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self coach trading
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self coach trading

  #341 (permalink)
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combine2 150k day6

the initial idea was to trade in the way i need to start a combine, light and a little bit to a a little bit
with 2 lot or the 5 lot so strat, to see if i can do it
i start relatively good,
40p before open
and in the open i have 57p open!
where start the problem?
when i continue adding to this trade, after i realized that is not more valid the long idea, i see going down, when i see the P&L going down, ...i do not want that
where theproblem was out of plan:
and i add +5at4203 , bad, bad, first is far a way 20p from entry and i increase size, that is out of plan,
i could see almost-100p p&l
flip and took nice profit, but exit soon and size 9l out of plan

a bounce from bottom (with 2 lot ok)and a fade mid, ok (5lot with SO)i was up+40 again
but is like i can not make a pause and see what happen, i do not want to lose any chance
and i am impatient to recover
but once again a finish for an external maxdll
in the middle of the drop i see the hvn 4145 as a target, if it break down, as it did, i was influenced by the big push up , and the preopen and open, but i cpuld not see upto late.
it works faild a up, and adown, trend day , but ,but,but...
when i am in, i distort it
i need to focus, in reduce size initially, read correctly the direction



today i start to build the stockcharts to trying to learn correlations in the markets
and see if it can help me (to read market, not to execution)

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #342 (permalink)
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combine2 150k day7 and day8 recap

yesterday from+7k to -3k 10k down , and today straight to -3k i got 8 losing days in a row to full amount, i am -25k
i am trying to trade with 2 lot , but if i win quick ,as yesterday 4k, then i swith to recoup mode, and go for a bad way
today i start bad, and did not exit soon and then went to trade cl (160tick stop), making more complicate (and i use 2 lot but reach maxdll again)
i know i am down 22k, and it is difficult to imagining i am in 0
I have detected serious problems to work on
the risk managing/sizing i am doing is horrible, the use of size scale need to be compulsory, is logical to reduce size
i lost control when i start to seeing decrease the P&L and try to recover it: is an atomic bomb
i do not want to set a profit target for a day tolet it run the p&L, but if i have it i can avoid this attack (maybe)
i risk everything , then i can not last for 10 days
i see trades everywhere, (and i enter on them)
i am not waiting patiently
I reverse a lot of times on the worst places
I got trapped a lot of times in bear bull trap, chasing, selling bottom
I am not thinking how much i am risking before enter
I am thinking all the time on the P&L with this tide MDLL MDD,specially when start underwater is dificult
I like to fade a lot and try to pick top/bottom and i realize the cost for doing that
I do not feel pain when lost, and i let to increase the loss, if i have little room , then i am focus in that

i need to solve the previous list

and:

how can i trade with 4500 ?
how many trades can i do?
how many losers in a row can i do?
what happen if I go -2000? only left 1000
and how double 4500 risk in 9000target
i need to start small ,wait for very good trades and pressing the winners, only if i go green

if i left aside at first the 9000 target, and i focus to be positive on 10 days, could be a first step
risking 800 , i have 5 trades it look too much, because
risking 400, i have 11 trades
key problem is the first day
and the main issue how much i can get of each one?no risking more than that
if i use 1 lot to build profit and adding lots
and i need to control to avoid to add more, to risk more ,revenge, want to recoup and so on
on top of that , learn to read the mkt, be patient and select the real opportunities
a hard job for do it

let see if unless i can try once more time if i can use the last 2 days i have as they were the first 2 days of a new one
but first i need to think and write on all this issues

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  #343 (permalink)
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Is this cash or Sim?

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  #344 (permalink)
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Big Mike View Post
Is this cash or Sim?

Sent from my phone

I think it's a TST combine. So SIM.

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  #345 (permalink)
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it is a combine


Big Mike View Post
Is this cash or Sim?

Sent from my phone

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La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #346 (permalink)
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correlations and reflexions

i was watching only the markets today, and doing something about correlations
i try to re build the correlations that @tigertrader has show in spoo thread

i write down on excell EOD
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but it was very problematic to try to follow with stockchart during the day, once i learn a little bit i try to set upon SC or tradestation

also in sc i find complex doing the correlations charts
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it was difficult at first not jump in to trade, but, for what? i have tons of examples that i do not know do it, and i could not benefit from the large moves, neither the short ones

the best winners i have done were trades holding a couple of days, after a deep pb, then buy tail, how can i repeat those?
also i was calling some trades as opportunities trades, nice winners, sporadic trades, that they did not come from executing some strategy, they come from to watch some markets, see the opportunities, execute and nice trade
and the key word is waiting and be patient

as gary said, watch , not trade
study, learn planning then trade
time study, learning ,planning need to be more than time executing trades

when i see the 4tr i can think i have a lot of trades there, but not, there are not there

also is true, theres s low, and a high and huge opportunities every day

i am not able to see them

also i hear ES is very difficult to trade, it is easier and less ris NQ
then i hear AAPL is 30% NQ, then more risk for aapl events
thin market is easier to trade, because speed but also more risk, more manipulable, and less scalable

but i think all the daily prep that ft71 do in es can be benefit to learn from that
all the correlation i am traying to learn and correlatede with ES

I know indexes are correlated but who is the boss? ES

if i do not want to scalp, and i want to trade the nice moves, what s the problem,

I choose nq because i think was less risky, easy to read

the results are showing me that i do not know to read it yet

maybe i can go to es

the problem are the same, execution, patience, understanding the markets/correlations PA

i like the volatile markets, and i am atracted to the speed easy to make money, but what is the real results? quicly losses, whipsaw,

then is not the market in the long run

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The fight is fair against oneself
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  #347 (permalink)
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correlation cl es

well i can duplicate the tt correlation
let see if decoupled...
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  #348 (permalink)
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19dic some doubt with cum tick

today i did not trade

i try to set up the stock charts on win 8 to keep a window open

the correlations, i have at the moment
i add the OBV, i was thinking in Op int, but i did not found on stockchart

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i have doubt with the cum tick chart
almost last every day close at 32k in daily chart

for example this is the close of yesterday

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but when i see on the intraday chart (i set to min chart, fill all the range ) i have readings more higher +100k, how is that possible?i miss something...gary?@tigertrader

thanks

correl cum tick 1 min:
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La lucha es de igual a igual contra uno mismo
The fight is fair against oneself

Last edited by alejo; December 20th, 2014 at 06:46 AM. Reason: add info
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  #349 (permalink)
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continue adding correlations

no trading only watching
uptoday i have these correlations to try to learn from them
i have built the charts on stockcharts and i try with pack with nyse data to see if they are more accurate tan basic data
i need to see if ican build this on Tradestation or Sierra or NT to follow some of them on real time because with stockchart is very complicated with the browsers to adjust Windows to manage the screens

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from yesterday,
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  #350 (permalink)
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correl23dic and readings


i have added more

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continue watching and seeing if i can find out how does it work this
i am diving in the spoos thread to find out correlations Gary posted them and try to duplicate on stockchart
in the middle of the darkness, i am going to Read a couple of books recommended by @tigertrader
the master trader ,birinyi
intermarket analysis, j.murphy
intermarket trading strategies m katsanos
currency trading and intermarket analysis, ashraf L.
the education of a speculator, victor niederhoffer
i am finishing the paper rise of cross asset correlations m kolanovic

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The fight is fair against oneself
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