In your case, the strategy is the problem. Put as many hours as I put watching price, you'll see that there is order in the chaos. Find what works for you. I don;t understand how can you be fundamentally correct and technically wrong??? Can you elaborate more on this?
End of the day: Took 9 trades, two of them were rally not valid trades, missed that would have made a difference. Come back to green after a last trade. $101 for the day trading only one contract. Here is the chart and blotter:
No trades so far. I made one overnight trade Short 1310.25 stopped out at 1312.5. The ranges contracting, so I'll be trading most likely 2 contracts with 1.5 stop.
You have been running an open journal here for several days. Do you think that this is the best way to dramatically improve your results and put you on the road to riches
Do you think that by posting your trades in this open journal you are choosing the best road to success. For instance, after 5 dedicated years of study, you have sufficient knowledge to trade, whether you realise it or not. It appears from your posts that the knowledge is not properly organized within your mind and is being hindered from working for you... most probably be you. This probably puts you amongst your peers, which could add to your confusion. If this is your case, why not sit down in a quiet corner and sort it out yourself ... you have the capacity to do this... all you need is the burning desire
What you saying makes a lot of sense. Sometimes you need feedback or at least listening ears, so that you can organize your knowledge as you say. Ti grasp a subject of study, the best way is to make a presentation, it is a little bit like that. I think I need to find trader around, to chat. The level of the trader is not important, if I could find a beginning trader or a struggling one like me it would really be great. I think I'm going for hunting!! Any ES traders around NYC????? BTW: for today I made $225. Two trades Long 2 cont at 1328 out 1330.25. Another trade Long 1330.25 stopped at 1330.5
Congrats on yesterday's trading. If you feel that you are not ready to trade a live account, then why not ask yourself this question. "Specifically, what must I do in order to trade live" Write a work list of the tasks and work quickly through them and commence trading. Anything that cannot be specifically written as a task is to be discarded.