Tuesday, August 05, 2008

8/5/08, another new start

OK, here we go once again. Let's start with a couple of things.

1. Why do I expect this to be any different than allllllll the other times before?
2. What am I going to do differently this time to make sure I do not continue to fail?

First things first..... I have 2 more mouths to feed. That is what makes it different. Let me tell you about being smacked in the head 3 months early with fatherhood. Nuff said. I have reached a higher level of comittment.

Second, I am working my ass off in an environment where I have fewer distractions.... yeah, being in Little Rock AR isn't exactly my idea of a fun time and all but it does serve a purpose, which is to concentrate as much as I can on the markets.

I am re-devoting myself to learning some basic price actions stuff from a guy named Don Baker. Is it the Holy Grail? Nope but it should help with me with just staying on the right side of the market. I'm looking at only tick charts and have found the longer term ones very useful, just like the longer term time charts like a 60 min etc. I need to buy a printer and review the setups, plan, and re-learn to read charts.

Will write more later

Trader X

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