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  1. S

    Started the Trades

    I don't know if GS will go back to the mid-90's. I didn't read the news but saw the way it went up something happened. I would say at most a return to the high 90's if it's going to go back down. The market seems to really want to go up for now. I would say that if GS goes up another $2...
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    Grinding it out, day after day

    Lescor is in Canada. unless you mean Canadian IRS agent or whatever they call them up there. He hasn't been feeling well so let the man recover first.
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    Started the Trades

    +55 A lot of movement with GS. In the end, it's a trend day for it going up. I took advantage of most of it early. I dunno why but I have no guts to go with the trend. Too many trading range days last few days made it tough to determine whether it is a trend or trading range day. I tried...
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    Started the Trades

    worldwary, thanks for the input. I'll check out your journal. I do realize that overshoots are none of the most consistent setups out there. To this date, I've only seen one overshoot that did not either correct back to its original line of movement or reverse. One has to draw out their...
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    Started the Trades

    Thanks for the input. Part of the reason too that I went to GS & SPY instead of F is that those price movements do not affect me as much. I'm currently doing more observation than trading the market and if I do trade, I am a bit more careful in doing better setups. I did ok with this strategy...
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    Started the Trades

    I know that stop orders are market orders already. It's not like I haven't used stop orders before. There is always some slippage that goes with it. As for a trading live, what is the point of trading paper and live if the only difference is emotions? There are no emotions that come into...
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    Started the Trades

    Ok.. it sounds easy for you to criticize but you haven't read my whole journal. Paper trading is easy for me and I make paper money easily and I mentioned that. Basically emotions are the problem. Yeah sometimes, some entries don't work due to bad judgement on my part. That is part of the...
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    Started the Trades

    Some setups are very high percentage and some are not. Sometimes I am guilty of jumping in on lower percentage setups because I don't like waiting which is something I am learning to overcome. Sometimes, I wait for too good of a price deal on high percentage setups which I basically miss out...
  9. S

    Started the Trades

    -23 Didn't trade yesterday as I had to do a gig. Today, one bad trade. SPY Sold Short 138.36 14:07 Bought Cover 138.46 14:12 Guessing it was going to be range bound and thought it was going down but the red down bars were not strong enough indicators. A 0.01 move down past the...
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    TF trading/scalping journal

    Sounds like you're doing ok so far. Treading water at least and keeping losses low. That's all one can ask for in the beginning while hoping to improve.
  11. S

    Started the Trades

    +14 Trying to lower it to a few trades a day while I do more studying of the market on the side. SPY Bought 128.68 09:58 Sold 128.72 10:09 Bought 128.78 10:58 Sold 128.83 11:00
  12. S

    Started the Trades

    It has been a while. I don't know why I keep putting money into this account. I keep saying this is the last time. Extremely cautious today. Mostly watching as I did the earlier few days. +18 Sold Short 98.16 09:52 Buy Cover 98.10 09:53 Sold Short 98.76 15:01 Sold Short 98.705 15:02
  13. S

    Started the Trades

    Don't know how much more worse it can get than the $700 I lost a couple weeks ago when I held over night. THe problem is that I have a tendency to jump in on trades that are not good setups since I get tired of waiting. Waiting for 20 min seem like an eternity to me. Perhaps I need to...
  14. S

    Started the Trades

    -270 Though day.. I just couldn't wait for set ups. I entered poorly. I don't know why I keep doing it. My account is no more now for day trading status as I will be focusing on swinging positions. Sold Short 93.99 10:36 Bought Cover 94.43 11:01 Poor entry. I need to wait...
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    Started the Trades

    +5 I'm really to blame here. Unable to keep emotions in check is the reason why I'm not profitable vs. paper. However with my account running on fumes, this is just another survival day. Bought 94.55 10:35 Sold 94.57 10:46 I wanted to let it go and the pullback freaked me...
  16. S

    Started the Trades

    -45 Lot of commissions made it worse than it is. -26 (P&L) - commissions = approx -45. Bad Trades Sold Short 90.40 12:18 Bought 90.63 12:47 Wasn't paying attention to the chart on that one. Thought it was going to pullback for another try down. In looking back there was...
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    2012 Trading Journal of 2steps

    HAHA,, city of your Choice? I just have the idea of someone picking some place in some city like Detroit or El Centro, CA. Nothing against Detroit, but you know what I mean. You could just ask what restaurant they want and send them a gift certificate in the mail. If you told me to pick a...
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    TF trading/scalping journal

    It takes a lot of screen to be consistent at this game. There are many things you don't notice initially that the market does but notice later on through screen time. Paper trading does provide that screen time while it doesn't hurt you. Paper trade until you are consistent and to where you...
  19. S

    Started the Trades

    +11 I had a huge headache yesterday. Woke up real late and still don't feel well. Felt like I was hung over but with no alcohol. One bad trade. Bought 90.88 13:16 Sold 90.81 13:27 Thought it was just going to be range bound barb wire so I was just fading the extreme. Little...
  20. S

    Started the Trades

    Do you have an email address? A lot of these things that you're asking are mentioned so far in the journal like what other stocks I'm watching. I mentioned SPY. Basically based on the commission fees set up I have, it is better to trade a higher price stock since it's per share. GS moves a...
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