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    The price action facebook journal

    Wow, what a frustrating day... First trade, got out on BE because I though the trend i changing... Needless to say It has reached my target... Then missed 100% valid trade due to hesitation. Second trade was good altough a bit early exit. All in all 2 trades, 1 BE 1 winner...
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    Nothing wrong with getting rich trading hard, but will money destroy your mind.

    Great pont NoD, I'll sign every word of it.
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    The price action facebook journal

    Not able to trade today. Results for this week: +101$. Rasing shares to 305 from next week. Have a great weekend all.
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    The price action facebook journal

    RN, if I'll ever be a real trader, it will be a lot thanks to you and you ungiving seriouseness. Trade 2 - Thought I have an entry signal (1 tick above a reversal bar) at .16, entred and filled at .14. about 10 second later I realized the trade was by mistake, but as i saw that prive is...
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    The price action facebook journal

    ha?!
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    The price action facebook journal

    I guess you're right and a chart might be in place I'm ashamed because I think that I made at least 4 "never-do-this-if-you-want-to-be-a-good-trader" mistakes. Trade 1 - small winner, Great setup and a very early exit for no reason (mistake #1) Trade 2 - Enter by mistake and didn't got...
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    The price action facebook journal

    Real of course...
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    The price action facebook journal

    Very bad day today, in terms of dicipline, leading to my first negative day, -13$/4.3cps Chart not even worth posting...
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    The price action facebook journal

    Was only able to trade the first 1/2 hour today, and even that was on my way to the bus from my work... 1 trade +54$ (+18cps)
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    The price action facebook journal

    They wern't according to plan (1:1.5 R:R ratio) I admit that for the time being I feel more comfortable scalping just the leg i've entered in. I've backtested it and saw it has a positive expectancy. It's true that i miss a lot of the move from time to time and your suggestion is very...
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    The price action facebook journal

    Fail enough, this is a good question, let's just say that 2/3 of the account (24K/36K) are not mine and I sort of "manage" them for someone else for swing trading. So all the swing trades you see are mine but not my money. I only use my 12K to trade FB. BTW i'm out of EBAY at 52.43. -211$...
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    The price action facebook journal

    Hi all, some of you must be wandering what is the "grand plan" , so... Plan for 2014 My current account balance is about 12K. I'll be trading 300 shares at the start and be increasing/decreasing every week according to the current balance. I really hope I can average 15-20cps each...
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    The price action facebook journal

    4K Views :) Hi NoD, I saw you've mantioned the Al Brooks Books (the series of 3 on PA trading) in your original journal. I've managed to get my hands on them, but I'm a bit drawn back by, what seems like endless writing (the very dense paging doesn't help a lot), but I still want to give...
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    The price action facebook journal

    The way I see it the direction of FB isn't clear, and its didn't make a good setup for short just yet (according to my system) I'd might even be looking for a long entry if will get to the 56$ area again.
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    The price action facebook journal

    Really hoped that with the new year coming I'd be able to trade properly, Unfortunatly was on the road all day, was only able to trade for 10 minutes. 1 trade. +24$ (200 shares) Still holding GLUU MSFT and EBAY
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    The price action facebook journal

    P.V. Tape I'm not experienced enough to comment whether it's possible to be profitable trading only the first 1.5 hours of the day. Maybe some more experienced and profitable traders can comment on this. I can mention two things: 1) I know at least one very profitable trader which only...
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    The price action facebook journal

    Again posting now, 2 very good things happaned today: 1) I was able to sit with patiance and not trade until I had a good setup, altough the stock moved a lot. 2) I started using 1:1.5 R:R ratio and was able to reach my target. Raised shares amount to 250$, and will keep it that way for...
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    The price action facebook journal

    Thanks you! Forgot to update my swing positions. Closed MSFT on BE. I think I should have exited this trade earlier... Will re-enter if price goes above 37.4. Still holding GOOG, stop at 1109. (hope to not hit it be the end of the day :) ) Opened another swing on GLUU at 3.82. Stop...
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    The price action facebook journal

    Posting now since won't be able to post later. Couldn't trade the first hour due to work, great miss... 1 trade today +28$
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    The price action facebook journal

    Hi RN, I'll try to ullustrate the PA assasment from the open to the close of the trade (no hindsight BS :) ), I'd be happy for your comments, We've opened the day 08:37 (16:37 my clock): we've made a lower low suggesting a downtred is in place 08:34: (16:44): Perfrect short entry 1...
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