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The scratch day happened because I got hold of myself, followed the guidelines, (I don't like to call them rules) and made my money back. I did have a long that I scratched as well but I didn't like that one from the start. So I got it BE ASAP.
And you are correct, it's a new day tomorrow. And I'm looking forward to it.
Simplicity is the ultimate sophistication, Leonardo da Vinci
Most people chose unhappiness over uncertainty, Tim Ferris
Correct, it's a guideline to help find better entries with lower risk. Doesn't always happen of course but I am trying to get to where this the normal set up as opposed to the break of the break setup I've been using. The BOB setup has worked pretty well as long as I put the stop in the right place but I'd love to minimize the risk and doing this means I can see another 10-20 ticks of profit before the target zones are reached. Over all I like the idea, getting it done in real time is another matter.
Simplicity is the ultimate sophistication, Leonardo da Vinci
Most people chose unhappiness over uncertainty, Tim Ferris
Took three trades to get it done, but ended the day with a nice winning trade to get back in the saddle of winning.
I got up an hour late so missed the pre-market rally which is something I like to catch if possible, but not today. However, I am happy to have gotten my win in and I'm satisfied with it.
And as per my decision to never sit for 5 hours again, I am done for the day.
Simplicity is the ultimate sophistication, Leonardo da Vinci
Most people chose unhappiness over uncertainty, Tim Ferris
Spent time on the phone this morning with my broker...had some issues....got those resolved but was unable to really concentrate on the action and ended with a couple of small losers and a couple of small winners...I'll post the chart later on but have to run right now....
Simplicity is the ultimate sophistication, Leonardo da Vinci
Most people chose unhappiness over uncertainty, Tim Ferris
Last trading day for a week. Taking my kid to see the whales in SD on Sunday. I need the rest and sea air to clear my head. Been in a bit of a draw down/breakeven stage and it seems to me, I'm not really reading price action really well.
Only two trades today but after the last one, I just decided to call it and watch til my trading hours were up.....mark levels and see how I do.....
I rang up @indextrader7 and he gave me some encouraging words, went over my trades with me and gave me some perspective....Thank you sir.....
Simplicity is the ultimate sophistication, Leonardo da Vinci
Most people chose unhappiness over uncertainty, Tim Ferris
