Thanks to my wife for her loving support. Thanks to Brain Zimmerman and Lance Beggs for their friendship, support and coaching.


"The world aint all sunshine and rainbows. It's a very mean and nasty place and it doesn't care how tough you are, it will beat you to your knees and keep you there permanently if you let it. You, me, or nobody is gonna hit as hard as life. But it ain't about how hard you hit, it's about how hard you can get hit and keep moving forward...how much you can take and keep moving forward. THAT'S HOW WINNING IS DONE!! If you know how much your worth then go get what your worth, but you have to be willing to take the hits, and not pointing fingers saying you aint where you want to be because of him, her, or anybody. Cowards do that and that aint you. You're better than that". Rocky 6









Thursday, December 16, 2010

12-16 trades



                                                                  Results +80 6B 
Maybe size does matter???
Using this day to work on multi contracts.  Much to improve on but it’s a start.  I think I’m fighting myself on some of these targets.  Just not use to that much action intra-day as trading the YM/ES  etc I’ve dealt with a lot of back and fill type price action.  I’ll work on making the right adjustments for this market. The first trade was normal trading but  2 and 3 reversal trade was a bit different for me.  I had the read on the market and hit the zone that I expected price to reverse at .  the first trade had some slippage and took some heat on.  Yesterday I got ran over doing this and I thought I was going to see a repeat.  Strength built on this level again and the trade shows the zone may hold and I added another trade as  if I cover the first one.  For both trades risk was $240 total risk for 4  contract.  The risk was worth the reward as long as I could manage the exits correctly. I ended up 2:1 reward to risk ratio.  Not a bad but exits need work.  All my targets were made today and I cut them early.

No comments:

Post a Comment