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I did not take any trades today as my morning was full of interuptions, and I never got in the groove in the afternoon. But, I did go over the 5 minute chart looking for my setups. Had 5 good opportunities. I posted them on the chart and my reasonings. I know, looking back is much...

Before I was a newbie trader, I was a chiropractor for 16 years. Make sure that your desk is ergonimically set up. Your monitors should be eye level, and if you use multiples, try to get them close together, so you just move your eyes, and not your neck. Your elbows should be at right...

OK, now you've done it and messed with my head. And...you got vulture and AllenZ rooting you on. I went over June trades (roughly 90) and did the MAE on the winners, and losers. I believe I did it right, even if I didn't, the results are still staggering. Keep in mind, I try to keep my...

I really like this chart. Looking at this, why did I get out of trade 3. Especially when I knew it was going to 970. Going to figure out my MAE. Back later.

3 trades, 2 winners, 1 loser for total of 5 pt. Net for the day: +235.60

All the comments are on the chart. I think it makes it easier, instead of hitting the back arrow all the time. Looking back the chart is a little unorganized. I'll figure out something for tommorrow. Maybe # the paragraphs or something, so it flows easier.

AAA - not a problem. Actually, this brings up something I've tried to hash out earlier. Does one cut the loss, and re-enter if the trade is still there; or hold on, take larger losses when wrong, but have fewer trades actually go against you? Or something like that. I think the MAE will...

Sorry if it was confusing, I plan on only cutting my losers, not the winners. That is a good idea, thanks AAA.

94 trades: 36 winners, 54 losers, 4 scratch. 40% winners with average win of 1.79 points. 60% losers with average loss of 1.22 points. $613.70 net loss for the month, with $451.20 of it due to commissions. Expectancy ala Tharp is negative .37, ie for every dollar risked, I lost 37...

No trades, but here is the chart.

I liked this and wanted it here.

I did not do any trades today. Watched till the beginning of the selloff in the afternoon. Gonna do some errands, and take my baby out for our 3rd anniversary with some friends. Have a good weekend. H

Thank you. You should have seen me before God got a hold of me, I was a real bastard. Just ask any of my ex-wives.... naaaaa, just take my word for it.:D

I agree, just didn't think of it yesterday, when my psyche was all screwed up. Nitro says "trade what you see, not what you think". Thanks for the reminder.

I didn't read your posts till well past midnight. Actually, I'm glad I did not respond them, cuz I was really ticked. And, I have had enough training, and healing, to know... ... when I have a strong emotional reaction to somebody or something, it is usually about me and my past/issues/what...

You are absolutly right. I knew something didn't look right, and it was the "V" bottom. I've noticed that the sharp ups and downs, usually created by "news" tend to get faded and return to the mean. I was so convinced that this was a lower high, that everything else was overshadowed. And...

Now for the 5 minute with trades. It is ugly. For some reason, I was not paying attention to the 5 min this afternoon. Also, was looking so hard for a lower high and a drop, that didn't work out , then looking for a double top,and a drop. That didn't work out either. I really like...

I did not take any morning trades today because I was just watching, comparing the 5 to the 1. Signals are much easier to see on the 5. Did better watching the 5 in the am, than the pm. I put my trade comments right on the chart, so it is easier to read and see. I was looking for the gap...

Does anyone have any sources for learning to read price action (not patterns). Books, websites, articles, personal experience... Thanks.

Never traded nas stocks, so I don't know. Anyone else?