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self coach trading
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self coach trading

  #321 (permalink)
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day2 at 22% and some key thoughts to remember

finally break up and i was not there, although, i was long 4207, and 4230, but i could not hold them
cdr45.75
and i got 37/4=9 20%, horrible day
but, never complain, because always could be worse
tomorrow i can use 5 lot according lpr,(today i use 4 ,it is an excess, i know)
and with fomc maybe nice waves to run
i am imagining the wave, and pressing the winner
wacht the head to avoid day dreaming
tomorrow i have a hard job day in the morning

some things i learnt to remember

if i am not in the market i can not run out money from it
I need to wait, wait, wait and wait
I need to see and resist the impulses from my head "exit,exit...)
be objective, and decide if i feel bad impulse or good intuition
if i am on the right side why i will go out
if i exit soon, when i re enter? chasing?
when i have a chance i have to take the most from it because i do not know when i will have other
i do not trade the noise
it s very important to figure out up or down day
the ticks does not exist, only points, or better dozens of points

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #322 (permalink)
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alejo View Post
some things i learnt to remember

if i am not in the market i can not run out money from it
I need to wait, wait, wait and wait
I need to see and resist the impulses from my head "exit,exit...)
be objective, and decide if i feel bad impulse or good intuition
if i am on the right side why i will go out
if i exit soon, when i re enter? chasing?
when i have a chance i have to take the most from it because i do not know when i will have other
i do not trade the noise
it s very important to figure out up or down day
the ticks does not exist, only points, or better dozens of points

Great list, Cheers!

Travel Well
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  #323 (permalink)
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Trading


Hi Alejo,

" it s very important to figure out up or down day"

The quest to answer above question may become easier if one realize that around 70% of days are neither up or down. They are just rotational. By defination rotational days mean long HOLD time to get paid with lot of back and forth in between.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
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  #324 (permalink)
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trade of day3

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i do not hold enough (i exit for news)but i could re entry

in other trade long i exit soon

i have tryshort??????
i try b/o get trapped in arange
several times...
7trades more...for what? to give back money

today i made things i have not done on the test.

i think i am more scare of fail, and also yesterday was a worry day, i discard for Rithmic errros, but i did not feel well and today i was affected

more chicken than usual

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #325 (permalink)
Market Wizard
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alejo View Post
i think i am more scare of fail, and also yesterday was a worry day, i discard for Rithmic errros, but i did not feel well and today i was affected

Did you contact TsT about the Rithmic outage? I emailed them, and they wrote back that they were aware that the Rithmic data feed was down for about a half hour, and they were treating people fairly who were affected. If you did not contact them, perhaps you would like to do so....

Bob.

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  #326 (permalink)
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combine 150k day5 bad day...could be worse

it is very thin the line between good and bad day

i did not wait
i trade london open
i did not wait
i reach late and i trade quicl, i did not wait
i did not close it when i was wrong
i did not think well where the market go
when i have the chance to reverse ,i did not because i was very married to the bounce to long size
i did use all buying power
i take too much risk i took a recoup trade too big and i get without space to move it
i close at the limit of max daily loss 145.75p

also i was trying to find a location to put a trade to recoup some points to allow me to trade again.
(max 3 points lose!crazy)

i remember how i use to lose big on fridays....coincidence

now i have 1500 max dd trailing stop!, then decrease size again
1 or more steps back

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #327 (permalink)
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bobwest View Post
Did you contact TsT about the Rithmic outage? I emailed them, and they wrote back that they were aware that the Rithmic data feed was down for about a half hour, and they were treating people fairly who were affected. If you did not contact them, perhaps you would like to do so....

Bob.

yes bob i sent severals emails explaining the diferent issues, in this case, those instances were to my favour , that is because i think that day will be null.
thanks

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #328 (permalink)
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combine 150k day6

i was thinking if this week is good to trade, in one hand i hear that seasonally is very bullish, but in other, low vol ,slow

after the friday recovery, look bulish
i enter trade1 4258, and add , but i do not hold to complete the CDR336/42 points.
and in top of that, i made counter trend trade again thinking in range day, max size, and reverse and finish red
very slow grinding up
why i exit soon
fear to come back
i need to work on that

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #329 (permalink)
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combine 150k day7

i was waiting DR bigger than this tide ranges, but how can i know before...
anyway, i was on the wrong side, several times, then this is a major problem
range between orl and poc i miss all of them, holding a hoping to break out
and i loss the real break out at open because i flat my long from this morning bec news gdp, and not reentry quick, and was so slow with the buyers at orl.
all in my hands is the bad and the good news

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #330 (permalink)
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combine 150k day8


i was the long weekend reading the logical trader mark fisher to learn the acd
there s interesting concepts that i have on my charts but never pay atention or used, for example the pivot &range pivot &3 day rolling pivot,
also i need to learn how calculate the a and c distance according each market
i think a maybe 5 points and c 7 points
today i was thinking where to locate a point and in my face the mkt drop 25 points in aseconds....
but that s not was a adown because it s not spend more than 10min there, but could be fantastic
also the failed aup aganst the pivot work well but i did not take it because i wanted to wait to develop 20min
the linenumber for nq with today is 32, it sound too much, i need to investigate when was the date from 0 to 9
the concept not rading work well also
(the Aup trough the pivot work very well in cl i was watching it)

today made 66 points
i have 2 more days for complete it
in general i am more scared to use big size and average down, as i use to do it

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