Comments for Keystone Trading Group http://keystonetrading.wordpress.com Short term stock trading and stock trading education. Fri, 25 Jul 2008 13:27:27 +0000 http://wordpress.org/?v=MU Comment on making confident day trading decisions by Forex Day Trading Strategy News » Blog Archive » making confident day trading decisions http://keystonetrading.wordpress.com/2008/07/19/making-confident-day-trading-decisions/#comment-235 Forex Day Trading Strategy News » Blog Archive » making confident day trading decisions Sat, 19 Jul 2008 19:35:54 +0000 http://keystonetrading.wordpress.com/?p=115#comment-235 [...] Continue here: making confident day trading decisions [...] [...] Continue here: making confident day trading decisions [...]

]]> Comment on day trading for bigger gains by Daytraderpete http://keystonetrading.wordpress.com/2008/07/02/day-trading-for-bigger-gains/#comment-207 Daytraderpete Thu, 03 Jul 2008 17:29:26 +0000 http://keystonetrading.wordpress.com/?p=111#comment-207 Hey Eugene, Its great to hear from you. We receive many similar emails talking about the same issue you are facing. "I make money in the morning and give it all back the rest of the day." You have a very focused trading plan and that is awesome! Since your plan is so well defined around yesterdays highs and lows I would recommend you place resting buy stops and sell short stops in the market ahead of time and don't do anything unless they get triggered. If you need help doing this on the Sterling Software give me call i can walk you through how to do it. It is very easy to do. Have a great 4th of July! Hey Eugene,
Its great to hear from you. We receive many similar emails talking about the same issue you are facing. “I make money in the morning and give it all back the rest of the day.”

You have a very focused trading plan and that is awesome! Since your plan is so well defined around yesterdays highs and lows I would recommend you place resting buy stops and sell short stops in the market ahead of time and don’t do anything unless they get triggered.

If you need help doing this on the Sterling Software give me call i can walk you through how to do it. It is very easy to do.

Have a great 4th of July!

]]> Comment on day trading for bigger gains by eugene sloane http://keystonetrading.wordpress.com/2008/07/02/day-trading-for-bigger-gains/#comment-206 eugene sloane Thu, 03 Jul 2008 16:58:16 +0000 http://keystonetrading.wordpress.com/?p=111#comment-206 hello Pete, needed some help on focusing on the trading plan. The mind set and dicipline and to develpe it so that you don't trade outside of established rules. I only trade (when following my trading rules) when todays bar has traded out side the prior days bar in a up trend higher and visa versa for a down trend. I only want to trade the first 2hours of the day. These trades work out most of the time. The problem comes in when i continue to trade and began to trade inside thoses bars in complete violation of the trading plan. For the life of me i can't seem to resist the urge to trade even though it is very clear to me that i don't trade this way and it is completely out side of my trading rules and plan. What can be done that will help me resist the urge to violate my trading rules that work so welll when i apply them and stick with them. thanks eugene geners2@gmail.com hello Pete, needed some help on focusing on the trading plan. The mind set and dicipline and to develpe it so that you don’t trade outside of established rules. I only trade (when following my trading rules) when todays bar has traded out side the prior days bar in a up trend higher and visa versa for a down trend. I only want to trade the first 2hours of the day. These trades work out most of the time. The problem comes in when i continue to trade and began to trade inside thoses bars in complete violation of the trading plan. For the life of me i can’t seem to resist the urge to trade even though it is very clear to me that i don’t trade this way and it is completely out side of my trading rules and plan. What can be done that will help me resist the urge to violate my trading rules that work so welll when i apply them and stick with them.

thanks

eugene
geners2@gmail.com

]]> Comment on day trading and mentoring by Article43 http://keystonetrading.wordpress.com/2008/06/22/day-trading-and-mentoring/#comment-204 Article43 Wed, 25 Jun 2008 16:01:02 +0000 http://keystonetrading.wordpress.com/?p=109#comment-204 "Assess probability, place the trade, know what you will do know matter what happens, let the trade unfold, do what you said you would. That’s all there is to trading" How true Pete - what you have described is a plan of action to keep you in the game - look after your losses and your profits will automatically follow. New traders think they have to be right in calling market direction - and those of us who have traded live know this to be fools gold - one needs to get out if the trade does not develop as one thought it might, and move on to the next trade - easier said than done of course - but what is required none the less. Article43 “Assess probability, place the trade, know what you will do know matter what happens, let the trade unfold, do what you said you would. That’s all there is to trading”

How true Pete - what you have described is a plan of action to keep you in the game - look after your losses and your profits will automatically follow.

New traders think they have to be right in calling market direction - and those of us who have traded live know this to be fools gold - one needs to get out if the trade does not develop as one thought it might, and move on to the next trade - easier said than done of course - but what is required none the less.

Article43

]]> Comment on day trading and mentoring by Shelly Lennon http://keystonetrading.wordpress.com/2008/06/22/day-trading-and-mentoring/#comment-203 Shelly Lennon Tue, 24 Jun 2008 09:52:14 +0000 http://keystonetrading.wordpress.com/?p=109#comment-203 Was wondering if you're familiar with the stocknewsgame.com day trading "game"? think this is of any value for getting a better feel about the market? thanks, --shelly Was wondering if you’re familiar with the stocknewsgame.com day trading “game”? think this is of any value for getting a better feel about the market?
thanks,
–shelly

]]>