Did you go to med school too, or do you just watch lots of Scrubs episodes? Either way Spyder, your teaching methods are awesome!!! Thanks. BTW I dicked up the the format on the last quote I sent so I thought I would try one more......
Trades for today - Short 3 and 4 I had no idea why I took them. DISCIPLINE ! Short 1 +.50 Entry Break of Pt3 bar low Exit Break of RTL Short 2 -1.25 Entry FBO of RTL Exit Break of RTL Short 3 -3 Entry BO of Long RTL Exit Rising Green PRV and BO of Short RTL Reverse Long 1 -.75 Entry Rising Green PRV. BO of SHort RTL. Fanned Pt 3 ( lime green ) Exit - THought I saw a ftt 2 bars ago. Going to get out and watch for more clues. Short 4 -1 ENtry - Not sure why I did this Exit - Why the heck did I enter ? Short 5 + 4.75 Entry Oserver FTT on ES and YM Exit - lunch time. Long 2 + 2.25 Entry Pt 3 Plus I just annoted Inc Gren PRV on the YM Chart Exit - Green Volume waning near LTL. Felt that we are in a retrae of a retrace. Short 6 + 2 Inc Red PRV on ES and YM. ES at Long RTL Exit on RED Volume surge
While I do enjoy watching the show Scrubs, believe it or not, I actually taught (back in the late 1980's - early 1990's) surgeons (in the Operating Room) how to use an experimental artificial skin (for skin grafts) to speed the recovery time, reduce morbidity and reduce mortality for burn patients. While I didn't invent "See One. Do One. Teach One." I have seen first hand the effectiveness of the paradigm. - Spydertrader
You ended the day to the plus side - a good thing. However, you need to improve your debriefing skills. You should find the words "I have no idea why I did [this thing]" abhorrent - and unacceptable as an answer. If one cannot understand why one decided to take action, then one should not take action. Furthermore, how can one hope to improve if one does not understand why a trader generated an error. I encourage everyone to take notes (either written or audio / video recordings) of their thoughts. In such a fashion, one can then avoid hearing themselves say, "I dunno' why I didn't follow my own rule set." Again, nice job on ending the day positive. - Spydertrader
My M-A-D while watching the recorded replay of the day is fantastic. Now, if I can learn to apply the zoom in / zoom out focus coupled with the calm disposition I display during the play back, I'm freakin golden .
afternoon trades. channels and gaussians are on the 5 min chart this is the 2 min. It was tale of 2 days in one. http://charts.dacharts.com/2007-12-17/mon pm.png the afternoon was a very uncommon expeience for me. hope it wasnt a one time wonder.