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  1. momoNY

    five years later (the previous 5), still struggling!

    Two trades were not valid and I missed one trade. One of the trades was pure nonsense, because I realized I made a mistake in reading the 15mns, I closed the trade then I went back (this is what's killing me). Making a mistake reading a chart is ok, it is part of the strategy and the discretion...
  2. momoNY

    five years later (the previous 5), still struggling!

    If I don't love the markets I wouldn't be trading for so many years, don't you think? If I could make half what I make at my job, I would quit my job! I don't listen or watch TV. I take a look at briefing for reports and avoid to trade when a report comes out. One day is too short to conclude...
  3. momoNY

    five years later (the previous 5), still struggling!

    Today's trades: I took too many trades. I think I'm relying too much on 2 minutes chart. A choppy day would have killed me. But globally it was ok, specially in the afternoon.
  4. momoNY

    five years later (the previous 5), still struggling!

    stopped at 1327.5. $601 profit for the day. I'm very happy although I still need to improve my trade management. See you tomorrow.
  5. momoNY

    five years later (the previous 5), still struggling!

    stop moved to 1327.5
  6. momoNY

    five years later (the previous 5), still struggling!

    stop moved to 1323.75
  7. momoNY

    five years later (the previous 5), still struggling!

    closed one at 1325.5, leaving one for the close, Stop moved to break-even 1122.75
  8. momoNY

    five years later (the previous 5), still struggling!

    moved stop to 1322
  9. momoNY

    five years later (the previous 5), still struggling!

    Long 1322.75 stop 1221.25 target 1330.25
  10. momoNY

    five years later (the previous 5), still struggling!

    Eddie, I respect your view a lot. Could you tell us what position are in now? Longer time frames I can't manage them I know that. I have to work on letting profits run, just like you say, I have to think in dollars, they can be made using 5mns charts too.
  11. momoNY

    five years later (the previous 5), still struggling!

    There is a high chance this is a reversal. Yes I'm biased to the long side, I did not look at the daily!!! the gap is closed. EDIT: Long if 1322.5 is printed.
  12. momoNY

    five years later (the previous 5), still struggling!

    :mad: :mad: :mad: :mad: Yes. I picked the target based on the break out bar on 1 hour chart; the low is at 1318, people will jump long 1319.75 to risk 2points, therefore a good pullback or reversal.
  13. momoNY

    five years later (the previous 5), still struggling!

    Completely agree, I used to use a 10000 ticks the price is clean and you can get out early. Now I trade using IB charts they don't have tick possibility. Using a third party wit IB is not very accurate either, so that's why I use the 2 minutes, may be I'll switch to one minute for exits.
  14. momoNY

    five years later (the previous 5), still struggling!

    I tried chart trader from IB, then I had some problems of trades firing up, may be I did not set it up correctly. I'll look into it definitely, that will may be help me manage my trades effectively.
  15. momoNY

    five years later (the previous 5), still struggling!

    Simple answer: lack of discipline. Following my strategy this trade should be on and stop at 1322.75, but go figure. When I'm i the red I tend to think too much about the money than the chart. I'm working to fix that.
  16. momoNY

    five years later (the previous 5), still struggling!

    shhh out at 1322.5. So far $233 for the day. Next trade will belong around 1318.25. I have to go have my lunch.
  17. momoNY

    five years later (the previous 5), still struggling!

    short 1324.75 stop and reverse at 1326.25 target 1319.75
  18. momoNY

    five years later (the previous 5), still struggling!

    stopped out at 1325.
  19. momoNY

    five years later (the previous 5), still struggling!

    Put the stop where it should be 1323.5.
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