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-1.50 pts , 3 trades. Dow - 280 today. All trades to the short side so at least i was trading the right direction. 1st trade I hesitated then chased. 2 mistakes. 2nd trade exited on a pullback, -half point. Mistake was not being willing to take heat (which would have been 1.25 points...

3 trades short -1.25 long -2.25 long + 3.75 net +.25 for the day. Kind of a slow grind today. Nice run up in the last hour that i missed because i had pretty much stopped watching. Loss on first trade was due to a bad price read i think. Shorted a pullback but the reversal leading...

Hooti, Nice work ! Glad your making progress. The learning process never ends. Part of the fun i think. Good trading to you. Please keep checking in and let me know how it's going.

Hooti, Glad to see you're still around. How's the trading going ? Are you going to continue w/ your journal ?

1 trade today + 1. Believe i managed the exit poorly when I sold at support. Anticipated it would break support and i'd be back to even, but it held. Had i held through the test i might have got 3 points. -8.50 points for the week. Wednesday killed me and if i had stuck w/ my "stop...

1 trade + 2.25 MFE 5. Exit ? Hmmm... Didn't care for the price action today so played cautiously. Will review ' cause think i missed a decent entry. And so it goes.

Well, at least i was focused today. Yesterday after my meltdown I realized i was pretty tired. Add that to the morning checklist from now on. Are you rested and in a good state of mind ? It occurs to me since there's no one here to monitor my trading and readyness I need to be both trader and...

Guess i was due for a mini meltdown -9 pts, 0 for 4 trading. :mad: Had a hard time getting a read on PA today. That should have been a clue to take it easy. I'm not feeling mentally sharp today either and guess i thought i could just force myself to focus. It was all very amateurish...

When i was first trying to find my preferred chart set ups i tried 1000 vol but found it a bit slow, then tried 750 vol and found it a bit fast so i basically split the diff then went with the 888. I believe '8' represents wealth in chinese numerology so i got that going for me . :) I've...

1st trade -1.50 but had MFE +4.25 2nd trade -2.25 3rd +5.50 MFE 9.75 Net +1.75 for the day. No complaints on first trade. Think i traded it fine. 2nd trade was questionable entry buying into resistance. 3rd trade was a buy of a triangle breakout. I would like to have...

Thanks for everything JP. Even though i sense i'm doing most things right it's very helpful to hear from more experienced traders like yourself who confirm i'm doing ok. I appreciate it.

2 trades today + 2.50 pts. For the week +12.50 NQ pts. 2 weeks in a row of profits. The errors i'm noting that i make are mostly hesitation or not taking entries. I think this is partly lack of confidence, misreading price action sometimes and being overly patient. I figure with continued...

oh yeah and don't think in dollar terms think in points won/loss for the day or in terms of percent.

There's no rule you have to go from 10k to 100k in 1 step. It's probably not a good idea for the psych reasons you're aware of. Increase acct to 20,000 and trade that till you feel comfortable and it grows. Then add again later if you want to trade more size.

A slight bit frustrated at the moment. 1st trade probably not a great entry but it resulted in a failed breakout which is the set up for next Long entry. Price stalled and i started thinking i should use a 'time stop' 'cause usually my trades work out pretty quickly. So i finally exit then...

Yeah and power of NOW. Honestly, i was probably trying to make up for the 1st loss.

1st trade -1.50 2nd +2.50 3rd -2.25 net -1.25 for the day . Had a hard time getting a feel for the market today. Last trade was forced a bit. Not sure if i should have taken it but no regrets. The 2nd trade had the potentional to make the day profitable IF i were...

+3.50 on another long +8.50 for the day . I'm done. Thought this trade would work higher on more short covering. Stalled at resistance so took quick exit. If the rest of the month continues well I'll probably start trading 2 contracts in June and try scaling out.

I must say i'm rather pleased with the way i handled this trade. Couple things i did right were 1 ) patience after the entry. The ES YM were not confirming this move and the NQ was stalling. I almost exited with 1 point loss but price was still above a nice support area so i held. 2) I...

Remember on exits you will rarely, if ever, get the exact hi or low. You need to learn to accept that. Do not get frustrated with what could have happened. That will only lead to bad trading. I'm still working on exits also. What i'm trying to do now and what i hear top traders are doing is ...