I guess it might be Richard who builds a dam. The river is not flowing today. What a boring Monday. No trade. I am going to have a early night then.
Welcome to Monday..Random Thought
It’s MONDAY! The market has its own way to operate. It doesn’t care what Michael, John, Richard, J.C or even Gav are thinking. It is like a flowing river, who cares if you are swimming, fishing, bathing or even committing suicide? Everybody get what they want from the river. Get involved with your understanding of […]
No dummy, one scalp, one try, one loss.
Another boring day for dummy trade, I did not find any nice entry. I was trying out scalping strategy and basket order of Tradestation. Well, I was stoppped with $50 dollar loss. ๐ Tapeworm at Taleoftape did pretty well this week. Go check out his blog. And of course, J.C, the scalper’s blog is my […]
No trade 09-Nov-2006. Deep sleep.
I can’t find any nice trend in the morning. And ,I was exhausted, so I called it a day earlier. Some sell down in the afternoon. Flashing back the charts, still can’t find my setup. No trade,but I won some sleep. I have been studying some scalping strategies, hope to start couple of them soon. […]
Postmoterm 08-Nov-2006
Prejudice. I always have this problem when I am looking for trade. Today’s action showed my problem again. subconsciously, I was thinking the market “Should’ sell down. The “Should” limited me. I was not flexible to look for other trading opportunity. Because of this ‘Should’, I gave myself a lot of excuses, like ‘ moving […]
Dummy day trading #39 08-Nov-2006: ES Short trade closed
After gap down, and downtrending moving averages I was looking at short opportunity. I shorted ES, however, I was stopped out immediately. One trade closed with 1-R loss. Short below the low of 6th bar, which was resisted by 5-EMA. After short position was stopped out, ES formed a channel with higher highs and higher […]

