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  1. M

    Matcha's Dow E-mini Journal

    Nice chart and thank you TB! I would like to get used to combine 15min and 5 min chart first , then to add smaller time frame chart in order to take less risk and possible scalp one contract out at +10tck, when I am allowed to trade 2 contracts!:p May ask your questions when I get to that...
  2. M

    Matcha's Dow E-mini Journal

    Today is another “scratched trades” day. Traded live in AM session. Took 4 trades. Trade 1: 6:55. long pullback, Planed to ride the trend but when see a huge reversal bar after the Break out bar, I exit at +3tk Trade 2: 7:18 reenter, hit trailing stop at +12tk Trade 3: 9:01, short, No...
  3. M

    Working on Consistent Profitability

    Everytime I see Nodoji posted such comment about trading, I just can't agree more. Passion and commitment is No.1 qualification for anyone to succeed in any pofession. Otherwise you will just be someone who collects pay check everyday to count down retirement.(nothing wrong with it too). Since...
  4. M

    Mark Douglas Interview

    $87, I will probably get it too! http://mastertrader.info/store/products/How-To-Think-Like-a-Professional-Trader-4-DVD-with-2-manual-by-Mark-Douglas.html
  5. M

    Matcha's Dow E-mini Journal

    Slow day. Took 2 trades Trade 1: 8:41. short. Had a buy order 1 tick above but did not trigger. So I took a short. L/H. +12Pt. Then waiting for a 2 leg pullback buy if sets up. 8:45 signal bar is an inside bar. So I didn’t take it. The next bar is pretty nice bull reversal bar. In...
  6. M

    jasinhbca's quest for discipline, knowledge & profits

    OMG. I just had the same feeling , same day as you had too.. Hate to disappoint the traders who have been so supportive and giving me best advice and want me to succeed(not many people will do that). Today's volatility made me sick on my stomach too.. the volatility also created the larger...
  7. M

    Matcha's Dow E-mini Journal

    Have been thinking a lot about what everyone said these days. Slept late working on the trade plan. Woke up early this morning. First routine is always read the trading plan. Today I read the 3 lessons from yesterday, out loud. I needed to exercise the “technical mental routine” just like...
  8. M

    Matcha's Dow E-mini Journal

    KDASFTG: Those 3 lessons described clearly my current struggling stage. I now agree that I am lack of mental routine and technical context yet as a trader. The whole time I thought I am fine with them. But through your comment, my action DID reveal I am just lack of them. I can’t deny now...
  9. M

    Matcha's Dow E-mini Journal

    what about using EMA as direction, only trade the clearly direction of the EMA and only trade the 2nd leg of the trend. The first leg of the trend usualy will company with a flat or oposite side of the direction EMA. first pullback usually is in couter-trend direction too. you might only take...
  10. M

    Matcha's Dow E-mini Journal

    Understand the bigger picure is the key to success...well, one of the main keys...:p
  11. M

    Matcha's Dow E-mini Journal

    Just realized that I duplicated today's log. And it's too late to correct. Sorry, everyone.
  12. M

    Matcha's Dow E-mini Journal

    The first trade I took coz I saw a bull reversal bar that right at the support. So it was techically a D/B or a 2 leg pullback at the EMA type of setup. Also the 2nd attempt to break up the TR. the range is OK wide so at least I could get a scalp profit. Besides the leg up from open is strong...
  13. M

    Matcha's Dow E-mini Journal

    Nodoji. Thank you for the notations. They helped me a lot. I am putting down them with all my notes and will keep looking at them. They make me see things in a different perspective and figured out "why and when isn't working". I got to build up this type "thought process" in case trade...
  14. M

    Matcha's Dow E-mini Journal

    In these past few days, I found I had 2 more important work to do in order to fine tune my edge. It’s so obvious that I did poorly in these 2 bear days. I just couldn’t “get in with it”. The short setups are nothing like long setup. It’s like there is never a great place to go short. I...
  15. M

    Matcha's Dow E-mini Journal

    It's ok. Strange, I am not feeling anything as I used to. I just read the market wrong today. Trendy day is always challenging to me. The 9:30 is a setup for short. I didn't enter since it's near LOD... Hopefully, your platform will be fixed tomorrow.
  16. M

    Matcha's Dow E-mini Journal

    Not my day. 3 losing trades. 1. 7:34.long, pullback in a horizontal flag. Stopped out. -13pt 2. 11:21. short. -11 Pt 3. 11:30. Long double bottom pullback long.-7pts I thought today the biggest mistake is the 3rd trade to go long. It’s a technically D/B pullback setup could lead to...
  17. M

    Matcha's Dow E-mini Journal

    Right now I am not worried about missing a move. I stayed super calm because my objective is to learn. If some setup looks a bit suspicious for me, I just let it go even though it might turn to the major move. But i willl asses it later. These days I barely look at smaller time frame. I...
  18. M

    Working on Consistent Profitability

    tlow. Please don't give up if this is truly something you have passion for. I can't comment on your system and CL since I have no idea of them. But what really has been calmed me down is to only foucs one setup that I do well. Then you learn the context(that takes a while). In the past...
  19. M

    Matcha's Dow E-mini Journal

    2 scratch trades. 12: 30pst is never my lucky time to trade. I think for me it might be wise to get out of the position around this time. Feel OK with my discipline. 7:20. I passed on a pullback setup. The signal bar is an inside bar. Inside bar is always tricky to trade. I got trapped...
  20. M

    Matcha's Dow E-mini Journal

    cheating always gets caught...:p
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