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Nice trading, R. i'm a little slow getting my entries in. 7 trades zero pts. taking a couple hours break

wow was i wrong. :eek:

Really not a lot to say. 15 trades + 12 points. not all shown on the chart. Sometimes my stops are too tight and i re enter a couple times before i get the trade. That's fine with me. Holding winners is a problem which if you look at the chart you'll see what i'm talking about. If i...

not sure this has bottomed yet. feels like a capitulation coming.

10 trades , zero points The usual early exits. the only good thing going on is my read of the mrkt on entries has improved over where it used to be. Not sure how it'll be when volatility dies down but expect the set ups not to be effected. I need to seriously think about what i'm trying...

Thanks Snowman, I agree. I always have my stop placed at the time my entry is made. It's a fixed stop based on my average MAE of winning trades. Sometimes i'll widen it a point or so depending on S/R levels rock n roll in the market today. going to be volatile and interesting.

Thanks rashid. There have been times recently that by watching closely i've been able to recognize i was on the wrong side, exit and quickly reverse the oher way and make money. but i think your point may be that in a trade that is not showing signs of reversing against me then i may be better...

i was mostly looking at your 1 minute chart. Which more clearly shows the trading range of trade 2 and the little pullback of trade 3. find a timeframe that you're comfortable with. It takes a little experimenting. Honestly i don't know how people trade off 5 minute charts but it's very...

i recognize those trades. they're 'hope' trades. " I hope it goes higher' I don't do that as much as i used to but more frequently than i like. 2nd trade definitely buying into res in a narrow range. gotta wait for b/o then see if it holds. yep, you'll miss some trades but that's the way...

thanks guys. yes, i've become too focused on PnL and bid/ask. I need to focus on the chart which is what's getting me into the trades. Sometimes i'm getting pretty great entries too , i think. Then i blow it because i'm taking focus off the chart. Entries and exits off same info. Ignore...

You know what i start doing when i get in a trade ? I start watching the bid/ask quotes on the right side of my chart (not shown). I think it's taking my focus away of S/R and the MA yet sometimes i think it helps. Another thing that i think happened was the scale on my chart at the time...

Thanks Jack ! Really appreciate the encouragement. morning chopped me up. nothing to see there.

thanks JP, I've been thinking about proper way to add to a position. Esp. given the volatility and big moves i need to be ready incase i actually get in the position to do it. I'm not sure i trust myself to add to any position but probably the ones where i'm already positive a specific # of...

Today proves that one can be profitable w/ a low win %. Well almost profitable. After 7 losing trades - 8.50 pts. Last trade + 9.00. after commish down a bit. Not my preferred way to trade but i like my ability to pull the trigger. My willingness to take a bullet is still a problem. One...

dude. awesome ! Sim today ?

Not sure if there's an explanation. Looks like defending lod or trying to make it appear it would hold. i seen big bid/asks before and i don't think they're reliable as an indicator. my gut feel is they're fake and will break.

Nicely said Instynct. Appropriate for today. Whippy moves last half hour chopping me up. not getting the follow through i expect. oh well . taking a break to review then see if any good set up occur.

4 trades , +2.00 pts. all in about the first 2 hours hard time getting a read on the mrkt today. felt choppy and a little more volatile. The LOD afternoon b/o kept failing and gave me a bit of decision fatigue. sat out last half hour. now i see a couple clues that will make the read...

seems kinda choppy and tough to me. did miss a couple nice entries though so there are opportunities. anybody have a bias here ?

Not so much stress today but anxious at times. Stress is a trade killer. So i really try to manage it. Exercise , rest, diet. getting back into meditation. I try to stay calm during day with deep breaths and breaks and remind myself to relax and just focus . You either lose a set allowable...