Search results

P&L 1.2 points for yesterday Again, my first short was stopped out - I moved my stop loss too soon. But I've reentered it as soon as I realized it was a trap. Then I flipped short and closed the trade because I was doubting myself. I was expecting gap fill and couldn't believe what I...

it's around today's mid and top of opening range. and 37.5 was yesterday's low

P&L -1.6 points The first couple of shorts got stopped out - moved my stop loss too close even though got correct direction :( Then tried to go long too early - my rule is if there is a new low made in 11 am slot, don't go long till 1pm. I got too emotional because of the early losses.

P&L -2 points today It wasn't a good day so far and I'm done for the day because I have to go. I've made too many mistakes today, was hesitant and closed a few of my trades that would be profitable because I was doubting myself. Tomorrow is another day.

It's possible we have bottomed, but we need to break above 52 and hold it.

Laissez Faire had a great post on impulsive trading in his journal. I was thinking about it and here are the things that he mentioned that ring a bell for me. Another reason is that the desire for profits interrupts your clarity of observation. You may be tired of not making money or maybe...

NoDoji, thanks as always. I'm going to try to make this my goal for the weak. Focus on the process , not the money.

thanks for your comments. I did buy a pullback today, so that was a good step in a right direction. the only problem for me today was that RTH trend was up, but ETH trend was down, so it was a bit confusing... and because I again had expectation of a rally, I didn't take my short signal, but...

Today's p&L +3.3 points A very good day for me, 2 trades only, but it's because I was away from the screen till 2 pm. I need to be able to learn how to take only the correct signals even when I'm staring at the screen. Also, I've missed a short signal on failed OR breakout because I...

Laissez Faire had a great post on impulsive trading in his journal. I'm going to repost it here for me to think about: [/b]

LF, thanks for the great post, a lot to think about. I hope that you don't mind if I repost it in my journal and will reply in my journal. I don't want to pollute and hijack your thread. thanks again.

I realize that we are in an uptrend and that I need to buy pullbacks, but when the set up comes, I just ignore it :mad: May be because I think that the market is in the bubble and the economy sucks, but the bubble can last a long time so why not participate in it? My long term outlook has...

I didn't overtrade today, I figured the day was so slow and the range was so tiny that there was no reason to get chopped up. But I should have taken one more trade today: 3:30 reversal bar off day's 50%, ORH and vwap. The reason that I didn't take this trade is that I was looking for...

today's pnl +1 point, 1 trade only.

yes and rally up to 13K on Dow. :D

thanks for your comments, I'm going to "learn how to trade seriously, practice it,perfect it, improve it, execute it, love it, feel it, sleep on it,work on it"

I specially need to slow down and relax in the afternoon trading, I have a tendency to make money in the morning and lose in the afternoon, like on Apr. 25.

thanks, I do need to relax and slow down.

Today's trading - 1.5 points: 1. enter on BO pullback. Good trade. 2. was a mistake trade - buying BO close to the top of the day, also first BO from Barb Wire usually fails. Should have waited for BP pull back. 3. buying strong BO from day high. It failed - stopped out. 4. Sell at failed...

The progress is not so good, ups and downs. I'm back in the sim learning. I've tried stocks before, but I never liked it. I tried NQ because I thought that it will fix my issues, which it obviously didn't. I can see you are progressing nicely. Way to go! I need to learn from you to better...