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I begin to appreciate days like today. Great opportunity to learn from all the losing trades. Took the first trade on Jun contract, then switched back to March since the volume on Jun contract is less than March. Trade 1: short, 7:04, L1 short. Large gap down and strong bear leg. Short...

lol. Thank you, Nodoji. Will learn to trust the set up from entry to exit. I acutally thought of you today at 10:35. I thought "this would be nodoji's setup for short below the 10:35 bear bar, Fade the range play. failed break out." Then 11:00, I thought this would be Nodoji's fade...

Took 3 trades today. One trade was done by platform error. Trade 1: 7:00am Short. I clicked “Ask” in the Maxtrix, nothing was executed. I thought it was either my mouse problem or the TS SIM platform problem. I clicked order again. 2 contracts were filled. So I quickly exit one contract...

Took 3 trades. Need to continue working on entries and trade management. Trade 1: 7:11 long. Pullback. The maximum initial run up is 37pts. I didn’t take profit there, instead I decided to hold through one retrace. When the bars started to overlapping. I took the 22pts profit. I think I...

Thank you for nice words, Master K! You are the one that woke me up from fairy tale dream last week. And thank you for give me some more advice on how to study and nurture the method. "Understanding the lesson is infinitely better than knowing, but it doesn't mean you own it". I am in the...

Glad that I stayed disciplined today. Took 3 trades. I missed the morning 7:40 shorts today. I was thinking of going long at that time. After a strong 7:40 breakout bar that break down from EMA and major support level. I thought about taking the short here and just “get in with the flow”...

Thanks for the chart! Loved it as usual! You taught me what a daytrader should be thinking. I want to build my intuitive thoughts routine too. I reviewed all my past stats(from passt 100 trades). I took 10 of "chasing momentum" trades. 9 failed, only 1 trade nailed a tiny points. I either...

gosh, sorry. mis typo!! I meant to say bear day. I don't do well recently in bear days! we are still in a bull market from large time frame. No signs of topping yet. IMHO

This is so funny. I took the test a year ago. Before I even knew what day trading really was. I was a Socially Resonsible Trader. Now I am taking the test again. I am a "detailed trader:. I only aggree the the challenging part. "You tend to earn your success by being thorough, methodical...

very cool. icic, how you incorporate them. Yesterday is an easy day. I will give you an example on the days that I got confused. I am getting very comfortable now with my 5 min--center of universe. Ha! I now only look at 15 min for trend and momentum. The smaller time frame will be added...

I do think this thread is very inspiring. I thought experienced ones are perfect. When I made mistakes, I would think "what the heck did you do, the pros would not do that". I compared with myself with pros. And it made my trading life harder. But what really seperates pros and newbies...

Today is the reflection of my weakness-bad reading on the bear market. Still took a few “impulsive trades”. But I think I am doing a tiny better than I did before from emotional control side. I am slowwwwwly learning to tell myself that “everyday is the opportunity for practicing to...

Large gap open today. Possible a gap-n-go day. To trade a day like this at the open. I have learned that from the past I have to act very fast. I don’t like to get in too late then chop myself to death. So today I refer to the 2 min chart. I entered minor pullback after the first 5 min bar...

Thank you ,Snowman. I especially like the quote from Mr. Elder. Yesterday I wasn't focused enough. I got very emotional. the first long in my mind is still OK. But was lack of experience to reverse the trade when it's failed since it bears sees this as a L/H after it broke the TL and short...

Agree! yes. I feel very fortunate and grateful. Keep writing this journal has a huge impact on my learning curve. All these mental problems should be recognized sooner than later.... and thanks to SIM. No matter how hard this is, this is the path I choose. I will do whatever it takes.

Hi, Master K! I like this name. We now have Master K, Master Boli. Master Nodoji, Master WF, Master RN etc.... Glad that you said my wheels are on the rails. I thought they were off.. Please always step in and point out all the wrong steps I am taking. I am totally open to any critism and I...

Stayed very calm today. Briefly reading everyone’s posts before market open helped me stay calm. I also read lots of great tips from Dacharts last night; it helped me restructure my learning curve a little different. I have to be somewhere soon. So I am just going to update the trades and...

:( :( :( :mad:

In Jan and early Feb, when we had buy every pullbacks at the open type of day. Things are very easy. Took 20pts then watch the market as long as I don't do crazy things. Right now we are in a correction mode. I become a bit all over the place. The poor read on large time frame and 5 min is one...

I did horrible in bear day again. I get a bit too distracted by large time frame today. I stopped trading now and will only watch the market later. And I began to realize my discipline issue is affecting my trades these days more than anything. This discipline issue has been addressed by...