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  1. C

    Burton's Journal

    First week here and keeping track of all my trades has been different. Kept me from overtrading and if I hit a winner early I just stop. I very rarely did that before. Also today tried something new as soon as I got into the trade I'm filling in my targets and stops (attached picture) Then I...
  2. C

    Burton's Journal

    Drunken Monkey Trading-- I got it under control knowing I was going to post all my trades no matter what makes a difference. I probably won't break down the drunken monkey trades much. I was thinking about all the paperwork. I had in my mind a little bounce up in the morning then lower. So...
  3. C

    Burton's Journal

    After FOMC Trade Retest of R/S (pink line) Pretty clear r/r 3 lots Result - One thing on this trade I took off 2 lots for 3.75 and 5 pts. In reality, I probably would of held those 2 lots back to my original stop loss of 6 pts. Especially since the last trade went against me and I...
  4. C

    Burton's Journal

    Setup--Retest Break out area. Liked the risk reward on the setup so took the trade with 3 lots. I sold it as soon as it came into that price not after it wicked up. In the morning I'll get in more on that first retracement hoping for a quick reversal without much consolidation. First trade...
  5. C

    Burton's Journal

    Trade 2 of 2 Wow, this is going to keep me from overtrading! I used to do this to my personal blog several years ago but this is different because I have another layer of accountability. Much better looking trade. I am entering this trade with a lot of chop to the left but good bounce off...
  6. C

    Burton's Journal

    1 of 2 trades. All I could think about before I got into the trade is you better have a good reason and clear R/R before you get into a trade. Last night on TV I watched a police chief that was complaining about a new regulation that paperwork had to be filed every time an officer pulled out...
  7. C

    Burton's Journal

    I use Tradervue for tracking my trades. I've been loving it-super easy to use. Knowing I was going to post this trade already had me thinking differently. You can see the red and green diamond for entry and exit. Coming into today- We have had three straight days of Gap and goes into lunch...
  8. C

    Burton's Journal

    Brief History of Trade I’ve been day trading since 2007 and I started in a trading room, not a prop firm more like an office that collects commissions and sets everything else up for you. No training at all, they gave you leverage and you were on your own so I just started hitting buttons...
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