S/R Emini Journal

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Quote from riaamaan:

Most definitely true. I concur with all your points JJ. I consider you a valuable poster and am trying to learn from you as well as all the other seasoned traders here.

comment wasn't directed at you bro, but thanks!

i use this baby for self-talk more so than anything else.
 
Quote from riaamaan:

Just to give an idea of what this rookie is thinking....Short at 68.75 and concerned about the lateral movement here.

How did you come out on the trade. I hope you got your 2 points...
 
No, after it stumbled about, I took a .25 loss and walked. Got busy and missed the next opportunity. Usually my experience has been that a good trade will show it's face sooner rather than later. Not sure what your thoughts are on that.
 
I hopped in again at 68.25 short...saw a pennant formation on 15m and I associate that with a continuation pattern. Not 30 seconds later, it spiked up and busted me.

OK, I guess it was 90 seconds later. :(
 
Quote from riaamaan:

I hopped in again at 68.25 short...saw a pennant formation on 15m and I associate that with a continuation pattern. Not 30 seconds later, it spiked up and busted me.

OK, I guess it was 90 seconds later. :(

Don't trade anymore today. All the mo mo is gone from the market for today. It was mainly guys just not wanting to hold over the weekend. Wait until monday and we'll get some good traidng next week.
 
Quote from 4re:

Don't trade anymore today. All the mo mo is gone from the market for today. It was mainly guys just not wanting to hold over the weekend. Wait until monday and we'll get some good traidng next week.

Roger that. I've resorted to just trading one lots until I start to show some consistent gains.
 
Quote from JimmyJam:

comment wasn't directed at you bro, but thanks!

i use this baby for self-talk more so than anything else.

I realize that amigo....I just felt compelled to express some appreciation.
 
Quote from riaamaan:

Roger that. I've resorted to just trading one lots until I start to show some consistent gains.

Good deal, start slow and learn the whole process before going to large numbers
 
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