Today I was more disciplined. My first trade was a long based on 610 coming from below. I didn’t manage the stop well losing 3 ticks vs. making 2.5 points. Note: The first two trades would have reached my goal of 1.5 points for the day had I “taken them.” Here is a struggle; one wise x-floor trader says go for modest daily gains. Several experienced traders say trade your plan and don’t exit until the plan specifics dictate so. WHAT TO DO?!?

Noted one out of two short pivots turned at the 76/23 Fib.

Had hand shaking going on early. Later it went away.

Today I was more disciplined. My first trade was a long based on 610 coming from below. I didn’t manage the stop well losing 3 ticks vs. making 2.5 points. Note: The first two trades would have reached my goal of 1.5 points for the day had I “taken them.” Here is a struggle; one wise x-floor trader says go for modest daily gains. Several experienced traders say trade your plan and don’t exit until the plan specifics dictate so. WHAT TO DO?!?

Noted one out of two short pivots turned at the 76/23 Fib.

Had hand shaking going on early. Later it went away.

I think no one can answer your question but you. You have to figure out what works for you. Nobody can tell you what to do, because if it works for them it doesn't mean it's gonna work for you.

But here is what I see in your videos. You enter the trade with target 2.5 points but you cannot hold your position over a smallest pull back. Maybe you should try to set smaller targets and see how often you can get it. I see that you are moving more and more towards scalping.

I think that in order to be profitable you have to have strategy not just for entries. Exit (stop and target) should be a part of your strategy. I think it's better when you keep it simple and don't hold your finger on "close" button. For example why don't you try to set your target for 1.5 points because it's your daily goal. Your stop is 7 ticks so your R:R is 2:1. Now you have to keep your win% good enough to stay in green.

Another thing. I think that closing trade with a couple ticks instead of taking loss is fooling yourself. You feel good about taking a small profit but then you see that it goes to your target. I think it's important to see if you are right or wrong about your entries in order to see how good they are.

What I'm trying to do for myself right now is keeping my R:R. My stop is 1 point and I don't want to take profit if it's less than 2 points. I do trail my stop to minimize my losses but I give the trade enough room to work out. In case if it didn't work I see that my entry wasn't good enough. Sometimes it's just market conditions and I will reenter if I get another setup in the same direction. Sometimes price stalls after your entry but you took that trade for a reason expecting price to move in that direction. You are not gonna loose more then your stop and that's amount that your are willing to risk for that trade according to your entry. If not, you should not enter at all. Then you wait for it to rich your target or prove you that you were wrong by hitting your stop.

When you are taking small profits your R:R goes down. If you are happy with smaller profits then set you profit for smaller amount. It will rich it faster and it probably will give you better win%. And this is how it works. If your R:R is higher your win% can be lower, and if your R:R is low you have to keep you win% pretty high.

Another thing I wanna say is about turning winning trade to looser. You talk about that all the time. Well for me it's not a winning trade if it didn't go over 2 points according to my strategy. So if it hits my stop before that I was wrong about my entry.

Im my personal opinion I dont think a person could learn to trade well, if your always also thinking about what to say to the camera, or your audience. But if it helps you then great.

I think less if more, like Mike says.

Im my personal opinion I dont think a person could learn to trade well, if your always also thinking about what to say to the camera, or your audience. But if it helps you then great.

I think less if more, like Mike says.