Dug myself a hole this morning and spent the whole day trying to get out. Sucks because I picked up a couple of nice moves that would've made my day, instead it was spent recovering my losses.
OK i finally clued in. you guys are posting PnL's in $$'s. Not enough patience but did make a nice trade to close out the day. Net zero pts though.
it's funny being down for the day we have a tendency to take every set up, every damn one of em LOL. I typed this message out with my new htc evo design 4g phone using voice to text so it looks like I'v caught up with technology for the time being.
Ok, a loss one day I can accept. Tired, unfocused, market not conducive to your style... etc, I've accounted for those things to this trading business and understand all the risk involved. But 2 losing days in a row means something is wrong with the trader, especially on a wildly volatile and potentially profitable day as today. Taking it easy for the rest of the week and possibly for the rest of the year. Sorry for the rant, but here's the good, bad and ugly of trading on full display. Bmw, nice job man.
Insynct, about all i can offer for advice is get some exercise. Other than that you know how to trade and will recover fine. I kept a short bias too long in the morning and missed some trades long and short.
You are perceiving today correctly. It was a perfect futures trading day. I just glanced at the NQ for 90 seconds and saw great set-up around 2325; was ready to hit "sell" but had too many options positions to monitor AMZN, TQQQ, GS etc., that I traded 2-3xs in and out. Traded to 2305, I think, right after that... and then think it rallied big near EOD just like TQQQ... then sold off again. Take a break... works wonders