Tag archive for ‘emotional control’
Testing…123..Testing
Knock, knock knockin…
Stretch marks were apparent at the open, and we called a half gap and gap fill available for our traders, using the 45.5 Angel support. Not an easy trade, but these are usually the ones that have a higher chance of succeeding.
The next attempt at the high was “too soon” we felt,with time [...]
Emini Rejected and Dejected
Yesterday’s RTH low broke, triggering the short site feeding frenzy.
It was very courteous of the market to bounce to the half gap area and give us some symmetry for the aggressive short in the first hour of trading. Love it when the market comes to me and I don’t have to chase it.
Anyone can make [...]
Smokin Aces
Today was one of those days that I was dealt an ace in the hole, thanks to one of my cats.
He did a tap dance on my chest around 3:30 am, so I said what the heck, may as well go see what the market is doing.
After booting up ninja, I noticed some symmetry and [...]
Black and white
Black and white is a concept that is important to trading.
I look at many trader’s charts, and note the beautiful colors showing up bars, down bars, trendines etc. Some of my favorites are the black background with red, green, yellow, and blue.
I am not sure where I got the idea for my boring charts that [...]
Simulated profits
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Paper trading is a great way to learn how we will adapt to market movements in real time. It allows us to “practice” without losing real money.
The trick is to ask ourselves, “If this was real money, would I make this trade?” If no, then we are just playing a video game.
In this article, the last paragraph discussing the [...]
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