This sounds like a good idea, I like your point of how analyzing all of these numbers allows you to take a look at the bigger picture of things...
Currently using Open Ecry as a simulator.
I got worked again today, Im going back to the simulator until I begin to trade better. Trade #1 Short @ 1130.75, cover @ 1133.00 -2.25 pts...
Today's chart.
Today I breached my discipline again and it shows in my profit/loss. Trade #1 Short @ 1142.75, cover @ 1140.00 + 2.75 pts 11:21: This trade...
chart for 1-27-04
Trades for 1-27-04 Today I only did one trade, but I was disciplined and did not get suckered into trading the chop. Trade #1: Long @...
I Watched the market today, but got no signals. I Did a good job of sitting on my hands and staying out of a market that ate the shorts alive....
I use 15 as the step parameter.
I did an analysis of my trades over the weekend like I said I would. I printed out every chart I have traded, plotted the pivots (more on this...
I would say it goes as follows: Trade #1: Executed the plan, placed profit target order, profit target reached but did not get filled, got out...
Today I made some good entries that is for sure, but things just didn't seem to go correctly when it came to exit time. The good news is I stayed...
This sums it up for me, you should know what you are going to do in any circumstance before the circumstance occurs, thereby eliminating emotion....
Today I proved to myself that I can trade with discipline. Now it's just a matter of staying out of the chop, which I believe I may have figured...
I only trade the last three hours of the session. All times are westcoast based, so add three hours.
When I execute my trades correctly and stick to my plan, the trades come out in my favor. You are correct though, the core of the methodology...
My head was somewhere else today, the worst part of it all is that there were real profit opportunities for me today, however my trading failed...
Great stuff Awash, here is where all of your practice will pay off, literally !!!
Was not able to trade today, looks like I did not miss too much as far as action goes. Will resume trading tomorrow.
JohnM4402, No offense taken, you are definetly posting a legitmate question here. While I certainly broke one of my rules on Friday trading, I...
Separate names with a comma.