 contracts. April was +300, avg trades per day 25, still not right too. Early May was a blow out, -3800, 5/6 (flash crash) I was down almost $4000. Luckily in SIM. Mid May, I...
  6. M

    Matcha's Dow E-mini Journal

    Market basically handed out money to us yesterday. I turned down...:( you brought a point about little horizontal over-head resistance. I saw something differently, I saw a 6/29 sell off and the gap. so I hesitated to stay with the trend. Was the sell off not that important when the bull...
  7. M

    Matcha's Dow E-mini Journal

    I really admire your story, your success and hardmanship. You have what it takes to be a successful trader and business woman! I also admire and respect someone who started from "0", "build a home with empty hands" type. I have never been a huge fan with trust fund babies. Most of them are...
  8. M

    Matcha's Dow E-mini Journal

    It's the big difference between beginner and pros. Beginners had difficulty to identify trending day and range days. big range trending days and one way trending days. Just like Bolimomo and Athlonmank8 suggested we should look at a bigger picture. Overall trend. I know you have been looking at...
  9. M

    Matcha's Dow E-mini Journal

    Yay! You are back! Missed you here! Please be harsh and criticize me as much as you can. That's the only way to learn. I don't look at TRIN, I will now. Totally agree, I couldn't believe it's so hard for me to stay with the trend and be relaxed. The problem is I couldn't defy...
  10. M

    Matcha's Dow E-mini Journal

    A day full of hesitations. The Double bottom / bull flag pattern was so clear to me. I missed the 11:30 move. 11:30 price tried to take the previous high and YTD high/close, but failed to go down. On 15min chart, it was a even more clear double bottom pattern , stochastic divergence. I just got...
  11. M

    Day Traders: Losing Days

    sigh.... I am struggling all of them... #3 #4 #5 are the most common errors I make on daily basis.
  12. M

    Matcha's Dow E-mini Journal

    Great analysis, Nodoji. I think today's market also qualifies Al's 2HM setup. If away from EMA for two or more hours, then fade EMA and 1st EMA Gap bar. Like you said, the market has made a strong push in the morning, psychologically it's so hard for me to pull the trigger. I saw the move...
  13. M

    Matcha's Dow E-mini Journal

    Hi, Athlonmank8! Thanks for posting. Are you refering to the bar on 5 min chart? Does this strategy work on only a strong parabolic move- price printing more than 3 or more green /red candle with higher high/low/close? Do you often get stop out with such tight stops?
  14. M

    Matcha's Dow E-mini Journal

    Analyzed charts and trades at the end of the day is a great exercise. We do realize the mistakes. But to me, OMG! I can't believe it's so hard to not to repeat the mistakes... today I took a long with trend trade, D/B with the MA. Then I was stopped out twice by those pin point bars. Then the...
  15. M

    Matcha's Dow E-mini Journal

    Thank you for sharing your experience with me. Very impressive! I have been living in a frugal life to pursue trading now....Just started to learn to take some responsibilities. It was hard! No shopping, eating out for me anymore...
  16. M

    Matcha's Dow E-mini Journal

    If statistics are correct, trending days only happen 2 days in a month, this day should be the day generate the monthly income and cover all the losing days. Then today is the day, I must be retarded. I didn’t take advantage it at all. Looking at 6/15 chart, that was a trending day too, I...
  17. M

    Matcha's Dow E-mini Journal

    Depends on the context of the market I guess. Sounds easy, all the books said "you should just ride the trend". but to me sometimes it's so hard to tell whether the trend is ending, consolidating or continuing...
  18. M

    Matcha's Dow E-mini Journal

    wow, that doesn't sound like me.. thank you!
  19. M

    Matcha's Dow E-mini Journal

    Nice meeting you here Gerado! Thanks for compliment! I am glad I am on the right track to learn. Thank you for reminding me to add round numbers, I did today. I once read about how people pschological reacted to those round numbers, but I just never apply those numbers. Very interesting...
  20. M

    Matcha's Dow E-mini Journal

    The book is a great and pleasure reading. I liked it! In order to be a master, you got to achieve 10,000 hours, it takes 4 years to study/work fulltime to master the skill. So 3-5years is the right time frame to learn how to trade. But in this career, 10,000 is not garenteed to be a CP...
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