Search results

Just like it took me 5 yrs to become good at my day job, it's taken me more time to get better at this. The reason it takes so long is that both fields - and many others - are dynamic and even though there are similar patterns/situations that repeat, no particular point in time is exactly the...

I do hate myself. I hate myself because I can't study this full time and I am still a breakeven trader (trading part time for 5 years - there's good and bad). I love also myself (answer to question 2) because I am good at visual interpretation and got a 30 in math - my highest score - on the...

2 down days trading last couple of days last week Back to about 33k Fuck this really just fuck it Friday trend was basically up but I kept wanting to short, but knowing that has happened several times in the past I only did one trade.

Fucking classic, only trades I take are losers... what a fucking joke

Got to my computer at 9 am , missed the best trade(s) (didn't sleep well, abd cramps, diarrhea). Not good trading conditions. There was a good one yesterday that I didn't take because I had already done 3 round turns, which is not necessary... Also I don't leave positions on over night.

End of Jan The worst dent in the upward curve I traded 17 futures contracts at different intervals. Absolutely going to limit myself to maximum of 2 trades per day.

Took another planned trade -400 Total for the day -800

I patted myself on the back and jumped up to tell myself what a great trader I am. Took a quick loss (little more than ideal) but the market was moving fast and I don't use hard stop orders. Action like yesterday and today is typical as we saw in the last few weeks... Huge range into...

Aaaaandd RLM closes down 40 points I had a very low Risk : Reward PLANNED trade entry @ ~1130 The only reason I write this is in hopes that maybe one of these days I won't fuck it up. Rather recently there was a similar day which I entered the trade but bailed out early. I need to get it in my...

Soon, the math will be: 5% of $100,000 (current net liquid) = $5k (max risk) Short 15 RLM @ 1127.7 w/ Stop @ 1130.6 Risk = 2.9 points x 15 contracts x 100 dollars per point = $4,305 Current price @ 1099 Reward = 28.7 points x 15 contracts x 100 dollars per point = $43,050

Money press in operation today but I didn't focus on the market this morning, so I didn't take any trades. Was too busy yelling at Geico reps for doubling my premium for a minor accident. What a fucking chump I am.... Old coulda shoulda woulda Planned trade was short at 1127.7 :mad:

The same exact... exact thing happens.. every.. single.. day.. Humans will never change, nor the bots they create. Exhaustion, indecision, reversal, panic .... ad nauseam in an endless cycle. I have (and will forever humbly accrue) the knowledge , skill, & experience to be a great...

I recently had the interest of this woman that I wanted in my life more than any other one I have in the past 26 years of my life. But guess what? I fucked it up for the same reason I am a fuck up trader. I haven't learned to sit on my hands. We arranged to meet last Sat but I continued...

Yea. It's becoming evident that day trading esp is just not doable as a part time thing. Scratched it because I had to go get lunch and have to attend a meeting in a few minutes.

Ok... this is the most egregious remark ever made. If I notice nearly every good trade I do the market continues my direction many more points, then my plan should be revised to capitalize on this. I looked back over last years trades. I should have no problem raking in money if I held on to...

Thanks for the advice. You are absolutely right. And everything you said is the reason for the journal. I know what my major problems are; 1. Not holding winners long enough. This alone would have probably given me a positive year last year and this year. 2. Trading counter trend...

No trades today too tired from work.. There was 1 trade I could have done for about 6 points x 5 contracts x 100 dollars per point (RLM). For those struggling, try writing in a paper journal. There are studies that say you are 30% more likely to achieve your goals if you write them down...

Has lescor explained how he prevents getting raped in strong trends? My strat has RTM aspects, but I almost always give back the money I make in strong trends ... I have no problem getting out fast.

NQ gives a much clearer picture than ES Around 800 on the 14th the lowest reading is registered as amateurs get wrong footed before the big move...

Here's gold..