In the first post of this thread I wrote that I would make decision by the end of April whether or not I would continue trading. I wanted to find...
Thanks Rice Rocket. Unfortunately commissions are not yet included with these results. My goal for this month was to simply figure out if I...
Today was similar to yesterday. Again the Dow wasn't moving much and there wasn't much follow through. This was the second slow day in a row and I...
Today the Dow trades in a small range which means that it is difficult to catch a trend. Therefore I decided to stop for the day after only 3...
Not much going on today so I decided to quit early and head into the week-end. Here are today's trades: Trade 1: -11 Trade 2: -10 Trade 3:...
Here are today's results. I may have over-traded for my standards but I'm satisfied with the overall result. This also means that I will be...
Thanks dubs, I know as a trader I have to keep my emotions in check, including overconfidence. But it is easier said than done. On several...
Hello everyone, Today started out well for me. Right after the open I went short for 21 points. Then I entered a couple of bad trades. Later in...
Good evening everyone, I took 6 trades today - all shorts. After the first 3 trades I got slightly overconfident and took 2 bad trades. All in...
Hello everyone, I could only trade during the first 2 hours after the opening today. Therefore I was âforcingâ trades instead of waiting...
Hi Indexscapler, thanks for your post and your encouragement. Unfortunately I do not have any experience trading any other indexes. However I...
I am happy to report my best daily result for the last 2 weeks. Today I managed to take out 34 points which also means that I'm profitable for the...
Dubs, I agree that it's difficult to become a profitable trader if you have a risk/reward ratio of 1:1. In that case you are putting yourself...
Extremely disappointing day for me as I gave away 3 days of gains today. One of my main trading rules is not to trade the news. Today I didn't...
dubs07, thanks for reviewing tuesday's trades. I know I should have been more careful with the first one because it was counter trend. I guess...
I took 5 trades today. I was very pleased with the first 2 but then somehow I lost my focus. Trade 1: Long position during this morning's...
I won't enter a trade if I don't see potential for at least 15 -20 points. I don't have a standard sized target but generally set my targets...
for trading definitely the 1 minute chart
Hi dubs07, When trading I generally use the 1 minute chart. When looking for setups or trying to understand the "bigger picture" I also look at...
Hi krolyk55, you call your thread "Rookie Trader Journal". I personally don't think a "rookie" should trade 16 contracts at the same time until...
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