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-17 today on 3 trades, so basically I lost $5 and $12 was commissions. I have the tendancy to be impatient. I do good on Sim but not as good real time, because I am more patient on Sim and feel that I might miss the big move when I am trading real money, so I initiate the trade early. All 3 of...

-157 on 3 trades...

So knowing 1-3 years, how do we profit from it?

Not a good day P&L wise, but can't compalin after a long time. The first trade was a short at 7cst, it was a pullback after making a new low and I got stopped out for a loss. The first half hour is uaually a difficult time to trade for me since I've seen more quick moves in the opposite...

I am creating this to write down what I am looking at when I trade. I have traded in the past, and have been out for few years and tried again few months ago, and it's different and not going good. I am going to give this one last try and if this does not work-out, I'll be doing something else...

I haven't had the time to update this journal because I was out of the country. I tried trading from there and lost. There were 2 reasons for it. The past few weeks the markets were pretty volatile and there was no decent internet connection. I should have just enjoyed my time without thinking...

-376 week. This week has been one mistake after another. I entered early on Mon/Tues and Wednesday which resulted in losses. I usually enter 1 tick above the previous 5 min bar high but not sure what I was thinking. One of the problems with entering early and having a loss is that when the...

Trades

-246 today. 2 trades in the morning and 2 losses. I was expecting a reversal and went long but got stopped out with losses. I went back and looked at my charts and noticed that the reversals are usually storong as all the indexes are making new highs/lows. Today Russell was still trading...

+350 today. There was a divergence in the morning and I was expecting a reversal. I entered short but got stopped out with .5 loss on a trailing stop. I should have re-entered again at 62.5 but hesitated. Reversals are usually good for 10 points that I missed. The second trade was a weak...

Oh Please!! You keep asking people what their capital is but won't tell your capital when asked. With so many posts per day, I doubt if you even trade.

I'm not really concerned about the naysayers....I'm sure they will show up if I have few more losing days just to say, "I told you so".

I will certainly keep that in mind:D

Thanks...I use both indicator and price. Indicator to tell me when it is less risky to enter, but I always look for a confirmation from the price to actually enter the trade. I use divergence on multiple indexes and/or ETFs. The drawdown and win numbers look right.

-242 today.... Just couldn't read the market well. 1 win for 1.5 and all other losses. It was one mistake after another. On the first trade, there was no divergence but since the market was strong, I felt it safe to go long and lost 4 pts. Second trade was valid-set-up but the trailing stop...

Even though it is too early to give suggestions. Here are the few things that I have learnt. 1) Trend is your friend: We do not know when it ends but it is a good idea to buy pulllbacks and exit preferably with a profit rather than waiting to ride it all the way. 2) How do one know if the...

are you? what's your starting capital and how much have you made so far?

+145 today. Made a mistake on the third trade. The trailing stop should have been at 48 instead of 49.25. Everything was pointing towards a reversal and would have been good for 10 points, so instead of making another 400, lost 20+ commish. No more trades for the day if I do not follow my...

No trade today... There were few short signals but did not take any. On the first short signal, I had an order to sell at 69.75, with a stop at 73 and buy-limit at 64.5. I entered the order when the market was bid 70-ask 70.25, but my order didnot go through because when I attached a bracket...

Trade..