>"But in every losing streak I will doubt myself, as the question of whether I am as good as advertised haunts me"
Cast away all doubts....you are absolutely terrific..lol!
Cast away all doubts....you are absolutely terrific..lol!
January Trading Journals
- Thread starter Hitman
- Start date
give the kid a break!Hitman,
You don't need advice from another person on this board, that's for sure, but for what it's worth here I go. I don't understand how you trade, but I'm starting to understand where you're going with this bad start to the new year. So regardless of your trading style, I think you're outsmarting yourself and overcomplicating everything. I think you need to step back, clear your head, and step back in fresh. That doesn't mean that you need to take a day off from trading but just that you need to eliminate the itchy trigger finger. It seems that you are overtrading, and that's a bad thing when you aren't hitting your shots. Also, I think this management position you've taken on is hurting you a bit also.
Good Luck.
You don't need advice from another person on this board, that's for sure, but for what it's worth here I go. I don't understand how you trade, but I'm starting to understand where you're going with this bad start to the new year. So regardless of your trading style, I think you're outsmarting yourself and overcomplicating everything. I think you need to step back, clear your head, and step back in fresh. That doesn't mean that you need to take a day off from trading but just that you need to eliminate the itchy trigger finger. It seems that you are overtrading, and that's a bad thing when you aren't hitting your shots. Also, I think this management position you've taken on is hurting you a bit also.
Good Luck.
Hitman ,
What is a losing streak ? Do you have a strategy that has a positive bias (edge)?
IMHO Losing streak = winning streak = paying my gas bill = getting paid at the end of the week at Mc Donalds =Probabilities =Nothing.
You see nobody ( at a regular job ) says they are going through a losing streak after not getting paid after 4 days work , assuming they get paid bi-weekly , even though they are putting gas in their cars to work and paying other bills e.t.c . That is why i ask , do you have a strategy that has a positive bias ? if you do , you will get paid at the end of the week.
What is a losing streak ? Do you have a strategy that has a positive bias (edge)?
IMHO Losing streak = winning streak = paying my gas bill = getting paid at the end of the week at Mc Donalds =Probabilities =Nothing.
You see nobody ( at a regular job ) says they are going through a losing streak after not getting paid after 4 days work , assuming they get paid bi-weekly , even though they are putting gas in their cars to work and paying other bills e.t.c . That is why i ask , do you have a strategy that has a positive bias ? if you do , you will get paid at the end of the week.
Time Order Details Status Reason Order ID
9:51 SellShort 200 JNPR at 20.27 on ISLD (200 traded @ 20.2700) Executed
9:51 Sold Short 200 JNPR at 20.27 with ISLDA (--00) Completed
9:52 Buy 200 JNPR at Stop: 20.50 Deleted Clerk Rejected (CancelledByUser) CancelledByUser
11:15 Cancel order sent to exchange Sent Cancel All
11:15 Buy 200 JNPR at 19.90 Deleted Killed (User requested cancel) User requested cancel
11:16 Cancel order sent to exchange Sent Cancel All
11:16 Order killed by the exchange for reason: User requested cancel Completed
11:16 Buy 200 JNPR at 19.90 on ISLD (200 traded @ 19.8890) Executed
11:16 Bought 200 JNPR at 19.889 with ISLDR (--00) Completed
Hitman-
I hope you don't mind me posting this here...I wanted to share a basic pattern that I use for scalps...sometimes called a dark cloud cover candle..it's on a 5min chart...and I place the stop just above the candle close(i'll try to post the chart) this is something I've been trying for the last month and it's working well...I generally look to stay in the dir of the short term trend, have my target be roughly 2x my risk...right now I've been doing small size 'cause my acct is small until Feb. when that time comes, a trade like this would be 500-700 shares
any other feedback is welcome..
9:51 SellShort 200 JNPR at 20.27 on ISLD (200 traded @ 20.2700) Executed
9:51 Sold Short 200 JNPR at 20.27 with ISLDA (--00) Completed
9:52 Buy 200 JNPR at Stop: 20.50 Deleted Clerk Rejected (CancelledByUser) CancelledByUser
11:15 Cancel order sent to exchange Sent Cancel All
11:15 Buy 200 JNPR at 19.90 Deleted Killed (User requested cancel) User requested cancel
11:16 Cancel order sent to exchange Sent Cancel All
11:16 Order killed by the exchange for reason: User requested cancel Completed
11:16 Buy 200 JNPR at 19.90 on ISLD (200 traded @ 19.8890) Executed
11:16 Bought 200 JNPR at 19.889 with ISLDR (--00) Completed
Hitman-
I hope you don't mind me posting this here...I wanted to share a basic pattern that I use for scalps...sometimes called a dark cloud cover candle..it's on a 5min chart...and I place the stop just above the candle close(i'll try to post the chart) this is something I've been trying for the last month and it's working well...I generally look to stay in the dir of the short term trend, have my target be roughly 2x my risk...right now I've been doing small size 'cause my acct is small until Feb. when that time comes, a trade like this would be 500-700 shares
any other feedback is welcome..
ok I couldn't copy the chart from Realtick 'cause I forget how and just figured bigchart would be fine
eneted after dark cloud cover candle was complete(second blue candle from left) and put stop at that high....closed trade because it came very close to my target...and bids started showing up with increasing vol
like I said this just a basic pattern I've been using and I posted it for feedback from anyone
Thanks in advance.
Uptick
eneted after dark cloud cover candle was complete(second blue candle from left) and put stop at that high....closed trade because it came very close to my target...and bids started showing up with increasing vol
like I said this just a basic pattern I've been using and I posted it for feedback from anyone
Thanks in advance.
Uptick
qwik,
Why you talking about Chinese men?? They are very sensitive species and you crossed them, they will put a hex on not only you but your family and you ancestors, going back 18 generations!! sorta like Voodoo!!! So don't piss Hitman off!!! lol.
I really missed posting here, all the comments from THE KOOL people, it is just that a few rotten apples had ruined it for me and I can't get that after taste from my mouth. aikkk.
I am just wondering if there is a way to stop a certain people from posting on your thread?? Let me know if there is such a method.
Why you talking about Chinese men?? They are very sensitive species and you crossed them, they will put a hex on not only you but your family and you ancestors, going back 18 generations!! sorta like Voodoo!!! So don't piss Hitman off!!! lol.
I really missed posting here, all the comments from THE KOOL people, it is just that a few rotten apples had ruined it for me and I can't get that after taste from my mouth. aikkk.
I am just wondering if there is a way to stop a certain people from posting on your thread?? Let me know if there is such a method.