I did it!!! I made another trade when I was sitting on a nice profit from earlier. I have a terrible time pulling the trigger when Im sitting on a nice gain. I told myself that I am going to take the next point three or bounce off that RTL come hell or high water so I puckered up my ahole and pulled the trigger fully expecting it to reverse immediately on me but it did just what it was supposed to do. My best day in quite awhile. I hope this is the beginning of the end of this problem I have. Im just glad it worked because if it had failed I probably would have went right back in my shell again. I feel sorry for the 401k's but Im loving this volatility.
Thanks. I got a bit carried away I think but I posted this as I suspect some others have the same problem. Its a common ailment and pretty hard to overcome once you get it. I dont think Im ready for kegs yet tho. Looks like we are getting a squeeze.
It is the beginning of the end. Nicely done. Congrats on an excellent trade. To everyone else who has started to 'see' some nice profits after all their own hard work, fantastic job to you all. - Spydertrader
THis was not at me but I will answer my own experience. I had 3.75 points by 11:15 Am or so and decided to stop because I always workout at lunch. SO I was out completely and have no problem stopping when I am up to do something I enjoy. Of course as a result I missed the FTT which lead to a breakout of about 10 points between 11:30 and 12:00 but I got out in nice weather. somtimes it is not a bad thing to step away, especially if you already have some profits. If 3.75 points is all I can average a day, I will not mind lol...
Exactly! We miss one trade, who cares. As long as you know that you can trade them. If all you pull out in a day is 2 points, at 10-20 contracts, you begin to put emphasis on enjoying life instead of being worried about bringing home the bacon... All this 3x bickering is not important. Some people proceed to becoming Kobe or MJ. Some don't mind being an NCAA rookie. As long as you can play the game and score some points consitently, you pass the test. You take it as far as you want to take it...
Mak, what did you think of my query and spread sheet maintenence idea for your Vol / Vol Matrix... cj...