[Attila]

Statement for 07/29..

The remaining change that will make a night and day difference in my trading is not to focus so much on the vibrating price. When I do EVERY plan in my head is crowded out. It is really incredible.

My plan to short 1883.5.. moved it to 1884 as the price rose, missed trade by .25
My plan to hold 1877 (perfect entry!) for the day... ANTICIPATED 1864 holding, covered 1877.
My plan to re-enter on 1864 break.. completely froze.
My plan to keep the 1843.5 2 unit long to 1859 (went to 1872).. after the dip back to 1840, gladly took 1845.

All decisions based on fear rather than any technical reasoning. Seems such a small problem to resolve... All I need to do is to for one day trade perfectly (meaning no emotional trades) and build from there. Mighty's walks would have really helped yesterday..

If as a trader you did not do very well yesterday, when are you going to do well?

[enochbenjamin]

Don't sweat it - in hindsight it looks like we all should have made mega bucks yesterday. Forget about it and concentrate on the next trade.

And if I could take my own advice I would be a wizzard!

[Attila]

Originally Posted by enochbenjamin »

Don't sweat it - in hindsight it looks like we all should have made mega bucks yesterday. Forget about it and concentrate on the next trade.

And if I could take my own advice I would be a wizzard!

Lol...!.

I will start putting up a Morning Prep chart if there is anything interesting.. Overnight NQ Trendline in control.. Until that is broken and held, short. Planning to short 1847 to 1850 area.. Stop 1853. If that Trendline goes, then it's rally.. HARD. Last day of Month also, so such a rally could be fake but still to be traded.

ES and NQ both sitting on the bottom rising Trendline on large wedges (ultimately they usually break down) so MUST rally or else.

[Attila]

Statement for 07/30.. Good day due to mentally entertaining all possibilities.

[thalestrader]

Originally Posted by Attila »

Statement for 07/30.. Good day due to mentally entertaining all possibilities.

You saw a double top a few days back, but with the new low slightly undercutting the prior pullback low, I see a potential double bottom base forming. I am hoping to see an upside breakout this week!

Best Wishes,

Thales

[Attila]

Originally Posted by thalestrader »

You saw a double top a few days back, but with the new low slightly undercutting the prior pullback low, I see a potential double bottom base forming. I am hoping to see an upside breakout this week!

Best Wishes,

Thales

If you can arrange a top in ES/NQ around 1130/1938 my account will likely experience a breakout..

[brownsfan019]

Originally Posted by Attila »

Statement for 07/29..

The remaining change that will make a night and day difference in my trading is not to focus so much on the vibrating price. When I do EVERY plan in my head is crowded out. It is really incredible.

All decisions based on fear rather than any technical reasoning. Seems such a small problem to resolve... All I need to do is to for one day trade perfectly (meaning no emotional trades) and build from there. Mighty's walks would have really helped yesterday..

If as a trader you did not do very well yesterday, when are you going to do well?

Attila - I could not agree more. Having a plan of attack is only half the battle, the rest is between your ears as the saying goes.

For example, I cut my day short today after I got comfortable / scared to take a loss. I had a good morning on the CL and decided to shut it down after a trade took awhile to play out (even though that was not part of the plan). About 10 mins later an easy HOD short showed up and I passed b/c of that fear your speak of. It was what I call an instant winner - no heat, straight to profit target; meanwhile I spent 30 mins in the previous trade only to get 10 ticks...

So we are all there w/ you, even if not posting daily like you are. Putting together the plan AND then following it are 2 unique things that are not easy every day. Some days it's easier than others, you just have to fight your way through the mental battles as best as possible.

Keep up the great work and I agree w/ Thales that we should be long Attila via the double bottom.

[Attila]

Yes brownsfan, sometimes chop is so clear you can even feel it.. but still trade it.

Statement for 08/02...

Missed the early breakout of 1886 to avoid the ISM report volatility and that was it for the day.. Financed my brokers kids trust funds a bit trading the chop which I can't believe lasted the entire session. Must be summer. These 9:45 to 10:00 reports should be moved to the next day at 8:30 so Attila can have smooth trading ok? Didn't enter earlier, lower as I have a 15min no trade window...