Monday, March 22, 2010

March 22 2010 Overlay and Commentary


I did not have any trades today. The only entry area for me was a long off inside support this morning.

I had a good read on the prep but had a short bias instead of trading what I saw. It was a tough buy for me because of the topping action at the highs and the lower high from Friday afternoon.

After missing the early long, I was not going to chase the action up.

I do not have much more to say about my trading tonight. I have been solid on the technical side and am working on the mental aspect silently.

I am at a point to where I can feel what I need to do but can not quite put the plan into words.

I have reached the highest level of discipline so far in my trading career. Now I need to slowly increase frequency while maintaining close to that level of discipline.

This needs to happen naturally and is making for slow progress right now. I have no doubt I am doing the right thing.

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