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I left my charts open while I was gone over the weekend. and something nasty happened. Not sure but I had a net losing day before I figured out my data was wrong. Reset my charts but the damage was done. Spent my ticks for the day. Currently looking at recovering some of that but truth is the movement is slow and I get impatient when its slow and I don't trade well. Its a discipline thing.
Probably better to just pick it up again tomorrow.
Simplicity is the ultimate sophistication, Leonardo da Vinci
Most people chose unhappiness over uncertainty, Tim Ferris
I really don't know the answer to this question. I am getting ready to switch to Mirus soon. I am waiting still for some legal stuff to finalize at the state. I thought it was finished but as of right now, its still pending. Once that is completed, I'll open a new account at Mirus with the new legal entity name. Other than that, I don't know. I am going with Mirus for now.
Simplicity is the ultimate sophistication, Leonardo da Vinci
Most people chose unhappiness over uncertainty, Tim Ferris
why normally is Zenfire feed preferred over example Trading Technology feed, if the two for example take the data from cme, cbot and other exchanges, and must be the same?
I was up 13 ticks and took the first signal of the extended chop area. I was stopped out and netted 5 ticks today.
I missed several nice trades due to a weird thing. Prices kept disappearing off the bottom of my chart and I had a real difficult time keeping prices on three charts visible and large enough to read. I am using a 24 inch monitor and have not had this issue before. Does anyone have any ideas about how to prevent this in the future?
Other than that, it was a reasonable day. The last trade was a bummer but that happens right? If the chart issue had not arisen, I think my tick count would be around 30 or as I saw the trades setting up but my entry point just kept disappearing on me.....
I had a total of 6 trades. Two or three BE+1 or 2 ticks. Then a 10 tick winner then a 2 tick close trade that I should have left open and the full stop. Overall, it was a C trading day. All of the aspects could have been better managed. I don't regret any of the trade selection choices only management of them.
I am getting better every day. The trades are coming more and more easily in terms of entering when I need to although I still hesitate sometimes. When I do, I just don't chase the trade. I wait for the next one. My experience is that chasing after hesitating always leads to unpleasantness.
I'll start posting my charts again soon. I've just not felt like it for a while.
Cheers....
Simplicity is the ultimate sophistication, Leonardo da Vinci
Most people chose unhappiness over uncertainty, Tim Ferris
Ok today was a repeat of yesterday but worse. Turns out my entries are pretty darn good. My exits are crap right now....not the ones the system says to take but the actual ones I take. I've been moving my stop up once I have a little bit of green.....stupid dumb @$$ move. I'm not shooting for the moon here. Its just a modified scalp. So no "trail" stop needed. But I've done it two days in a row now.
I a couple of small winners, but your losers must be smaller than the winners and today it was reverse. Large losers and small winners.
Today it really hurt both in dollars and in pride. But once I figured out I was really close to revenge trading, I just quit. The only smart thing I did all day. Live to fight another day I say.
Tomorrow I will strive for more discipline in leaving my stops alone. I went through this in the sim challenge as well with the same results. Please no piling on here. I know I did it, I know I did it in sim with the same results and I know how to fix it.
My goal tomorrow: 1 trade held to either stop or target filled. Unless price action says exit before the stop is hit.
Cheers........
Simplicity is the ultimate sophistication, Leonardo da Vinci
Most people chose unhappiness over uncertainty, Tim Ferris