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I didn't do the exact number crunching as pertained to the measured move and it was something I should've done. I was eye balling it. I thought it was trying again for it's measured move potential but it didn't happen. When I recalculated everything, it missed it by .01 which essentially says...

You're right on controlling the losses. Today my stop saved me. In the past when I've been too complacent with stops, I used to manually exit. However, the problem is that one can't be consistent at it. Some I thought were good manual exits and some I let it run for too long. Wishing and...

+40 The stock just tanked today. I thought it would be a drop but not one this big. My loss of the day was again trying to get the second leg of a measured move. I'm done now. Get out while ahead. Today was a day were the bars didn't hug the EMA much at all. There are times one would...

A lot of these trades, I try to get the second measured move. I usually go in when it breaks resistance or support. If there is something I'm doing wrong, let me know. It's hard to judge, some moves go without it being close to the EMA. Some need a pullback to the EMA before a move. This is...

I dunno but does my explanation of my losses make sense to you? I just like to hear from other price action traders and see if they can agree on the explanation of my mistakes.

+213 It was a last grasp attempt and I honestly had to leave this morning so no trading for me. I set an entry buy at the end of the day yesterday and an exit today before I left today. I could've gotten all my losses back and then some but I played it safe. After much debate, I originally...

After looking at the 60 min chart, I can see why it went down on the first trade. Otherwise, I wondered why? What gives? It hit the upper trend line of the prior couple days. Really tough, I can only have so many charts to trade off of on my lap top. 1 min, 5 min, 15 min, 3 month. I can't...

-260 I got destroyed today. It was choppy with lots of overlap. I'll be have to go back to the paper for a while. Perhaps I still don't have enough screen time. I can't tell if it's going to be a pullback or be another trend bar. A lot of big losers. Bought 116.80 09:37 Sold...

I'm actually really concerned with Penson since their latest screw ups with 1099 Tax Documents is really bad. With all those errors, seems like they're running a shell company. No one manning the wheel. I'm actually worried. However, isn't our money protected by SIPC? Isn't that...

I got caught in two traps today. One Bull and One Bear. One the Bull Trap, I was thinking that it had overextended itself and a pullback was at least due to go back to the EMA. It went one tick above the prior green signal bar so I entered. Tough loss, was thinking it went past it's measured...

-26 Tough day. Although all of it is due to commissions. Got myself into a couple bad trades. I worked all day to get some of it back. I gotta let go of the scalping. A couple big losses kill the scalps. Bought 116.00 12:04 Sold 115.62 12:09 Ouch. One of problems I have is the...

You're right.. it was hastily done. Usually when I traded counter trend, I would go in on an overshoot. I would set a limit order price beyond the trendline and if it over shoots, it goes right into my price because I know it will correct 90% of the time (How much? That is a different story)...

+26 Mixed bag today. More trading range activity but the bars didn't have too much overlap which was good. Could've held on for more gains but I still need more breathing room on my account. Calling it a day. Don't want to push my luck and don't really want a negative trade to report and...

Losing trade of the day. Was meant to be a small scalp with counter trend buy/sell entry. I could've gotten out with the scalp had I waited. However after it not moving for a while and concerned that this was its consolidation point. I took a slight loss and didn't want to chance it. I was...

Correction on scalp written as: Bought Cover 119.24 Sold Short 118.26 Bought Cover 118.24 Of course when I'm away and return. The choppiness and channeling subsided on its rally up. Too late now.

+24 My losing trade of the day was trying to buy at a support level. I didn't do any line calculations as I was trying to do it quickly before the price got there but I was wrong in that it went past my entry. Way past my entry and I just held on to exit with a .01 loss. Had I waited...

+20 A lot more of the same old channel and chop. Tough to trade on this pattern. Just getting out early now to try to build up some breathing room. I know that I'm getting out early. Sitting through pullbacks has been tough especially in a choppy chart. Sold Short 120.95 Sold Short...

+7 With an account running on fumes, I put in just enough to be barely over 25K so did one trade only as I had to leave to attend a tax session. Got in and got out. Got scared on the pullback and opted to get out. May have to go back to the small gain days for a while until I have some...

Thanks CLM I had the same problem with my entry today on the paper trade. Ended up same as Friday as barely positive with scalps. I didn't have a higher stop because I looked at the P&L and it was close to -100 so I bailed. I need to set in stops. Unfortunately I couldn't set them in on...

So I did the demo today and basically had the same problems with the strategy that I've been using. I eventually ended up on the plus side with the paper account via scalps but this was my biggest loss and it's no different than a lot of the other losses that I've had. The entry bar was one...