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Gav's trading blog - Perseverance, Consistency, Confidence

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Blog and Rants

Boring…Zzzz 13-Nov-2006

by Gav Leave a Comment

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.

Filed Under: Trading Journal Tagged With: Trading Journal

Welcome to Monday..Random Thought

by Gav Leave a Comment

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 […]

Filed Under: Rant Tagged With: Trading Psychology

No dummy, one scalp, one try, one loss.

by Gav Leave a Comment

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. ๐Ÿ˜‰ Tapeworm at Taleoftape did pretty well this week. Go check out his blog. And of course, J.C, the scalper’s blog is my […]

Filed Under: Rant Tagged With: Trading Psychology

No trade 09-Nov-2006. Deep sleep.

by Gav Leave a Comment

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. […]

Filed Under: Rant Tagged With: Trading Psychology

Postmoterm 08-Nov-2006

by Gav Leave a Comment

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 […]

Filed Under: Rant Tagged With: Trading Psychology

Dummy day trading #39 08-Nov-2006: ES Short trade closed

by Gav Leave a Comment

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 […]

Filed Under: Trading Journal Tagged With: Dummy Trading E-mini S&P, Trading Journal

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