Wanted More, Got...

...1 tick. I took a long off 1025, filled at 1026. It was from 1022.25 lows to 1028.75 highs. I had 10 ticks but wanted the 1030 target. I should have stuck to my profit target of 6-10 ticks. Putting my target at 1028.50, just under prior highs would have worked great. I moved my stop up to plus 1 tick and got it slammed in my face. I guess the saying is right, "you don't get smarter while in a trade, you get dumber."



Es: +$12.50

Used Patience

I had a chance today at 2 other trades before I took the the one at the end of the day. One long off a support from Friday's low to today high and one short around 1027. I took the bounce off the -23% target off the short from 1027 and got long on a pull back after the new low tick of the day. I had some patience today and sat through the break of the old low by a tick and and we rallied off that. I wanted 6 ticks profit and ended up dragging my order into the market for a profit of 5.



Es: +$62.50

Patience

Should used some patience today with my trade. I took a long at 1022 before 3pm and just sat there watching it do nothing. I ended up closing the position, for break even, because I didn't want it moving against me. Anyways, I should have waited for 3pm and see where some more volume pushed it. I just got tired of seeing it go back and forth by 1-3 ticks and I should have held on to it.

Overall though I am happy with my entries and that I am pulling the trigger and getting in, because "you miss 100% of the shot you never take".

Es: +$0

Coulda Shoulda Woulda

Watching at 1:11am

So I'm sitting here with the es down 10 points from the high at 1007.75 and debating whether or not to take this. It's very tempting seeing these 997's support have been holding. I don't know how tomorrow will look. Just saying I'm tempted here to take a long for a gap fill...

Trying to be right

So lately I've decided to worry more about being right on direction then trying to pick the perfect entry. I don't feel there is need to try and get every tick and worry about it breaking out. So today I just took a long of the 15 min and placed some ambush consolidation between 1001.75 and 1003. Entered at 1002 and sold at 1002.75. Got 3 ticks. Baby stepping back into it.

Es: +$37.50

Been Awhile

Well today I took a trade for the first time in awhile. Work has me on a crazy schedule, but it has been motivating me to get back into trading. Anyways today I got to looking at my charts around 2pm. I took a short at 1000 even after a failed move to get back up to daily vwap. I held on and covered at 997.75 on a new low tick.

So I made 9 ticks in 9 minutes. Definitely motivating as I busted my ass the night before for 7 hours to make $95. Anyways I'm gonna make an effort to try and take a trade as much as I can.

Es: +$112.50