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Thank you for you perspective. I never looked at it that way. I am constantly amazed at my naiivette.

Total Trades for the day: 6-28-06 447 ESU contracts traded. $7512.50 profit for the day. Flat at the end of the day.

Trades in 2.00-4.00 PM (EST) trade window: Short 37 contracts ESU Closed for loss of $1800.00 Long 95 contracts ESU Closed for loss of $1062.50 Flat at the end of trading day.

Hello Cpt Power, I understand your frustration. And, I am sorry about that. However, I need to be true to myself and worry about improving my trading. I am NOT interested in impressing anyone or having anyone follow me. TO ANYONE READING MY DIARY: Please do not follow me or do anything I...

Trades in 10.00-11.00 AM (EST) trade window: Short 130 contracts ESU Closed for profit of $4625.00 Flat.

Trades in 9.00-10.00 AM (EST) trade window: Short 110 contracts ESU Closed for profit of $3500.00 Flat.

It is your journal, not some one else's. So, if it helps you, it has served its purpose. Don't worry about a "standard" to judge yourself against.

Thanks Jimmy.... But remember, ONE DAY DOES NOT MAKE A TREND... I have a statement on my desk which I read every day. "We earn our wings every day" - this was the tag line for the old Eastern Airlines. (Am I dating myself here?) I rephrase it to read "I earn my trades every day". In this...

Good Morning Old Trader. Thank you for the question. It made me think and evaluate matters before I responded to you. Here are some observations about journaling as well as a direct response to your question. I realize that this is NOT a traditional journal. It does not contain all the...

Trades in the pre-3.00 AM (EST) trade window Long 75 contracts ESU closed for a profit of $2250.00

Thanks for the suggestion. No, I have not looked at them so far. I will definitely take your suggestion.

No, I did not say 2 points, I said 2 ticks. Each "tick" is 1/4 point, which means if I make 1/2 point I am ready to scale out. If you divide the number of contracts by the gross profit I posted you will see that it is generally around that. Some times I do very poorly (see my 1-4 PM trade...

I scale in when the market is going against me. I know that I am right about the direction, though my entry was not as good. I switch from one-minute to five-minute chart just to check myself about the direction before I scale in. I scale out when I am closing my position, so that I lock in...

I am sorry, I don't know how to do it.

I am not yet sure I have a "method", but I am trying to shape and sharpen my method, through all the mistakes I have made over the years. I started trading Emini S&P about a decade ago. I have lost more money than I care to remember. I think I lost approximately a million dollars during this...

Total Trades for the day: 6-27-06 263 ESU contracts traded. $7200 profit for the day Flat at the end of the day.

Trades in the 1.00 - 4.00 PM (EST) trade window: Short 126 contracts ESU closed for a profit $1475

Trades in the 11.00 - 12.00 noon (EST) trade window: Short 30 contracts ESU closed for a profit $1812.50 Flat before noon time lull. Comment: In the last hourly trade, in retrospect, I got out of shorts too quickly, based on the one-minute charts. So, I got back in, after 11 AM charts...

To: katesdp Yes, I don't have an edge. I don't know how to buy one. I don't mean to be facitious. The only way I see (in my naiive understanding of the markets) I can have an edge is if I am managing a billion dollar hedge fund and can control the market direction to some extent. I am...