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may i ask if those of you who post in this journal regularly use an automated system for your trading or do you manually pick discretionary entries/exits? if i may, then do those of you who post in this journal regularly use an automated system for your trading or do you manually pick...

now that was a helpful post. thank you for citing specifics. i'll address a few of your points. it is the overall idea, same as most everyone's overall idea i assume. there are more details but you got me in that i do think they are insufficient. if i wrote a precisely detailed version...

well what do you define as a plan? maybe i have the wrong idea about what it means to have a trading plan but i have set defined rules for my trading and posted them last week. i infrequently trade because i want to keep from overtrading and keep my commissions low. perhaps i'm trading too...

tz, thanks for your input. can you highlight any specific things you think i'm doing wrong?

darn, i'm still rooting for you krolyk. i took a drawdown slightly larger than that a few months ago so i empathize. no doubt you can battle back from a hit like that if you want to, just slow down a bit and take it one step at a time. maybe rethink your strategy so you can minimize your...

are you asking for today's entries and exits? i'm not sure what you're looking for. my losses have been slightly bigger than my gains this week because of several factors. 1.) i panic when my trade turns red and cut out at the bottom. today i forced myself to move my stops back a bit and...

all day i felt like this was a really bad day; like i made one horrible decision after another. but since i've had a chance to review i realize my performance wasn't really that bad and the PnL is skewed by one big mistake. don't know what the heck i was looking at, but decided to short...

hit the max i'll allow myself to lose in a day and called it quits. i had the right idea on both trades but jumped the gun on each. down 4.75 points on two trades.

thanks, i'll need it. today was my first full day back at trading after a 3 week hiatus. wasn't a terrible day but i already noticed a problematic tendency that manifests in one of two ways. i try to align my stops with the correct time frame i'm trading, but i'm so used to watching a...

fantastic post, jorge. krolyk, a lot of people have given great advice. your enthusiasm is great, but i urge you to take a step back and analyze what has been written to you. other than that all i feel compelled to advise is that you cut your trading volume and number of contracts on at...

the thinkorswim account is now funded and i'll begin trading probably tomorrow. i'm now waiting for futures trading to be enabled. been looking at a few stocks today for an overnight trade but i haven't been following them closely enough lately to feel comfortable with their movement so i'm...

no offense taken. you're correct in everything you say. realistically the odds are stacked against anyone in my spot, but if i didn't try to maintain some shred of confidence i'd be KOed before i started, you know? luckily i can get by for 4-5 months without this profit thing we speak of...

well, i've been agonizing over this for the past few days. at first i was very comfortable with my decision to mainly trade the ES, then had a blow to my confidence when i was told by my friend i'd lose everything by doing that, but i'm now returning to my original position. eric, you're...

sorry for the delayed response, i forgot about this thread. long story short, i ended up using the boxed version of turbotax in order to import my trades from gainskeeper. i'm pretty sure it worked well right off the bat but i did a bunch of tweaking, 1.) because i traded some money for my...

cfmtrader, hopefully you and others can benefit from following my inevitable mistakes. : ) i've been trading stocks full time for six months, though i've been loosely following specific markets for about two years. i'm trying to give myself some credit for the little bit i've learned, as...

well, shux. i spoke to a friend briefly at church this morning and mentioned that i'll possibly be switching my trading focus to futures. i guess that's his trading specialty and he warned me to stay away as well. maybe i missed something but i considered the liquidity and efficiency of the...

holy moly (yes, i'm trying to bring back the holy moly), thank you for all your insight. i can't spend much time now but i'm going to re-read your posts later to pick out some special things you said. this was especially helpful off the top of my head: it makes so much sense and doesn't...

i was gonna ride the recent theme of "taking $x to $y" with the title "taking $20k hopefully not to $0" but it turns out that's not as funny as i first thought. neither did i want to use the word newbie in the title. i'm a relatively new trader; started full time in october '07. i've been...

hey man, good for you. at least you're in the black so far. be careful with the large positions and don't break your rules anymore if you come off this weekend's trade ok. don't get cocky because it worked once.

hell, i went to a good school but majored in the wrong thing...twice...and now i don't know what to do with my life. i love math but hate programming so being a quant is out of the question. i'm not a type a so i don't desire the pressure of a professional finance job. i like trading and...