[brownsfan019]

I hope me posting has not scared others off... this is OPEN TO ANYONE - LIVE OR SIM.

I'd rather it not be my own posting each day so come on, come all.

[BrianNC]

Sim trading. Here are two trades, one from this morning about 3am and one at the open. Just looking for 1 pt on each trade. Target hit on both. My goal is to take my point or two out of the market and increase profit by the number of contracts traded.

[Grey1]

I am new to this BB and this is my todays P/L as seen on the link ( Over $1000)

http://www.traderslaboratory.com/for...html#post76806

I have posted my P/L for 2 or 3 month on another BB day in day out ,,, I donot know what is the point of posting it any way because it is not educational but here we go any way

Grey1

[thalestrader]

Originally Posted by BrianNC »

My goal is to take my point or two out of the market and increase profit by the number of contracts traded.

Why?

Best Wishes,

Thales

[Dinerotrader]

YRCW -$0.06/share or 1%

I wanted to short today but I had to use my account that I can't short in so I had to look for a long. Risk reward looked good but I took the trade just before the lunch slow down which was a poor decision.

Dinero

[BrianNC]

Originally Posted by thalestrader »

Why?

Best Wishes,

Thales

I have a hard time coming up with extended targets. And then when I do go for an extended target, sometimes I get it, but then other times because it didn't hit the target, I end up giving all the profits back, when I could have had at least 1 pt. So I guess there is some fear of loss of gained profit.

Using s/r for entries as I have seen you do, and really learning that part from you, I have picked some great entries, got my 1 pt, and seen the target move much further in my favor after I take my 1 pt. Especially the last couple of days. I was in the beginning of that drop yesterday almost right at the top, but only got 1 pt out of it. Same for that trade today. I took my 1 pt, but the move ended up being at least 5 pts.

[Dinerotrader]

Follow up post on my results.

I just keep stewing about the fact that I messed up my entry and stop on this one. The bounce off support was anticipated but I executed poorly. This is one of those trades from which I will derive some type of rule for future trades. It is hard to post such a bad trade but exposing wounds seems to keep me more accountable next time to not do that same thing.

[brownsfan019]

Originally Posted by Grey1 »

I am new to this BB and this is my todays P/L as seen on the link ( Over $1000)

http://www.traderslaboratory.com/for...html#post76806

I have posted my P/L for 2 or 3 month on another BB day in day out ,,, I donot know what is the point of posting it any way because it is not educational but here we go any way

Grey1

There are quite a few reasons to post grey1:

FOR YOU
Create a place where you are accountable
Get feedback on your trades, progress, etc
If you do want to post charts, you will probably get feedback on these as well
Occasionally you'll get a PM from a new person that says 'Thanks, you've give me some ideas or given me drive to do this'

FOR OTHERS
Show those new to trading it can in fact be done
Show that there's many ways to make money in trading (by seeing a variety of blotters from people posting here)


There's no requirements to post here but it would be nice to get a few of us doing this regularly again. I was and then took a break fro the forums and starting it back up again.