Yukoner's 2015 Psychological Journal

Discussion in 'Journals' started by Yukoner, Jan 5, 2015.

  1. Redneck

    Redneck

    But..., we do get real aggressive..., real quick..., when necessary;)

    RN
     
    #721     May 7, 2015
  2. Redneck

    Redneck

    Alcohol and trading = bad mix


    RN
     
    #722     May 7, 2015
    Yukoner likes this.
  3. Redneck

    Redneck

    YK

    Where is yesterday's update / readout?

    RN
     
    #723     May 8, 2015
  4. Redneck

    Redneck

    Two days runnin and no update

    What's the deal YK

    If you're pissed at me - say so

    If it something else - care to share

    I'm assuming we're still working on/ through becoming a trader - ??

    RN
     
    #724     May 9, 2015
    Yukoner likes this.
  5. Yukoner

    Yukoner

    @Redneck without a doubt I am not pissed at you.... on the contrary super grateful. I am updating here now.
     
    #725     May 10, 2015
  6. Yukoner

    Yukoner

    Update: - It has been a nutz week. My business partner had complications on his surgery, that now has led to him being away even more.... what was routine and back in 10 days, is now going onto week 5 and looking like end of May before he will be healed up enough to be in the office. In the meantime, work life is insane and doing double duty 6 days a week. Cell phone ringing early morning and thenwalk into the office and slammed until after hours...

    It is increasingly clear that right now I can't properly focus on trading. I am sure some of you that read this journal see me slipping... and I certainly see it! Lack of time = lack of focus which then means mistakes. Most likely will need to be on hold until the end of May.

    However, last week I had an amazing trading experience which reinforced what I am lacking. My psych coach unexpectedly reached out to me in the middle of the trading morning, and asked if he could just watch me trade and give me a few tips. Out of that 25 mins or so he pointed out a few things:

    1) Tensed up shoulders.
    2) Occasionally holding my breath
    3) Worried about taking a loss

    He then gave me some live coaching and had me doing a different breathing exercises and putting on trades when I wanted to... which he then talked with me about what I was feeling and that helped me just to stay calm. It was really good. I got into a space where I just was relaxed and not worried about the outcome. I let the trades work out... and there was little if any stress. I could make the proper objective decisions.

    This has forced me to recognize that the state that I am usually in when I am trading IS NOT going to allow me to be successful. I can read the market really well, I can see the setups clearly, but there is this other part of me that gets stressed about the outcome... the losing... the losing day... the failure. That part is killing any chance of being successful.

    This is what I have thought about now for about four days. What in my life, my thinking, do I need to change in order to be able to trade in that state I found myself while being coached?
     
    #726     May 10, 2015
  7. Yukoner

    Yukoner

    Agreed RN. I was only trying to update the journal. Thanks!
     
    #727     May 10, 2015
  8. Redneck

    Redneck

    At least you know it within you - although buried deep and covered up by much


    How to uncover and bring to the surface

    Fact YK - this could become real frustrating..., real quick - more so than it already is

    Its the..., I know I can..., yet I can't / I'm not - forlorn & sickening feeling


    Any possibility your coach can spend a solid week..., or better two - with you as you trade

    Providing external guidance / reinforcement

    Otherwise - you're going to need to step up and provide similar

    RN
     
    #728     May 10, 2015
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  9. Handle123

    Handle123

    just woke up in the tub and forgot to post earlier. Yea, had an incredible night of party/drugs were incredible and woke up in the tub, wahooooo, actually just closer to the head......have the big tarp out, just easier day after treatments.

    Moonmist: As you can see, not always chop in pre-market.

    No Starbucks today.
     
    #729     May 19, 2015
  10. Handle123

    Handle123

    New Bright day, then come and trade tight chop, using stop AND limit, when Bollingers are tight, so is profits, adapt to take out less. When BB expand, go back to normal targets. ES and ZB was more fun than this, nice quick drop.

    Feeling able to go to Starbucks, whew my day is done, might come round for FOMC and trade around that on ES/ZB
     
    #730     May 20, 2015