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"do not try to learn a lesson"??? This is flat out bad advice. One should always be looking to improve by analyzing a failed trade... the goal is to determine if the trade was truly a "bad" trade-- one that after being detached from it allows you to see where you potentially violated your...

"Trashed"...??? Making a multiple timeframe suggestion and pointing out the importance and reasoning behind having an established identifiable target in advance of an executed trade is your definition of "trashing" a thread? Trying to help improve this OP's performance makes me obnoxious...

"The guy is not trying to make money"???? Have you lost your mind oldtime? Of course he's trying to make money. Did you read his very first post??? He wants to be consistent for a reason--- to eliminate the mistakes of violating his discipline that have caused him "big chunks of...

OK... the Japanese ideal of unity, team play and no individual heroes in baseball. What does this have to do with why you gave me a rash of &&$# for my post? What was wrong with the post relative to this Japanese ideal??? What was wrong with my post relative to what you state the...

Evidently I'm not that smart or sharp.. cuz u have totally lost me with that comment lol "You Gotta Have Wa".... ?????

I probably should have prefaced that with "in my humble opinion"... LOL But the reality is for me-- it was indeed "immediate". Not sure if you've read the book and/or had the same issues... but I had two other skype trading buddies for about a half a year try and convince me to get over my...

Well.... it depends on what exactly your conflicting signals are... and what the net result is over a number of trades relative to win/loss ratio, profit factor and expectancy. If the numbers aren't favorable... then yes I would recommend skipping the trade. You basically want to have clear...

OK... thanks for the clarification... and I hear you.. we all fall astray from our plan at times... what is key is realizing when it happens and doing everything we can to avoid it again.

oldtime... instead of uttering insult after insult toward me... care to point out exactly what in my post you referenced that you feel is not relevant... or is in error? In addition-- I would like to know specifically what you feel is obnoxious exactly...? I am trying to help this OP...

Why? Was this your target from the get go? Was the target higher, but something changed to invalidate your setup? This represents not even a 1:1 R:R... exits like these will significantly impact your profit factor negatively over time... you want to get this well above 1:1 consistently...

"NO TARGET YET" Before you ever enter a trade you should know this... Never enter a trade without it. You want risk:reward ratio of 1:1 bare minimum.. preferably 1:2 or better however.... You simply can't know your r:r if u don't know your target.... a clear target should be very...

Hello calmurotrader! Just read the entire thread. I agree with oldtime-- your discipline thesis is solid-- executing and sticking to it is always a challenge and work in progress however for all of us. I would like to suggest that you take your analysis of trade setups to the next...

I am actually quite surprised after reading thru the 6 pages here that not a one has recommended what for me... well... for me was a life changing event that helped me overcome my fear of pressing the trigger: Read "Trading in the Zone" by Mark Douglas. I'm convinced beyond a shadow of a...

Not really. You have implied volatility, time decay and delta and gamma differences you need to be aware of that can negatively affect your outcome. Not a wise choice.

The acct does not need to be a retirement acct-- simply remove margin and a regular acct becomes a cash acct.

Not true. Trading weekly deep itm deltas of .9 and up in highly liquid equities with liquid options and tight bid/ask spreads act as surrogate for the stock without the huge capital outlay. No worries about implied vol issues or time decay due to high delta... the entire premium is...

If u make it a cash account you can trade as many times as u want daily--- provided u dont exceed your available equity. So for example you could make 5 round trip trades in a single day with $ 1000 allocated per trade (technically less after factoring comissions). Since options clear in 1 day...

Typical non response from Neke... same old song and dance.

There is a very simple solution to the time decay issue-- just trade deep in the money .90 or higher deltas--- virtually the entire premium is intrinsic and therefore the effects of time decay and implied volatility are nil. In addition... there is a side benefit-- commission costs will...

Wise xburbx... very wise. Screen time-- whether active or passive -- nonetheless will pay dividends in the future.