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Only thing I want to stress upon is that the one you mentioned in your Para... The only way i would have typed is fear of A QUICK REVERSAL. You see the if you dont put a trade to test ur theory u miss the trade anyways 2ndly if you do put a trade and it Reverses - you just paid BRIBE to...

I feel bad that you have failed or lost hope.

No other clue's other than what you already noted. However, the Long you took was a speculative trade to SEE if NQ bounces from that point. It did not - resulting action given the already weak market would be to Short at the continuation of down trend, which you did not take. Do you look at...

Statistical bias means...an exploitable edge. if its statistically significant.

Answer is in your comment. IF you see a satistical bias to one side and that is Unprofitable ........ it means....... to be profitable.... one needs to flip sides.....

That is precisely the EDGE for a small player.

When the efforts seem to undermine the return, it attracts anyone. Seemingly 50:50 odds to begin with strengthen your dellusion that a little needs to be done in order to succeed. Can gambling with better odds than 50:50 be easy...sure! Day Trading can be addictive yes, but its not purely...

...OR 1. I don't know when to take profits. 2. I have no basis defined for Exits 3.......

Ur welcome Jas, About profitable days, they are usually trend filled days with little or no reaction. Once you learn to SEE them, you will know that the only way to take advantage of Trading is to trade multiples of contract on these moves. This is the Only Edge in trading that pays...

NP Jas, There is an age old method to identify root cause of a problem. http://en.wikipedia.org/wiki/5_Whys To start, Mac needs to state his problem, in this case - he seems to see a set-up in a choppy or sideways market and executes, only to see it fail very soon. It takes a while to...

Reason to exit a short should be same as entering long and vice versa..!!! There is a "5 WHY's " rule to find any root cause. Try asking and answering it untill you cant ask another why. That is your root cause. Document them here ... lets go.

Try again, what is the core activity? What you just said is how you try to be profitable.

If you are sport... Tell me in least amount of words, preferably one line and use only 6-10 words - "How do you make money in trading"

Would you jump from 10th floor, because you lived through the fall of fthe side of the bed. Just because clicking is easy and trading is exciting, does not mean you can keep executing useless setups. Now some calm words.... Sit down in quite and try to understand what this Business is all...

1. Are you a Day trader 2. What do u trade 3. So if you traded on the days you were confident, you will be profitable !!! is this a clue ? 4. DO you trade in familiar stocks/contracts all the time ?

I am glad it helped you. Just wanted to point out. That the quoted line might subconsciously sabotage your game...... When you are below that target you will feel you did not do good, above it you might get careless....and around the target you might leave some on the table that might...

Poll results show that the free markets exist... both side are represented. ahah

Good Job Jas, Keep a objective mind and just focus on the price action. Thats the ultimate key. There is no loss in missing a trade. U did well.. Try to do market orders when you feel you are ready. As taking a position is as important as identifing the trend. Also, After the day is...

If you think about it like this. Now is Now. DO not think of the Past or imagine what the future is going to be. If we do things right at this very moment. When this becomes the Past - we have a good past now. And because our positive actions now - our future has th potential to be great as...

Thank you, I will check them out..