50 pts in the ES

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

the market rewards traders who trade without emotion.
 
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.
 
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