LOL, that is so true. I find it amazing that I take a trade, and I think it moves a little against me, and in reality I am down 1 to 1.5 pts., and I take a trade, and I think it moves alot in my direction, and I'm only up .75 of a point. The spread, only a tick, but really comes into play, if you are not taking it into consideration. Alphie, I'll be looking forward to your journal. H
Over the years, I have paid much more, and gotten much less. This has been the cheapest therapy I have ever had. 60 hours this week for little over $150. Next week, she pays me. Now ain't that cool. H
Not a good day, waffling between a new thing and an old thing, and got the worst of both. 8 trades, 2 wins, 5 loses, 1 b/e for -7.00 pts Net for the day: -388.40
I'm in pain watching this. H., you know where the market is going. You know how to read a 3 min bar chart. Your ME entry points are very good. Trade the ME points ONLY. If you get stopped out, re-enter. Why are you attracted to trading the chop after you missed a big move? DONT DO THAT. I used to get suckered in by a big downward move. I knew that the market would go back up. But I used to be driven to go long at the least stopping point (trading counter trend). Today I can look at a steeply declining market and not be interested in these false entry points at all. You must look at your ME entry points and know that is what to trade, not the other stuff.
Yeah Puffy, me too. Me too. Nitro, I believe he is talking about my ME or Missed Entries, that I have posted on previous charts. I did not post them on this chart. Gosh, if he was in pain, I'd have killed him with my ME's today. Gotta stick to my stops, and exits. That is what is killing me. And decide how I am going to re-enter the trend. My old way was whipsawing me to death on the 5 min chart, and my new way, well, I just ain't got it down yet. My biggest missed entry was around 900ish on the 9:50 bar.