You are doing well. No need to trade unless it is 'right'.

I once went a week-and-a-half to take a trade live. It was a good feeling right after a Masters Palace bootcamp and that was our focus, to wait for the perfect setup.

My trade ended up a loser by the tick and then went for like 5 points. It was funny to see.. hahah... Longest 165.00 I had to wait to lose, but after that I started my impatient trading again.

If you took one good setup a week or even a month you could do well. Do what you feel is right in your heart.

bluemele 

I once went a week-and-a-half to take a trade live. It was a good feeling right after a Masters Palace bootcamp and that was our focus, to wait for the perfect setup.

Thanks for the encouragement. Wow, you took the bootcamp!

HighRise1202 

Thanks for the encouragement. Wow, you took the bootcamp!

Two of them. I got to watch Henry yell at people all day. And of course myself.

It was fun and I learned a lot. Toronto is a cool city.

Regards what we were talking about trading the pre open. I been having a think and i have come to the conclusion that it depends on what market your trading really. You see with the let say Euro it is traded in the London session and the US session and is most of the time pretti active in both sessions. Also the crude can be pretti active in both session. But what i have found in the past with the TF is that it is pretti much a US traded market. And seems to be a very late starter compaired to the other markets i have speculated

So may be this should be a rule for you....

If you have an active pre market on the TF and you get a trade set up handed to you on a platter you should not hesistate to pull the trigger....As long as you prep is done and you ready for the market. AND YOU KNOW YOU RISK!

If you have a non active pre market and you get a trade set up, you should most probs skip it

I think the best way to define if it is active enough of not is by looking at the price action.....

Is it consistant?
Do we have relative speed?
Sideways or trending?
Rang bound?

I can normally tell most of this by looking at the tim and sales window

I know this can be very hard to dertermin as but this will come with maturity and experience as a trader

Hope this helps Orin

Two gifts. No excuses. Broke trading rules. Not at areas.

Had steady hand. Heart rate did increase during trades.

See ya next Tuesday. Off to Chicago. Brrr.



Best luck trading!

Was out of town and used Think or Swim to trade. Had almost no indies. Did use Fibs. Let the last trade stay open while I flew home and voila, it was a winner.

(The CL trade was from last year.)

HighRise1202 

Was out of town and used Think or Swim to trade. Had almost no indies. Did use Fibs. Let the last trade stay open while I flew home and voila, it was a winner.

HighRise1202 

Was out of town and used Think or Swim to trade. Had almost no indies. Did use Fibs. Let the last trade stay open while I flew home and voila, it was a winner. (The CL trade was from last year.)

Good job! How dare you post a statement! You will go to forum trading hell!!!!!!!

What are you thinking... people can't do that, it is illegal.. etc.. etc..

Wow, someone with some cajones....

bluemele 

Good job! How dare you post a statement! You will go to forum trading hell!!!!!!! What are you thinking... people can't do that, it is illegal.. etc.. etc.. Wow, someone with some cajones....

pretty sure its paper..