Be patient, Take care of yourself & Enjoy the ride Might sounds ridiculous but I believe it to be the holy grail in trading and in life, as well. Be patient because everything takes time. A lot of problems come from the Quick mentality. We lose focus from the present, we ain't aware and cut corners. Take care of yourself because it's our first duty. We can't move forward, help other and build by breaking down. That's what it means to take trading as a Business (IMO). You are the business. The business is you. You're not taking care of yourself by being reckless. When you lose. You lose yourself. Digits are meaningless. Blowing up isn't miserable in itself but you're making yourself miserable. Enjoy the ride because its the purpose of life. Life is an adventure in itself. We're compounding everyday. We need to thrive, grow and like through our routines, days and life. Trades aren't strangers or removed from yourself. You are your own trades. That's why each strategy is unique. Because it represents every synaptic connections inside your own unique brain.
Hey Sek, I was going to initially apologise for potentially hijacking your thread but it seems I'm the least of your worries! I cant find the post where you referred to 'CIS' trading the markets at a certain percentage gap from the MA's he watched.Could you point me in the right direction? I also bookmarked the below from earlier in the year.Is there any chance you could outline a trade youd have taken with this strategy in mind? Thanks for any help. Cheers, Sekiyo said: The only people who told me anything are me and myself. Some futures like ZN or ES are liquid enough to be tradable and structured on the 1min. 1min is the same as hourly or daily or weekly. They all mean revert on the shorter term and trend on the longer term.
I think that’s where I got the CIS thing I am sorry but I can’t find the post anymore. Tried to google site:elitetrader.com “CIS” Too many post about him. You can remove that post from your bookmarks It tells nothing interesting. My bad … Wish you the best !
Thanks mate. Just to clarify,you dont feel the below is accurate anymore? They all mean revert on the shorter term and trend on the longer term.
This CIS daytrader thing is hilarious. The video says: from 3 million $ to 30 million $. But in the video at 9:54 they say:from 3 million YEN to 30 million YEN in ONE year. And I found another video about the CIS daytrader: It says: from 30 million $ to 300 million $. Everywhere different numbers and even different currencies. And apparently nobody on ET sees this, and all believe what is posted...
It’s still a valid point. There are cycles within cycles. That’s why I buy Pullback / Fade mean reversion.
Sure but the blame isn’t on CIS It’s on the YouTubers. I believe CIS is legit. Anyway … It’s just a nice story.
When there is Strong rallies + Weak reactions Then I want to buy the Weak reactions Weak rallies + Strong reactions Then I want to sell the Weak rallies