Trading on "Instynct" (NQ)

Discussion in 'Journals' started by Instynct, Nov 12, 2010.

  1. out 4.25

    L 4,25
     
    #1921     Feb 24, 2011
  2. out 6.25
     
    #1922     Feb 24, 2011
  3. S 7.00
     
    #1923     Feb 24, 2011
  4. what a cluster phuk this has been today.. should have went fishin
     
    #1924     Feb 24, 2011
  5. Fustrating day, Price action was just all over the place today.
     
    #1925     Feb 24, 2011
  6. Made every mistake in the book today. Nailed it down to ego. Gotta get a hold on that animal.
     
    #1926     Feb 24, 2011
  7. yawn...........
     
    #1927     Feb 25, 2011
  8. Turned on my computer this morning and instantly I knew what I needed to do. Turned off scalping mode and went into swing mode. I have observed and made notes for these kind of days and everything lined up for a grinding "trend" day. The only major difference between my scalp and swing mode is how I trail my stop.

    First trade lasted 30 mins and I picked up 8.5 pts, saw as much as 12 pts on my Dom. Re-entered a couple times after that but scratched them for small losses. Switched back to scalp mode to protect profits and on the fourth trade nabbed 5.75 pts.

    Its hard to switch from scalp to swing mode, but this is the only way I know how to protect profits while trying to go for the larger move. As always, time and experience takes care of that.
     
    #1928     Feb 25, 2011
  9. Do you mind sharing your trade details , entry and exits , rather than just the summary ?

    Thanks and nice trading !
     
    #1929     Feb 25, 2011
  10. Sure, will post an annotated chart with my entries and exits plotted in a bit.
     
    #1930     Feb 25, 2011