it's time!!!

Mrs. Shorty,

It is not a question of right or wrong, if you have a trading plan (which you should) and did not get any setup's that you should have acted upon, then you took the appropriate position, which was flat.

I went long 1 ES at 10:01 at 857.75 when it was 2 pts. in my favor I brought my STP to breakeven + .25 at 10:39 the market came back down to my entry and stopped me out.

Was I wrong?

I don't think so, I got my entry signal, I pulled the trigger, I had my STP in place and I got stopped out. That's what trading is all about.

Where I went wrong was at 10:49 on a 233 tick chart their was divergence on stochs and CCI, I should have reentered but had not mentally let go of the prior trade.

best of luck,

Bruce Hawkins
 
Quote from Tonkadad:


Where I went wrong was at 10:49 on a 233 tick chart their was divergence on stochs and CCI, I should have reentered but had not mentally let go of the prior trade.

Mental blockages can be tough at times, especially for discretionary trading, when you trade mechanically, it's a bit easier, I think.
 
Quote from SHORTY:

This is not Shorty but Shorty's wife. I'm fairly new to day trading. My husband says there are a lot of talented traders on this site so I was wondering if you could answer a question for me. Today when the market gapped down and failed to do much of anything after the open was I wrong in not making any trades? Even though by 10:45 the Market double bottomed I wasn't convinced the market was going up because it still appeared to me, at least at that point, that the market was still possibly in decline. Could someone please tell me if I am wrong? Thanks:)

Ms. Shorty,

I know a nice little blues bar in Venice Beach. How 'bout we get together and kick around some ideas over a few martoonis?

dog:p :eek: :cool:
 
Quote from GreenDog:



Ms. Shorty,

I know a nice little blues bar in Venice Beach. How 'bout we get together and kick around some ideas over a few martoonis?

dog:p :eek: :cool:

Sorry, she's going out with bud fox :eek:
 
Quote from GeeTO69:



Sorry, she's going out with bud fox :eek:

you can't handle a girl like Darien Shorty -- and you're certainly not going to pick her up in your '69 GTO!

enough idle banter!

green dog, over and out!
 
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