F funky Oct 20, 2003 #61 Quote from TheStudent: The weak downtick shook me out. I keyed in a market order on fear of a plunging tape. .... I guess the market rewards patience ... it has turned down to 1037.00 after I closed out my short at flat, 1039.25 More... the market rewards traders who trade without emotion.
Quote from TheStudent: The weak downtick shook me out. I keyed in a market order on fear of a plunging tape. .... I guess the market rewards patience ... it has turned down to 1037.00 after I closed out my short at flat, 1039.25 More... the market rewards traders who trade without emotion.
T TheStudent Oct 21, 2003 #63 It has been instructive day trading and keeping an online journal. I've realised that I need to go back to the drawing board and sketch out clearer rules on entry and exit, so I can fine tune them through the journal. That would be a better way to use the journal to make progress. Otherwise, all I will have is a record of hazy trades with little instructive value. All the comments from ET veterans have been very helpful - food for thought. This journal will be back.
It has been instructive day trading and keeping an online journal. I've realised that I need to go back to the drawing board and sketch out clearer rules on entry and exit, so I can fine tune them through the journal. That would be a better way to use the journal to make progress. Otherwise, all I will have is a record of hazy trades with little instructive value. All the comments from ET veterans have been very helpful - food for thought. This journal will be back.