Day 6 Experiment I really thought today would be a great day for me but the market had other plans.. I took 4 trades.. 1 win and 3 losses 2 great setups and 2 mediocre setups.. My goal has been to eliminate entering mediocre setups yet I broke my rules again.. Ugh..
you are in for a big surprise. Someday you will learn that once you are in an envelope of price, you cannot generate bars of random variables for the three variables you place in correspondence in a data collection. Secondly, you will learn that you do not have the personal capability to generate anything anyhow. Nor do you know anyone who could either. Whenever anything is measured its dimensions are understood. Take bullshit for example. It is well known that bullshit has short legs. Put up anything you think is randomly generated by any form of generator. If you show an open, don't forget to include the indexarb value and the date in the rollover process.....lol....
Haha, Nod, didn't expect you to throw three losers. You shocked us . I am sure by doing that you endeared yourself to many of the rest of us So I got them wrong either....but I took them the same directions as you did! On the same page with Nodoji? Now that's something! Once again thank you for posting the charts and providing explanations on how you managed those trades. OC
I'll endear myself further: Started out with two b/e trades followed by two losing trades. Finally, caught a couple winners to bring my day into the green. Took a break, and returned to find I'd missed a trade that would've hit a full target. This is the sort of price environment that easily frustrates those of us without 10 years of experience, and having a very strict plan with the ability to follow it is what saves us from the danger of this frustration, which is revenge trading.
==================== LOL But there is HOPE He may want to REALLY explore the book "Tough Guys & Drama Queens'' ========================= Emotions arent really aproblem in the long run, if emotions not ruled , accounts are blown UP
are you waiting for a knock on the door, a sign,saying a goal is like saying someday i will ,do it now while you still have an acct,better yet,go back to sim until you have become an expert at sitting on your hands
Day 7 Experiment Thanks Nodoji for the advice cause thats exactly what happened to me today.. I got very frustrated.. I also realized that even though I've been trading for a few years now, I don't have nearly as much experience as many people here and it takes time for it to all sink in.. Missed 3 great setups.. I wasn't paying attention and missed the entries.. This got me all riled up. I took 4 trades today 2 mediocre setup = both failed 1 great setup = worked well 1 great setup = broke even