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01-27-11 12:57 PM "SD, I see what you are saying. However, I trade larger positions, so my risk tolerance isn't very high. Hence, whenever, I see some weakness that makes me uncomfortable, I'm out. " Sam, Since I don't trade on your time frame (Daily, 60 minute charts for me) Caveat...

Sam, Good Thread, " 01-25-11 05:50 PM Pic. 2: Trade 2: LONG: Entry: $47.94 Exit: $48.75 -$0.81 A really good trade that I got shaken out of. This is a constant problem I am having (long tails) and need help/solution with this issue. I tend to get frozen out of the...

well intentioned post on my part - but I now see that you have been trading for some time, and so you have likely determined that this works for your approach & time frame. I tend to be too restrictive. Risk adverse , no pain, no gain ? I assume that larger Risk should be...

01-10-11 02:31 PM Will be taking 3% risk max per trade which is 288.00 . Due to last year, I think I'll be doing things a bit differently. I'll do my best to limit my risk to 1-1.5% for the first entry, and as the trade develops, add the other 2 to 2.5% risk. Many of my trades last year...

Ghost; For Christmas, I ordered a copy of Dave Landry's "Layman's Guide to Trading Stocks" I would recommend purchasing a copy, as it will give readers insight to some very specific techniques- that he has employed , to deterrmine how to take longer term swing trades and exit...

I admire those that can hold a position and reap the rewards of a longer term position- I don't have that tenacity, and am struggling with how best to react to 401k long term funds that i feel i need to be prepared to change . I don't think of any Fund as a long term hold anymore- What I...

Thanks for the follow up. This thread has provided some motivation for focus in my own limited trading. I look forward in the weeks ahead to reading about your ongoing ability to maintain your focus, leading to positive net results! SD

Congratulations on putting in a turn-a-round week! Stay grounded - Build on that 'success.', even though you felt it wasn't perfect trading, you controlled the outcome to be a net positive, by controlling yourself. That's an outstanding reversal of trend! Could you elaborate on : "...

"The motivation i am speaking of, is not the usual rah-rah,, 1000% discipline, to do my best etc.. The real motivation that matters is the one where Leverage comes in. " 'and incorporate that change in the rest of your life as well'- paraphrased. Balanced. I think you are on the mark...

Deja vue- I recognize you (or clone) from the Clear Station -Swing trading forum -circa 1999/2000 as I was just starting to trade pt. If you are not he, I am very surprised, and will apologize in advance. Your handle was Puma Cat- Very Intelligent! You were a master of...

RN: Well put Mantra:Succint, to the point. I'll borrow that, and put it above my monitor. " "The most powerful and empowering sentence I know, and my mantra…. If it is to be – it is up to me" I've enjoyed reading this thread, as well as the open exchange of ideas. It...

I understand what you both are saying. (Thanks for no offense at my presumption.) "Furthermore; Illiquid knows exactly what needs to be done, and exactly who needs to do it… Speaking over the phone with a dumbass redneck ain’t it (oh man if only it were that easy – well it isn’t)...

You are welcome. But I First owe you a Thanks for your thread, and for having the personal credibility to share your experience. It has prompted me to try to get back on top/reevaluate` of my own trading game- . I didn't mind my losses today- because I set my expectations and adjusted...

"I definitely cannot blame anything on the markets -- this week's conditions were optimal for what I look for, and knowing that I was blowing it probably added fuel to the fire. It was just a number of knee-jerk reactions on my part to being unable to keep a good day intact, one leading to the...

04-25-10 12:05 PM P/L for the week: -13k on 336k shares 0, 0, +6, 0, -19 Two mini-blowups in two weeks, not quite a record for me but still plain ugly. Over the years I've found that mentally these things just turn when they turn, the more you struggle with it the worse off you are...

I would agree with Trader Zones comments for the most part- Except the necessity to blow out your account. Caveat Emptor- I'm not a day trader, but this method slowed me down and saved me from myself, - appropriate for trading stocks. New to trading: Read the books, study...

Here's a link to an article by Oberman that suggests that these leveraged ETF's d0 not perform 2x the underlying instrument over time. http://www.thestreet.com/story/10457663/....ltrashorts.html Also, Look at the weekly charts of EEM and EEV. One is a 2:1 short- both both ended up losing...

As a swing trader with a full-time day job, I simply started reading this journal/thread looking for ways to improve swing trades entry and exits looking at daily price action on a faster time frame, less indicator oriented and more price focused. I'm not sure I can apply much of what...

I had an interesting day today- As an after hours struggling swing trader that only makes 15-20 trades a month-last year+ - I recently started looking at ways to try to improve my stock selection- besides the technicals, I wanted to look into adding some fundamental criteria, so I'd do a...

When I look at my trading account-I feel like the commercial- I recognize I only have myself to hold accountable- I'm a part-time swing trader,actively trading for a year+ (2000 didn't count IMO) and I got my butt kicked for starters by simply starting off the month with a group of...