ES Journal Archive (2006 - 2008)

Discussion in 'Journals' started by Buy1Sell2, Mar 2, 2006.

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  1. more red coming as key support points broken and another leg down. be careful out there if you are long or trying to get long.
     
    #18151     Aug 28, 2007
  2. wait until about 9 in the morning and see what it gives you....
     
    #18152     Aug 28, 2007
  3. trading correctly is not gambling....not even a big risk...
     
    #18153     Aug 28, 2007

  4. As always, your message is soothing to my ears. In days like this one learns who has a soul and who is the devil on ET. I appreciate your kind words and concern. I just went over my trading for TUE and was able to pinpoint my mistakes. One was greed. I was in a position to make 1K at 2 PM instead miscalculated, got greedy and was hit hard by the effects of the minutes. Lesson learned and paid for.


    It is almost midnight and I still cannot calm down. :( Time tohave that last cig. make it two.

    I guess it is a good thing that I do not drink.

    Once again, thank you for the positive message.
     
    #18154     Aug 28, 2007
  5. volente_00

    volente_00





    :confused:
     
    #18155     Aug 28, 2007

  6. I guess in your opinion we are heading lower WED?
     
    #18156     Aug 29, 2007
  7. forget times...intraday traders that means day begins at 9 then forget times.........your 10:30 and all......most turns occur on hour an d1/2 hr...forget times...trading day begins at 9......that is 5 yr goodie........
     
    #18157     Aug 29, 2007
  8. 9:00 oclock until 3:00 oclock is fair game..emini's intraday..all signals in that time frame......proven by the man and his money....big money
     
    #18158     Aug 29, 2007
  9. oi Saxxon,

    its always best to move on to the next trade, when a trade lingers it cripples you, and further R:R can't be attempted since your tied up in the current trade.

    its the hardest thing to give up, hopes and dreams, set a predefined amount from now, and if it hits it, it will prevent further bleeding.

    ES can move up or down, but your current psychology is what is worth saving, not the trade.


    Chris
     
    #18159     Aug 29, 2007
  10. I pinpoint my mistakes every day. I keep a journal, and I analyze every trade. It is the best way I know to get better. There is always room for improvement.

    Lessons in this business usually do not come cheap, but they can grow into great long term investments. Look at losses--and it is a loss, not just a "paper" loss- as tuition. Everyone who trades--and not just talks like they trade but don't--pays it.

    There are no scholarship players in THIS game!
     
    #18160     Aug 29, 2007
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