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Same thing every open and close on the ES. This study confirms the saying "amateurs on the open, pros on the close."

I usually ignore volume in my futures trading. Tonight I was going through the indicators I used to play with and decided to take a look at an old one I crafted to try to see what professionals were doing. The formula below will give you a large number if you have a lot of contracts...

Last few trades have been during the night session which is tedious... a little harder to read price esp on RLM. As always, cashed out early...

Same old same fucking retarded problem as last year..... As soon as I scale up, I'm wrong. Not once but twice. I should have been wary of this as I had like 4 winning trades in a row, so it was time to lose. When the trend continues and I become a counter-trend trader unintentionally I get...

I realized I need to take back a sentence in that earlier paragraph; The crux of my trading plan is buying into sellers liquidating.... Still haven't stopped crying about my 1160 short.

I am such a god damn amateur ...... :(

Woes of a part time trader Honestly really shitty trading. My original position was great, but I took it off too early. I have to work a few night shifts so I got a great entry (stayed up all night) but I took it off way to damn early. I opened 5 initially, scalped 2, and took another 2...

I have to add that I don't solely rely on 1 min charts. I had looked over many time frames before taking both of those trades.

These are two trades I took yesterday. Made only $800 and risk was less than a couple $100 with 1 contract. A better trader could have made several thousand. If you have a plan and rules and know how to get out fast vs when to stay in 1 min charts are no different than any other chart.

Every day is yesterday Where else can you make $500 in 3 minutes? I had to shit while the market started moving down, so I missed the initial move... probably would have made around $1k had I gotten in sooner because I would have opened 3 contracts. Net liquid worth is 100k but I only...

This year, like I have done previously is make notes of what worked/failed in this journal. On my home computer I save pictures of trades and so far after looking through my trades so far this year I have done nothing but stupid willy-nilly shit. When I came to my platform this AM I saw the...

2013 was my best year yet, though it was slightly down (-1k). My trading account is currently around 30k. I continue to try to find a way to strengthen my edge. I believe the best opportunities arise when most people are in a lot of pain. Protecting $ has clearly become rule number one...

So ... Due to some shitty trade management as I mentioned before, I am barely back to break even with open trades. I used a smaller time frame to cut risk way down on these longer term positions, as I failed to do on the trades on JPY, CAD and GBP. I am holding 1 contract of gold and 1 of...

Was pretty break even this year until I started trying to trade long term again... Need to cut losers faster. Looking back, I traded counter trend on the daily time frames on GBP, CAD and JPY. Averaged up/down on all 3 of them.. pretty much accounts for the 3k that I managed to...

I might return to short term trading later. I think it's best at this point for me to step back and look at the bigger picture. I'm going to start applying the short term principles I've learned to longer term charts and go back to that report that publishes bank positions.

Equity curve looks like someones heart about to go into asystole Revision .... revision .... revision .... revision .... revision .... revision .... revision ....

Still nearly flat. I'm at ~$300 above starting balance of the year trading 1 RLM contract for a couple weeks now. One major problem is I can't hold on to trades very long because of either work or additional outside duties. Often times good entries will run for at least several days. I can...

So, took last month off just to watch and let the psychological damage of being a break even trader pass. I also wanted to make a switch to the RLM at the indirect recommendation of dbpheonix. I needed to make sure that the same principles that I applied to ES would apply to RLM, and they do...

No trades in Sep.