IncreaseNow's "Sell/Short" Futures Journal

Inc,

Never overtrade. If you have 2 losses then quit for the day. You will just add more losses as you are not disciplined enough at this time in your trading. You say you lost $348. Can you break it down? eg. 3 losses of $100, 1 of $48.

Please post the YM lost as we may be able to help you. Most people trade the indices so people will have an opinion that may help you.

Good Luck,

Snow
 
Quote from NoDoji:

I learned that the less I trade, the better I do, and so I now wait very patiently for setups that make sense.
More...
this is exactly where I want to be...really is taking more of a 'business' approach to trading...more strategic...honestly, the first trade (which was a loss) was a Soybean trade that 'I jumped in on' after I knew I should...was trying to 'catch it'...very wrong...thanks for your encouragement
 
Quote from Snowman75:

Inc,

Never overtrade. If you have 2 losses then quit for the day. You will just add more losses as you are not disciplined enough at this time in your trading. You say you lost $348. Can you break it down? eg. 3 losses of $100, 1 of $48.

Please post the YM lost as we may be able to help you. Most people trade the indices so people will have an opinion that may help you.

Good Luck,

Snow
More...
Snow...I cannot post the YM trades as my trading platform recycles overnight...but...it was when it was hitting the 11600 mark...should have noticed this as more resistance and not 'gone long'...my first lossing trade was initially like $80 or so in soybeans...trying to catch it too late...thanks for your encouragement also...INow
 
Dude, come on now. This is shameful.

:p

This is why you lose all the time, no focus.

Quote from increasenow:


currently on trading 'radar'...

Soybeans
miniDow..................................


currently on the trading platform radar:

YM
Corn
Sugar
More...
 
Quote from Fireplace:

Dude, come on now. This is shameful.

:p
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it's shameful if I quit and give up...at least I am honestly trying...trust me, I will get in 'the zone' and all you will hear is 'the same contract being traded over and over'...trust me, my 'trading zone' is coming...soon..I'll get there...trust me...
 
For your sake, you better hope so. Unless you have unlimited funds, you are going to run out before you get 'in the zone'

Quote from increasenow:

it's shameful if I quit and give up...at least I am honestly trying...trust me, I will get in 'the zone' and all you will hear is 'the same contract being traded over and over'...trust me, my 'trading zone' is coming...soon..I'll get there...trust me...
More...
 
Quote from olias:

what happened to Soybeans?
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got ripped to pieces on it yesterday and thinking probably better to stay with Corn as has lower volatility and high-low range...better to 'get winning' on some contract...
 
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