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self coach trading
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self coach trading

  #211 (permalink)
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mind issues

i am more calm now
i was watching the markets and i planning to continue the learning process
evidently one key is watch objectively the markets, and not act with no control

i was testing how can i hold a winner

i was testing, the problem to hold the winner and not close it early, i tested in nq, waiting a location, enter and once in, for several reasons, i exit before, cut them in this way , do not let me take nice winners.
i was trying to think, why i want to go out now, and not go out, thinking how the mind works.
but i remember a lot of times than go up and become a loser.
i got some zn , with nice momentum, than i let it run a while i write on the journal

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself

Last edited by alejo; July 19th, 2014 at 05:22 PM.
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  #212 (permalink)
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trainning me with focus

this last month, i was listen to ft71 prep daily, doing the job to think first in my prep, focus on watch objectively the markets, while i patiently wait for possibles setup, replaying the week, pre atention to vol profile.
and starting to do some trades
and try to observe myself
main topics to deal
patience
easilly can overtrade
hold winners

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #213 (permalink)
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alejo View Post
this last month, i was listen to ft71 prep daily, doing the job to think first in my prep, focus on watch objectively the markets, while i patiently wait for possibles setup, replaying the week, pre atention to vol profile.
and starting to do some trades
and try to observe myself
main topics to deal
patience
easilly can overtrade
hold winners

Welcome back, take care and slowly, slowly catch a monkey... maybe promise ONLY two trades a day?

Travel Well
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  #214 (permalink)
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alejo View Post
after thinking about that, tomorrow I will start a test, i will work in my job 100% all day , stay with the family, take the dinner and after that, only i can watch the markets at 2100 till 2215 spanish time
1500 till 1615 ET, that is the close.
In that period the index markets move, i do not know if 6e move, also i do not know how tired can i feel.can i daytrade with 1,5 hs?
with this schedule the time is limited per se, i can not continue trading several hours, or giving back.
i think theres one or two possibilities to trade
also i can analyze the markets for swing trading with m6e, if 6e does not move
if i have time , some days, during the day ,i use only to read/study, not stare at screen



good luck! take is slowly. you can certainly day trade around the close, forget the 6e, check out fesx if you want to trade europe. very easy trading in fesx and even dax two hours into close (at 2200 CET) 1-2 setups is all you need

Trade to live. Not live to trade.
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  #215 (permalink)
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coin toss comparisson test in NQ

it is very easy for me go back from waiting and try to be objective to overtrading, or stare at the screen , and p/l up and down, and get lost again deciding when or how enter, or even jumping to others instrument where i think ,oh here i have a good opportunity, specially after the nice winners
even when i have set -300 daily limit, it is easy to go down several days in a row, and give back all the previous day. all in an emotion based environment


then with the purpose tu learn in a more long term perspective and a more statistical approach to grasp another perspective i go to sim to analise some results
and if the are ok, try to repeat it in live, respecting the rules,

on 28 ago i have started a test:
on sim s5, the coin toss test,

target 24
stop loss 8

and in sim nt, i made some trades with the same R/R ,and the setups could be
-after go to an extreme and reach important level, according the PA, play back to mean
-after breaking IB pullback to ib
-after new hh or ll, pullback to mid or vwap

to compare them

i was shocked for the result of coin toss
all day in market, with a random entry , one after other, and i see that they are veryu good
see in the long run.

the details of trades i write on my journal

https://futures.io/elite-trading-journals/27399-alejo-s-trading-journal-35.html#post430189

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself

Last edited by alejo; August 29th, 2014 at 06:49 AM.
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  #216 (permalink)
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observe myself

in this test i can see:
more calm
more relax
more detached from the outcome
more objective
also not stared anxious to the screen

is this the money?
is this the risk per trade issue?
is this fear of loss?
is want to be right?
is this another thing?
is everything?

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #217 (permalink)
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coin vs me

i do not understand how 8tick stop loss look very small when i enter the trade, mickey mouse trade according
@mfbreakout, but when i executed the orders from the coin, although, buy sell at markets, at the end the day, some of day worked very well, ie 8 tick sl works

the situation of buy ,sell with bracket 24/8 and do nothing is very calm, if i compare with stare anxious at the screen try to imaging what is next, what does her do, continue, come back, bout, etc.

all the times i went live, always touch the limit, independently of the the up days, i finish underwater on the longrun(not so long sometimes)

i think i can select higher prob entries, better than the coin algo, then in the long run my results must be better

but in the other hand, if the best entries, most people do not see them, (me too)
with the coin algo, i can catch them in the randomness entries world

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #218 (permalink)
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first preparation

as ft71 says , it is necessary to have a preparation before the trading date

here are my first preparation
30 min chart
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700vol chart
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prep
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La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #219 (permalink)
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execute the hypo

i wait , wait, and it look the hypo 4 is the only available,
ok go down, break ibl
trade1 -4092.75
mfe+17
stop out -8

and after that i made 7 counter trend trades,fading the trend
(because i was thinking the trend is up???
only one, the last was winner

7*-8
1*+24

the key trade could be a short from the start....but if i reach my hypo4 could be
fade the pullbacks, but i was thinking , now bounce, not
now bounce, not
then , i was trading my thoughts, not what i was seeing
also in price action, i see patterns , but i overwrite with my thoughts

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #220 (permalink)
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objective look of the market


yesteraday ,quickly i lost the objectivety,

my preparation for today

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see what can i do today

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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