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I should be, I agree. I think I have some sort of gunslinger, shoot-from-the-hip, Natural Born Trader sort of idea which is screwing with me. When I am able to put this aside, keep my patience and wait for good entries, then I am able to make money. When I'm not, then sometimes I am able to...

Only when I have profitable days.

Where is my head? I'm dealing with some big girlfriend issues, but that can't be the only reason I sucked so badly today. Where is the trader that was consistently growing profits, patiently waiting for entries and working on his position sizing? Maybe it's greed. I keep seeing these huge...

Forgot to write my stats down today. I ended up down about $25 for the day, though. I lost most in F in early trading as it spiked sharply after retracing back to its open. I lost the rest trying to find an entry into GLW. Twice went long, twice got stopped out. Didn't go back in and sat...

Finally a clearly profitable day. I don't want to draw any long-term conclusions from one day, but it was a pleasant change to have a few winning trades :) #trades: 91 #shares: 17200 adj net: $27.09 gross: $39.00

A mixed day. Feeling a bit lost. I re-read "Trading in the Zone" and am going to be spending my evenings going over my trades in detail, but am not sure yet what exactly I'm missing. Today, I'm technically positive, but that's just because of one monster, flukey trade which compensated for my...

Heh, I was thinking exactly the same thing! I don't think I'll be able to pull it off, but I can view my indicators as contrarian :)

Frustrating day. Seemingly every trade I made went against me. I think I had one profitable trade, a few flats, and lots of losses. I'm thinking that a good strategy would be to just do the opposite of whatever I think is good. The one trading system that is taught is scalping for pennies...

As with the last few days, I've made my money in the morning and frittered it away in the afternoon. I'm still too eager to get a 0.01 profit, and in so doing, letting the moves get away from me. It's frustrating: if I'm long, I will have an offer at 0.01 above, so in the event of a big move...

A productive day, if not a profitable one. I took some time over the break to re-read "Trading in the Zone" and even though I was zonked-out tired this morning, I was able to keep a smooth, mechanical style without fear or self-doubt. That's the positive. On the down side, I was trying some...

Swiftmike, Thanks dude, I really appreciate that. It's nice to have someone break the monotonous litany of "you suck" that's going on in my head. :) Have a great 2006!

Third down day in a row. Spent the day chasing crap, getting stopped out before big moves which I was too skitting to buy back in for. Feels like nothing I do is right which is seriously hurting my trading and is bleeding into the rest of my life. I need this long weekend to regain some...

Another miserable day. Started off gunshy and timid, but gained confidence after a number of good, profitable trades. I took more shares and made some more money. Until lunch, when the volume dropped off and I left for more interesting stuff. I was too skittish to trade, though. Would...

Steve: thanks for your insight. You've obviously read this thread and were undeterred by the striking similarity of your comments to those of earlier posters. It was thoughtful of you to conserve space by removing anything which might appear to be helpful. Initially, I was confused by the...

theSnaggle, It's a complicated thing, this stoploss. At the moment, I don't have equity, so there's nothing to lose there. But I do have a maximum amount I can lose per day. I'm targeting a max loss per trade of about $6 (based on max 4 trades per half day), so now I'm trying to figure out...

Something for me to ponder tomorrow: overtrading. Though most NYSE stocks are open to me now, I'm trading a very restricted set based on volume and volatility. In essence, I have a small handful of stocks that I watch constantly, looking for entries. I envision defining some strict...

The inevitable blowup. "Inevitable" because I have been trading more volatile stocks and haven't bothered to formalize any position sizing or stop loss system. Well, I lost enough that the firm stopped me trading for a few hours, which gave me time to try to work some things out. First, the...

Day started with a long string of losses. I had some idea stuck in my head about the direction of MOT and I kept trying to go long when it was falling. This is the second day this is happened, so hopefully I'll learn it this time. I pulled back from a $22 loss to hit my second $50 for my...

theSnaggle, I'm getting the feeling that I've underestimated the importance of a good mentor. It has been raised several times already, and even people that disagree on other points agree on this. It would cost a bit of money to camp on her doorstep, but if I can make even half of what...

bastiat8, I don't think it would be hard to guess which shop I'm at, but I would rather keep the focus away from gripes about the shop which I think are incidental to my success or failure. I pay a small comission per trade, but not per share (this is currently waived until I get more...