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Old 03-20-2007, 07:54 PM   #9

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Re: The most stupid tradingday ever

Also, today was an uptrending day. Even with stocks...the rising tide lifts all ships.

And Im with the rest of the guys. Today I sat down and really solidified my trading plan and my setups and WOW! I feel great about it. What is your plan of attack?
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Old 03-20-2007, 08:32 PM   #10

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Re: The most stupid tradingday ever

Tin : I would love to hear about it....I think you had evolved very nice on volume aproach, If you can share some would be very apreciated... (maybe some new thread) cheers Walter.
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Old 03-20-2007, 08:32 PM   #11

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Re: The most stupid tradingday ever

Heres a trick TG

Go over your plan again. Ask yourself which trades (or setups+entries) are the best 50%.

Get rid of the worst 50% or ask for a retracement before entry so that the RR becomes fantastic pulling them into the best 50%.
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Old 03-20-2007, 09:01 PM   #12

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Re: The most stupid tradingday ever

Done that Its a fantastically simple approach that I should've been using ages ago. Well...I was kind of using a while back, but then switched to something else...and switched again, and then again....that was my issue. always switching. So now, I'm back to the original deal that gives nice nice setups.
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Old 03-20-2007, 09:28 PM   #13

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Re: The most stupid tradingday ever

well it is hard to tell what went wrong without the rules to your system,but if u have done your home work with your system then in some ways you know what to expect.if u was following your rules for entry and exits then i would say good job the losses doesnt really matter because they will happen get use to it. If u was playing on emotion chasing the market then,stop!! U wont last long doing that. Only u know if u followed your plan or not.
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Old 03-20-2007, 09:53 PM   #14

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Re: The most stupid tradingday ever

This is a put-on, right?
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Old 03-21-2007, 08:20 AM   #15

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Re: The most stupid tradingday ever

Folks....
Very nice with all this feedback, I'll get back with a tradingplan and some more screenshots.

Quote:
Originally Posted by mp_trader »
This is a put-on, right?
No it's not, could look like one. I'm just a n00b trying to learn, the best way to that imho is to be honest and openminded!
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Old 03-21-2007, 10:28 AM   #16

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Re: The most stupid tradingday ever

januson, you're on the right track... you're saving yourself months if not years of headache and $ by starting to be honest and open with yourself early on. Best way to learn and grow in this business. Ask if you need help. Looking forward to your plan. Good luck!
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