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Here it is again, just to show I am not monkeying with it.

Nice bounce off the overnight low, low, low (wow). I am almost back to my Friday balance of $3,523. As you might have guessed, my 20 tick stop was sliced through multiple times in the last two days until I expanded it to 40, and that brings with it its own really huge problems. Of course, I...

(I wrote this yesterday but never posted it.) What a day! Should have been an options trader or had a big account with a short on. Someday I will be able to do both of those. I was so right about the impact of the virus, and finally everyone listened to me... except for me. I should have...

Here we are, at the end of week #5. I crossed the $3,500 threshold this week. I am pretty happy, except for yesterday's small loss, and the recent variability in my daily P&L. At my goal of "2% average per day," I should now be getting about $70 per day based on $3,500. So you can see this...

I lost about $30 today. I was up $30, but the market kept going down when I thought we'd get a turn late in the day. Keeping the losses small is SO IMPORTANT.

Most important video of your entire trading career. Anton Kreil is a legend.

Today's result: $111.36

All I can say is "I paid my dues." My win rate has stayed in the 80% range during the past 13 years, but I attribute this mainly to my small targets, as mentioned in the last post. From the very beginning is was thinking "base hits, base hits" and it worked. For me, the biggest problem has...

I agree with your comment. And a long time ago I gave up feeling bad about missed trade opportunity. "There will always be another trade" is another big slogan of mine. And speaking of trades, my biggest was $26. So I can let some run after all . . . .

There appears to be a trade off. "To be good in trends, you need to accept a bigger stop. To be good in ranges, you need to accept smaller targets." But what if the two really are not mutually exclusive? What if a wanna-be decent trader (like me) says "all my trades start out as scalps"...

@mbondiett I feel like I have been a victim of "indicator creep." Even after all the charts I have posted and the many words I have written, I realize that more is not always better. We need to make QUICK decisions most of the time while trading. And the more we have to process before we...

Up about $100 on this crazy of crazy days. If I hadn't followed my rules, I would be down by at least that much. More later...

Hey everyone. Please fight via private message? (It's my journal, LOL)

Hi @Sprout. I was introduced to volume a while ago and actually use it in many of my trading decisions. (1) I use a volume footprint chart on the short term (2) I use the Cumulative Delta line on the medium term (3) I use a delta volume chart on the daily long-term timeframe Volume...

Good trade! (If you got out before it retraced OR if you are still in.)

Final report $6 net. Still green!

I then took some losses on the MYM, but finished out the day with 6 tiny short scalps on the MNQ. The first three (1)(2)(3) were a bit risky because we were still above the 200 sma. But the last three (4)(5)(6) were high-probability trades because we were at or below the 200 sma and taking the...

Chopfest!!! Another "Whew - Glad that's over!" day. Again, I ended positive, but barely. I need @Overnight to show me how to take longs when the market looks overbought and covered with wheelbarrows full of bull #@$%! (They all have "Property of the US Federal Reserve" written on the side.)...