Recent content by cashmagnet

Powering down the trading desk for a while Today all went to hell. I suddenly had unexpected expenses materialize out of my wife's ass. No more trading for me. :cry:

Good point. I have much to work on regarding just this point. I have made trades where I look back on and this occurs to me but now realize it is only in hindsight it seems to make sense . But how would I have known to let the trade ride? I am often chasing the market at s/r and when there's a...

Day #1 2015 What a day! :frown:Got on premarket and bungled a loss going into the open. I know why this happened. Outright stupidity. Outright stupidity. There are times where my form just disolves in front of the computer after hours. I must either not trade at all after hours or not distract...

Happy New Year! :clap: 2015 is the year to define my life as a trader. I am going to start fresh January 2, 2015 and grind it out to december 31 2015. Each trading day I am going to claw something out of the market even if it is break-even at the end of the day. I will start viewing my...

What does EASY stand for? What do you mean by EASY? I know about keeping it simple. EASY I've never heard of. Thanks.

Couldn't she just take out the parts in her post where she identifies herself and keep posting?

What is the reason brokers ban scalping?

Dec 30 was bearish. No apparent news driving to pull back. Appears to be a simple structural distribution from an overextension. Who knows. Could be the professionals reorganizing their portofolios at the end of the year. I find that my opinion is so stubborn I am unable to adapt to a...

What is NP7s / NNAs? Thanks. I am looking forward to your posts. I am in the dark about forex and hoping to learn a lot.

premarket 30 december 2014 Market profile of the /nq looking at a 3 day period. Strong value built around the 4307 - 4316 channel but hasn't established a stable high formation. The prevailing bullish trend favors a push through this price range. If the market drops below it's likely to...

end of day 29 december 2014 Really small channel bound day. Opened up to make a high and meandered down to the close. Caught 6.75 points mostly fading resistance points. I hesitated going long. Great day. If I could average this much every day I will be happy. There was no really strong trend...

29 dec 2014 I am going to start predicting the index futures path on the next day and keep score of hits and misses . Three last trading days of 2014 , the bulls are expected to close the year on a high note and should push hard at the beginning of each day and slack off toward the end of the...

Fine points you listed . I find #5 to #8 are where the majority of my problems are. The year 2015 will be a good one for me as I am prepared. I wish everyone good fortune!

I will use this journal to track my futures trading activity. I am not a professional nor do I support myself solely by trading. My greatest wish is to be skilled enough to draw an income from trading. I consider myself at this point a skilled trader. I say this more to instill in my mind the...