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Today's Trades 2 Trades - Net Profit of $44 Beginning Balance this morning = $711.52 + 44 = $755.52 Was very patient today.. but did make a trading error.. I bailed on a trade too early.. my plan calls for trailing a stop on this type of trade.. especially being the fact that it...

Hey cd, That's the $64,000 question. I keep questioning myself.. WHY?? Why do I do the things I do.. I know what I need to do.. I know how to do it.. Executing in the heat of battle is the problem.. I believe I have some deep down psychological hangups.. Feelings of inadequacy, lack...

Took a few days off.. Starting trading again today.. Net loss = $86.00 Still lack discipline.. You'll see the 2nd trade on the chart should not have been taken.. Actually I shorted there and my system calls for going long under normal circumsatances but with the top tails that formed...

Oh Well.. Down $367 for the day so far.. That's 37% of the account balance I always have these days and I can't figure out how to stop it.. or should I say stop myself.. I believe maybe I'm in a state of denial.. Maybe I need to just give it up.. I"m so disgusted with myself I...

Cdbern, My entry criteria is somewhat subjective.. On the pullbacks I like to see price touch the mov. avg. & form some sort of a reversal bar.. mainly I like to see in an uptrending market a bottom tail or two form.. On reversals I like to see a reversal bar.. I usually take my...

Euro trade for today.. Just a note: I've fallen a little behind my profit schedule with today's loss.. One unprofitable day can wipe out an entire week of hard work and grinding.. I can get back on track.. the key is to remain focused and stick to my plan.. be patient and let the...

Today's Trades 6 trades.. Net Loss of $85.50 Prior Balance = $1,237.52 - 85.50 = $1,152.02 Bad Day.. Made a good trade early but stop was too close.. got stopped out at the high of the move.. Put me down early for the day and never really recovered.. which is why like I stated...

Euro Trade

Updated Trades: Friday took a $58 Loss in the ES.. didn't copy chart to paste.. Today: Terrible.. did not follow plan.. Turned out to be profitable but should have easily been a $150 - $200 day. 3 trades.. Net Profit = $78.50 Beg. Balance.. = $1,217.02 Friday's Loss...

Hey Private, Yes it has hurt me in the past.. I have a spreadsheet that I show a weekly profit target and carry a projected balance forward .. and when I slip behind my goal I take mediocre trades to try and catch up.. and of course they make things worse.. With this thread I'm fully...

Yeah I heard him say in an interview that he broke plenty of Money Management rules in that timeframe.. but it turned out okay.. Oten..Yes I agree with accelerating the gains.. which will come when I increase size.. which hopefully I will be able to do by end of next week or a few days after..

Today's Trades 4 trades Gross Profit = $82.50 Net Profit = $50.50 Beg. Balance $1,166.52 + $50.50 = $1,217.02 Good day profitability wise.. Got out of a NQ trade early that would have resulted in a nice profit.. The trade attached was a loss in the YM.. I made 9 pts. in the...

Funny Huh.. And they kept talking about fear of Mad Cow this morning and last night..

Sure does.. Maybe we can publish it as a new pattern.. write a book.. Hold some seminars... Good eye

Today's Trades: 2 trades.. Gross Profit = $100 Less Commission of $8 per trade.. Net Profit of $84 Beg. Balance $1,082.52 + 84 = $1,166.52 Met goal for the day but it could have been much better.. Bailed on 1 trade a little early and missed a trade late in the day with a limit...

Here's an example of how I'd hurt myself in the past.. Had a nice opportunity for a buy at 9:55.. but passed because this time period is very volatile and I've gotten whipsawed an awful lot with my trading style. In the past.. I would be a little angry with myself for missing that profit...

Mrwsm, I agree with your figures.. and there's no way I can maintain that type of return.. but when the account is small I believe it is possible for a short period of time.. I can achieve this by averaging 1.5 pts. in the emini sp daily.. Doesn't sound hard.. but when emotions are...

I think this achievable with my system.. IF I FOLLOW IT.. This is a copy off of Oten's journal of course.. I have a small account and am getting ready to either shut it down or re-fund it.. I will post my trades once again here if anyone is interested.. I failed with my previous journal...

For me anyway. I've found that my trading is far better later in the afternoon.. the 14:30 - 16:00 period.. I always here people say they make all their money before noon and call it a day.. that's where the money is to be made. But for me.. thats where it is lost.. Not sure why.. but...

Still trying to master my emotions in this game. I find when I make a good trade early in the day and am up a decent amount ( like today.. went long NQ @ 1440.50).. I have an urge to make more $$$$...and quickly.. The oppositte happens when I start out with a loss. The urge to get it...