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And no, I am done for the day. I did 2 trades and that is my limit. 2 winning trades in one day I am out and eating steak dinner. 2 losing trades in one day and I am out eating wieners and stale bread.

The effort you put into right now will pay off big time in the future if you put into practice what you learn. There is nothing wrong with 1 point. Profit is still profit. I hope you are not trading very much right now. At least until you really get the feel for this market. It may take...

I was watching that as well. I don't trade the NQ but I do keep an eye on it. Good trade.

I did just do a scalp trade for 1.5 points on the breakout of 1277. I went long at 1277.25 and exited at 1278.75. I only did this trade based higher volume and the fact that 1277 was getting stronger as a resistance level. It just takes some feel to work this type of trade. All methods take time...

One thing, can I ask how you have traded this market? I am asking because one thing is different here than stocks is that the earlier you put your order in the higher on the stack it goes. This market is first come first serve. As soon as my buy order went in so did my sell order so I was up...

I got filled at 1277. I didn't modify anything this morning.

Anything can happen. That has happened before. The same could have happened with K-Rock also. You just have to develop a feel for it. S/R breakouts happen for a reason, they are high probability. Not saying 100% though. The longer you do it the more you develop a feel for it. One thing is...

I got my 2 for the day. Will keep watching just to see if it comes back again. I might take it for a quik scalp maybe 1 or 1.5 points. We'll see. Good job everybody, 4re

I personally don't think you did anything wrong and I want your opinions as well as everybody elses. Trailing stops are a great thing. I probably would use them except that I am not a full time trader. I don't have the time to sit in front of my monitor all day. I do however have the luxury of...

Don't get me wrong, last nights message was not directed at you directly. You just happened to be the last one that suggested it. I have heard it before. I always encourage everyone to form an exit strategy that fits them best since everybody has different circumstances. If someone feels...

Thanks for all the positive feedback, I really enjoy doing this thread as it acually has kept me more focused and disciplined. And you guys have been great to work with. I have been very surprised about all the positive feedback that is recieved on a daily basis. I only hope it continues if/when...

I hope not, I think you are probably more disciplined in this than I am. That, my friend is a compliment.

Hey Everybody, One of the most frequent things I hear on this thread is that I leave too much money on the table. The market trended all day don't you wish you would have stayed in and captured more money today. I always answer no to this question. There are several reasons for me to pick a...

Here are my numbers for tomorrow: I have 2 plays for long and short tomorrow just in case one gets taken out in the pre market. I hope the chart isn't too jumbled for all to see. Some of the levels are very close together so that is the only way I could do it. Long 1275-1278 if this gets...

I have my trading platform programmed for my target and stop loss. I can click one button to change on the fly if I need to exit early or if I want to let my winnings run a little more. I rarely do the later but I do it every now and then when things match up right.

Romik, Every trading system seems very easy when you put in the time and effort to master it. Like I was just saying to Porgie, our methodologies may be different but our trading styles are probably very similiar. Number one find a proven method that fits you personality and master the mess...

Porgie, While our methods may be different we probably trade a lot alike. It is very hard to get people to settle for 2 points when at the end of the day they see market moved 20 points. I really believe it eases so much pressure to make a mistake if you simply identify a target and get out. I...

Today was actually a pretty good day. I was out fairly early but the first long at 1265.75 worked 3 times and the second one at 1270.25 worked twice. I olny traded one each but with large positions. Porgie was right when he talks about the ES trands not being there anymore. It is hard to...

Don't I wish...LOL:cool:

Glad you got away with some profit anyway. Just remember you can always sim trade until you get it down. I would advise that. If I were you I would not trade the news right now. Wierd things happen and you can either make or lose a lot very fast. Be careful and don't trade haphazzardly. Good...