I disagree somewhat with your statement. :) You and
Matt get credit for laying out the road map. I'm learning and
getting better by listening to you both. (Setting an Entry
Plan and Exit Stop Plan, Put the trade on,
and then let it run until my trailing stop gets hit or
money gain objective traget is hit)
I hit my money target today and so I tighten my stop to
lock those gains in from R 2 to R1. After studing my trade
just now I still had a small mistake. I took off full trade
at R1 and should have keep 1/3 to see if Market would tested the
pivot point or lower. (Net - I took off the runner trade
which I shouldn't have done)
Funny - I started by being a lost puppy buying and selling
blindly now I made some money and still find trading issues.
It tells me I'm getting better at trading however still need to
keep learning.
I share this with group because I want everyone on board to
learn so we all can continue to improve and make better trades.
Thanks
Chris
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Congrats Chris - you are
Thanks - Matt/Dodger
Posted by dodgerdog on 2nd of Sep 2008 at 04:01 pm
Congrats Chris - you are the one who deserves the credit. Way to execute your plan. Very objective trade.
Steve, I disagree somewhat with your
Posted by cspirit on 2nd of Sep 2008 at 04:20 pm
Steve,
I disagree somewhat with your statement. :) You and Matt get credit for laying out the road map. I'm learning and getting better by listening to you both. (Setting an Entry Plan and Exit Stop Plan, Put the trade on, and then let it run until my trailing stop gets hit or money gain objective traget is hit)
I hit my money target today and so I tighten my stop to lock those gains in from R 2 to R1. After studing my trade just now I still had a small mistake. I took off full trade at R1 and should have keep 1/3 to see if Market would tested the pivot point or lower. (Net - I took off the runner trade which I shouldn't have done)
Funny - I started by being a lost puppy buying and selling blindly now I made some money and still find trading issues. It tells me I'm getting better at trading however still need to keep learning.
I share this with group because I want everyone on board to learn so we all can continue to improve and make better trades.
Thanks
Chris