Quote from 4re:
Did you not see my earlier post? I was getting the feeling that they were not respecting yesterdays high as resistance since it went up .50 during the night. I will go long at 1360.

Discipline is the watch word. I wish I was better at it. Wishing won't get it done. I have a proven system that is right about 55% of the time and profits are bigger than losses. My system is break even at about 43%. I've been in a tweaking mode for the last month and it's cost me. Gotta' get back to basics...slow and methodical profits. It ain't pretty, but it's a damn sight better than sustaining losses, especially when I know I'm breaking my own trading rules.Quote from TraderTwink:
Well I'm 0-2 this morning, but the good news is the discipline is rock solid, so good lesson learned from yesterday. Every system results in loses.![]()
Don't know if I will be in anything else today, but I will be keeping my eye on it.
As for confidence, I don't really have confidence in any of my trades. Hopefully, the market will, over time, show that they work more often than they fail. Of course that can only happen, if I have the discipline to stick to the strategy.![]()
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