The “Pro”-cess - Discipline -

Discussion in 'Trading' started by xburbx, Oct 22, 2019.

  1. xburbx

    xburbx

    Same to you! A lot of what you wrote rings true to me. Thank you.
     
    #91     Nov 4, 2019
    jsmacksem likes this.
  2. xburbx

    xburbx

    No trades today. From my back testing, the right environment doesn’t present itself too often.
     
    #92     Nov 4, 2019
  3. xburbx

    xburbx

    Checking in on the charts for the day. The 1hr looked really nice on first glance but per my rules, it MUST touch the line I am looking at. It's just a tiny bit off so it's a no go. Maybe the 15 or 30 sets up today. I will check back in at 9:30.
     
    #93     Nov 5, 2019
  4. xburbx

    xburbx

    Likely no trades today
     
    #94     Nov 5, 2019
  5. xburbx

    xburbx

    15M might be in play. I don't start trading until 9:30 but that's one to keep an eye on.
     
    #95     Nov 6, 2019
  6. xburbx

    xburbx

    Nothing on the radar at the moment. 15M not valid any longer.
     
    #96     Nov 6, 2019
  7. xburbx

    xburbx

    Barring a strong move, looks like no trades today. I will check back in around 330PM
     
    #97     Nov 6, 2019
  8. %%
    For market making, I'm sure max computer would be best+mostly works well. But really, part of your answer is Google This ; Knight Capital/technology breakdown.

    Another clue is; how many hedge funds have done as well, as say, Paul Tudor Jones fund.......... ??IF you took investors + market makers/specialists out of stock market; most likely would be a real shocker in percent profitable?? Congrats on 14 years.

    Same principle/answer follows. I can mostly hit paper /can targets all day long;same size target = 7 point live buck deer+ LOL=big difference.Machine guns are not legal for deer. Got it?? OF course shooting @ a deer size + shape paper target can help some. Wisdom is profitable to direct.............................................................................................
     
    #98     Nov 6, 2019
  9. xburbx

    xburbx

    Thanks! I’ll Google that and have a look.
     
    #99     Nov 6, 2019
  10. xburbx

    xburbx

    2hr might have a setup late today or tomorrow. Until then I will have my eyes on the 15-30m to see they materialize into anything.
     
    #100     Nov 7, 2019