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Trade 4: I put a buy limit at 1475.50. It drop to 1476 then reverses up. I buy 1479 as it broke out of resistance to 1479.50. Damn thing reverses all they way to 1475. I had my stop at 1477 so i was out. Market is gettting tricky after a smooth morning. Now it is breaking out again. Sheesh. -2

Trade 3: Long at 1473.50 as BKX broke downtrend, COMP and SOX found higher low. Out 1/2 at 1475.50 to cover for my stops and last 1477 as it hit the upper channel. I should really hold on for i feel market have found bottom for the day. I am hoping to buy back at lower price. What I should...

Trade 1: Short NQ 1482.50 as it breaks the 1483 support. BKX lead the downfall so i go with it. Cover 1481. Didn't want to cover but the darn SOX looks strong and both SOX and COMP found support at the 20MA. ALso I doubt the BKX break yesterday low on first try. +1.5 Trade 2: Long 1479...

Today sucks. I was focus early in the morning and then somehow I lost it during lunch. I made about 13 trades. Way too many. I'm not even going to list the trades except to say that they are poorly plan on most of them. Made money but loose to commssions. IB got me today. Tomorrow I I will...

...volume? I'll admit that the volume spike at the 7:00 news might have been interpreted either way, but the two one-minute spikes just before 11:30 were predictive. Yeah I was telling myself to go long at 1439.50 around 11:15 but didn't pull the trigger because my stochrsi was approaching...

Trade 1: Short 1441 Cover 1439 & 1338.50 Short on the break of 1442 on bad econ number. I cover 2/3 of my position and decide to let the rest run. But then I changed my mind and cover the rest at 1338.50. Can’t stick to the plan. +2.5 Trade 2: Short 1438.50 Stop 1440.50 Short on break...

"...any reason you do not include S/R in QQQ in your tape reading?" I think the less i look at things the better. I don't want to much information overload. Besides the qqq trade in tandem with the comp anyway so i don't see any reason to look at it.

3-31-04 BACKGROUND: I've been trading fulltime for 2 yrs now and so far I've been prety much breakeven. Just started trading NQ for about 6 months now. I read a quote somewhere that it takes about 10 yrs of doing something before you are good at it. I know am just a rookie so by starting...