ES Journal - 2012

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Quote from BSAM:

Brother GM...What timeframe are you trading?
If you prefer to not say, no problem.
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Had walked off so didn't see your message. I am happy to explain.

My stop is 1341, otherwise I am hoping to get a target below 1310 either today or tomorrow.
 
Quote from ammo:

i was going to ask if you had moved your stop up but felt i had already interfered with your position/mind enough
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My original stop would have held though.
 
Yeah, I just need to get my account higher, so I don't blow it up. Wife won't let me put anymore in.
But it is best to sweat it out, and hopefully survive. It will make me a better trader.
 
you can easily get all that dough back slowly,stay away from the edge of the cliff, take the lay ups,sit on your hands most of the time,will take a lot of discipline, there is an old saying in trading , you never make any money until you have gone broke 3 times,for most it takes that long to stop gambling and treat it like a business where you have to manage the money wisely to ride the ups and downs, trading can be easier than a business because you can just close the doors and have no costs,when ever you want... there are 2 or 3 layups per week which could easily net 1000 a week on a one lot trade,thats a long way from 26k but if you forget about the past, where else can you get a job sitting around the house for that kind of dough,think 3 months out, thats a 2 lot,2 k per week, 6 months out thats a 3 lot 3k per week....adds up fast when you quit taking losing trades and when you do ,cut your losses quick, you can always get back in,you want the trades like this morning where it goes your way and you ride it,only ride the winners
 
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