Jack, ever since that virus my excel won't work, so I am unable to view that attachement. What do you think of my idea? I believe at one point you recommended to me that I trade low-priced stocks.
Baggerlords Journal
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I hope everyone is short on the ES right now. Nice double top with candlestick reversal.
I turned down that housekeeping job. I reminded myself that I am not a woman, and couldn't go through with it. Would have cut into my skiing time as well.
I turned down that housekeeping job. I reminded myself that I am not a woman, and couldn't go through with it. Would have cut into my skiing time as well.
Good news, got my balance up to $1200 this AM. I've been reading The Master Swing Trader again, and stuff is coming through to me very clearly this time around. I have a feeling this is a book I will be reading many times. I've been treating my trading like swing trading, only with the plan that I will be out by the end of the day. It is paying dividends. I'm only making 1-3 trades a day, and most of them have been good winners. If you haven't read this book I highly recommend it, as a matter of fact I will sell you my copy for $50. This is an opportunity you don't want to pass up. I'm not getting too excited, because I know what happens when I do that, just thought I would share what has been helping me. The mother of all comebacks is building steam. I am still thinking about opening a stock account, but am going to let the daytrading run its course.
BTW, just kidding about the book for sale.
BTW, just kidding about the book for sale.
Bear flag on the 5-min ES?
Baggerlord,
You are trading for the thrill...Until u get over that, please save your money...get on 10 or 15 min charts, use weighted ma's and find something that happens over and over.....trade it...3 indicators lined up in same direction or something that simple...
PLEASE QUIT GAMBLING....ENTER @ TOP OR BOTTOM OF CHANNEL WHEN RUN BEGINS....USE 3 OR 4 PT STOP...STUDY DAY AND NIGHT FOR 2 YEARS AND YOU WILL BE READY TO TRADE...QUIT LOOKING FOR EASY MONEY....IT AIN'T EASY
You are trading for the thrill...Until u get over that, please save your money...get on 10 or 15 min charts, use weighted ma's and find something that happens over and over.....trade it...3 indicators lined up in same direction or something that simple...
PLEASE QUIT GAMBLING....ENTER @ TOP OR BOTTOM OF CHANNEL WHEN RUN BEGINS....USE 3 OR 4 PT STOP...STUDY DAY AND NIGHT FOR 2 YEARS AND YOU WILL BE READY TO TRADE...QUIT LOOKING FOR EASY MONEY....IT AIN'T EASY
Not a bad day today, was a little negative in the chop this morning, had a good trade in the PM, ended up -$5 after commish. Porgie, sorry if it seems like I am gambling, but I am not. I am becoming a better trader every day and am taking this very seriously. If I wanted to gamble I would drive to Reno. It might seem like I am all over the place trading-wise, but I think every change I make is an improvement, and despite the apparent randomness of my trajectories, there is a lot of logical reason behind it. Thanks for your concern though.
One thing I have been doing is tracking the ES a lot more. I am mainly trading the YM right now, but I take my signals off the ES most of the time. I wait for the ES to break some serious resistance or make a big reversal bar and then enter on the YM. I have found this to eliminate a lot of the noise on the YM. Of course I only do this when their charts look pretty much the same.
OK I'll get that book.
Thanks!
What does it have to do with my post?
Thanks!
What does it have to do with my post?
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