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Good way to think about it. But also need to add to this.. is have them beat the hell out of you when you also Do NOT take a trade that is in your plan and meets all your requirements.. Like this morning had the sell signal clicked .. but talked myself out of it.. Had one yesterday...

Hey John, thanks for the info. and how true and simple it really is when you think about it.. I took a week off from trading to reflect on my behaviour and my responses to trading.. I feel I've made some progress.. and the good news is Like Eckhardt says.. I do know what I am doing...

I've read his book "Trading for A Living" which is a good read. Haven't heard anything else about him though sorry..

the only one I know of is Robin Dayne at www.robindayne.com Thought about using her 5 week course.. if you do please let me know how it turns out.

No I haven't.. whenever I've taken time off from work its always cause I have something planned..vacation, etc...

1. I actually trade while at my full time job in an office. 2. All day.. from 8 am to 6pm CST 3. see #1. 4. Been trading part time off and on for about 5 years now

I guess a big part of this is I hate to spend a lot of money on something I am afraid will not work or could be a scam..

I short and buy about the same amount.. The only thing is I tend to try and pick bottoms much more than I try to pick tops.. And as I look back over my trading I always and I mean always trade well for a week or so and then blow up in and give it all back in 1 or 2 days and its usually...

Read previous post: I was convinced the market was turning...

I can honestly say that I don't know.. I am trying to figure it out but I just can't seem to anser that question honestly.. This is my thought pattern on a day like yesterday as the day goes on: Early in morning: wait for proper signal.. if market turns up you will have plenty of time...

I believe Banjo had it right.. I am too afraid my bias is correct and I'm going to miss out on the entire move... and the market couldn't go down any further yesterday is a great example.. I was convinced the market was at the low and turning up.. and couldn't see what the market was...

Follow their rules??? Everyday I come into this office of mine with the best intentions of following my rules only to throw them out the window as the day progresses. My rules clearly state: Only take a long after a higher high and lower high. Yet today I had 3 trades all from the long...

My rules actually call for not going long unless we are at support.. which today we were not.. Why I'm not following those rules is a psychological problem Why I didn't look to get short today.. as my rules call for it.. psychological problem.. I pay close attention to LL's ..HH's...

Well.. I obviously haven't learned my lesson.. Went long 4 times today...

Would like to explain the events that transpired causing me to start this thread .. if you're interested read on.. if not, please skip. Someone pointed out that I was trying to bottom pick for maximum profit gain and they were right on the money. But I'm going to explain why I was trading...

My opinion on this being a day trader is the 30 min. trend is still strongly down.. no reason to get out of any shorts. Now actually being able to trade it that way is somewhat difficult for me of course..

Just when I decide to take a few days off I get my favorite setup at 9:55 this morning in ES... A true test would have been to see if I would have hung on for the further drop or cashed out after 3 - 4 points.

Not yet.. Was very busy yesterday afternoon and have decided to take a few days off from trading..

Steve, You couldn't be more right.. and I have gotten much much better with this.. I used to be horrible about it.. and my plan now calls to only buy bottoms if at support and a true reversal signal is present.. I do know now that I can wait for the market to show me its turning and...

Pabst, Since I trade intraday I was referring to the intermediate trend.. the 30 min. trend which was down.. but yes the daily trend has been up..