Today was a pretty uneventful day in the live room. We missed a few opportunities at the open of the session due to some technical issues with half the class being in the wrong room. And once we got all of the settled, the moves we might have been in were already on there way. Personally I don't really care that we missed the moves because there are always more to come, plus they could have just as easily been losers. So as usual, we sat back and waited for some valid opportunities, We had a few setups on the 5min charts that looked pretty good, but none of them followed through in a way that would give us reason to get involved. With that being said we did find 2 opportunities to get in on some longer time frames (60min & 15min).  Both trades are still in progress so I can't give you a total pip update, but it gives us something to look forward to tomorrow. 

One thing that i'm really happy to see is that many of the traders in the room are starting to see the market just as I see it. When I say this I don't mean that I am always right, or only what I see counts. Rather they are starting to use the skills taught in the Pro Trader Course and relate it to the live markets. It's always cool when multiple people can notice and predict the same setup. Just makes you feel kind of good! See you guys tomorrow and we'll see how these 2 tra
PL
2/7/2012

This post reflects almost exactly what happened to me this morning. Between 7am and 11am I couldn't find any good opportunities. I only entered one trade which resulted almost breaken (+0.3pip). It can be kind of frustrating finishing my day with nothing but I rather have a breakeven than a loosing day. One of the first things my tutor told me was:'' your first priority is to protect your capital, gains will come along.'' So overall, I'm glad to have not overtrade.

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Akil
2/7/2012

I agree, overtrading used to be the death of me lol

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