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Search: Posts Made By: plethora
Forum: Trading Journals March 5th, 2011, 02:57 PM
Replies: 122
Views: 27,148
Posted By plethora
Haha. Are you talking to me, metal, or someone...

Haha. Are you talking to me, metal, or someone else on this thread? Isn't that the equivalent of what we do on destructive, revenge trading days. :sarcastic:

Even though I have no intention of...
Forum: Trading Journals March 5th, 2011, 02:45 PM
Replies: 122
Views: 27,148
Posted By plethora
Mike, you should write a book about trading in...

Mike, you should write a book about trading in your characteristic informed but informal, warm, and experienced tone and style. This blog has been preparing you. Have you begun or completed the...
Forum: Trading Journals March 5th, 2011, 01:39 PM
Replies: 122
Views: 27,148
Posted By plethora
Just reread that first exercise and it says take...

Just reread that first exercise and it says take market positions not limit orders. I will take both and I will be in the market all day.

1. Try being in the market ALL DAY. If you are not long...
Forum: Trading Journals March 5th, 2011, 01:36 PM
Replies: 122
Views: 27,148
Posted By plethora
Thanks, Mike. I'm not as unhappy as I might...

Thanks, Mike.

I'm not as unhappy as I might come across, or if I am fooling myself, and really am, I'm not unhappy about my unhappiness. Why? This journaling process is so helpful. It gives me...
Forum: Trading Journals March 5th, 2011, 01:03 PM
Replies: 122
Views: 27,148
Posted By plethora
Daily Trading Exercises for Next Week

Monday will be fun. I'll do Exercise #1 and be in the market all day in either a short or long position. Haha. That will limber me up. Talk about talking swings out in the field. And I'll stick...
Forum: Trading Journals March 5th, 2011, 12:01 PM
Replies: 122
Views: 27,148
Posted By plethora
Big Mike gave me good advice the other day when...

Big Mike gave me good advice the other day when he said to use the Sim to learn to trade instead of to make virtual money. I'm so wrapped up in my fake profits and trying to be perfect that I...
Forum: Trading Journals March 5th, 2011, 05:30 AM
Replies: 122
Views: 27,148
Posted By plethora
Well the day felt like a failure and the desire...

Well the day felt like a failure and the desire for an automated trading system an illusion to eliminate emotion from my trading. But my take on the day is different now.

Today I didn't take any...
Forum: Trading Journals March 4th, 2011, 05:39 AM
Replies: 122
Views: 27,148
Posted By plethora
I've revisited the rules of my automated strategy...

I've revisited the rules of my automated strategy and by changing the timeframe from 5-minutes to 30, I can simplify the system even more and don't have to worry about chop. I can also do away with...
Forum: Trading Journals March 4th, 2011, 04:28 AM
Replies: 122
Views: 27,148
Posted By plethora
Much appreciation for your thoughts about the...

Much appreciation for your thoughts about the minefields I can stumble into. I kind of intuited that I could fall into the trap you describe and for this reason have limited the entire strategy to...
Forum: Trading Journals March 3rd, 2011, 11:59 PM
Replies: 122
Views: 27,148
Posted By plethora
Thank you, thatguy and Big Mike-- Your posts...

Thank you, thatguy and Big Mike--

Your posts were unexpected and immensely helpful.

Three losing trades in a row are as much as I should stomach, because any more, and I begin to revenge trade,...
Forum: Trading Journals March 2nd, 2011, 10:27 PM
Replies: 122
Views: 27,148
Posted By plethora
Fortunate for you to be multi-lingual. ...

Fortunate for you to be multi-lingual.

Thanks for bringing up the programming subject with Tundi;
I would have been too shy.
Forum: Trading Journals March 2nd, 2011, 10:05 PM
Replies: 122
Views: 27,148
Posted By plethora
Oh, sorry, I misunderstood when I read this post....

Oh, sorry, I misunderstood when I read this post. No problem. Just trying to be courteous.
Forum: Trading Journals March 2nd, 2011, 09:47 PM
Replies: 122
Views: 27,148
Posted By plethora
Hey omaha, you live in nocal or socal? Want to...

