jasinhbca's quest for discipline, knowledge & profits

Discussion in 'Journals' started by jas_in_hbca, Nov 16, 2010.

  1. Redneck

    Redneck

    TD

    Thank You Sir

    just a junior bot doin - what a junior bot can :p


    RN
     
    #581     Aug 31, 2013
  2. RN,

    It sounds easy when you say it. Well, not exactly easy but clear. Thank you for keeping me going in the right direction.

    And thanks, much respect back at you.
     
    #582     Aug 31, 2013
  3. Redneck

    Redneck

    Deceivingly easy JIH…

    Truthfully there are no words to accurately describe just how hard this step is (or will be to the extent we make it on our self)…

    Worse still – very few can.., or ever will – understand / appreciate that (my wife/ kids certainly didn't)

    ==========================

    You ever want to talk about this aspect specifically..., we certainly can

    Some folks – talking helps

    Other folks – talking only serves to memorialize and entrap

    Completely your call

    ===========================

    Meantime we’re going to keep our eye on the end game – and wade/ trod/ plod/ crawl - through/ over/ under - whatever shit necessary – till you get there


    RN
     
    #583     Aug 31, 2013
  4. Thank you, that's very generous.

    I'll tell you, 90 % of the time I don't even know the questions I should be asking. And that's an improvement. :) But I may take you up on the offer one of these days.

    thanks
     
    #584     Sep 3, 2013
  5. +49 Ticks for the week, $ 425

    Overall, pleased with how I traded. Today I was +21. Usually when I come into a Friday plus for the week I become more cautious. Can't quantify that, just feel it. Generally I become hesitant to look for more trades. But today I think I did OK .

    I think i'm trading more calmly than ever before. Still room for improvement but I like this feeling a heck of a lot better than how I often felt last year.

    I'm going try to keep doing what i'm doing.


    RN, regarding the subconscious, any specifics or resources you can direct me to. It feels like I should be working on something. I do some visualizations of trades, i'm re-reading sections of Trading in the zone and I trade with the awareness of my weaknesses. Any recommendations at this point or should we just wait to see how things progress.

    Thank you.
     
    #585     Sep 6, 2013
  6. Redneck

    Redneck

    You are Very Welcome Sir

    My only suggestion at this point;

    Devote 30 min to maybe an hour (but no more than an hour) each day – to you being with you

    Absolutely no distractions or interruptions

    Make sure the room is quiet – and you're comfortable

    Just you and your thoughts

    Keep the dialogue with yourself open and honest

    Listen intently

    Don’t judge

    If a question is asked – answer it

    Allow the dialogue to go where it goes (nothing is out of bounds)

    If at first it feels weird / goofy/ whatever adjective – then talk about that

    If nothing pops up, don’t force it, that session is over

    Keep a private journal of these conversations

    =========================

    Throughout the day…, something pops up (trading related or not) that you want to talk over – jot it down for later – then actually talk about it during “your” time

    ==========================

    This is cathartic as hell

    It provides you complete insight into you

    And jotting down issues that arise throughout the day – immediately frees your mind up for other stuff – as long as you follow through and actually talk it out during “your” time


    Granted one might get the impression this exercise is self centered – even overly egotistical


    I look upon it as sure fire way to become one’s own mentor, objective observer, staunchest supporter, disciplinarian – AND best friend

    And I think you would agree, we tend to look out for our best friend – act in our best friend’s – best interest

    Fact is when trading; we are all we will ever have… we are the only one upon which we can totally trust and totally depend – period

    keep on truckin :)

    RN
     
    #586     Sep 6, 2013
  7. Wow RN, does your depth have no bounds? That was some good stuff.

    Now if you can keep 5, .45's in a bullseye at 25 yards, I am going to ask you to adopt me.

    Dang Boy, you got your sh$t together. Keep it coming.
     
    #587     Sep 7, 2013
  8. Hi RN,

    Not sure what I was expecting for an answer but it wasn't that. Which is great because you're giving me ideas I would have never considered.

    I don't consider myself a loner but I do enjoy being alone. I think I've always been rather introspective. On the days I commute to work I have about an hour and a half to put on classical music and reflect; if that's what I want to do.

    But you're taking it to a deeper level. A quiet room and a journal. Demons and dreams.

    Thank you. I'll do it.
     
    #588     Sep 7, 2013
  9. +35 ticks for the week, about $ 275. 4 weeks in a row of profits. My best run this year is 6 weeks.

    Overall i'm happy with how I traded. The set ups I took were all very good and in my plan. Trade management was not perfect. I accept that it's who I am as a trader right now. I don't let it bother me much but just keep my awareness of my weaknesses and try to improve them. Specifically, early exits because nervous and not taking reasonable profits at reasonable targets. It's not like I make mistakes on every trade but when I do those are the ones I usually make.

    The positive side is that I rarely , can't remember actually, make impulse entries any more. I don't chase moves like I used to and i'm not fading strong trends anymore. Those were all mistakes that took awhile to figure out and overcome.

    I do feel a slight self imposed pressure to be making more each week. The opportunities are there. Some days it's me not following my plan and other days i'm a little too tired to trade as much as i'd like. Once I can pull a bit more profits out ,which would indicate to me I'm trading well, then I can start adding more size.

    Last year at this time I was struggling and losing. So I do have moments now of 'my god man you're doing it !"

    I only did two days of quiet me time journaling this past week. I'd like to get at least 3 days a week in doing it.



    :)
     
    #589     Sep 14, 2013
  10. Redneck

    Redneck


    I get why you’re tracking this :) …, and I've been guilty of doing the same.., just be mindful it doesn't impose unnecessary pressure

    We concerned with wins & losses…, or following plan (no need to answer, I know you know)

    Not to mention, this is a marathon (career) we’re talking about – a loss is noise




    Now if you want to track something really worth wild – track each trade and whether you followed plan / how well you followed plan

    Take care of each trade – the day(s) / weeks / months / years / career – take care of them selves



    Like you say…., it is self imposed…., don’t impede growth…, but don’t rush it either...

    We each have our own pace


    You’re the best judge of how often is often enough :)


    RN
     
    #590     Sep 15, 2013