My problem most likely stems from my methodology. I've never been successful with technical analysis and that's what I'm trying to use to daytrade...
Read lots of books and I've been position trading futures, stocks and options successfully for several years. I thought that if I made a fairly...
Well, that's it I've had enough! 3 losing trades today to bring my 2 week trading spree to around -10 points. Spending 3 hours a day to just...
I've been having some fun with BBs too. I'm using them along with MACD in two timeframes. In the longer chart (30 minutes) I look for a...
7/6/07 1 Trade (1L) Short USD/JPY Entry: 123.190 @11:03 EST Exit: 123.230 @11:46 EST -4 points Total P/L: +5.5 points Wow the market...
7/5/07 2 Trades (2W) Trade 1 Long USD/JPY Entry: 122.750 @9:53 EST Exit: 122.795 @10:01 EST +4.5 points Trade 2 Long USD/JPY Entry:...
My IB real and paper accounts behave exactly the same, never had a problem with slow fills. Although I noticed that the charts page on my XP...
7/3/07 2 Trades (2L) Trade 1 Long EUR/USD Entry: 1.3619 @9:40 EST Exit: 1.3609 @10:04 EST -10 points Trade 2 Long EUR/USD Entry:...
7/2/07 2 Trades (1W, 1L) Trade 1 Short USD/JPY Entry: 122.39 @10:25 EST Exit: 122.30 @10:53 EST +9 points Trade 2 Long USD/JPY Entry:...
I can't suggest any signal providers, but I can tell you this. Be very careful! The problem with following other people's ideas is that half think...
Well first things first, stop treating your trading like a video game where if you die you can just start over. Next, you have to figure out...
Not necessarily. Just because you're intelligent and good at what you do doesn't mean that success will translate to something else. I'm new to...
Good thing this is just sim. There is no way you should even consider trading real money! You seem to have no control over your emotions and...
Here's my 2 cents. I think it's nice if you are successful and choose to share your experiences. But you're definitely not under any kind of...
6/29/07 1 Trade (1W) Long EUR/USD Entry: 1.3521 @11:50 EST Exit: 1.3524 @12:03 EST +3 points Total P/L: -2 points Today was a lesson...
This post is about you putting other people down so you don't feel so bad about your own screwed up lifestyle. Or this "fun" life you say you have...
Say no more, I completely understand. You make an excellent point about staying focused on your day to day discipline rather than your long term...
Thanks datamerc! As soon as I'm a little more comfortable with my system and placing the trades I'll start doing what you do in your journal,...
For the record, I know next to nothing about forex or daytrading. So we'll see if my simulated account survives while I learn! I actually...
datamerc, I've read your entire journal and just wanted to say that it looks like you are really getting your emotions in check and becoming more...
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