I woke up this morning still curled around my Daughter's toddler bed. Neither me, my wife or our girl got any sleep as we spent the night helping her through a nasty chest infection. Eager to get something out of the trading day, I decided that live trading probably wasn't a great idea, instead I … Continue reading What I learned with the 1 Tick Target Drill
What is profitability? It's a simple question, a basic concept, but when I ask it of myself I find in reality it isn't simple. Instead I find the term which for so many means so much to be a difficult one to define. The definition at any rate is personal, it is individual and no … Continue reading Profitability: The Goal.
My first forays into markets, flying training and the ethics of profit goals.
Today was a bit of a blow. After missing yesterday's moves due to being at work I was feeling positive about being in front of the screen today. In the end I managed to lose 4 ticks on a trade I inadvertently entered and then a further 2 on a trade that I probably didn't … Continue reading March 22nd – Taking Losses
To say this is a session review is a bit misleading as I wasn't really trading today's US session. Instead I was up at 06:00 GMT to trade the US overnight session. Why you ask? Mainly because I had to! I wasn't expecting the market to yield much in the way of good moves, I was … Continue reading Lessons Learned 20th March
This is a reblog of a post I made yesterday. In the process of trying to edit it I managed to delete the whole post so here's take two! I've been hardly trading at all lately. Life has been conspiring to get in the way which is frustrating enough, what is doubly frustrating is that … Continue reading Missed Trades
It's hard to say anything new about this classic, timeless text. So why bother with a book review? Well first of all I like doing them and second of all I think everybody gets something subtly different out of these classics, so what did I get out of this one, read on and ye shall … Continue reading “Reminiscences of a Stock Operator”