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jimmygold, Tell me about your daily goal strategy. It appears you call it a day after making 20 or so points. Reasons this works for you? Thanks, Don

DJIA flirting with monthly trend line support. :eek:

A. I am still having a problem with the process of adding positons. Only working on this with sim right now. After the first swing is made, there is a clear place to place a stop, but I am not clear on your actions during the first few minutes of a trade. When, do you move to a break...

Razor, That is sure a lot of trades. What timeframe is this? A post of a chart with trades shown might provide you with some helpful comments. NOt from me, but perhaps from A.

To everyone on this thread. There are professionals and numerous medications that can help all of you!!!!!!!. Get! Over! it!

A. I'm sitting here with beer and charts, usual Sat afternoon, and am puzzling over your averaging up. My quandry is if I see a strong move with momentum and I enter on a pullback, which I feel may be just part of a big move. At the next pullback I have 2 options, to take profit on the first...

Since next week will be the end of your journal, I suspect you will get a barage of questions. So, I'll start now just to break the ice. I notice you do not re-enter a trade after a loss and have stated so I believe in this journal. It is a falt that I have. Anything else you may offer on...

A. I know you are right about the mental aspect, Lately, though I am not really a religious person, I am adopting somewhat of a religious take on trading. If a person believes in a method, they should quit listening to the DEVIL! Those pretty indicators, those split second impluses, those...

IMHO looks like a hull 10 period with +1 displacement works well on a 5000 v es chart. Maybe less evil than sto?

Anek, What size stop on that last trade?

Thanks, Razor, Just luck at this point. Why don't you post your chart. Helps to get input.

Anek, 3 trades today 2 win 1 loss +4,-4,+4 Would you offer comments on my entries/exits or lack of same? Thanks, Don

Anec and Stealth, I usually start off the day with a bad trade. Do you have certain criteria you look for each day, perhaps not to trade before a certain time, or to wait for an initial high and low to form? Again thanks, Don

Anek, Good response to the neysayer. I was wondering how long it would take them to stick their heads up. On eliminating the sto for an indicator, I do not know if this would be an improvement, but I find that years of viewing the sto as an ob/os indicator still influences my being able...

What ever happened to what's his name? You know that fellow that would always double down on losers. Had great recovery posts! Haven't heard much from him lately. What was his name? Kind of reminded me of the fellow who didn't use stops. What was his name? Oh well..........

Stealth, It appears you must be using about a 200 tick chart or minute equivalent. At least that is what is seems to be on my IB data feed which is not true tick. And given that time frame it looks like stops might be up to 30 points. Is that about right? But with runs like that last short...

Stealth, your comment on Anec is right on. I have played around for about 20 years with trading as a hobby. Now becoming serious, and I fully appreciate the what Anec is doing. Very rare indeed. Anec, On the first congestion area you circled today, it looks like there were a couple of...

Same here. Up for the week. Gotta follow Anec's advice more closely, especially regarding using only 1 indicator. Trying to use others as filters really does create confusion in my little mind. Confusion leads to hesitancy, hesitancy leads to bad entries/exits which lead to losses, which...

Whew! Ended up a few points, but only from luck. Quite disapointed with my stop setting today, and not taking profits at resistance/support levels on such a range day. Kept holding them waiting for that rocket blast. Good to hear Anec's comments, makes me feel a little better.

Calling it a day. Good morning for me.