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Tums - I very much appreciate both the intent, and the content, of your post. All my assinine quips and jocularity aside, I'm as serious as a heartattack when it comes down to my personal pursuit for successful trading. Your thoughts have raised some questions which I would like to bring up -...

A comment on your latest post, nkhoi - seems I rarely take the appropriate action once caught in congestion. I either become impatient and bail, normally about 2 seconds before price takes off in my direction, or I tell myself the move against me is just a head fake - lol. I still have a very...

Yep - there's no denying that. Matter of fact, it always seems a preponderance of my trades are to the short side. I need rewired!! :D Both of those trades are examples of incorrectly interpreting the gaussians, and were entered in anticipation of a Pt 3 reversal (impulsive action). Funny how in...

dkm - you're reading it right - it's one of the quirks within the Bracket Trader front end. I always enter a position using one ct, but depending on price action and my read on it, I may add a second ct later on - sometimes this is avg'ing down, and sometimes adding to a profitable position. The...

dkm and nkhoi: that's affirmative - we're in the Central time zone here (as mentioned in first post of the thread). The entry on Trade #1 was the only correct one, being based on a retest of the upchannel RTL w/ additional support coming from the 20 sma. So tell me why in my mind I had already...

My whole day finished up like I mentioned in the previous post. Couldn't trade my way out of a wet paper bag today. Oh well, comes with the territory I guess. I never could correlate the strength of the upmove with the Gaussians - always seemed backasswards here. :eek:

Thank you, gentlemen. Hope your day is going better than mine currently :D Been on the defensive all a.m. - keep trying to create Pt. 3's in my mind, only to then frantically look for the exit door after proven wrong - lol.

Pretty much my take on it!! We've read it numerous times - DO the Work. I would think most have seen enough evidence by now to believe the rest will surely follow. Keep in mind that we're only beginners :)

Hey there, Mr. EZ - welcome! :) Hope you'll keep an eye on things over here, and chastise me when I get off track - one day I think I'm gettin' there, the next makes me wonder why I even try - heheh. But I do feel that hammerin' away at the basics is the key. Thanks for your comments, and...

Very good suggestion, nkhoi! I do tend to snub the YM sometimes in the heat of battle - too much stuff on one screen can create overload here. Thanks for the reminder!

These last series of posts sound very similar to my current level of progress. Still a lot of confusion sometimes, but I feel the pieces are falling into place more and more. Have not mentioned it here before, but I started a journal (now in 3rd week of posting) which can be found here...

At least we had better movement to work with today. Making more than my fair share of mistakes via the methods, and found myself right back in scalp mode after the FOMC minutes, so I'll just call it a day before I get too stupid.

Scrolled past a thread coming here titled "Confused Market" - that pretty much explains the action here - confused trader :confused: :D Tried to give em some time this aft, but couldn't ever figure out where to join the correct side.

Thanks, Jander. I was relieved to get out of the starting gate unscathed, since my decision to switch gears. Not the best result here to date, but that entails an idea I wanted to hit on in the earlier post this a.m., but was too hurried. And that being, along with my misguided focus on the...

Spyder - have a very enjoyable and safe vacation. There's no question you have earned it, for putting up w/ this rag-tag bunch (kidding, of course! ). And be sure to leave that danged laptop on your office desk :D

Hmm - talk about sailing in unchartered waters - LOL. What a different way to trade - gonna take a lot of debriefs to sort through all these new feelings. The second (and last) trade lasted one hour, forty five minutes - what the hell is going on :D This is a busy week in other areas, so am...

*** Proceed at your own risk of extreme boredom. As this is a personal journal of sorts, I guess its OK to dump out some self-talk here *** Wanted to get this in place before the mkt open, as I intend to take a more structured approach to what I am trying to accomplish. The long weekend...

Hi op7 - I couldn't agree more with your statement of "having the correct mindset". That, in a nutshell, is the 'Grail' . There are so many systems/methods/approaches out there that it simply does not address the crux of profitable trading, and surely anyone with any decent amount of screentime...

Boy - now I went and done it - thought maybe that was the name of some exotic glider plane - hahaha. After reading Wikipedia: Viterbi algorithm, I'm suffering from Excedrin Headache #29! Sure glad the intellectual groundwork was already in place before I arrived :D :D

Linear scale - horizontal rays (color coded as noted) overlayed in the vol region at the following values: Red line - 2500 contracts Blue lines - 4500 and 7000 cts levels Green lines - 9000 and 19,000 cts levels