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I don't like sugar coating either, so let's get to it... Right now I'm not sure what steps to take...I ask myself this often. Go back to SIM? Document more bar by bar trades in excel? Get counseling? I know I've only been live for 2 weeks and shit happens, but I do ask myself this. Read more...

Thanks for the ideas TD. Changing instruments is definitely in the back of my mind. However, I'm clearly the problem. :eek: I would gladly trade any instrument that showed my set-ups. You know, most traders kind of give away their set-ups if they post charts. I trade anything but my set-ups so...

The obvious is that there is absolutely no reason to take so many trades. I'm struggling. Follow your plan! I know. I tell myself to follow my plan, yet I don't. Why is that? Because I need to be right? Introspection tough sometimes. I want to learn to wait, to watch, observe, see "the setup"...

"I'm that good. I'm that brilliant. I'm better than the market. The market obeys me." INTROSPECTION Deep down after today's session, reflected. These are some fundamental (unconscious) thoughts that are reflected in my trading. How poor is that! This also explains many of the trades that I...

Prep. 10/29/14 Price is currently above the mean of the daily uptrend channel. Mean currently around 4000-4005. Price has continued to stay here, and it could test the upper extreme, however that would be new highs especially after 4100 yesterday. Price easily pushed off the mean, which...

I didn't trade today. At work. I'll have something tomorrow. Probably in the range of 75-100 points. Profit. :confused: Take what the mkt gives. Nothing more.

I'm able to trade tomorrow morning session. I am looking forward to it. Traders pushed price to almost 4100 today. I replayed today bar by bar of today's session. Pre market even had some nice moves. I went back to ground zero and traded only the method I practice in SIM, which already PROVED...

What? Crazy. Like literally attacked?

Thanks TD. I think I do under estimate it. It's very draining as mentioned earlier. However, I also find it "fun" if that's word. At work today. I'll replay today bar by bar, I should be able to trade tomorrow's AM SESSION. I'll rearrange my work schedule when I find clear consistency live...

Yeah I really notice a big first move. Today was good. I ended up 3 points. The bad new and what made the day bad was that I was up almost 13 points. At 13 I took a break and on last weeks discussion I wanted to stop. I should have. I should have booked it called it a day. There's got to be...

Here we are folks. Monday October 27th, 2014, Crisp morning here in PA, and we're looking forward to another 65 degree day. The daily channel has price sitting above the mean. It has DTed with price on 10/9. Traders are still finding value in this channel, as suggested by AMT. On the hourly...

I will. Tomorrow's a fresh day. I'm ready. Prep coming at 745. Those wings are deeeelish! Make sure you cook em long enough in oil, meat will just FALL OFF. See you all tomorrow J

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I've seen this too. An unwavering discipline, almost Army Serg approach to a plan. Then, the, "it's ok, some trades lose. Next one!". The rigorous testing of a plan with statistics, yet the trade that scratched...again. Interesting..

So discretion = random variable. I agree with you. Loved this quote. "Know exactly what you are looking for (signal wise)..., Know exactly how/when you will act..., Know exactly what you will do throughout the entire trade..." I hate admitting when I'm wrong, but like I said yesterday, I'm...

Great Points. Today I'm currently reviewing past charts, because I've noticed that I'm a bit too discretionary on exits--needs to be defined. Discretion needs to exist sure, but I prefer to limit it to some well-defined entries, management style, and exits. I agree. This is a great defense...

I hear ya. I find that when I'm trading, I start getting worn out by the afternoon session, and this leads to a lack of discipline. Trade management is a really effective tool I'd agree. I generally risk between 1.5-3 points each trade, however, I've been able to scratch some at B/E or simply...

Thanks RN. When you say I do have the framework, are you suggesting this works, but consider adding rules to let winners ride, instead of exiting a potentially really profitable trade? I don't understand the difference between day trader scalping, and traditional scalping. Is traditional...

I've got an interesting question....can one's edge in the markets actually be money management, and not related to set-ups at all? I ask this because many set-ups are identical for many systems..especially the buy/sell on a pullback. Whether it's a breakout of a range/wedge pullback, a...

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