humbled

I should have had a larger gain but I "hoped" it would close higher and stalled on the exit. Humbled and keeping it honest

Steve. I am shocked I am positive today. I had many moments of mental battles working to read the price action. In the end I will build rules from these experiences. Humbled

Steve, Thank you for the advice . Plenty to study when I have time. Right now Thales has turned me profitable even though I have so many factors that I need to refine and define for my plan. Thank you for the suggests to approach Market Profile, ValueAnalytics , and Auction Market Theory. Humbled

Steve, Please tell me how do you learn these other areas. I have no clue what I am missing only what I know from here. Humbled

Steve, Now that the market is closed I can focus enough to listen. What are you suggesting as a path to fill in these areas that I am deficient at. Please share I am listening to grow. Humbled

Should have made more was distracted and missed a better exit signal. Profitable but I hope the outcome is rules - Money is second. Humbled

How can you formulate a plan until you show these kinds of trade issues. I am happy I am showing this. The struggle of what is right. Today's reactions and responses along with a summary of any advice can help to firm up a "Plan". Humbled

I noticed right at my level 1586.45. Stop 1585.17 SPX

But in the heat of the moment I am still working out all of the judgements to write the rules from. This chop here is very hard as I am at a level to react to. Humbled

I am guessing I can't skip a signal because that would be a rule break so I am short based on this.

Stopped out on the short.

Currently short based on this chart which shows the whole day so far. Humbled

Can I take a short right into the key level? Line at 86.45 with entry trigger at 86.79. Not sure Humbled

Thales, I am working to define rules and understanding. I don't trust my own view to select them because I lack experience so I am taking as much direction as I can from you and updating as I make errors. I am writing rules but these are not clear yet. I thought after a gap I would look for continuation. I waited for price to retest a level 1577 and hold which was a 2b of a gap opening. I was not sure it was still a 2b according to rules so I waited for micro pattern to execute higher on a long. I wanted to short early but I felt I would not be respecting the story the gap was trying to tell me. Humbled and trying hard.

Hit resistance 2B top and exited 1586. My execution is slow as I am not sure of my actions and trying to nail them down. Humbled PS Will study notes from Thales in a moment.

2 Signals will post charts later. Humbled

No shorting due to gap this morning. I do see a pattern but can't use it. Humbled

These are the only areas I can execute at using real time SPX cash hours tomorrow. Humbled P.S. Working to write up plan but unclear on many aspects.

I had a good entry but the move turned in the middle of 2 zones. No trades allowed per instructions unless near a level. I waited for pattern around zone which took me out late. Not sure if I am right or wrong. Nothing concrete yet on all of these management issues. Humbled

Gap down and lower makes me question am I supposed to not even touch a long but the signal is here and this is part of the clarity I still lack. I am taking a valid signal I believe. Humbled

I covered on a strong reaction to new lows. Not feeling good about trading today as I felt I let Thales and myself down for the pre-market trade. In hindsight I see maybe I should have asked first before trying it regardless of the setup. Humbled

Short the 1561.25 ES level based on SPX reaction at key level 1570 Humbled and not sure if making errors

I believe based on the teachings so far that even if my key level of 1570 holds, I cannot take this long based on the fact that the gap looks to be in control. I could short a lower high into a key level. Humbled

Thales, At this stage I am learning from every experience. I am making errors and learning from the skinned knees more than any gain will ever provide. Do you believe I can create a plan from this right now in its current condition? I believe I can formulate some of it from the experience but I also think I have a ways to go. What is your feeling? That post from DB is fantastic and I will work on injecting it into the process. I am trading a single car so the size is small as I learn. I cannot practice in sim because I know my experience with emotion and sim lacks the pressure that cash brings into the thinking. Thanks again and again, Humbled PS: I admit I am disappointed in myself but I am not sure how to define the line between "on plan" and "off plan" yet.

Thales, I will review this till I have it down. Thank you again. I am sorry if I frustrated you with that last buy. I normally would have just hidden the error or experience and kept losing in private. I believe I am learning but I guess I needed to see if the stove was hot. :helloooo: It has nothing to do with the money and everything to do with learning what I should and should not do. Thank you for your patience Humbled