Great observation, Its taken me a long time to get to this point.. in the past I would stalk a trade and wait for my entry.. but it wouldn't come and the market would start to move in my direction so I'd jump on.. and usually get killed.. Now if I miss an entry I let it go and wait for the next.. I always say to myself there are greener pastures to come you just have to wait for them.. PATIENCE, PATIENCE, PATIENCE..
I'm definitely taking Wednesday off. I might trade Thursday and Friday. Thanks for all the tips. -Fast
A 10:15 long would have worked out pretty good if you had someone around to tie you up so you couldn't cover it.
Dammit, rub salt into the wound! I was long, and covered for a +1.5 pt profit... And it went for 10! Most stupid trade in about 3 months.
Scientist, I know how you feel.. i was long NQ at 1494.50.. bailed at 1496.50.. as it was taking off.. What a wuss
Why would u be glad to take a day off where we have the biggest range of the week and the volume is huge. Its days like these that u are supposed to clean up and make your month for most traders. Whether u were trading pullbacks breakouts whatever everything was working because market had big momo. Only people that lost were people picking the tops. --MIKE
Thanks for sharing. - I think you guys are helping me to feel not quite as bad about my NQ 96 long with a 97.50 bailout..........hmmmm...let me think about it.....naw I still feel pretty bad about it....lol..nevermind. Carry on