Telechart was pretty sweet. This was huge, to realize that I can see a trade on one timeframe and make a mistake of trying to trade that "bias" or signal on another timeframe... doesn't work.

I wonder how many "welcome to a new era in your trading" moments I've been through, and blown up an account right after it or at least done really bad.

What a system! All that needs to happen is... trade with an existing trending market, find the support and resistance and trendlines, find a pattern, make sure the MACD is in the right condition, look at the recent series of moves in 3 different indicators and check for divergence in them, look at volume and patterns in it, then find the candlestick reversal pattern.

Probably make sure the moon is in a waning crescent too.

So now I'm a market wizard and am calling "3 months of bear market" man, I must have been a child stock market prodigy.

haha, It's funny to see what I thought I knew when I was really green behind the ears.

Ahhh.... the onset of a string of losers. "this is hard as hell" I say. Yep, true.

Here I'm noting that I still have a big need for some type of methodology to work from, a plan to trade. Demanding that I start entering reasoning for trades or use some type of checklist. This was always a real struggle for me, not taking whim trades. Actually it still is to this day, I just do it much less often as I don't enjoy burning money.

2-27-2007 My first real taste of a massive drop in the overall markets, and being fully loaded in positions when it happens. Learned how the rising/lowering tide lifts/lowers most boats. I was shell shocked to say the least. Immediately felt a need to scramble for some other method to profit in such conditions.

The frustration during a volatile time continues. There was definitely a feeling that I had to FORCE the trades onto the market, standing aside was never an option. BUT IT ALWAYS IS. Especially when we're not equipped to deal with a situation. Then again, having the real money at stake, and the real emotions involved, was some good tuition for me. Hard to say.

Remember how before I was saying, "yeah... let's find the huge spikes and trade those! big $$$ baby" Well, here's my reaction to giving that a whirl for a while.