Hi Ozzy, Glad to see you are back I've been trading this whole past month as well and made great progress Come on irc and check out nihas free place
Hey c-web, While I don't mind visiting chat rooms I find they can be somewhat of a distraction. But with that being said, I'll drop in once in a while just to see what shaking. If you don't mind, can you PM the room names. Thanks
LOL. Nihaba reminds me of the soup nazi. "No more chat room for you!" But he is a good trader and runs a tight ship.
I don't exactly chat much in chat rooms, people would post up calls, it doesn't effect my trading but the funny thing is, if you go to a chat room which makes you continously post your trades, you tend to not make as much stupid mistakes because you'll look quite stupid posting up -negative profit calls 5 times in a roll. Sort of like a drill sergeant on your ass, so if I'm not sure of the trade, I simulate it, if I'm sure of the trade, I actually place it and post it to the channel. Works great, I love watching some of the other traders put up straight 5-10 consecutive wins, the scalpers like tltrader fft, jperl, good shit, it shows the difference between someone who knows what they are doint and someone who's swinging in the dark (sometims me ) Its amazing watching someone who say they can kick your ass, actually kick your ass in real time
Trading has resumed. I've settled down in Vancouver. I'm trading options for real and I've just started simulation trading on the ER2 once again. The plan is to trade real money on futures (ER2) in one month. To do that I need to avg 5.0 points /contract/day. Yesterday I had my first 10.0+ pt /contract day on the ER2. I missed today's open, woke up late 10:30 EST (I missed that giant move). But I'll see what I can salvage for the rest of the day. Peace ozzy
Midday Update. +3.7 points. Lunch is approaching not sure if we are going to have any major moves in the next hour or so. Goal for today is 5.0+.
Europe => Toronto => Vancouver P.S gave back most of my winnings. Broke a few rules again. Back to ground zero.
Ok Ended the day +0.9 points. Had a good morning, then had problems adjusting to the pace/speed in the afternoon. I was trying the same tricks I use in fast markets. On top of that I broke a few rules which cost me approximately 2-3 points. Things I need to work on. ** Getting up on time. I'm on the west coast and I've been having a bit of trouble waking up on time. ** Discipline. ** Following Rules ** Patience This one month journal will begin next week. My goal is to average 5 points /day/contract. ozzy