Recent content by steenbab

Best of luck. There's a feature in the CQG platform (others may have it as well) in which the charts show the points where you entered and exited trades, worked orders, etc. There is also room for you to type notes into the chart. Print the charts at the end of the day and there's a journal...

One more thing, and then I'll get off my soap box... :-) Sometimes the best thing you can do for a trader's psychology is show him or her patterns that recur in the market and that can form the basis for viable trade ideas. Modeling ways of thinking about markets is sometimes just what's...

I appreciate the comments on my article. What I write about in articles such as this and those on my (free) website (www.brettsteenbarger.com) are direct outgrowths of my day to day work with professional traders at a proprietary trading firm. The work I do with traders is during the market...

I want to thank everyone, on and off forum, for the kind comments regarding my article. One reader mentioned to me the NeoTicker program (http://www.tickquest.com/NeoTicker/) as being one with excellent simulation capability. I will be checking it out in the next week or two and reporting on...

Mindfulness Hello, I am very surprised to see a thread on Eastern thought. The following is from a teaching session of Thich Nhat Hanh; it very much captures my internal state when I am trading well. It's an unusual feeling--a bit distanced from things and standing apart from myself...

Thanks for the opportunity to be part of the forum. For those interested in pursuing the topic further, there are articles on my free website (www.brettsteenbarger.com) re: trading journals. Also, the blog on my site has registration information for my free webinar with the Chicago Board of...

Thanks; I'll be posting the second article shortly as a follow up article on the site. Brett

Thanks, Jill and Posativnrg, for the helpful suggestions re: online journals. A nice feature of an online journal is that it isn't too difficult to index its contents, allowing you to jump through entries to follow various themes, review progress, etc. One example: I had new traders categorize...

Here's the link for Snag-It and Camtasia: http://www.techsmith.com/ With voice-over to accompany the video of the day's trade, you can create video journals without too much problem-- Brett

Hi, I find this is a common dilemma with traders. I hope to cover this in my next Trade2Win article, but for now just let me say that journals need not solely consist of written entries. I am currently using a program called Snag-It, which takes very nice screen shots of charts in real time...

For me, the more relevant question is when to quit trading or take a break from trading during a trading day or week. Many traders focus on risk management per trade (position sizing, stops, etc), and that's great. There's also the issue of managing risk on a daily, weekly, etc basis. Many...

No, I'm his evil twin...the one who listens to The Empire Hideous (www.empirehideous.com) to start the morning researching trades (I'm partial to "Two Minutes to Midnight" and "Heaven Raining Bullets"), only to retreat to the water tank afterward, like Lovecraft's Cthulhu. Seriously, though...

Disconnection I appreciate the many perceptive comments on my article. To the accusations that I am a goth and self-indulgent, I plead guilty as charged. :twisted: The original stimulus for this article was the song "Love Under Will" by Fields of the Nephilim (which itself was inspired by...