Good morning traders.

Good morning so far for me. 8.4 in profit after fees, commissions and slippage.

Ive made some stupid errors which upset me. Not trading errors but software errors but nevertheless errors. Need to get these under control as Im live now and you can't erase these errors like you can on a sim.

Question if anyones listening?

I would consider 8.4 a good day. Not a great day but definitely doable as far as consistency I believe.

SHOULD I JUST STOP!?!

Im thinking of switching to sim just to satisfy the trading itch.

Kind of a reverse Daily Stop Loss.

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Unless you are changing platform/broker or refining/testing new indicator that you developed, there is no real reason to go back to sim ones you start trading with live account.

Just my 2c.

LastDino 

Unless you are changing platform/broker or refining/testing new indicator that you developed, there is no real reason to go back to sim ones you start trading with live account. Just my 2c.

I just mean to stop myself from over trading during the day. Not going back to sim for good.

I find I hit a peak in equity during the day and then it starts to deteriorate.

Almost like trading the equity curve as well.

My trading style is to try to take SOME points in a move before a big move in the opposite direction.

Just thinking if I hit my EQUITY PT. Why would I keep trading?

This is not a new concept to me but its another layer I could incorporate.

Thats all I was thinking.

Of course I have switched to sim to not overtrade and I'm doing REALLY well. Of course LOL! So Ive switched back to live!

Thank you for your response. Its appreciated.

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Switched to sim afraid too over trade... then this happed... two great trades!

Back live again!

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After going back live... sure wish I had those sim winners...

Back down to +5.8 points after slip, fees, and comm.

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Trying to balance posting realtime and not posting too much. Not sure if I should wait and post all or if this is ok to post as I explain my thoughts and trades realtime.

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Morning went well. Had 5.8 points profit after comm and slip.

Then I switched to sim mode to avoid over trading. Had two wins for basically a 6 point gain. Damn!

Switched back to live and gave back most before trading back to up to +9.4 points after comm. and slip. for the day.

Going to call that a session as I have other things to attend to and don't want to trade distracted.

Overall a good day!

Good trading to all!

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Just can't stay away lol. Going to switch to sim now as I'm up 15.4 points in after hours trading. Along with 9.4 points this morning for a total of 24.8 points (as usual this is after all commissions, fees, and slippage)

Really noticing lately that I need to quit while I'm ahead. This one idea alone I think could save me alot and put me so much farther ahead of where I would be when I push it too much and end up giving a good chunk back.

Pretty good day. Pretty good evening.

Good trading too all!

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Hi Sandpaddict
well done on the journal
I like your spirit, hunger and drive.

I was curious why you switched to Sim mode. You mentioned you thought you might be over trading...I can understand how switching to sim can be beneficial...

I was curious when you over trade do you tend to take less then optimal trades ? and thus start drifting away from your normal signal ?

thanks

best
John

JBWTrader 

Hi Sandpaddict well done on the journal I like your spirit, hunger and drive. I was curious why you switched to Sim mode. You mentioned you thought you might be over trading...I can understand how switching to sim can be beneficial... I was curious when you over trade do you tend to take less then optimal trades ? and thus start drifting away from your normal signal ? thanks best John

Hi JBWTrader. The recognition goes along way. Thank you very much!

Yes absolutely. And for me it's not necessarily just over trading but as you said taking less than optimal trades, cutting winners, reversing losers out of impatience and then reversing again taking two big losses instead of one small win.

But MOSTLY its because I want to end on a equity high that Im super happy with.

Theres almost always that point in the day where you look back and go... man, had I just stopped there for the day... But like my name implies I love to trade so I switch to sim for the rest of the session to SAVE MYSELF FROM MYSELF.

By the way this is new. And Im just experimenting with this idea.

Again thank you for the encouragement!!!

See you in an update later!

Good trading to you.

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