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  1. L

    Little Lex's YM Daytrading Journal

    Today I am not just disappointed. I am f... mad!!! It seems as though I am unable to correct the mistakes I have been making for weeks now. My stubbornness really made me pay today. Overtrading: especially when my daily balance shows a loss. I then desperately try to make gains to get back...
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    Little Lex's YM Daytrading Journal

    Very disappointed because I was up all day before screwing up at the end. It was really stupid because after one losing trade I took another bad one to try to regain the points I had just lost --> revenge trading! Also I overtraded again instead of waiting for the best opportunities. All in...
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    Little Lex's YM Daytrading Journal

    The final week of May has come and it looks as though I have improved my trading results for a 5th consecutive month. Time to set a new goal for myself. I have been profitable before commission for the last 2 months. Now my goal is to be profitable after commission during the period from now...
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    Little Lex's YM Daytrading Journal

    Before heading into the week-end I took one more trade which was a 14 point winner. So here are the corrected results: Day: +62 Week: +132 Have a good week-end everbody, LL
  5. L

    Little Lex's YM Daytrading Journal

    Since it's friday I decided to stop early today and head into the week-end. I took 7 trades today and I'm profitable even after commission. :) Day: +48 Week: +118 Overall I'm satisfied with this week's result because I reached my goal of regaining the points I lost last week. Enjoy...
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    Little Lex's YM Daytrading Journal

    Hi omelette, I changed my broker because my old one really was fleecing me. Now I pay 3.95 RT per contract which I suppose is ok. On average I take 10-15 trades per day. I am sure my results would be better with a better trade selection and only 6-10 trades per day. Something to work on...
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    Little Lex's YM Daytrading Journal

    Hi Wiesman, thanks for your post. When I started this journal at the beginning of April I set myself the goal to be profitable before commissions. I wanted to find out whether or not I could consistently win YM points. Therefore the results posted in this journal are YM points before...
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    Little Lex's YM Daytrading Journal

    Best day of the week so far. I ended up +29 points on my 6th consecutive winning day. All the more reasons to be satisfied. But my winning strategy has one serious flaw. I am not making any money. Over the last 6 trading sessions I am up 120 points which I consider to be a great result for...
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    Little Lex's YM Daytrading Journal

    Another exciting day in the markets today. I stopped early today to watch the champions league final :cool: Although again I have not much to show for I am still pleased with today's result. I was down 45 points in early trading and still finished the day up 17. Today: +17 Week: +41
  10. L

    Little Lex's YM Daytrading Journal

    Exciting trading day with many ups and downs for me. I even hit the wrong button once (buy instead of sell) and lost 12 points before I could react. Just like yesterday I ended up slightly positive before commission and slightly negative after commission. This is obviously frustrating because...
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    Little Lex's YM Daytrading Journal

    For the most part of today I was doing extremely well. I was up 65 points and on course for my best ever day. But then I chased a trade which turned into a loser. That marked a turning point. I completely lost my focus and all discipline went over board. I only managed to end the day in the...
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    Little Lex's YM Daytrading Journal

    Hi dubs, thanks for your post. The reason for increasing my contract size was that after 4 consecutive profitable weeks I felt confident and wanted to move on. However I may have been naive in thinking that doubling the number of contracts would not affect my trading. Although I have no...
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    Little Lex's YM Daytrading Journal

    Hello everyone, friday's result was +37 and I am pleased to have ended the week on a high note. Here are the daily results fom last week: Monday: -48 ( not -68 as I posted on monday) Tuesday: -85 Wednesday: -1 Thursday: +13 Friday: +37 Week: -84 It took me until mid-week to get...
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    Little Lex's YM Daytrading Journal

    I understand your reasoning but that's not exactly how I see it. In my opinion there can be circumstances when you are satisfied even though you haven't reached your goal. For example a rookie trader who starts out with a big loosing week, followed by two slightly profitable weeks could be...
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    Little Lex's YM Daytrading Journal

    Thanks for your post 4DTrader. You quoted 2 sentences out of my first post in this thread. However that is not how I wrote it. I did say that my goal was to be consistently profitable in April. I then wrote: If I am satisfied with my trading results I will increase the number of contracts. If...
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    Little Lex's YM Daytrading Journal

    Best day of the week so far but that does not mean it was a good day. At least I ended up in the green today which is good for my confidence. What I find interesting is that now I am again struggling with the same problems I had when I started trading. I was convinced that I had them...
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    Little Lex's YM Daytrading Journal

    Hello everyone, I am still stuggling but today was much better than the last 2 trading days. It was still a frustrating day because I ended up with -1 after being up by 46 points earlier in the session. The real disappointing part is that today's problems were pretty much those I wrote...
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    Little Lex's YM Daytrading Journal

    Things are getting really nasty over here. For a minute I was even thinking about not posting today's result. Since I am now trading 2 contracts my maximum loss per day has been doubled to -90 points. Today I ended up with -85. All it took for me to loose control after 4 consecutive...
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    Little Lex's YM Daytrading Journal

    Terrible trading today. I think this week-end I was out in the sun too long. I did not stick too the plan, forced trades, took winners too early and over traded. I was not focused at all. And my only good trade of the day was (unintentionally) in simulation mode. This is all extremely...
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    Little Lex's YM Daytrading Journal

    Hello everyone, I haven't posted since the beginning of the month but I continued trading 1 contract with my old account. I have now been profitable for 4 consecutive weeks. My gains have been modest but I now have the confidence to increase to 2 contracts. Also my new account is ready to go...
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