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I used to trade commodities and basically did the same thing.. I just started daytrading in April of this year.. before that.. swing trading in just about everything..

I've got to stop trading.. I've been bleeding since July and can't get it to stop.. I keep making the same mistakes day in and day out and I can't figure out why.. I tell myself every morning today is going to be different.. going to be patient.. wait for my trades to set up.. only to...

No ..from New Orleans.. actually I'm not all that disciplined.. on the days I maintain discipline.. like today.. I miss the trade.. other days I lose all discipline and chase.. and get slammed.. Its hard to deal with

I know.. I've been struggling a great deal lately.. Contemplating taking a break.. Very frustrated.. I knew I shouldn't have made that post here about everything going my way.. boy that sure did turn around on me.

What I mean is how do you guys cope with a day that should have been very good that turns out bad.. Example.. I was long Cattle over the weekend.. Had my sell stop at 77.50 this morning.. thought about lowering it a few points but didn't. market went down to 77.45.. stopped me out...

Market gapped down six points or so.. was there some type of news out?? Could it be due to the blackouts?

I really don't want to post this.. but this is for me to return to for learning purposes so here goes.. Emini 7 trades 3 winners 2 of these were scratch 4 losers Gross Loss = $262.50 Euro 1 winner = $162.50 Total loss for day = $100.00 Don't know where to begin...

Missed my favorite trade there at 11:55 am. price came back to moving average but didn't quite touch it. was waiting for it to retrace a little more and touch the movg. avg. before looking to get in.. Yesterday I got in before it touched it and got burned.. but today would have been a...

No offense taken.. Would love to hear or see your ideas if you'd like to share them.. I'm a firm believer in finding your own style but you can sometimes find something useful in other's trading methods.. Looking forward to your reply. Jeff

Nihabashi, Regarding the long upper candlestick shadows.. I have been paying attention to them.. and thanks for pointing that out to me.. its been very helpful.. If you look at my chart the first long .. with the long lower shadow.. the prior bar was an inside bar with a small upper...

Thanks for the kind words Nihabashi.. 9 trades.. 5 wins 4 losses.. Gross Profit = $125 Day started off terrible. Not so much because of making bad trades but moving my stop too close once again.. you can see on the chart I was short the 2nd & 3rd trade of the day that would have...

Thanks Nihabashi, I usually don't trade after a FOMC announcement.. so I don't have past results... I'll usually trade the morning up until 12:00 if something presents itself.. After the announcement I usually wait until the volatility goes down.. usually an hour or so after... I put on...

tp, One more question.. what is it about my post that you find so agonizing?

1. Find a better criteria for entry that has a higher probabilty of follow through. like a 3:1 ratio. Hint: be early and first! 2. find a leading indicator that will confirm the turn. Can you give me an example... I thought all indicators were lagging in nature.. which ones lead...

Day should have been much better.. but anyday I close out positive is a good one.. 7 trades.. 6 winners.. 2 basically scratch trades 1 loser Gross Profit $150.00 The 2 mistakes of the day.. or should I say the 2 areas that need improvement.. The trade I took at 14:30...

Natalie, I have somewhat. My charting software goes from 1 min. to 5 min. It would be much better if I had 3 minute data.. like the chart you posted for me.. the 1 minute chart is a little too unreliable I find.. I usually don't wait for confirmation on the reversals because it would...

Did not trade on 8/7/03 & 8/8/03.. out of the office. Nothing to be excited about today other than closing the day on the plus side.. 6 trades 5 winners - 3 of these are basically scatch trades but are positive after commissions.. 1 loser.. Made a mistake today of not following...

Hey Nihabashi, It's a 20 period Exponential Moving Average. I use it to try and get an idea of the trend.. even though I don't always trade with it.. The main reason.. is one of my trades involves going long if the price is moving along the trend line.. like the 2 trades I took...

Not a good day discipline wise. Broke even for the day.. Gross points that is.. Emini 8 trades 3 winners 2 losers 3 - scratch Looking back.. I can see a couple trades I should not have taken.. what killed my day was not following my plan.. on the 2 trades at 13:50 and...

Niahbashi, Regarding trading those white hammers.. no I did not look at the overnight session.. Now looking back I can see the long upper shadows.. and had I looked at it probably would not have taken the trade.. I don't like looking at the overnight action cause it seems to distart my...