Sorry it cut off at 5min, but you get the gist of it. Frustrating day. Pretty much comes down to not asking myself the right questions throughout the day such as "where is the market structure? trending? range?"

Bottom line though, you can't win every day (at least I can't), and I'm fine with that. I keep my averaging winning day larger than my average losing day, and I win on more days than I lose. That's a good combination.

Here's the video recap:
Screenr - indextrader7: 8-10-12 trade recap

I just realized that yesterday I went 4 for 14 on my trades and was only down 0.8% I'm so pleased with the risk management aspect of the trading.

Today, risk management saved me too. After my first 11 trades I was down, had a nice 20 tick winner for the last trade and brought the day +7 ticks (average tick p/l per contract).

Looking at the trading in hindsight, I missed two very good opportunities today due to me messing around with a countertrend trade both times. I'll cover this more in the video recap to follow.

Screenr - indextrader7: 8-13-12 recap

1st half of the day was absolutely horrible trading. Chasing the market all over the place.




2nd half of the day was more like it. Put on a main position, and scaled in and out of it for the rest of the major swing.

Pretty good trading today. Although could have really improved my 6th trade by waiting for some confirmation to enter. Overall +25 ticks on the day.


Screenr - indextrader7: 8-16-12 recap

Why did you switch from the 250Tick chart to the 1 minute chart ?

Preference or maybe summer trading ?

I really dunno man. I was just frustrated with some things as of late, and made a few slight changes like the color of my charts, haha. I love the 250 and will probably bring it back soon.

indextrader7 

Pretty good trading today. Although could have really improved my 6th trade by waiting for some confirmation to enter. Overall +25 ticks on the day. Screenr - indextrader7: 8-16-12 recap

would you say that holding on "too early trades around 9:06am" mark was beyond your normal stop loss zone? or the the stops in previous trades were a bit more tight than usually?

thanks,
tihfa

indextrader7 

I really dunno man. I was just frustrated with some things as of late, and made a few slight changes like the color of my charts, haha. I love the 250 and will probably bring it back soon.

Not a huge difference in swing size, but the 1 minute is definitely faster: