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@ 9.1k with the account. Held onto position just long enough to recoup half of what I was down. Trend is undetermined for me, so I am staying out.

Price divergence between DIA / QQQQ show we're at a top, same thing with my TA says to sell. For some reason I'm still long, going to wait for break of a trend line to stop/reverse.

Breaking my rules like the usual idiot. -1k (@ 8,663 with the account.)

Accidental exit at 2323.... Guess I forgot to cancel a limit.... F**K Buy limit placed @ 2323 for now..

Crazy price action tonight... Regardless: Long x 1 NQH1 @ 2293.25

Failed to pull the trigger this week on a clearly bullish trend. Tried setting buy limits on price on seemingly support points.... Failed so hard 3 times... prices came withing points of triggering my limits, guess it's another form of letting greed lose you money..

Strategy has changed a lot since I began the thread. I incorporate much more into my trading now. Though it might make it harder to trade, the more statistics in your favor, the better your probabilities right?

+ 587.55 on 1 NQH1 today, trade still open... account @ 9.1k I'm going to put a sell stop 100 dollars above my entry price (cut losses short).

Part of the reason for no trading is the fact I have changed my strategy a little to incorporate more technical analysis, and fundamentals. Today I was finally motivated enough to create a back test of my new pure TA system (does not take into consideration fundamentals). Other than this I...

No open positions today. Need price to confirm ideas.

Very true, and thanks for reminding me. In this journal I have mentioned that those are 2 of my biggest enemies: patience and leverage. My trading plan has evolved each step of the way. When I first started trading, I used little to no TA and didn't pay attention to the news. After 18k...

8.6k , 100% cash. Didn't trade last week. Indicators are too mixed.

In 100% cash and account value at 8.8k. Have made 3 profitable trades since I started the account late last month (Started with 8k). Even for my account size, 1 contract of the NQZ has too much leverage, too bad I can't trade less, but it's my only choice as there isn't a "cheaper" index contract.

I have widened my market analysis to 15+ market internals to determine direction. Let's see how it goes. Currently up on a position around 500 on 1 NQZ10 contract. Looks like I'll be exiting tonight.

This journal is again, an attempt to keep a log of progress, as was important in the development of many a good trader.

Thanks to my day job, I can have another go at it. This time, though, I am playing a lot differently... Just finished reading some material that have added to my perspective on the market. The book(s) basically reinforced what I already knew about the markets, but failed to practice...

Around 15k in the pit now. Not really going back to the drawing board. Like I have posted, I think I have really good strategies, I just need to go easier on the position sizing.

Any advice on teaching oneself not to care about money? That's the one problem I still have is getting really emotional no matter how many times I tell myself "it's just money." I either feel really good and get cocky, or get really depressed and get sloppy. It's a shame when you can...

Soon will be the harder part: following rules...

Guess I can still post my trading ideas. Purely technical indicator based back test on trend following system (to 1996). Was using this to aid in my decision making before, but approach was too short term for account size/contracts I was holding.