Journal XburbX - My Plan

Discussion in 'Journals' started by xburbx, Jul 20, 2012.

  1. Redneck

    Redneck

    AT

    I don't teach - I talk shop

    How's that saying go

    Don't lead - for I may not follow
    Don't walk behind - for I may not lead
    Walk beside me and be my friend (or colleague as the case may be)

    Fact is - no one can teach another to trade successfully - no one



    RN
     
    #111     Aug 8, 2012
  2. xburbx

    xburbx

    Once RN's last post rings accurate to the trader, things start to make a lot more sense. He gives people different ways of viewing things, but in the end it's the traders mind that has to come to his/her own conclusions. If you read all of RN's posts, all of the technical stuff is already there. It's actually all over the boards. It's the stuff between the ears that can't be read. The mental changes arent some miraculous magic spell your brain reacts to. For me it was a lot of slow changes that added up and are still adding up.
     
    #112     Aug 8, 2012
  3. athlon

    athlon

    I can talk shop all day long, but my wife won't let me :(

    My obvious is " make it your own, take ownership of it" and "thinking for myself".

    RN , thanks for responding and sorry for intruding on this thread.
     
    #113     Aug 8, 2012
  4. Redneck

    Redneck

    AT,

    No need to apologies – at least to me – this is XB’s thread.., not mine…

    I believe you are welcome, be up to XB…

    One important note though

    Even though he and I have never said it directly to each other – I believe the agreed upon rule here is;


    Simply keep it real

    Be it good.., bad…, ugly…, or what ever – as that is the way trading goes….

    Just keep it real


    RN
     
    #114     Aug 9, 2012
  5. Redneck

    Redneck



    And will continue to change - and continue to add up – till we retire

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

    For others reading this;

    Probably the hardest times are; when you know the right course of action – but still can’t execute it/ them under fire (while trading)

    Seems for every step forward…, at times we take five steps backwards

    My only thought – keep pushin yourself

    Ease into it… keep creeping up to it… keep punching it (the wall… albeit a mental one)

    One day you’ll find yourself breaking through (then thinking is that all there is to it - jeeesh)


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

    I would venture to say we’ve all been there – had to overcome our own mental walls

    So know you’re not the first… and you certainly won’t be the last

    Our only claim to fame is;

    We're too dumb to know when to give up... so we never did - or ever will

    RN
     
    #115     Aug 9, 2012
  6. Redneck

    Redneck

    XB,

    What say we W..., R...., R..., all over again today Sir


    RN
     
    #116     Aug 9, 2012
  7. gktk

    gktk

    this so rings true for me as well, i also hate losing and it took me about a year to accept loses as normal.

    I get no emotional reaction to a win i.e.

    i deserved that win / finally in my favour / etc.

    But losing still gets that twist in the stomach reaction, dealing with it but taking time.


     
    #117     Aug 9, 2012
  8. xburbx

    xburbx

    WRR
     
    #118     Aug 9, 2012
  9. xburbx

    xburbx

    A good bit of activity today so far. Finally got a breather. More losers than winners so far, but winners ran. That 1130 move was nice. I caught enough of it. I saw something some what new today. I didnt violate my plan in how I managed the trade but I went into more detail in describing it in my plan. I always need to be crystal clear with my plan because its the only thing I can be clear about. The market will always be uknown
     
    #119     Aug 9, 2012
  10. xburbx

    xburbx

    GILD short. Last trade of the day. Win or lose I am out at 350
     
    #120     Aug 9, 2012