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Just keep pushing for success

The morning session was down, so I was looking for short trades. Trade #1 After the double top and the big down bar at 06:10, I was waiting for a breakdown. The 06:25 bar closed at the EMA, just below the lows of the 2 previous bars. Looked to the shorted time frame for an entry. Went short...

Happy Veterans Day to all who've served! Morning was down, so I was looking for shorts. Missed a nice one at 05:30 because I slept in. Trade #1 After I missed that first leg down, I waited for a second entry. Price moved above the EMA and stalled. I placed a stop sell at 88.05 after the...

I took the morning off (slept in half hour). Managed 2 trades this morning, BE+1 and +10. CL needs some ritalin. Going to take the rest of the day off and just read and study.

She was joking.

Just kept plugging away today, trying to learn as much as I can. I had some good entries, but got whipsawed out on one of them, and the other I didn't manage very well. That's OK, because right now I'm mainly focusing on entries. It's part of my 3 step rehab program: Identify the entry. Take the...

Man ... getting slapped around here. Went long 87.06 at 05:50 and was stopped out BE on the hammer 2 bars later and missed the jump. Put a stop sell at 87.41 on the 06:20 bar, waiting for another shot at a high, so I missed the obvious sell on that bar close. Went short 87.03 on the 06:45 bar...

Thanks. I'm OK with it. The only thing I'm a little miffed at is my apparent inability to change positions quickly or see the big picture. I guess I need just a 'little' more screen time. :D

Little out of step with the market today. Looking back on my 4 trades, 3 were long. There was so much support for each leg, I was unable to see the forest for the trees. It's really hard to short above support, and I haven't had much luck putting sell stops in place and letting the wave take me...

GM everyone

Over traded today, but came out OK. This was all sim since I'm still working on some things. Had this been real, I probably would have stopped after the last loser and missed the biggest trade of the day. Saw the huge support at 86.05 from 4 touches. The 08:05 bar broke support, then got a...

No, I didn't notice that. Truth be told, I'm not trying to assimilate a lot of data and make educated decisions at this point, but am trying to distill trading to building block skills from which I can build upon. Some of the things you'd told me that I didn't really understand at the time...

Tried some tactics today that have been on my mind. Mostly I did OK. Too bad it wasn't real money. Trade #1 Got a great fill off a shorter time frame and it hit my hard target of 25 ticks. The next thing on the agenda is how to manage my exits. This trade and another trade later would have...

Got stopped out of my first 3 trades, and even though I didn't hit my daily stop limit, that's telling me to hit the showers. Today I tried to manage my stops better, rather than pick a fixed number. That saved me some bucks. I've been mulling over that idea for awhile, and I'm going to spend...

That's the Dark Side, Luke.

Today was a scalping day in CL, which I was not doing. I was going for 25 tick targets, which were few and far between. I only made 1 bad mistake today, which is good. I watched the 05:25 run with an eye to getting in on the 1 minute chart, but lacked the courage. Decided to wait for a setup...

Thanks. My plan for now is to put profit targets on the back burner for after hours analysis. I'm going to focus on making clean entries. Oh, and the fear thing, too. Gotta work on that.

Price was flat to up, but the most recent attempt to go higher failed. Trade #1 Thought I'd start the morning and new month off with a stupid trade. Went short at 82.05 even though there was all kinds of support at 81.94. Got what I deserved. -11 ticks. Price went nuts and I switched to...

I was definitely late to the party on that one! I've got mixed feelings about using buy stops like that. I know NoDoji does this with great success, but my limited use of that method has cause me more stop outs than winners. I'm sure this is due to my incorrect usage, but I would place a buy...

Feeling pretty good for someone who hit his daily loss limit. I broke some rules and got burned for it - which is a good thing. Saw price run up, stall, then make a second stab at breaking 81.85. This was the HOD, and I wanted to buy that. Trade #1 I meant to put a buy stop 2 ticks above...