Gary, enjoy a nice weekend. Try to close the charts and relax
Enjoy some BBQ on the grill, some beers, and some friends and family.
Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.
Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
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The following user says Thank You to Big Mike for this post:
That was decent laugh. I wanted to buy around 90.60, but was scared to. That was really where the shorts got nervous, but it happens so fast sometimes. I did not have my volume analysis up on the 6E when it occured, was watching the area on a 60 minute, and then when the turn came I realized I had minimized volume, so I was slower to react. And then, knowing it makes no sense to me, stil hesitated. That's when I said, "who cares why", but still waited for mu pcture perfect opportunity, based on a more conservative buy. The 6 reversed, came back, closed my eyes...
My best trading this week was the night I drank the bottle of red wine. I downed two this morning at 7am and was ready to rumble
Not really. I was wide awake, dead sober, had a plan, talked through my entire thought process as I was seeing what I wanted to see for the trade, waited for the pullback to reach the right place, confirm itself, executed, kept in mind how "I trade" as I was in it, did everything I can think of I did as I would instruct myself today. Today was a picture perfect trade for me. I forced it to happen today, not the trade, but the correct execution and confirmation process, and it took all the inner strength I had to do it. It was not that big of a deal, not that great of a trade. But afterwards I thought to myself, that is what I do best, and felt like it was near perfection from my view of probabilities. For that particular setup.
And THAT is what was so difficult. I kept the pressure on myself to plan, interpret, confirm, react, reduce risk, step out, keep watching volume, close at the first sign I was wrong, and then quit. And that was exhausting.
But as I have been proving to myself recently, that is how I trade, and the more I focus on that, instead of however many contract I have on, the closer I will be to getting over this hump. So I had every single brain cell trying to fire in the right direction today, forcing the habit to ignore the "3" in the little box. Trade what I understand. And whether I like it or not, those areas are easier for me to read than everything in the middle.