The lack of pace is what kills me. It disguises price and I start doubting price and what it's capable of. This is one of my many weaknesses. If you look at my exit (04), thats the price I would be buying. That is a classic wholesale entry for me - vwap, trendline support, ema.. yet I hemmed and hawed and let it go without even looking at those levels. I hope whoever is reading this journal is seeing my mistakes and making alot of dough. You know the saying, something to the effect of.. your smart if you learn from your mistakes, but you are brilliant if you learn from others' mistakes ha.
Hey Killer. No, I go for multiple points if I can. I saw some adverse info and I'm a little leary of the upside in this market (bias, I know). Would be happier looking for shorts.
Early afternoon can be nasty. easy to get in too early. Maybe giving your trades more room but picking only the best is the way? This would also allow you more time to process your info and assess the odds. As killer said, a couple of decent moves a day and you're there. Forget the scalps.
Right. And when you do scalp don't forget that it's supposed to be a scalp. Take the quick point! (Inst, not saying this to you, just saying )