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BMW, Spoken like a true trader. It does come down to realizing that regret messes w/ the head. As long as we can land some fish nearly everday then all is good. Nice job today ! Wishing you a great year !

Profit goals are tricky for me. (maybe if i had more profits it would be easier). I've thought that if I were up say 12 pts then took a 1 pt loss then I stopped for the day i'd be rather frustrated if the market then offered another 10 or 20 + pts. Some kind of overall trading and mental...

i agree, Art. 2 cars on 20k + account sounds perfectly reasonable given Instynct's consistent results. Merry x-mas Traders ! jas

Been a few years since i've been to Pacific Beach. Definitely very laid back. At your age i was married (i'm a decade + older than you). Take advantage of your single status and commit to being the best trader you can be ; if that's what you want. Study your charts and the psych side of the...

yep, you got it. A So. Cal boy. You in the city ? Fun place. My good buddy and college roommate used to live in the Marina district. great bars and good people.

SF, i don't know what to tell you except i think we've all been there. I've certainly had more blow ups and margin calls than i care to admit. take a break for awhile till your heads clears. GL

Cirrus, I'm currently reading The Intuitive Trader by R Koppel. Your comments about being in and out of the zone are discussed in the book. Ed Toppel was interviewed and had almost the same comment after a very good winning streak thinking "this can't go on". For him it wasn't about being...

Guru, Very interesting because i recently put in writing a goal to become a fulltime trader within 3 years. Normal objectives of how much capital to have, constistency expectations, sub goals or milestones i need to strive for etc. Ultimately i want to average 5 nq pts a day. But, my daily...

Thanks RN, My ego was very loudly asking me if i wanted to close + 5.75 or possibly only +3.75 today. To quiet my ego (or work with it) i need to focus and get satisfaction on process goals. A pat on the back for following my plan is all i should be striving for i suppose . If i can do...

No break throughs yet. Still mostly small winning days and losing days. Had a mini blow up week or so ago. Realized after the fact i was tired while trading. You all know the saying.. a wise man learns from mistakes of others, a fool learns from his own. i'm still aspiring to become a fool...

nice job guys. i'm trading aggressive at the wrong times. Sucks being a slow learner. tired today too. 5 trades -2.25 pts

Insynct, about all i can offer for advice is get some exercise. Other than that you know how to trade and will recover fine. I kept a short bias too long in the morning and missed some trades long and short.

sf, I don't trade stocks but i would agree w/ dustin re: stock selection. stocks in the news can be could candidates for liquid momentum plays. look around; try barrons online or yahoo. try demo for a day. A good read on day trading stocks is One Good Trade by M. Bellafiore sorry to...

There was a guy interviewed in TA of Stocks & Comm magazine in June 2010 named Josh DiPietro who is daytrading for 15-25 cent moves. (Had to dig through the digital files to find his name) From what i recall he was doing many, many trades a day. I thought he was doing something similar as you...

OK i finally clued in. you guys are posting PnL's in $$'s. Not enough patience but did make a nice trade to close out the day. Net zero pts though.

DblArrow, Sorry for not responding sooner and thank you. The little swing low makes sense too. thanks & feel free to post here anytime. jas

Clawing my way back after a mini melt down last week.

Good morning all

you got me 'beat' but so much for my patience. despite the large gap it's acted pretty normal. i failed to get the read though. what's the line... we're hoping our midterms grades help our average.

Morning traders. interesting move right into that resistance 2275 -80 area. hard for me to be a buyer up here not my kind of day but i think i have the patience for it now. GL