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So a rather unexciting day for me today...which I guess is a good thing since I think there has been WAY too much excitement lately :) I was a little cautious going into the morning b/c, again, I didn't want to make any mistakes or at the very least keep the mistakes small. Further, I was...

Ive been trading options for over 10 years...nothing to serious, just swing/momentum trades with big movers, set my stops and targets and walk away for the most part until something happens. Off and On day trading for the past year and half...seriously day trading about 3-4 months. Picked a...

Man it is unbelievable how this thing just keeps going up. Any time even the small push down comes a bunch of bulls come in and pop the thing right back up. Interesting to watch.

~~~, I like your ideas. Something different I think is good. Maybe I will give that a try. Taking a shower also gives me time to chill out and re access everything so I like that. RedNeck, Keep the food for thought coming...need to think about this stuff :) Bigsnack, Now that...

Boli, thanks for the vote of confidence. Man, I hope it doesn't take 10,000 hours of this, thats a lot of emotion and stress rollercoaster rides. Have you guys ever thought about how long 10,000 hours actually is? Working every trading day for about 10 hours for about 4 years...thats a lot...

Let me start off by saying how unbelievably mad I am at myself. I violated one of my cardinal rules of moving stops with my last trade of the day. It was one of those deals where once it happened...it was like what did I just do? What was I thinking? I can't believe I just did that. I had a...

Today I wanted to go into my trading with trying to be as thorough as I can in my notes. Writing down what the long term trends were, near term trends, emotions, more detail in my trade set-ups, etc. It was really choppy all day without a lot of volume. The only set-up I have during these...

Hey Everyone, Thanks for all your latest comments. I welcome the criticism and advice. Hopefully, I can figure out this emotion thing and get it sorted. I am realizing, and maybe some other engineer types can chime in...that Im pretty unemotional in most aspects of my life. With trading...

Another rough day. I traded really really poorly today...I give myself a "D" As I said earlier, just did some really stupid stuff and made similar mistakes that I should've learned from by now. I watched the 512 tick chart today after going thru some with bigsnack and I think Im going to go...

Ya I guess thats why I posed the question. I know what I am trying to do and my "set-ups" are and how detailed they are, but I was wondering if there is a "more" correct way of doing it.

I have a general question about how you guys define a system... How specific do you get? I mean, with PA it can be very very specific or maybe not so much... IE. For me to trade ALL of the following must happen: Must be positive trending maket, take a break out trade once at least 1 HH has...

Yes, but I am still realizing this as it is a work in progress b/c my emotions are dictating a lot of my trading. Yes, I agree, my set-ups are way more specific than that, those are just my better set-ups. I do have 1-2 that I am comfortable with that Im "trying" to focus on. Honestly, the...

Still trading today...pretty frustrated with myself today. I've made some of the same mistakes I've been making in the past couple weeks. I don't know what my deal is. Times like these I wish I had someone (like a coach) looking at me ready to chew me out or hit me over the head and tell me...

That all makes sense... Do you have a min risk:reward ratio you work off of? After going thru my previous trades and doing some backtesting, 80-90% of the time with my breakout trades, the trade either works right away or it doesn't. Back to NoD's comment yesterday, it seems just giving...

Chart 1, What you guys say makes sense... Chart2, Would you be long on that 1st wave up above 1092 or the 2nd push? That area looks like chop to me so I have a hard time verifying the s/r, need more time i guess. Also here is the rest of the day. How would you handle the rest of the...

Here's another for your viewing pleasure and input...thanks!

Bigsnack, I found a chart thats not quite the same as today but similar idea...So where I have marked, you would look to go long there? If so, with what kind of stop and what kind of target?

Nod, Thanks for the analysis...The whole "wiggle room" thing is something I definitely need work on. Would you only let the PA dictate what you were going to do in trade 1 had you done the same entry as me? Meaning it doesn't matter what the stop is, the breakout failed, exit right away...

So went back into the market today. I was pretty happy with the way trading went. Stay fairly disciplined and kept proper notes. I noticed during my bad streak I was keeping really poor notes. Not writing down what set-ups I was looking at, why I was entering/exiting, etc. Trade 1...

Hey, A couple things...first are you sure something is being downloaded or is a process just running or both? I would disconnect yourself from the internet or wifi or hardwire or whatever during the times which you think it is downloading and then take a look at your system processes that...