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    Birth of a trader

    OK, I guess since you're counting, it was one failure short. Trade 2 was a long signal for me, even on a down day. Four bars up and a cross of the EMA. Maybe a little aggressive, since I should have waited for the close above the EMA. It failed (#1). Trade 2 was a short signal, continuing...
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    Birth of a trader

    At my age, forgetting what happened yesterday is the norm. Today, however, I remembered getting whipsawed out of trades yesterday and was a bit fearful going into this morning. The first few premarket trades had lots of overlap, so I was going to wait for cleaner bars. Suppose I still haven't...
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    Birth of a trader

    Yes... noticed, but after the fact. I'm sure it won't happen again. :D
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    Birth of a trader

    Thanks again for your advice and encouragement. On counter-trend trades #'s 6 and 7, I put the stop sell at the bottom, thinking that downward momentum would take me with it if the bottom fell out, and my hope was that I had the order low enough where I wouldn't be filled if there wasn't any...
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    Birth of a trader

    I don't think I played very well today. My timing seemed to be off, plus after my first 3 trades, I noticed that the trade prices didn't match up with the chart. Mirus tech support got me on the right track, but I think I was a little rattled by it. This was my first contract rollover with NT...
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    Al Brooks trading room

    The Woodies Club people call trades at specific prices all morning long for about 6 instruments. They are cultishly dedicated to that indicator, and no decent or questioning of it is tolerated. However, if you're interested in that indicator and method of trading, they are very helpful and...
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    Birth of a trader

    It's all you. NoDoji. Your help has lit up the room for me. I still have miles to go, but I see light. I wanted to name a child after you, but none of my sons would consent to the name change.
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    Birth of a trader

    Today I tried to do 2 new things at once: Test out a new trade entry strategy and play with NinjaTrader's chart trading. I placed many trades today, and at one point was down over 100 ticks, but ended up the day +43 ticks. This was entirely due to dumb luck when at the last trade of the day, I...
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    Birth of a trader

    Yeah, I've noticed myself falling into the trap of thinking for the market - trying to keep that to a minimum.
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    Birth of a trader

    Thanks Gov. Yes, short was the way to go, I guess I just couldn't believe that after price finally made it above the EMAm and held for a couple of bars, there wouldn't be at least 20 ticks or so to the upside. Happy to squeak out 10 ticks. I'm slowly (very slowly) digesting Brooks' babble...
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    Birth of a trader

    Thank you NoDoji.
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    Birth of a trader

    Thanks for the kind words and encouragement Picaso. My main concern at the moment is getting stopped out on a noisy retrace, since I'm only using an 11 tick stop. At least for now, I'm somewhat happy to miss a trade than get stopped out by a tick or two before it moves in my direction. I'm still...
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    Birth of a trader

    Today was a wash with 3 trades. I'm going to rededicate myself to finding a good entry to join a run away trend. Since the over night session was slightly down, I was looking for short trades. The first hour or so was flat and nothing interesting happened until the 20 tick bear bar at 06:05...
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    Birth of a trader

    Dropped 'em. Trying to trade off of price and volume only. There were times when the stochastics worked like magic, but they (like all indicators) give false signals from time to time. That was killing me, trying to decide if THIS signal was the real one. Then I'd have another indicator that...
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    Birth of a trader

    A very whippy day. Slightly biased at the open for long trades because of the overnight action. When the 05:25 bar hit the high of the 04:50 bar and formed a double top, I was thinking short. The next bar formed a LL, but it bounced of the EMA and price was so close to the EMA and in an up...
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    Birth of a trader

    Back with a different perspective: Up 11 ticks on 3 trades. Managed to avoid most of the whip and come out in 1 piece. I saw the 70 tick premarket rise when I booted up this morning, so I was predisposed for long, with-trend trades. The consolidation after that big rise almost got me. I...
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    CL Redux

    Stopped out +10
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    CL Redux

    Long 77.52 .15 stop from buy stop placed earlier
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    CL Redux

    Very nice - thanks
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    Birth of a trader

    Thanks again, NoDoji. I thought a great deal about what you said and have looking at charts with a new perspective.
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