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SIM Today = BE Total trades = 20 My biggest consistent weakness is overtrading, but when I stick with trend atleast I BE even after loads of mistakes, and if I do not stick with trend then like friday -1000 Trading consistent is most difficult job and I salulte all those who do it...

SIM I messed up on Friday, - $1000 , after -500 my mind became unstable, i was not thinking right , 5 min bars were reds and I was buying.... I know my state of mind thats why initially i had a max day limit loss , if i am not thinking right then no point in fighting the market. I have spend...

SIM As many of you have good day today , I too join that group. Net + $ 517 total trades 21 ( many of them BE ), I need to stick to my original direction and only bring stop to BE if I get reversal signal. I have to work on this, most of my trades end up BE after 10 ticks in favor ( I may...

SIM Net + $ 50 ( ideally it should be +110 , but DOM had issue and filled me beyond my price, it wasn't BO normal middle bar ) Total Trades: 16 ( 5 trades I did when I was on phone , not to repeat this mistake, lost good chunk of SIM $$'s )

earlier I was focusing either on the charts or at the output from my alert engine, today I trained my eyes to look at both 50% and no panic reactions, thinking there is nothing wrong if i miss a trade "the sun will again rise tomorrow", see the trend and then used only with trend signals...

Thanks for reminding. Today was a good day for me , suddenly turned from novice to prof trader ( with lots of luck :) ) started late arounf 10:45, so far 3 trades and $ + 400 ( SIM ) caught the pullbacks around 10:50's and short near 11:30 looks like I am calling it a day.

The power of USA lies in its U ( united) ... enemies our eyeing on its split and creating such images. I think this Russian prof should spend his time trying to re-unite USSR he will win nobel prize for doing this. Creating such Threads based on splitting USA should be closed ASAP. God...

I have dumped the computer programmer in me, stopped all the ugly stuff i was looking at. I will try to only watch PA. today + $242 , today 20 trades but I think I can easily get them down, I think half the trades were trials which are easily avoidable.

Thanks Picaso I liked the kicker part, Volume is not messed up.

I agree trend is friend ( but both have "end" in the end :) ), tomorrow onwards will try to stick with trend.

I am using Ninja 7 Beta, I will try to download replay data.

I have IB and Ninja setup, I have recorded data for few months now. ninja did have some issues recording from tradestaion e.g. Dow Index data. Since I recorded data during certain times, I missed in globex L and H etc, and those Day/ prev day HLOC indicator got messed up. I also (try)...

I am working on reducing the trades, but since this is my 5th week of watching live markets I am giving equal importance to whatever i see, I assume slowly after seeing more failures with certain setups I will avoid those as my screen time increases.

I have no news bias. My automated alert engine gives me bias based on some conditions / calculations. Today it gave me short bias from roughly 10:38 - 1043 11:29 - 11:45 12:49 - 1:18 If I was already long then its good time to exit, thats given, but shorting good price so as to not...

I am fedup of shorting today and CL coming back on my face. just shorted 82.81, either BE or $300 so far I am BE after 17 trades.

I have never done and will never do it = Averaging down or No stop. I have personally seen and also read several failures due to this. I will give up trading if I ever realize that without doing this I would not make money. It has been tatooed in my brain that this is a sure shot...

SIM Today: BE Total trades : 8 Mostly trades were near BE ( 10 tick positive, moved to BE ). Tomorrow I am planning on doing some trades based on my automated alert engine.

Can somebody please provide the URL where Al brooks writes his daily market commentary.

Hello Guys/Gals, If you need to say buy on close of 5 min bar, how do you handle the order entry. e.g. buy with limit last price / ask / bid price or market order, 3/2/1 secs before the bars closes. sometimes I have seen that as soon as the bar closes the price moves away and does not...

I typically use 10 ticks stop, that was an exceptional setup as I thought market willl BO soon in one direction ( mostly down ) I was trying an early entry. Now I have stopped doing that , let CL show me who is winning Bull or bears before I take a position with 10 tick stops. I have been...