A 70k bet that I can't make a 50% gain in 2009

Quote from Appleseed:

I think a journal can be a great source of discipline for the journalist.It gives him(her) hundreds of watchfull eyes to see if he is adhering to previous stated setups and trade patterns . and also an insight into their execution.
Both parties benefit kinda like a symbiotic (i always to use that word:D )relationship

we give the atta boys and G modestly accepts them and continues his journey to his 50%goal.

CHEERS
john
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By the way i don't think R.W journal would fit the above..his is more inspirational in what great rewards could be achieved with his DeMark type of trading
cheers
john

cheers
john
 
Quote from sappjason:

Yes, but what Mike is saying is that he should have lost:

($30.14 - $30.55) X 800 shares = -328 - $commissh

Not, $-232.20

Jason
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IBN was 500 shares, not 800...typo, sorry.
 
Quote from snake:

oh yeah...my bad. Probably a math error on his part. Although could just be the wrong number of shares. He doesn't usually have a $300 risk level.
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Yes, only time I may take a $300 loss is a HUGE slippage, or mistake in placing the order (been there...done that)..but IBN was only 500 shares..my error in entering here.
 
Quote from ddaytrader:

Tough day to be swimming against the current playing the short side.
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concur!....As I have stated before, I enter each day with a bias...and today I had a strong sell bias.
Bias was wrong.
At least I took patterns/trades that were in my plan.
 
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