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Gary's Place

  #31 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011




Ego is the wrong wolf

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  #32 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

"Don't play what's there, play what's not there." -Miles Davis

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  #33 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011


Anyone who thinks trading is hard should try it with a cat that chases anything on the screens that moves... I put him down, he gets back up, I put him down, he gets back up, I put him down...

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  #34 (permalink)
 Eanderson1956 
Paradise California
 
Experience: Beginner
Platform: NinjaTrader
Trading: NQ
Posts: 11 since Aug 2012
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Thanks Received: 12

Gary
The answer to the cat is to get him a screen of his own. You will just have to refrain from chasing anything that moves on it LOL

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  #35 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011


Eanderson1956 View Post
Gary
The answer to the cat is to get him a screen of his own. You will just have to refrain from chasing anything that moves on it LOL


I tried that. I first gave him the laptop screen, disabled the touchpad. But he lays on the keys and does random things out of nowhere.

Then I gave him his own screen. That worked until I wanted it for something I was learning, wanted a side "scratch pad" I guess. But he was also interested in a scratch pad.

Now I try to divert him to the trade screen when I am chatting, and to the chat screen when I am trading. But he has learned to be most interested in what I am looking at...

I want him to be a trader, so don't want to discourage him. But at the same time, I need to be left alone when trading.

How is that for an answer?

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  #36 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

He lit me up tonight, then went right back to napping in my lap. Blood slowly forming a drop off my finger, I admired that, and petted him. He was feral, still is to some degree. But he is reasonable. LOL!!!!

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  #37 (permalink)
 
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 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

If I am "Do Not Disturb" on Skype, I am in potential trade mode. Not necessarily in a trade, but just relaxing into it. But I am online if it matters. Best approach is a text. If I blow you off, it was bad timing.

If this is (will not list), downplay this message. You have to know what I am saying.

I like talking about trading, enjoy any part from learning to teaching, but it has less of a place in the trade. We will no matter what always trade alone.

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  #38 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011





And since it will not delete, pumpkin flax granola sauteed in irish butter, covered with butter beans in cayenne, kelp, dulse, and chili powder, topped with chopped cold arugula.

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  #39 (permalink)
 
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 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

At some point, the emphasis was exits. Then it became entries. Then paired entries and exits.

But good entries have so many more options.

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  #40 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011


I got invited into a trading room today. It was a slow day, I had my trade wishlist set, said "sure". Called two trades, about 30 ticks each, signed off. Got ready to go learn to surf, we had 2-3 in Cocoa today, minimum I have been watching for. Summer sucks for waves unless there is something tropical.

So just before I walked out, I saw a few questions in this trade room about why I did not post charts. I said something that was true, but felt cocky.

"I just "know" my market. I have posted charts for years, but that does not really matter. No indicator can save you".

That has nothing to do with me having any guarantee of success. It does not mean I know how far a market will go.

It means, I know when I have an edge based on me. How I view things. The experience I have.



Some people will ask me "How many contracts?" My thought is, who cares?

As many as you feel is right given your risk tolerance, account size, and experience. But never is any one trade better than another. Some have faster expectations for completion. Some have greater risk to reward. Some have high percentage probability.

But more important than any of that is survivability. Maybe a word I made up. It means what it sounds like, but also means, it is not about the money. It is about being a skilled trader.

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