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  1. jas_in_hbca

    jasinhbca's quest for discipline, knowledge & profits

    7 Trades -6.00 pts First trade I forgot about news at 7:00 am and got filled on a long that got stopped out quickly -3.00. Nice set up , wrong timing. A few mistakes and few a trades I definitely should and did take but they just stalled out. Another uncomfortable trade taken that...
  2. jas_in_hbca

    jasinhbca's quest for discipline, knowledge & profits

    thanks RN. Green but not my best day of focus. Late start today, 2 losses pre fed then I sat on hands. After the Fed minutes waited for volatility to taper off then caught a late in day long. Exit was after price made a new bull mkt high by a couple ticks and stalled. + 4.5 pts for...
  3. jas_in_hbca

    jasinhbca's quest for discipline, knowledge & profits

    Good focus but back to hesitating. Only two trades. Forced the second one late in the session to get me to start pulling the trigger. Won't do that again. Doesn't do any good to practice the wrong behavior. +3.25 Time to step off that ledge.
  4. jas_in_hbca

    jasinhbca's quest for discipline, knowledge & profits

    Yes, agreed my benefit. Sorry for late reply. ===== -2.75 pts today on 3 trades. Not much to say. Money to be made today despite range bound. My mental state and focus good but not quite quick enough to act or reverse to catch a decent trade . No worries.
  5. jas_in_hbca

    jasinhbca's quest for discipline, knowledge & profits

    Yep, focus is a nice thing. Today was a good confidence builder. Felt good coming into the day and I got positive results. Perfect. I will need to learn to refocus after a profitable trade and look for re-entry opportunities. The emphasis remains mental work which doesn't make for a...
  6. jas_in_hbca

    jasinhbca's quest for discipline, knowledge & profits

    Thanks RN. === Not much to say about today. Going in to the day I didn't feel as focused as I thought I should be but I figured I got enough sleep so I should be fine. Well, I wasn't. Very nice entry on first trade then poor exit missing a nice run. Had a hard time shaking that off...
  7. jas_in_hbca

    jasinhbca's quest for discipline, knowledge & profits

    Progress is being made and yet it doesn't quite reflect in my results. Yes, this sounds strange and No, I'm not in denial of my mistakes (exits) There is a subtle mindset shift going on that is hard to explain right now. Basically, as I believe I've said before, I'm trying to focus on what I'm...
  8. jas_in_hbca

    jasinhbca's quest for discipline, knowledge & profits

    -1.50 1 trade. Pretty narrow range today. Good patience, focus drifts during these choppy days. Or am I just avoiding doing something stupid ? Overall, a decent day.
  9. jas_in_hbca

    jasinhbca's quest for discipline, knowledge & profits

    Thanks, RN. Was planning on doing an update over the weekend but got busy doing PA/trade review and some thoughts on trading psychology. Will probably post more on the latter later. -5.75 Friday 3 trades, + 5.50 today 1 trade.
  10. jas_in_hbca

    jasinhbca's quest for discipline, knowledge & profits

    Much has been said about trading being mostly a mental game. I'm not in disagreement and as I've said before I'm trying to put more focus on ME and my actions. There are still execution mistakes, like overstaying trades today (that bastard confirmation bias) and I will continue to review...
  11. jas_in_hbca

    jasinhbca's quest for discipline, knowledge & profits

    Sometimes I use a mental target to allow for an upside surprise, other times, channel targets or S/R I place the order in advance. Then there's the times I place the exit order then start moving to bigger targets. That I'm not going to do anymore. too distracting. Should my target exit...
  12. jas_in_hbca

    jasinhbca's quest for discipline, knowledge & profits

    I trade from two different computers (locations) so I don't have any software generated consolidated reports. Last two years been tracking my results in excel. Last year I had some nice streaks with weeks in a row of profits and then same on the loss side. This year just slow losses, down...
  13. jas_in_hbca

    jasinhbca's quest for discipline, knowledge & profits

    Not much time today for an update. I keep thinking one of these days it will all just click and the trades and profits will come easy. Not yet. -1.75 Good focus but some mistakes. Not enough patience then got frustrated. I reminded myself that being a frustrated trader is who I used to...
  14. jas_in_hbca

    jasinhbca's quest for discipline, knowledge & profits

    Focus felt good during the day. Good patience in a slow day with ranges, S/R on top of each other. I did lose focus on my second trade. Got lulled into the slow PA and thought I was riding out a normal PB until I gave up on the trade. Mistake was my not exiting at target. Overall -2.25 for...
  15. jas_in_hbca

    jasinhbca's quest for discipline, knowledge & profits

    I agree ...it does sound a little bizarre :) I'll give it a go.
  16. jas_in_hbca

    jasinhbca's quest for discipline, knowledge & profits

    Umm, a little confused. What are we (me) trying to accomplish here ? By not moving stop it allows for less decision making and thus more focus on current PA ? What do mean be actively managing the trade ? I thought that involved trailing a stop, if appropriate. Actively understanding PA ...
  17. jas_in_hbca

    jasinhbca's quest for discipline, knowledge & profits

    Done. Did what I intended then quit shortly after second trade. (Have work that needs to get done and market looking choppy) As far as discipline, I'm not going to worry about missed trades for now. Just trying to develop the daily habit of being rested, focused, and engaged with the...
  18. jas_in_hbca

    jasinhbca's quest for discipline, knowledge & profits

    The day will begin with me knowing that proper focus comes from staying engaged with the market. Talking PA out loud if necessary, making notes on the chart and remembering that the best trades work quickly. If they are not working quickly then no need to stick around. Remembering to watch...
  19. jas_in_hbca

    jasinhbca's quest for discipline, knowledge & profits

    Thanks RN. Trade should be there on the second chart in my previous post. You have a good weekend too . jas
  20. jas_in_hbca

    jasinhbca's quest for discipline, knowledge & profits

    Thanks for sharing that RN. It's a terrible feeling to know that the plan was not followed. The drain of the capital twists the knife as a reminder one is moving further from the goal. Lot's of head games. I've learned or am trying to learn to calm the inner critic and forgive myself for my...
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