Search results

The market is currently at 1512. I think that the main thing that I have going against me is that my trade was too close to the zero line of the day. I am somewhat confused right now. I don't want to fall into the trap of mistaking a good entry for a good trade, but at the same time I was...

SLD 1510 OPEN 10:42:37 Even though it's going up right now, the market action looks really weak to me.

I'm not saying that this was the best idea, but here's what I was thinking. I had just lost a point on Trade 3, and there was still 30 minutes left. I knew that mentally I was in no position to go for a bigger move, but I felt that I could manage to scalp the price action for half pointers...

I was able to get enough half point scalps to bring me to net positive for the day. I was trying to force something to happen on Trade 3, and I got hurt for it. The other thing that hurt me today was that I could see that the market was going higher, but I didn't want to believe it. Today's...

I ended up exiting this trade at an average price of 1509.

SLD 1508 OPEN 13:06:12

I exited the remainder of my position at 1507.5

I just did a partial exit at 1507.5

SLD 1508 OPEN 11:24:13

I exited the other half at 1502.5. Something just doesn't seem right.

I just exited a little more than half of my position at 1502.5

SLD 1503 OPEN 10:36:48 I'd like to see a new low for the day.

I think I'm going to call it a day. It doesn't look like anything is happening, and I would hate to jeopardize today's profits.

There was an incident around 11:15 that has made me afraid of going short. The market was at approximately 1489 then dropped to 1486. I was just starting to think about selling when it ran right back up to 1489. I haven't been able to pull the trigger on a short since then.

SLD 1493 CLOSE 10:40:06 I held this trade for almost an hour. It was a pretty good trade, but it feels like there is just too much resistance. I'm going to take a break to calm my nerves..

BOT 1488 OPEN 09:46:56 I might have to give this one some extra time. I probably should have waited on my entry, but we'll see.

The last half hour oftentimes proves very favorable to trades that are already solid winners. Conversely, if a trade has been experiencing a heavy loss, it will likely only get worse in the final half hour. The problem is that this market has neither the momentum nor conviction to make this...

I'm afraid that my discipline just wasn't at that level yet.

I think this was pretty accurate. I might try adding viewpoints like this throughout the day. It would be interesting to see what would happen if I used these comments as a trading plan. I think it would probably add some structure to my discretionary methods. If I could get to the point...

Well I'm not going to lie. I did do one more trade right before 2:00 and I did hold it past 2:00. The good news is that I came to my senses and got out at a half point loss. I also managed to not trade after that, even though I was dying to go short after 2:30. So I'm counting it as both a...