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
Wednesday, April 27, 2011
Tuesday, April 26, 2011
Tuesday, April 19, 2011
Sunday, April 17, 2011
Monday, April 11, 2011
Monday, March 28, 2011
3-28 chart
No trades
Some basic stuff action/reaction. Cl has been tricky to read for me. Staying low until i can catch these reads. Cl has not been moving like it has been over the past few months. Macro correction phases are nasty. Its expected
Friday, March 25, 2011
Friday, March 4, 2011
3-3 and 3-4 trades
last 2 days -43.75 and -100
My trading on the 6B the last few week has been the well below my expectations. Its grinding in a tight range at a key level. My trade review shows Im hitting trades in the right direction but I'm not able to hang on because of end of day or the trade is lasting 30-50 minutes and I don't deal with that well. The center of the chart data is real and that was on 3-4 jobs report and they just cleaned out all the stops.
Wednesday, March 2, 2011
Thursday, February 24, 2011
Wednesday, February 23, 2011
Friday, February 18, 2011
Thursday, February 17, 2011
2-17
+50
Tried to push a little on the first trade but came up short. The second trade I over managed. Using the scratch management with the 6B is a little tricky. A lot of times re entries are not giving and missing the move is the result. I may have to find a way to adjust to this.
Wednesday, February 16, 2011
2-16
+125 on 2 trades
Didn’t trade Monday or Tuesdays. Since Friday I have not had a good read on the 6B while the corrective phase tries to complete. The YM/ES market dead price action gives little trading opportunity so I’m not hitting that at the moment.
Friday, February 11, 2011
2-11
-$150
Interesting price action today as Egypt seems to be the reason the markets are twisted and it looked to be a fight between the markets. I couldn’t get on the right side today
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)
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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