Hey omaha, you live in nocal or socal?
Want to get MWinfrey's system automated? :sarcastic:
We can split the fees?
Forum: Trading Journals March 2nd, 2011, 09:43 PM
Replies: 122
Views: 27,148
Posted By plethora
I'm not omaha but I'm PM'g you, too, Tundi....

I'm not omaha but I'm PM'g you, too, Tundi. Thanks. :sarcastic:
Forum: Trading Journals March 2nd, 2011, 08:58 PM
Replies: 122
Views: 27,148
Posted By plethora
Haha. That rule is music to my ears. But may I...

Haha. That rule is music to my ears. But may I ask you one question, thatguy? Is there any point at which I stop trading after a specific number of losses? Or do I forget that rule too and just...
Forum: Trading Journals March 2nd, 2011, 08:14 PM
Replies: 122
Views: 27,148
Posted By plethora
Day #2: March 2, 2011

NEW RULE:

Three trades a day. That's right. This will teach me discipline if nothing else does. I better make them count.

I'm going to make this really simple for myself: 2nd rule is the SMA...
Forum: Trading Journals March 2nd, 2011, 07:09 PM
Replies: 122
Views: 27,148
Posted By plethora
Day #2: March 2, 2011

The Bad:

Brutal day! Six trades, six losses. About $1,700 virtual money down the tubes. If I were trading live, this would be considered a good day. I lost a bit more than everything I made...
Forum: Trading Journals March 1st, 2011, 08:54 PM
Replies: 122
Views: 27,148
Posted By plethora
Omaha, I thought I was an Elite Member! Perhaps...

Omaha, I thought I was an Elite Member!
Perhaps my membership expired.
But I never received a notice, at least
not that I remember.
How often should membership be renewed?
Thanks.
Forum: Trading Journals March 1st, 2011, 07:42 PM
Replies: 122
Views: 27,148
Posted By plethora
Day #1: March 1st, 2011

8 trades today (all long) on the TOS Sim, each 2 contracts
5 CL; 3 6E
7 Winners: 87 ticks
1 Loser (6E): -15 ticks
1 B/E: 1 tick
Net Profit: +73...
Forum: Trading Journals March 1st, 2011, 12:15 AM
Replies: 122
Views: 27,148
Posted By plethora
Well we live near each other. In fact, I made a...

Well we live near each other. In fact, I made a pilgrimage to your area the other day, so maybe we can have coffee together some time when I'm moving around again.
Forum: Trading Journals February 28th, 2011, 11:44 PM
Replies: 122
Views: 27,148
Posted By plethora
You're kidding me, right? LOL. I'd give...

You're kidding me, right? LOL. I'd give anything to understand enough to put together and operate a system like yours.
But thanks for your kind words. Your thoughts are generous.
Forum: Trading Journals February 28th, 2011, 11:21 PM
Replies: 122
Views: 27,148
Posted By plethora
I'm making some adjustments to my trading plan. ...

I'm making some adjustments to my trading plan.

Time Frame: 5 Minutes

Indicators:
1- Heiken Ashi Candlesticks
2- SMA (50)
3- SMA (21)
4- SMA (8)
5- Slow Stochastics
Forum: Trading Journals February 28th, 2011, 11:00 PM
Replies: 122
Views: 27,148
Posted By plethora
Linds, Thanks. I set up a simple ATM on TOS...

Linds, Thanks.

I set up a simple ATM on TOS today: 20-tick PT and 15-tick stop. I don't let all the trades run the full course. If something goes awry I try to get out. Other times I'm a deer...
Forum: Trading Journals February 27th, 2011, 04:41 PM
Replies: 122
Views: 27,148
Posted By plethora
Big Mike’s March Journal Contest inspired me to...

Big Mike’s March Journal Contest inspired me to return to my journal.

I am able to trade only on a laptop in a reclining position due to a back injury that is healing slowly. I had to abandon...
Forum: Trading Journals February 25th, 2011, 05:07 PM
Replies: 122
Views: 27,148
Posted By plethora
I just sent you my email address. Feel free to...

I just sent you my email address. Feel free to write.

I'll actually be returning to a journal next week, as Big Mike's brilliant call to journaling has reinspired me. Frankly, I was going to...
Showing results 1 to 25 of 67

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