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  1. P

    I'd like to become a better trader

    thank you everybody for the comments and RN for encouragement. I needed to step away from trading for a few days to regroup and to finish up setting up my charts and software. I\'m thinking about changing my name because I got so many negative comments about it, but how do i do that? Do I...
  2. P

    I'd like to become a better trader

    I haven\'t quit the journal, just took a day off from trading because I was feeling very tired, worn out. I was reading \"Trader Vic - methods of a wall st. master\" and the second part of the book that deals with the psychology, emotions and motivations was very much to the point of my issues...
  3. P

    I'd like to become a better trader

    I\\\'ve reversed short @46.25, but closed at b/e prematurely. my previous trades were affecting this one. Need to be more patient with the trades and close them when the situation changes, not when they stop moving or moving slow. Original target was YL/S1 - just reached without me :(
  4. P

    I'd like to become a better trader

    closed before the stop hit for -3 nq points, we have a failed bounce of PP.
  5. P

    I'd like to become a better trader

    long 2351.5 stop below LOD, target yesterday high.
  6. P

    I'd like to become a better trader

    sell 3 nq@2360.25 for pp tag and gap closed. done, out @ 2351.25 Finally I held till my target was reached.
  7. P

    I'd like to become a better trader

    NoDoji, congratulations to making it to the new level. I completely realize that nobody can do it for me and I\'m working hard on getting there. thanks for the inspiration.
  8. P

    I'd like to become a better trader

    RN, I do appreciate your feedback and am trying my best to be best I can be. I am taking trading seriously. The reason I\'ve been posting less here for the last couple of day is that I\'m still working on organizing my thoughts/trading ideas and new software. I took 1 trade today to sell 3...
  9. P

    I'd like to become a better trader

    NoDoji thanks for clarifying, it makes sense now.
  10. P

    I'd like to become a better trader

    I think my problem is both - the discipline and the trading method. I did backtest many things in the past, have numerous notes, etc. but I think I have too many set ups that I tested and use and I am getting them all confused. I need to sort out the set ups that I have and start from a...
  11. P

    I'd like to become a better trader

    NoDoji, thanks for commenting. I think there is a confusion (at least for me) between fixed stop and max stop. I\'m not opposed to max stop, for argument sake let\'s say it\'s 2.5 es points. then I wouldn\'t take a trade that has a target less then 5 points. But certain entries don\'t...
  12. P

    I'd like to become a better trader

    you are correct, I shouldn\'t do that.
  13. P

    I'd like to become a better trader

    RN, I appreciate your contribution and the discussion. Will need to think about it some more. RN, I think Lf means that different set ups call for different stops, for example counter trend scalp will have a very small tight stop, vs a with the trend trade may have a bigger one, they also...
  14. P

    I'd like to become a better trader

    420 stop was because of the bad entry.
  15. P

    I'd like to become a better trader

    ---my current broker shows my daily pnl when I place the trade and my trade pnl when I close it, so it\'s always in my face. I\'d like to focus on points, but see $$$ all the time. Need to check if the new software I\'m testing has an option to see PnL in points instead... thanks!
  16. P

    I'd like to become a better trader

    +1 thanks LF
  17. P

    I'd like to become a better trader

    I see some of your points, like it\'s easier mentally, but not all, why are the stops random if it is under previous swing low and I\'m buying off HL double bottom?
  18. P

    I'd like to become a better trader

    what is forward test? tx.
  19. P

    I'd like to become a better trader

    Once thing that I\'ve learned since I started this journal is that is much easier to apologize for something that to explain something else. So I apologize for being so negative, I\'m trying not to be, but if I\'ve given you this perception, I\'m truly sorry. even though I am open to...
  20. P

    I'd like to become a better trader

    yes. the problem with 1 contract is, first, that I can\\\'t scale in/out. Very different, and, second, 1 contract is too little money for me and I trade it differently, I care much less. that is a good idea, I need to learn to ignore p&l and trade points, but how do you keep track of max loss...
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