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Qui-Gon Kagi

07/31/13 10:18 AM

#120616 RE: pennies2007 #120592

pennies......"there it is" for me was "there it was"! During the twenty minute window that it took place......I had to leave the house to pick up my son from band camp! I totally missed it!!! Not only that run to 1.4675 but the following 100 pips as well. I was so demoralized when I got home to see that I'd missed the pop, that I shut the computer off for the rest of the evening and didn't go back to it. So I'm just now back on after taking him TO band camp. Seems like the runs more often than not happen during the hours when I'm taking kids to school or picking them up or doing the honey-doooos......and if it isn't scheduling issues the rallies take place while I'm asleep at 3am! And I thought it would be easier once I "retired", and was supposedly free to trade. Not to whine or anything but !@)(*$#!!!

Ok, so moving on......at least I did see the setup and the only thing that kept me from taking the trade just 5 minutes before it rallied was having to get my son and not just doing it anyway while setting a stop loss for safety sake. I guess I'm just afraid that a gap could lock me into losses or that it won't trip. Any thoughts there? I really need a tight stop of only a couple few pips below the previous 5 minute candle low on a trade like that.

Qui-Gon Kagi

07/31/13 10:18 AM

#120617 RE: pennies2007 #120592

pennies......"there it is" for me was "there it was"! During the twenty minute window that it took place......I had to leave the house to pick up my son from band camp! I totally missed it!!! Not only that run to 1.4675 but the following 100 pips as well. I was so demoralized when I got home to see that I'd missed the pop, that I shut the computer off for the rest of the evening and didn't go back to it. So I'm just now back on after taking him TO band camp. Seems like the runs more often than not happen during the hours when I'm taking kids to school or picking them up or doing the honey-doooos......and if it isn't scheduling issues the rallies take place while I'm asleep at 3am! And I thought it would be easier once I "retired", and was supposedly free to trade. Not to whine or anything but !@)(*$#!!!

Ok, so moving on......at least I did see the setup and the only thing that kept me from taking the trade just 5 minutes before it rallied was having to get my son and not just doing it anyway while setting a stop loss for safety sake. I guess I'm just afraid that a gap could lock me into losses or that it won't trip. Any thoughts there? I really need a tight stop of only a couple few pips below the previous 5 minute candle low on a trade like that.