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Old 07-27-2007, 02:47 PM   #49
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Re: TinGull's Trades

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Originally Posted by TinGull »
Gotta confess I didn't take a setup. Was a short at 13447 as price tried to go abck inside the 30min range and couldn't and i watched it happen....ended up being a 50 point trade. Didn't take it because I was afraid of giving back my profits...but thats the wrong type of thinking. Negative thinking didn't get anyone anywhere right?
That's been an issue with me, too, Tin. But it all comes back to having confidence in your method. I've have a history of skipping setups, especially late in the day especially on Friday. Because I didn't want to give my profits back and end on a down note of loss and regret.

But I have new way of looking at the market and it has given me a burst of confidence, and here in the PM on Friday up for the day I just got a short signal on YM and took it. The trade monkeyed with a me little but I hung in there, and was reward with +35.

Of course, the trade could have gone against me, but that's the risk.

Thanks for letting us share your trading experiences.
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Old 07-27-2007, 02:54 PM   #50
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Re: TinGull's Trades

Sorry, I got +25 not +35.

What happened to the edit button?
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Old 07-27-2007, 03:38 PM   #51

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Re: TinGull's Trades

NIce work GCB! I took a quick scalp at the end of the day for +10, lost a quick scalp for -5, so ended the day with +42. Not bad!
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Old 07-30-2007, 11:48 AM   #52

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Re: TinGull's Trades

Quick post of my trades this morning. I've been scalping the first 30 minutes now while waiting for my other trade to setup. Since nothing else has set up, I've just been scalping for 10-12 points.

Had 6 trades. The profit I like to take home is around 30 points, and right now I'm sitting at 34 points with 5 winners and 1 loser. This is tiring as hell, though, so I've got to take a little break.

I'll post charts later. Im dead tired right now.
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