@jem - that was a mouth-full. Much to think about. @easy - I didn't say that you were wrong. Just "I" disagreed There is no right. There is no wrong. Only P&L. Some of us have more balls than others.
I would agree with this except for the problem that most peoples "market intuition," or even their intuition about probabilities are underdeveloped at best. I have no idea if the "flag" pattern has any validity or not... nitro
Had to copy JEM's piece and save it. I see something of myself there. Maybe I have been so flighty for the same reason, that is, I am not comfortable with my (non) system. Something to mull over for sure.
<i>But bricklaying is like real work. I mean you sweat, and get your hands dirty, and yuck!</i> Trading is real work too. Its as hard as anything I have ever done. Before I traded I loaded turkies into trucks on their way to the processing plant, and I worked as a sprinkler fitter. Damn hard work, and its really fortunate I did it, because it prepaired me for the work I would have in front of me as a trader. Brandon
Having worked myself into a ROYAL SNIT by looking at someone elseâs system instead of my own today. And then getting all bent out of shape wondering about what might have been, I did the right thing â left the room and took a long nap. There is no getting around the fact that my headspace is not where it should be today. I do not know why, and am at a total loss to explain it. With less than an hour left, it is unlikely that I will trade today. Without any reasonable explanation, I am devoid of confidence and good judgment. The day has been a total waste. (well, I did answer a letter from my ex-wife, but that doesnât count) Sorry...
Catchy title, huh? (...sogh) I donât know...maybe this âjournalâ thing wasnât such a good idea. I mean, it obviously ainât gettinâ the job done. In fact, I am trading FAR worse than usual! Iâve been distracted all week â if not by this, then by something else. On the bright side, quite a few people have taken time and effort to pass along some very good thoughts. I really donât want to just slink away with my tail between my legs â but nor do I wish to blow additional good trading opportunities. Damn â it seemed like such a good idea, at the time. I donât mind spilling my guts, so long as some good comes of it â but... So what am I going to do? Iâm not sure, but this much is for sure. Tomorrow I concentrate on trading, and only on trading. I will not monitor the site. I will not post during trading hours. I will not answer posts, or PMâs. All of the above provides distraction, and excuses for not doing the one thing I should be doing. The bitch is that I have enjoyed the interaction. We all know that trading can be a lonely pursuit â but maybe itâs supposed to be â at least for me. I guess that I am the classic canât chew gum and walk at the same time kind of guy. So thatâs where I (we) stand right now. No matter what, I am flattered that so many people have read these ramblings, and that quite a few have actually joined in. Weâll see what happens, when and if it does...
Sounds good to me, considering that this was your original intent. "At dayâs end I will fess up as to my success or failure." (From your opening post of this thread)
Go on, throw my own words back in my face! The real truth of the matter is that it sounds good to you because it was your advice to me!!! It's after 10 o'clock - dos your mother know where you are?
Tampa I have an office in Naples. Just me and no one else. I am not commercial or soliciting or any stuff like that. What if I extended you the opportunity to trade in that office. No naps, ET blocked out, nothing else going on but you and the charts. No browsers, food delivered. It is plenty big enough for two people. I won't trade. I won't even tell you how I trade. We'll just go over your method Sunday evening, and the following week I will be there with you as support for you to get in, stay in, follow the rules. When each day is done, we can go down to the Dock and relax, maybe have some food, talk about the day, or whatever. Then we'll go back, review the charts to see if you missed anything and prepare for the next day. Come Friday afternoon, you can go home to Tampa.