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Thanks for the response man. You are very insightful and I especially gave more thought to your money management information. You are correct, if I were to risk 1% per trade, and trade 15 times a day, and lose on 10 of them, that is a 10% hit to the account. However, at least on my back tests...

I know! I didn't feel all too well this morning. I should have observed for a while I think. At least I live to fight another week. Pretty sure I met my trade quota so that I'm not charged. Ahahahahha :confused:

Was rough. I'm out. Max loss. $-166 today.

24OCT2014 Prep We are still in an uptrend on daily. Price hovering above the channel mean. Mean down at about 3900, price is at around 4002. Uptrend channel on Hourly broke yesterday. Price retraced more than 50% after yesterday's climb, which could suggest traders are satisfied with their...

Morning chart...sorry.

23OCT2014 Review I am finally proud to announce that I traded with discipline today. As mentioned earlier, I avoided range and CHOP, and I also didn't trade for a while during the open. The range at the open actually began at around 0800 and continued for a while. Today was filled with the...

Thanks. Well at least we survive to fight another day.:cool:

Ouch! Today I did well. However I'm still recovering from this weeks early losses. Goal right now is flawless execution of plan and honest introspection while trading. Focusing on this helped me tremendously today.

Great day. 14.25 points! I'm teaching my father in law the famous buffalo chicken wing recipe. Gotta go. Report tonight or over weekend. Goals accomplished today: 1. Focused on discipline and plan more than my P and L 2. No Range/Chop plays. 3. No over trades nor trades at the open...

AWESOME! I"ll be here 3 out of those 5 days,. In laws in town. Took vacation to "HELP". I am helping.

Googled it but sounds like a futures contract that is deliverable sooner?

I have a lot to learn in this business...spot?

LOL. What's contract size there? Like 14,000 euro? 20K us?

Answers in red.

Happy to report, I patiently and with discipline watched price range quite a bit in the morning, without trading! Also, I picked the best setups, generally range breaks, and have a nice profit so far at about $185. Today has been filled with Climb then Range, Climb then Range. Got stuck a...

Yea...I would definitely need some SIM tests to see if I should. Sometimes it goes nowhere, but other times, price still moves.

Full report is going to come later, probably on weekend. Had family "stuff" last night. Today is going to be filled with watching out for my two struggles/areas which are essentially a lack of discipline. I'm staying out of CHOP/RANGE, I don't have a system that I've tested that works in it...

Full Report due tonight. 2 obvious hurdles that I have to conquer. I need to spend time trying to understand the lack of discipline I exhibit during the trading day. Hurdle 1: I overtrade. So much for sticking to less trades. Emotions play a large part here, but also lack of discipline...

TurveyD? What's that? More off your 2 trades than your job! woo hoo. I did that yesterday. Can't say the same for today...but I'm not well paid either.

I feel good about this morning. I'll post my day's review this evening. Obvious CHOP/Triangle range. Traders really like the 3968 value range for now. Premarket range broke both sides top and bottom, and I tried both ways with some very small scratches. Most of these 4 trades I took moved...