Big Loss

Real trading, real losses. Over trading in chop is a great example of what not to do... your welcome.

Better trading ahead!

Lot Size: 2
Wins: 14
Losses: 16
Win%: 46.67
YM: $1129
Total: $1129

YM

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A Better Trading Day: Update 1

Today I was committed to adhering to my rules and trading what the market was willing to give, without risking too much of my profit. As I type this, the market is rising past my previous exit, but that is ok. I'd rather take pride in trading well for a profit on a consistent basis than trying to squeeze every drop of juice out of the market. We all know how over trading can turn a profit into a huge loss.

Better trading ahead!

Lot Size: 2
Wins: 1
Losses: 0
Win%: 100
YM: $252
Total: $252

Update: 

A huge up day, it would be easy to say that I left a lot of points on the table. As a professional trader, the emotion of regret is a what causes over trading, giving back losses, in exchange for a massive loss. Unfortunate for the traders who bought the YM at a high and were stuck in their position hoping for it to reach a new high, I easily could have been stuck in a trade/loss if I would have jumped back into the market.

Better trading ahead!

YM

YM update: An exercise in sitting on my hands.

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Missed Big Opportunity

Traded today's big down day too fast, will wait till next week to trade again. These are the kind of days a trend trader needs to take full advantage of.

Better trading ahead.

Lot Size: 2
Wins: 17
Losses: 13
Win%: 56.67
YM: $197
Total: $197

YM

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Trading Results YM

Committed to trading well today. 1st trade I kept a tight profit stop, 2nd trade I allowed the trade to work in my favor until it broke previous support (S1) and hit my profit stop.

Lot Size: 2
Wins: 2
Losses: 0
Win%: 100
YM: $254
Total: $254

YM

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Trading Results YM/NQ

As I post this, the market is still falling, but I am committed today to not over trading. No such thing as money left on the table, your money is what you have left when you walk away from the table.

NQ $352 YM -$206
Total $146

Lost on the YM trade with few regrets. I was trying to short at S1, the price was bouncing around to the point my very generous stop was hit for a loss.

YM

The NQ trade which kept going without me worked well, maybe if I didn't have the earlier loss I would have stayed in the trade longer?

NQ

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ES/YM Trading Results

ES -$295 YM -$127
Total-$422

Everybody's got plans... until they get hit. 
- Mike Tyson

Better trading tomorrow. 

ES

YM

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