Bride of If You Can Draw A Straight Line

Discussion in 'Journals' started by dbphoenix, Oct 28, 2013.

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  1. slugar

    slugar

    no sorry misunderstood your question
     
    #321     Nov 6, 2013
  2. dbphoenix

    dbphoenix

    Yeah yeah yeah.
     
    #322     Nov 6, 2013
  3. niko

    niko

    Entries and lines, new things to incorporate in decision making as well.
     
    #323     Nov 6, 2013
  4. slugar

    slugar

    now the hard part for me is the main trend today has been down but now the fanned out supply line is broken hard for me to go long on a retracement with the down move
     
    #324     Nov 6, 2013
  5. niko

    niko

    Have a great day, my shift is over.
     
    #325     Nov 6, 2013
  6. niko

    niko

    Why is hard?. It is hard because you are not sure it will work, don't worry about it, if you are not sure, just include it in your journal and work on it during back testing, you will be able to come up with an answer that will help you deal with your fear.
     
    #326     Nov 6, 2013
  7. You're well on your way to becoming a great trader.
     
    #327     Nov 6, 2013
  8. slugar

    slugar

    been choppy since 1015 cst but every swing high has been equal or lower then the one before.
     
    #328     Nov 6, 2013
  9. I've just seen this on the off-chance. I spend my time here mostly in the CL journal and the ES journal livecall threads.

    Anyway, assuming you're not winding me up, i'm afraid to say that I think you're wrong. I'm far from even being good(never mind great), to the point that I still wonder whether it's actually possible to be consistently profitable with our 'limited' resources.

    Everything works some of the time, but nothing works all of the time.

    I doubt i'll ever give up, though.
     
    #329     Nov 6, 2013
  10. dbphoenix

    dbphoenix

    Given that you haven't read the material, much less studied it, you're hardly in a position to have any opinions on whether it works all of the time, some of the time, or not at all. If you ever get past this notion that it will all "come" to you eventually if only you keep at it long enough, you will begin the research, testing, and planning that are necessary to developing a thoroughly-tested and consistently-profitable trading plan. If not, then you'll eventually go broke.

    You'd much rather trade than learn how to do so. One can only hope that you'll get tired of it before you lose all your money.
     
    #330     Nov 6, 2013
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