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Benysl, Don't worry, you'll again violate your rules, very soon. You'll always think that today is the exception. You'll say to yourself I'll violate my rules one more time--After today, I'll never violate them. This will go on for a while until you lose all of your capital after you increase...

I wasn't sure about this... So did you violate your system by thinking you'll make up your losses? To me it sounds like you revenge traded.

Very well said!

Good question! I admit to myself that there's a fair chance of missing good opportunities once I pull the plug for the day. I'll be OK with this situation since I actually followed my rules by stopping trading that day. In this case, I'll feel like an idiot and tell myself: Look you moron...

Yes, this is exactly what's happening. When I make good profit early in the day, it's usually from catching a good trending move and riding it all along. That trending move usually ends up being the single best move of the day or at least up until 3 pm EST or so. That's why I decided to trail my...

I also have discipline issues. It came to such a point that I don't care if I make or lose money today/this week/this month. I just want to stick to my rules 100%! I know that I absolutely have to be consistent to become succesful. Market has no boundaries, no logic. You don't want to add...

When I make good profit early in the day, I tend to increase my position size. When I double # of contracts, it feels as if my stress level goes up by a factor of four! This sometimes makes me freeze when it's time to collect profits or cut losses. Well, at least I'm well aware of this problem now.

I've been daytrading stocks on and off for about five years. I've been trading only NQ for the last seven months. I wish I had been trading e-minis longer! By following ES and NQ everyday, I'm learning something new about how markets move (or chop) and most importantly about myself! I have...