S/R Emini Journal

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Hello everyone,

This thread is an excellent source of information. Thank you to 4re and everyone else involved.

I am new to the daytrading business (haven't traded yet) and have been scouring the web for info. This thread has provided more insight into the minds and plans of traders than I could have imagined.

I will be inheriting some equity/capital soon, and since it is unexpected and un-needed (based on my current standard of living) I am looking to get involved in day trading and perhaps eliminating the need for other income sources.

I would love to be able to work less than 40hr/week and be able to not work as inspired by other more appealing endeavors when so inclined.

I have considered many types of investment, but to me it seems that trading could suit my profile of abilities and goals more so than any others.

So for now, I am sitting back and watching/learning and hopefully soon I will be able to credibly partake in the discussions.

Anyway, glad to have stumbled upon this and please, keep it up!

Cheers,
Chris
 
Quote from 4re:

K-Rock,
You were right and I should have sat and watched today. Be back tomorrow.

4re

I was hoping you would prove me wrong. When the market is jumpy like today I try not to look at the DOM, because it makes me anxious.:(
 
I should have taken the day off. The jumpiness of the market got to me; therefore, I didn't trade the plan.:mad: I'm done for today.
 
+1

Traded like a buffoon today. Made good trades, got scared out. $%^$%^$&*!!!! :mad:

The fact that my paper trade account is up 50% in the last week is...uh...no consolation. :D

Quote from K-Rock:

I should have taken the day off. The jumpiness of the market got to me; therefore, I didn't trade the plan.:mad: I'm done for today.
 
ES is still the calm smooth market......today was and still is nice......if 4re says s/r bad ttoday for forum system i believe anything he says, but can say trend follower like me is impressed today with YM ES not looking at NQ....but all the same for a robust system................... stay positive and keep watching realtime charts as you have to get to a system that you have confidence in and i really hope 4re will lead you there as he progresses as well....
 
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