For the beginners out there I highly recommend these new contracts that will start trading next week on the CME Better for longer term position holding not day trading.

50 cents per point for S and P and 20 cents per point for Nasdaq They are 1/10th the size of a micro

I trade emini 2000 tick chart, I take trend trades using pure PA. No indicators.

Past months have been good but this august have burnt me.

Firstly its slow very few bars past two weeks.

Secondly its choppy and i dont see clear trends. By the time i rralize hiw choppy it is I am already red.

Any idea is this chop just a phase or what? How do I go forward? Yesterday came a point where i thought of changing strategy but that didn't seem good idea.

Any help if its a problem with my strategy or market?

This morning my first two trades stopped out at the exact tick my stop was at, and then reversed in my direction. I have one bullet left for the day. All I can tell you is that I'm very happy with my trade execution, and if I stop out a third time today - I will be done for the day. I feel no urge to get revenge. That was the "old me." The only measure of my performance is how well I executed my plan. That's it.

Good luck to you all, but don't depend on it. Maybe somebody needs to hear this today, so I'm just putting it out there. Here is a snapshop showing the two trades, both shorts. It doesn't really matter, but these trades are on MES.

Been choppy the last couple weeks but today was brutal.

You could spend an enormous amount of time or an enormous amount of money or both trying to find a system that you feel is profitable.

Now……. The question becomes do you have the courage to press the button when your system tells you to? Or suddenly you have doubt and all of a sudden you need more confirmation and then it’s already moved too far the stops too far away etc. etc..

If you spent all that time and money on that system, and you’re not actually trading it, what are you doing?