Archive for August 30th, 2006

Revamp the way of writing trading journal

Wednesday, August 30th, 2006

I was looking for a way to write my trading journal in a short and effective fashion. I revisited Maoxian's trading for dummies again, and I studied the way he compiled the 90+ trading for dummies lesson. I found that writing my trading journal in Q&A (Question and Answer) style ...

Postmortem 29-August-2006

Wednesday, August 30th, 2006

This is the business we have chosen ~ The GodFather, the movie Dear diary, I am pretty selective on dummy setup. I do not want to get whipsawed during this pre holiday trading week. (Excuse to take a day off). Ok, Maybe I was being a coward. I exited the trade early. There ...

Dummy day trading #22 29-August-2006: mini-sized Dow: Short trade closed

Wednesday, August 30th, 2006

Another lousy day. Short position of mini-sized Dow was established below 10am(chicago time) candle. Dow mini did move in my favour and it was 2-ticks away from my 1-R break even point. AGAIN?!?!?! So near, yet so far.... I am especially cautious this week. After seeing position stalled for an hour ...

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