Sim trading p&l 2009

I got back in today and was positive briefly, I'll try to hang on to that memory :)

Every day I learn some more and by the end of the day I could have traded the beginning of the day just fine.. but this learning thing has to end here soon or I'm going to go get a frigging job... oh, wait, there aren't any jobs.. ok, I love trading, I love trading...
 
If by specific plan you mean a set of variables that constitute an edge and a way to systematically capture profits then I totally agree .

I learned that trying to be like someone else and trade like them is a waste of time . Trying hundreds of different systems and edges has taught me that finding something that I can use the same way everyday and have the confidence to trust that way of trading is the first step to success .

For me , finding areas that price is likely to react to and then place my trades there then having them work pretty well gives me more confidence to place live trades .
 
$(44.78)

Some up, some down. Taking the VXX trade to hedge my longs worked in my favor. Got out before last half hour of trading though and it looks like if I had held to close to end I would have come out positive for the day.
 

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Quote from patmanfever:

Told you it was a bullish reversal for your equity curve :D
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you called it!
But that's now 2 decent updays for me in a row.....equity curve will be looking a little overbought so I am expecting a pullback.....:eek:
 
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