[10:18:01] * ChanServ sets mode: +o wrbtrader
[10:18:55] <@wrbtrader> Good morning...another late start for me
[10:19:44] <TigerBoy___> good morning to you
[10:20:09] <TigerBoy___> Recently it was a no trading start anyway
[10:20:36] <TigerBoy___> too busy helping family members
[10:22:27] <TigerBoy___> meanwhile Us markets did multiple days run up
[10:24:32] <@wrbtrader> Shorts Emini ES @ 4513.00 -> large size
[10:24:49] <@wrbtrader> 10 contracts
[10:25:50] <@wrbtrader> didn't see the R area
[10:25:55] <@wrbtrader>
[10:26:05] <@wrbtrader> was too focus on the S area
[10:27:46] <@wrbtrader> Covered all Emini ES Short @ 4509.25 --> + 3.75
[10:28:11] <TigerBoy___> in contrast no Areas hre in my charts
[10:28:18] <@wrbtrader> wanted a quick trade
[10:29:14] <@wrbtrader> Have FEDex delivery...be right back
[10:31:43] <@wrbtrader> I've been doing a lot more 1 - 2 trades per day lately
[10:33:17] <TigerBoy___> what I see in your trades is : you hang well and catch big reward
[10:33:32] <TigerBoy___> sometimes over 20 points
[10:34:06] <TigerBoy___> in contrast I do too many fast trades resulting in small profits of few points or ticks
[10:34:41] <TigerBoy___> I have to improve and let more time on my reminders
[10:35:07] <TigerBoy___> anyway i do not trade singe ages
[10:35:24] <TigerBoy___> before last Wimbledon
[10:35:55] <@wrbtrader> Yeah...I've been catching some runners lately primarily on breaking news with the TA of inter-market analysis
[10:36:36] <TigerBoy___> yep it was very good for you
[10:37:11] <TigerBoy___> wrbtrader do you never think about increase your size a bit considering you are so good ?
[10:37:58] <TigerBoy___> I know is not so easy from mental point .. anyway you have such a good track record
[10:50:18] <@wrbtrader> That's the psychological key (part of my edge)...I don't increase my size beyond 10 contracts
[10:50:31] <@wrbtrader> More losses with more size
[10:51:34] <@wrbtrader> I think everybody has a psychological key number for position size
[10:51:48] <@wrbtrader> They just need to find it
[10:52:28] <TigerBoy___> yeah thats the point bring trader mind to not be more neutral when adding size
[10:52:41] <@wrbtrader> I'm very comfortable in my trading 1 - 10 contracts
[10:54:55] <TigerBoy___> another point is : nowdays 10 ES contracts = more $ vs years ago
[10:55:20] <TigerBoy___> also margins higher
[10:57:10] <TigerBoy___> yeah at the end is important any trader to find his best comfort zone
[11:28:00] <@wrbtrader> I think the current market conditions with all the breaking news from Heat waves, flood waves, Trump and so on...
[11:28:27] <@wrbtrader> we can get by with only taking a few trades per day because there's enough volatility now
[11:29:39] <TigerBoy___> ok I go now
[11:29:52] <TigerBoy___> take care see you next time
[11:30:21] <@wrbtrader> ok
[11:45:03] <@wrbtrader> Take care and see you tomorrow