[Cory2679]

One last couldawouldashoulda...

With Trade 1...if I had entered the same move on a smaller degree of swing...10R+ was available!

Actually, though, I got to my computer a little late yesterday and missed that.

All right, that's my last couldwouldashoulda and last post for today.

-Cory

[Cory2679]

Originally Posted by Cory2679 »

Trade 3:

I thought the trend looked like it was slowing down and getting choppier...we had a strong bounce off of support, a retrace and what was perceivably going to be a higher low, so I got long (off a low-high-lower high on a smaller degree of swing)...ended up taking BE before price progressed to PT1 without me.

One last post...

Looks like the downtrend is losing steam (for now)...I'm not long, though...I'm flat (I'm done for the day).

[thalestrader]

Originally Posted by Cory2679 »

... I was a mess and was desperate to lock in some profit...

Never forget that feeling. Learn to recognize it when you feel it coming on.

Best Wishes,

Thales

[Cory2679]

Today's Trades

It's a little early, but I'm done for the day. My plan is to trade until as late as 3pm EST, but I'll just make the call day to day...I start getting less and less willing to take a trade after the London close at 12pm.

[Cory2679]

Originally Posted by Cory2679 »

Today's Trades

It's a little early, but I'm done for the day. My plan is to trade until as late as 3pm EST, but I'll just make the call day to day...I start getting less and less willing to take a trade after the London close at 12pm.

Here's a chart...

[thalestrader]

Hi Cory,

Nice trading! I especially like to see that you are consistently applying position sizing to your money management. It will serve you well.

Best Wishes,

Thales

[Cory2679]

Today's Trades

I'm done for the day...unfortunately, that's all I have time for this morning. I'll be back on this evening, of course.

I want to comment on "Trades 7-8"...unfortunately, I was too aggressive with the second half of my trade and turned what could have been a good winning trade into a mediocre winning trade.

Also, it looks like I should have reversed and gone long after the "Trades 9-10" short. Oh well, shouldawouldacoulda.

Also, I've revised my "Trades" spreadsheet...

Originally Posted by Cory2679 »

Thales,

Just a quick question...

When you enter a trade, pull out/stop out for a very small loss, and re-enter on new lows/highs, do you "count" that all as one trade for the sake of winrate/average win/average loss/etc.? I've recently been keeping careful track of that sort of thing, and I've counted it as one trade when I do that.

Just curious.

Thanks,

Cory

Originally Posted by thalestrader »

I'll start counting it as one trade only when my broker offers to rebate my commissions and lost equity from the first position. Until then, for my records, it is two trades.

Best Wishes,

Thales

Originally Posted by Cory2679 »

Sound logic. I will adjust my spreadsheet.

-Cory

[thalestrader]

Originally Posted by Cory2679 »

... Oh well, shouldawouldacoulda...

Now don't let the shouldawouldacoulda over shadow two back-to-back, according to plan days of solid performance.

I shouldawouldacoulda re-shorted when price retraced back to my initial disaster hard stop on this 6E short, but I was too busy reading you Log ...






Best Wishes,

Thales