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  1. P

    I'd like to become a better trader

    Context is King indeed, I'm working on this now and taking a week off from trading. Plus I have some family stuff I need to resolve this week as well. thanks.
  2. P

    I'd like to become a better trader

    please leave my handle alone. thanks.
  3. P

    I'd like to become a better trader

    I'm trying to do that and write reasons for my trades as I make a trade to make sure that I'm following my rules and not my emotions, It's a learning process... it's a bit difficult with timing though...
  4. P

    I'd like to become a better trader

    I was kidding about stops being useful, they are of course a necessity. To clarify, I always have a stop in a trade, as a matter of fact, I fire the trade right away with a stop order 2.5 points away. I may adjust my stop closer if needs be, or rarely .75 point wider, but never more then...
  5. P

    I'd like to become a better trader

    Yes, mistakes based on my process. I was too impatient. The main issue today was that a few times I didn't wait for a proper set up to finish (for a 5-min candle to close), but was anticipating it (assuming that it will close a certain way in the middle of the time interval). And what even...
  6. P

    I'd like to become a better trader

    It's just one day and nothing to get excited about at all. Quite the opposite, I need to be extra careful tomorrow not to get cocky. It's amazing how human mind works. I had one good day and I feel like I know how to trade now. It's absurd. My conscious mind realizes that I don't know yet, but...
  7. P

    I'd like to become a better trader

    1. sell @r1 DT. Had multiple urges to cover the trade at b/e because it took a while to move. then wanted to cover it prematurely, but was fighting it to keep the trade until a reversal bar showed up. Even though I was aware of what's going on with my emotions, I still closed the trade too...
  8. P

    I'd like to become a better trader

    1/2. Impatient long. didn't wait for a proper long signal. stopped out. 3. took another long at a proper set up and exited before my target was reached because I read too much into one bar, 4. next trade long was just a test of software. then I stepped away from the screen and missed...
  9. P

    I'd like to become a better trader

    I'm trying to focus on the process and working on it. It's a process to learn how to focus on the process. I'm writing down my setups, looking at lots of charts, studying them, reviewing my trades, etc. thanks!
  10. P

    I'd like to become a better trader

    THANKS FOR POSTING THIS.
  11. P

    I'd like to become a better trader

    1. good long - traded what I see, not what I think. My initial target was 68, but 72 -75 possible, I closed it after there was resistance at 68. Which was Ok. 2/3/4. Made a mistake in the next 3 shorts. We were in uptrend still. Need to think continuation, not reversal. I should have...
  12. P

    I'd like to become a better trader

    Just to clarify the charts: Green arrows are long trades (1 long 0 close) Purple arrows are short trades (-1 sell, 0 close)
  13. P

    I'd like to become a better trader

    RN thanks, for PM, I need some time to digest it.
  14. P

    I'd like to become a better trader

    not sure why the chart didn't get attached the first time, so trying again.
  15. P

    I'd like to become a better trader

    this is the chart of my sim trades for today. A bit messy, so it's easier to see on 1 min chart, but I trade off 5-min: 1. buy 1290, was a strong support, cover at yesterday's mid double top. 2. correctly reversed short, but covered. I think that I was expecting 1290 to hold, so I was...
  16. P

    I'd like to become a better trader

    PO is my new handle, it should be a bit less controversial :D It stands for Patient Observer.
  17. P

    I'd like to become a better trader

    definitely, we often forget about context in our life.
  18. P

    I'd like to become a better trader

    emg, why do you trade then?
  19. P

    I'd like to become a better trader

    and this one is a longer term chart that I look at periodically for longer term view:
  20. P

    I'd like to become a better trader

    I'm finally posting the screen-shot of my charts that I'm looking at when trading.
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