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Hey Div, I'm a counter trend equities trader about to get my futures demo account set up soon, and would like to trade ES the same way. Looking forward to your journal. I sent you a PM. NoD

YES SIR!

Rashid, I'm gluing that question, "Can my stop survive?" to my eyeballs. Great entry criterion! NEVER MOVE STOP now embedded in my brain (along with quite a few red brick particles). :D

Trust me, Mad, after hitting my head against the bricks, I laughed hysterically. New Traders, take note: This trade made me realize why paper trading is so easy. When paper trading GS I jot down my entry price, jot down my stop, watch the action, choose my exit (if my stop isn't hit) and...

Boosh, careful, too nice. I almost got there today. It was sooo close...

Bob, although your having a week like this doesn't surprise me in the least, having a week like this right on the heels of a major loss is testament to your prowess, your experience, and your professionalism. Go have fun! :cool:

+ $77 Day - $777 Week + $4701 Month Yesterday I didn't trade my usual plans and strategies, and I also placed silly stops and didn't move them. Today I put on 6 solid trades based on my successful trading strategies, chose superb tight stops, then changed them before letting the trades...

+$77 Day - $777 Week + $4701 Month OK, I learned one thing from yesterday's mistakes: Trade my strategy, plan my trades. That worked beautifully, as I entered 6 solid setups, and exited one quickly at b/e when the L2 whispered in my ear. However, didn't learn a thing about trading...

OK, I can't hold back any longer. I have to share something my mentor told me once when I complained about this exact thing happening. He swore me to absolute secrecy, but it's unfair for me to keep such important information secret when the livelihoods of so many are at stake: The market...

Interesting post. I used to feel this way, but I realized I was placing stops in predictable places, such as near high or low of the day (often tested, surged through, then sharply reversed, unless continuing a trend), or near minor or major S/R levels. The best advice posted here is trade...

Thank you, Daniel! That works well! Since the subscribers to this journal have come to expect more than simply technical analysis, I am pleased that you posted that, and I will add my own country ballad here, written back when I left money on the table with almost every trade: I put on my...

Mad, I am beating myself up because GS handed me a high probability long trade and my finger was on the trigger and I could not pull that trigger because I started thinking. Then I strayed from my focus and missed the strongest move of the day with BBBY, which I was rather focused on most of...

Boosh, I am wiping a tear from my eye. You are truly there for me in my time of need. Tomorrow should be a fantastic day. Thank you!

One more thing to add: This is why I keep a journal. I analyzed how my day would've turned out had I listened to L2 action and managed my trades like I normally do: +$630

- $586 This was a day where I failed to take quick action, failed to listen to the L2 as I have been so successfully doing lately, spent too much time thinking about other people’s strategies instead of simply doing what I always do, and did not stay focused when watching for setups. It all...

-$586 This is what happens when you think instead of trade your setups instinctively, when you change strategies that have been working, when you stop listening to the price action (L2), and when you change a plan. Wow, all in one day, too! Please be on the alert tomorrow to see if I...

Yes, oops! The blotter post shows the actual prices covered. Late last year, AIPC gapped up to a 52-week high, placing it on my short radar. I observed its action for quite some time. The thin volume, large spread and insane moves scared me, but when it gapped to a new 52-week high in...

Austin, my friend, ROTFLMAO! I mainly day trade, fairly new at it, improving steadily, up 30% this year, haven't even begun increasing my position size yet, and never used more than a small fraction of my PDT margin.

+ $1099 Watching BBBY for test of yesterday’s high, but instead of being patient, I entered on a stall in the action at overbought @ 24.76, stop @ 25.00, hit for a $118 loss. In retrospect I should’ve set a tighter stop at that price level, because the stall should fall and if not, the...

+$1099 Left about $700 more on the table by not following my instincts!