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, February 10, 2011

2/10 trades



                                                              -36.50

              I had a read on the market in the morning and goofed up the exit . I usually don’t get too bent out of shape when I leave meat on the bone but this one stings.  I was aware of the potential run on this  from my prep I did last night.  However by the morning price action wasn’t as clean.    The entry was clear but the targets became a struggle real time.  Every now and then a trade like the first one comes when everything in my body tells me this is the one to hold and somehow I  went against my instincts and  messed it up.  Lessons learned.  The second trade was an attempt to complete the bid to offer scenario using a shallow complex correction.  I usually hate taken these complex set ups shallow but this market was strong . The third trade was the same think just a deeper correction. Trade took 45 minutes and I spent most of the time in the hole and pot committed so covering didn’t make sense… at the time.  I did get one more chance to get off the bus at breakeven  but I was so sure this trade was going to work  ;o)
Over all the P&L didn’t match the read but the good thing from this is it keeps me hungry.

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