Believe your weekend has been going well. Ditto here .. Nelson feels so much better with your blessings + his psyche is relieved after the emergency visit. Remember the specialist glued his 1.5" crack and now it stands a better chance of "minimal or invisible" post-accident impact!
We had a nice birthday dinner last night and you will have a glimpse LOL! Some of you may have missed his big grin with a homemade birthday cake .. haha ..
Only one outstanding item to accomplish for me: finish the remaining 1/3 book. Will go out now and let's hope I will have 2 hours or so to achieve this .. smile ..
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:
Thanks Mike. I'm also surprised that he feels almost painless today. It's very scary when it's simply bleeding non-stop for over 30 minutes. Oh, first-aid spray did not work and actually re-opened the wound - gosh!
No one wants a 1.5" scar ... so the magical glue treatment has soothed him substantially .. smile! I will start applying aloe cream on him when the special bandages peel off.
Now will have a movie session .. almost 9:00 pm LOL!
I did accomplish my last weekend trading item minutes ago .. Hurrah! Mind Over Markets - a Great MP book. Learned a lot and will re-read certain chapters soon.
Enjoy a Nice evening.
Last edited by wgreenie; May 3rd, 2010 at 03:01 PM.
Reason: Fixed typo .. sorry
3 May Mon Trading Morning $57.50 after commission - ES Sim Trade
A Green morning to start the week .. smile ..
1. No Counter-trend trade! Almost did one and am glad that I cancelled the Sell order even it's a profitable one. It's more important to follow the trading rules than having a profitable trade!
2. Preserve Precious Capital: It's in my mind/behaviour now I think! haha ..
1. The trade was working say 2 ticks in my favor before going south for a little while. I was called away for a few minutes and let the trade run its course. The soothing part was (has been) having both PT and SL orders though I manually placed them.
2. I asked myself before the market opened IF I am going to do a real trade this morning. Monday has not been my favorite trading day (not sure why) though Friday has been worse since I quite often (in the past) lost all my gains for the week + more on a Friday.
I started following a trader using Volume-based Market Profile last Wed. He has been tweeting his trades occasionally. I was thinking "That's great! He will give me trade ideas!". Well, he's not tweeting today and I was quite disappointed.
After clicking the "Refresh" button many many times for new tweets (NIL) .. I realize my stupidity! Back to start looking for trade set-ups ON MY OWN LOL!
Beth (slightly disappointed at my "Wishful" thinking ... sigh ..)
The following 2 users say Thank You to wgreenie for this post:
Today's Initial Balance (IB): 1188.50 - 1193.50
VPOCs: 1161 and 1212.50 (it touched VPOC @1192.50)
80% Rule Strategy:
Since it opened and stayed within the previous day's Value Area for the first 2 30-minute brackets, I will expect its trading back-and-forth within 1186.5 - 1199.5 today. Certainly will bear today's IB in mind. Well, the market will tell us where it wants to go!