So often I hear about people unable to execute their stops, and keep the loser, hope to make a come back in a losing trade. Here is a paragraph written by Anthony Robbins in his book Awaken the giant within. I find it useful to explain why trader unable to act on stop loss. What […]

Dear diary, Well, I was chopped out. Market again played some tricks. E-mini Nasdaq took out my stop level and, in fact, went lower than swing low in 15-min chart. The rest of story is the same, it went up. Scared? No. Frustrated? Well, a little bit. But, this kinda days are really part of […]

Dear diary, Well, the market was making fun of me. Gapped up, went down, flat then up big. Ok, I was wrong this time.

Dear diary, What am I doing here? I am indeed having some bad days recently, both my personal life and trading. Both hit me hard , emotionally. Well, that’s not the point of this post. I was chopped out by E-mini Nasdaq today. And I missed out the trade of Dow mini. The problem here […]

Dear diary, Ah..it was a trending day! Great. Good thing: Not a single dummy setup in 30-min chart across E-mini S&P, E-mini Nasdaq, mini-size Dow, and even E-mini Ruselle 2000! before 12pm NY time. So, I was being disciplined, no setup, no trade. Bad thing: I didn’t make any money. Worst thing: I didn’t make […]

It was a trending day. But, I did not make much money. Was I frustrated? I was. I was trying very hard to jump out from the recent lousy days. Vincent told me a fact that (thru IM) I was not paying enough attention to other indices. I have to admit that. I sticked my […]