Recent content by Taishara

Thanks Shabec! I miss you guys too. I have been going back to the basics. I got the 3 Ducks trading system and have found that useful in helping me see trends, though I don't trade that system precisely the way it is described. I still use my 5 minute / 1 minute triggers. I have backed...

Tim, I am using money management to ensure that these kinds of things are not too seriously painful. 3 big mistakes, but I am still in the black for the week. I find it really confusing to try to switch between accounts, since as you already have said, its become complicated in the US to...

I thought I would post something that I just realized. A sort of epiphany... I was really upset about these three trades, but more specifically the last three. But I was not mad at the *trades* or what the market did. I was mad at myself for knowingly making choices. I think that is a...

Tim - Yep! You hit the nail on the head. I am not pissed off at losing trades. I am pissed off that 3 times in a row I made choices that were violating my plan. I will not even give myself the slack to say they were mistakes. I knowingly made the choice every time. THAT is what pisses me...

I should have gone to bed. I saw a sell set up on both GU and GY and I took both. I lost both. Right now I have a headache and I am pissed off... not sure if I am pissed off at myself, at the market, or just all of it. But whatever it is, I am pissed off. So I need to walk away from...

Maybe I should just go to bed... Reading post before it... "GU has upward movement" and then say I am only looking for a sell. *sigh* Well... at least I did not TAKE the sell on the GY that wasn't quite perfect, but close. That is a plus! ;)

So right now I am only looking for a sell.

Ok... I actually did not say the bias... *shakes head* *ouch!* GY is sideways in a channel between 144.38 and 145.75. Must have had a japanese announcement because a major drop then increase in price to break the ranges between 1930 and 2100. But overall sideways with a slight downward cast...

Ok... step one tonight... IDENTIFY bias. Didn't do that well yesterday. I also went ahead and moved the stops to 25 GU / 30 GY. Though, my stop outs in the past 2 months have not been related to that. Or rather... a 5 pip move on GY is not enough to overcome this issue. I seem to...

Travis - I think you have a thoughtful post here. I am new to T2W and have not read to many other people's journals. I have read one other and it was in my mind, boring, because the few pages just had the bare facts. No analysis at all, so I had no idea what got him/her into the trade or...

LOVE LOVE LOVE That song!!! :clap: Love Linger too! Cranberries are awesome!

Were you trying to change your system during this trade? Or were you trying to change your system to justify the trade?

How do you determine if the move has failed or the trend is exhausted?

Out of curiosity, how long are you at the charts if you take 50 trades / week? Tai

One thing I am going to back off on is how tight my stops are... recently I decided to pull my GU stop in to 20 from 25. I have had my GY stop at 25 in from 30 a few months ago. I did this for the obvious reason that I want to make more without risking more. The way I calculate lots factors...