Comments from Monday, 4-25-05
Hi Students, and Guest's...
Moved too far, too fast...end up with the sideways channel for most of the day.
The Breakout (breakdown for Elliott) just before 3 o'clock looked like it would be a winner, and was, if you took the risk...but this is what I saw and it kept me from taking that trade...It was just 5-Minutes till 3 o'clock. making it very risky after being so bullish most of the day...I wanted to be a Contrarian and did not think it would move much further down, and did not have stochastics where I wanted it. The better trade was the 3:25 -- 3:30 reverse off of the blip.
If you make a mistake, find out why...
Don't dwell on your mistakes or setbacks, learn and grow from them, and then move on. Never let your mistakes defeat or discourage you. Be prepared to take risks.
Check out the chart: http://www.simple-as-123.net/charts/April25-05BullishMon.gif
Check out the chart: http://www.simple-as-123.net/charts/April25-05BullishMon.gif
Any thoughts?
Marsh
Thought for the day...
Always define your risk, and then you don't have to worry about it.
Always define your risk, and then you don't have to worry about it.
posted by emini @ 11:59 AM
46 comments
46 Comments:
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emini, I get incredibly sidetracked on the Internet. I'm supposed to be searching on day trading course but got sidetracked here somehow and am reading about Comments from Monday, 4-25-05 instead. It's amazing how something that's supposed to take a few minutes ends up taking a few hours because it's so much more interesting reading about Comments from Monday, 4-25-05 than searching on day trading course like I'm supposed to be doing.
Unbelievable emini!! Here I was trying to get information on learn emini trading and somehow - don't ask me how - I ended up here reading about Comments from Monday, 4-25-05. Well, you're not going to believe this, but here I am reading this site when I'm supposed to be researching learn emini trading. Thanks for the interesting info. Back to searching on learn emini trading.
emini!! Here I was trying to get information on day trading system and somehow - don't ask me how - I ended up here reading about Comments from Monday, 4-25-05. Well, you're not going to believe this, but here I am reading this site when I'm supposed to be researching day trading system. Thanks for the interesting info. Back to searching on day trading system.
emini, I get incredibly sidetracked on the Internet. I'm supposed to be searching on learn emini trading but got sidetracked here somehow and am reading about Comments from Monday, 4-25-05 instead. It's amazing how something that's supposed to take a few minutes ends up taking a few hours because it's so much more interesting reading about Comments from Monday, 4-25-05 than searching on learn emini trading like I'm supposed to be doing.
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Hello emini, been looking for the latest info on online trading and found Comments from Monday, 4-25-05. Though not exactly what I was searching for, it did get my attention. Interesting post, thanks for a great read.
A good read. Thaks for all the good info.
Regards,
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A good read. Thaks for all the good info.
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