Trading TF - Rags to Riches

H

halfwaythere

"If you must play, decide upon three things at the start: the rules of the game, the stakes, and quitting time" Michael W. Covel

I will start trading the TF with my live account tomorrow (10/3/12) with 1 contract. Starting capital, $5000.

2 trades max a day - 8AM-10AM

Profit stop 2.5pts (+/-)
Stop loss 1 point.

Feeling great and very self confident. I will not get angry if my trades go against me JUST as long as I followed my trading strategy.

Jacking the quote from "Deep Thoughts"

"I focus entirely on remaining out of the market. I trade by exception only."

Off to get some sleep after a badass workout, I'll see you all tomorrow morning :)
 
Quote from pma:

Good luck-see you in the trenches :)
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Don't forget the whiskey

Quote from Handle123:

I actually run this one each Monday morning, it is funny, but if you read between the lines, almost all can be applied to trading. Emotions, others trying to take what is yours if you are not careful.

http://www.youtube.com/watch?v=MJzwe7Gi99Y
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Haha, that is a good one, thanks for that!

Well, I took 1 trade this morning - the "live" jitters were a bit shaky at first, as expected. But starting small helps tremendously.

1 point stop loss was hit, I followed my strategy and was very disciplined this morning - so I'm quite happy overall with my performance.

See you all tomorrow
 
Goodmorning fockers.

A bit rambunctious this morning - missed a beautiful 5 point run that I SHOULD have taken but instead hesitated. The reason being... the SAME setup kicked my butt yesterday!

But you know what?

Never beat yourself up for missing a trade; you'll be irrational for the next one. Object analysis is good. Make a note, Move on.
 
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