Most of us believe that money-making is a game that is played with forces outside ourselves, forces such as the economy, the stock market, interest rates, the Fed, government policies, employment statistics and the like. But as you move along a spiritual path and begin to get a taste of the power of your invisible self, you discover that money-making is merely a game that you play with yourself. -- Wayne Dyer
And you spend your day working, exercising, maturing the habit/routine... not so much focused on profit or ego.
It's not the money. If it were the money, people would quit much faster. Instead they go on for years. More likely it's the "fear" of being wrong, of having to face the fact that one doesn't know what one is doing. Why one doesn't get past that and learn what to do remains a mystery, preferring instead to conclude that there's nothing to be learned, that it's all random, that it's all a set-up job, that it's all rigged, etc. Puzzling.
Hooti , good stuff , insightful intelligent posts , helps me reflect on my own thinking. good trading.
Waving your arms around in a fog looking for something. My insurance once paid for me to take biofeedback. Every week sessions where you are all wired up and they monitor your physiology. And every week a different try at attaining some level. Then one week they said "There... remember what that felt like" And the next week we got there again. "OK, twice you've been there. Now you know what it is and can go to that place again." That's it. We practiced it a few more times and we were done. But until you experienced it, nothing about trying to get there worked, even if you could clearly say where you wanted to be. Trying to get to that inner place was like waving your arms around in a fog looking for something. The way I'd apply that to trading, I see that one of the things I get from chat with Db is modeling... just to be there, real life, real time, pealing away the distractions and just see and hear what we are doing modeled. I just need that. He says 'did you see that?' and I see what the thinking and actions (or inaction) were real time and I feel the experience. All the knowledge in the world doesn't replace that experience. I could trade for years and without that modeling, at least for me... I realize now my chances of getting to where I want to go were slim to none.
this was just pretty. Going from channel boundary thru the mean, retesting the mean and to the other side.
This is what I'm looking at, largely because price continues to test the lower limit and partly because price has not left the channel. There have also been excellent trading ops off this mean. However, if you want to consider my mean your lower limit and plot a new mean, that's fine. What is more important is the number and quality of trading ops that your mean provides.