Aaah, don't know about taking some off my pie man. I think you'll be biting granite there... Never mind though, today wasn't that fine at all. Actually, very un-fine. I'm a bit frustrated now. I just had a week's holiday last week, yet had two breakeven days in a row (yesterday & today). I'm a bit too stressed for everything in the moment it seems. I'm now seriously thinking about taking next week off as well and flying to Bali for a holiday. No laptop, either. No books, either. No cheating. Just sun, and peace... Right now, I'll still have to do the daily post-mortem chore though... Hours of wading through my exec logs, printing & marking charts etc...
Whats there to investigate? You where trying to catch a bottom when there was none. You where trying to catch a falling knife - Spare your hands and don't do it again. TM Trader
I guess Scientist is pretty bullish since he's trying to buy bottoms. I'm quite the opposite...I try to sell the Tops Regardless, he makes more in trading than I do so he must be doing something right -Fast
I don't care about tops or bottoms, I only care about the direction an instrument is more likely to go next. TM Trader
By "next", do you mean the immediate direction? Or do you focus on longer time frames like the 5-min chart? -Fast
Most of my trades are scalps of the 1 minute. I will hold for a few seconds to a few minutes. Every now and then I will try to catch a trend reversal and ride it. TM Trader
January 27th (Tuesday) Total trades: 2 (All Shorts) 2 Winners, 0 Losers 8:32 AM - Short 1 ES 1152.75 8:37 AM - Cover 1 ES 1152.25 Result: +0.50 8:47 AM - Short 1 ES 1153.50 8:48 AM - Cover 1 ES 1153.00 Result: +0.50 Notes: Had to leave the PC. Overall: ES: +1.00 Not much time to trade today thanks to the beautiful Chicago weather. Normally, the commute to my office takes maybe
Morning was pretty shitty. Up maybe 0.5ES pt. I'll have some questions on my trades after I post them in the evening. -Fast