Summary:
Back in the training saddle!Getting started was a little intimidating, paper trading and all... funky huh?
I had the full arsenal up today (TI, favorites and ETFs), but only traded TNA based on market action and kept the orders at 200 share lots, doubling up as moves went the expected direction. Everything/anything else felt too overwhelming. I finished at +$547:
I am going to skip posting the charts today, and debating whether or not to continue posting the charts while training: 1) I am not sure that there is a lot to be gained from the charts at this point - they are all the same (at least the good trades are), 2) I want to avoid becoming obsessed with my chart reading performance (not sure how healthy it is to continuously pour over the charts), and 3) it takes quite a bit of time.
I may just post the bad days (for critique) or maybe I will wait until I only have good charts to post - keeping my training focus on my psychological health and away from trying to get better at trading charts. Not sure how this will eventually end up, but will let the charts go for now. Advice accepted and appreciated.
Personally, I think the charts make for more interesting blog reading. For now however, the primary point of this blog exercise is to develop my trading skills; the educational/documentation aspect is a by-product and secondary.
Anyhoo - a good day today. It would have been excellent if I could remember that the vast majority of time the markets are just not worth trading. Immersing myself and listening 'into' the market environment (emotional and mental state) rather than my own environment is what this practice thing is all about.
Trade well.
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