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  1. M

    Consistency is my goal

    Includes deposits / draws. My equity adjusts up / down based on them. Hopefully that answers your question.
  2. M

    Consistency is my goal

    Thanks. It is never easy psychologically. I lost confidence in my trading abilities and my system which was a mistake. It took looking back to what made me successful and getting back to basics to turn things around. It's not about making back what you lost. It is about getting back on...
  3. M

    Consistency is my goal

    Prop and retail account combined. During the year I have moved additional capital into both accounts. In hindsight a bad move given what I went through midyear. It has been a learning experience. I am actually breakeven on the year now after being down close to $100k at one point. Clawing...
  4. M

    Consistency is my goal

    No, I wish I was that good but in today's market structure I don't think it is possible. I use MA's, critical levels, RSI, and MACD. I track several time frames for confirmation of what I am seeing.
  5. M

    Consistency is my goal

    Daily Equity Curve for 2011 as of Nov 3rd. Sniffing highs not seen since April. Goal for end of this year is to crack $400k. If I get there, I will be elated. Please note that this curve will adjust down 10k each month (I draw this every month regardless).
  6. M

    Consistency is my goal

    Month ending 10/31/11 +19,800 Week ending 11/4/11 +6100 Ended the month nicely, no complaints about that. Still a bit hot under the collar with my ES performance. Last 2 days of this week I switched from swing trading ES to pure intraday 1 min chart scalps with the tape instead of...
  7. M

    ES Journal Archive (2011)

    Capitulated on my 3 short contracts earlier today at 45. Did not want to wake up to another 3% up day with the forever changing news out of Europe. Regardless of what the daily and weekly charts are telling me right now, I am not willing to risk it.
  8. M

    ES Journal Archive (2011)

    Have a total of 3 contracts, of which 2 I added last night. Technicals not broken on the daily and weekly chart. Still pissed but as soon as one gets emotional, that is when one does stupid things.:mad:
  9. M

    ES Journal Archive (2011)

    The great thing about the market is the techical warning shoot it gave us late monday night with longer term MA crossovers (50 below 200), 60 min chart. So far it is holding and looks to be getting more bearish as news keeps coming out. The longer term charts (daily and weekly) are also very...
  10. M

    ES Journal Archive (2011)

    Here is a good one. My wife wakes me up at 2:30am to kill a freakin bug in our bedroom. So of course I cannot fall back asleep and here I am at 3am looking at the market as I type this. My overnight order of 1225 did not get filled (missed by 2 handles). I added to my short at 1217.25 with...
  11. M

    ES Journal Archive (2011)

    JD, believe me, we all fall victim to this. It is our egos that cause this. Stick with your strengths and leave the rest for the amateurs.
  12. M

    ES Journal Archive (2011)

    Looking to add to short on pullback up at 25-28. I hope it gets there, should be decent entry based on 60 min chart. Market still looking bearish based on 60 min MA's I track. Good luck all. Should be an interesting overnight.
  13. M

    ES Journal Archive (2011)

    Just numbers. I agree with what you are saying on EurUsd but at the end of the day, it is all about the numbers. I got burned trading an opinion in October and I refuse to trade intraday now given all the tape bombs out of Europe.
  14. M

    ES Journal Archive (2011)

    Fwiw, I am getting a confirmed sell signal on the 60 min chart based on MAs that I track. Actually got the first sell signal overnight. Unfortunately was not up to trade it. We could see pullback up to 1235-1240 and then turn down from there.
  15. M

    ES Journal Archive (2011)

    not sure I understand your question but the thing to pay attention to is your current maintenance margin. make sure this is below your net liq and you should not get margin call.
  16. M

    Consistency is my goal

    Psychology is a huge huge part. Just last night I was telling a fellow trader how disciplined I have been with pairs as of late and how that has allowed me to remain somewhat steady the last 2 weeks without blowing up. Lack of discipline leads to a breakdown in mental toughness. When you...
  17. M

    Consistency is my goal

    Week ending 10/21/11 -10400 Week ending 10/28/11 -1900 Did not post last week so I included those results above. Still up 10500 for the month but after the first week I really blew it, plain and simple. Instead of being cautious and going with the tape, I was too aggressive with...
  18. M

    ES Journal Archive (2011)

    GDP could blow the top off and then we trade down from there. Let the tape tell us the direction. We are a full ATR off the low overnight and the market is not even open. Pretty crazy.
  19. M

    ES Journal Archive (2011)

    Nicely done macho grande.
  20. M

    ES Journal Archive (2011)

    I stand corrected. Interview with Sarkozy states that the investors have accepted the 50% haircut. You can find it on bloomberg.com. Can't believe they rolled over just like that. Maybe Greece will come back 2 months later and require a 75% haircut, then 100%.
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