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Gary's Place
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Gary's Place

  #131 (permalink)
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I read some more pieces of past journaling tonight. Not for me, but to help me prepare to be a mentor.

Those of you who have traded with me already probably agree that I do not have a "system", I simply listen to the market and respond, stay calm, truly expect to win, do not sweat losses, etc. Very tough things to teach in writing.

I read a few more notable moments, but nothing that seemed appropriate.

There are two more trading days in my first month of full time trading. I have had two losing days so far, one for $100 something, and the other for $900 something. So far ZERO losing days during introductory skype calls. I am seeing that when I am advising about a trade I am far more conservative. I think that is from all of the experimenting I did on my own. I am likely to continue that, but not likely to recommend it. lol!! I may know I am good for the day, then start taking trades that are iffy, just to experience them. Horrible on my performance reports, but I have fun.

We missed a great long this morning, I saw it, said we would take it, but then I was so slow from drinking last night that it came and went, and I completely missed the entry... Great example of why these calls are where you are interviewing me.

I don't really care. I have been feeling like I am on my first vacation in 5 years as far as trading goes, and am still here in my chair. Just so relieved to have broken through. I struggled with some emotional issues related to my past for a long time, but never quit working on it. The technical side has been there for much longer, but I kept weaving in and out of it due to my mindset. Exhausting work, trying to decode yourself.

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  #132 (permalink)
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22 Reasons Why Starting World War 3 In The Middle East Is A Really Bad Idea | Zero Hedge

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  #133 (permalink)
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Thats Great. One Month


Lets see your last year

If you always do what you have always done you will always get what you have always gotten.
Celebrate because you executed your edge. Not because you won.
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  #134 (permalink)
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Patrick S View Post
Lets see your last year

why? I have posted here for longer than that. Go see for yourself where I was, what I did, where my head was.

I am not selling anything, I am offering a chance to trade with me for awhile. I will tell you right now that I nearly quit trading last year from a major hit. It is all documented.

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  #135 (permalink)
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If I don't have your email, send me yours. Mine is garydavis@cfl.rr.com.





(Thank you, thank you very much... )





See you on the field


Last edited by GaryD; August 29th, 2013 at 03:20 PM. Reason: changed my mind, this is easier for visuals.
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GaryD View Post
BLOW ME


(just trying out two options)




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  #137 (permalink)
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He wasn't so bad last year..


Patrick S View Post
Lets see your last year

Actually it seemed to me that Gary traded pretty well for the most part, last year. He appeared to have many consistent winning days. He, of course, had that one unfortunate day where he had a lapse of discipline and didn't take a reasonable stop on a trade..but for the most part he seemed to trade pretty well. He had some demons perhaps..but his overall technical skills were sound.

Failure is not an option
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Net 66 on this call. We took a couple longs trades, one at the edge of prior TPO value from Tuesday, as the market had shown evidence of correction behavior, and another after the initial burst of shorts getting blown out.

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Last edited by GaryD; August 30th, 2013 at 12:50 AM. Reason: 1) CORRECTION 2) trades marked
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lancelottrader View Post
Actually it seemed to me that Gary traded pretty well for the most part, last year. He appeared to have many consistent winning days. He, of course, had that one unfortunate day where he had a lapse of discipline and didn't take a reasonable stop on a trade..but for the most part he seemed to trade pretty well. He had some demons perhaps..but his overall technical skills were sound.



It was worse than that. I had a low psychology point and continued to add in on a loser that day. I was completing a bankruptcy, living in a house that the bank owned, working in multiple states and trading every moment I was not, my mother had passed away recently, I went off some antidepressants... AND, I was struggling with concepts of FEAR, RISK, and UNCERTAINTY.

Nearly ended my trading.

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GaryD View Post
Just so relieved to have broken through. I struggled with some emotional issues related to my past for a long time, but never quit working on it. The technical side has been there for much longer, but I kept weaving in and out of it due to my mindset. Exhausting work, trying to decode yourself.

Gary,


Congrats on your success... I have been working on decoding some of my issues from the past as well. These are some of the major things holding me back...Could you enlighten us as to any of the methods, practices, etc that were instrumental in your success in changing your mindset in trading? Was there a pivotal moment, event , or method that made the most change or a gradual change over many months /years and methods?

Thanks,

Wolf

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