On Monday’s I have to take my daughter to music lessons. Usually I regret missing my trading but today when I got home I realized I hadn’t missed a thing!
I didn’t take any trades in the first 45 minutes. I was waiting for 25.50 to get short but it got there in the last 15 minutes and I don’t like to trade then. But I couldn’t resist taking it on sim.
If you haven’t responded to the survey, please do (even if you’re not interested). 22 people are interested in a trading room during the European morning and half of those said they’d be willing to donate to help with costs (about $99/month for Gotowebinar).
This is something I’ve been wanting to do for a long time now but never felt qualified to “run a trading room”. And I’m still not but I don’t want that to stop me. So think of me not as some guru who’s going to call trades (God help us) but rather another guy who’s trying to fit all the puzzle pieces together. The more I read One Good Trade the more I think some kind of virtual prop firm would be cool. Just because we’re retail traders doesn’t mean we shouldn’t have access to the synergy of collaboration. At SMB they really collaborate, sharing their research, yelling out good setups, etc. We can do the same. As long as it doesn’t get too distracting & chaotic.
Hopefully tomorrow will be a bit more active. I’m really anxious to get one good trade. Cheers.