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self coach trading
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self coach trading

  #351 (permalink)
Elite Member
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fyi...MRCI's Inter-Market Correlations

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  #352 (permalink)
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correl upto24dec

correlations excell

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panel sc
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correl basic
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30days correl mrci
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what s happens here
break out or retrace
are acumulating or distributing?

one doubt i have about a dx correlation spx
the paper JPM from 2011 say dx is inv correl spx, because when risk on come , funds sell dx to invest abroad in emerg mkt

but lately they look positiv correl

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also it look posit correl zb and spx
and bonds spx
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and if int will go up, then dx go up, but zb go up? i think if int go uop zb go down
and bonds usd
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i was wondering if all this things is to understand the why

but everybody say trade what you see, and later see why the move occurs

is it posible to realize why before trade?

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #353 (permalink)
Market Wizard
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alejo View Post
i was wondering if all this things is to understand the why

but everybody say trade what you see, and later see why the move occurs

is it posible to realize why before trade?

Very good question! Wish I knew the answer.

Bob.

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  #354 (permalink)
Trading for Fun
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alejo View Post

i was wondering if all this things is to understand the why

but everybody say trade what you see, and later see why the move occurs

is it posible to realize why before trade?

"trade what you see" for me means that just accept what you see on your charts without really asking why. just realising what is really happening is more profitable in my view than to understand the "why"s.

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  #355 (permalink)
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correlation 26d

i see mix signals, down some /up some
it looks like trying to go down this morning, but nothing serious for now

after the reading of lazlo b. book i want to go long with the trend
now reading the victor n.
i do not understand what happens with the difference between usb/ zb?(USB at $150 in stockchart#14 t vs zb H15 at $143 future? is that difference possible or there is a mistake? ask @tigertrader

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La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #356 (permalink)
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correl30dic

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some contradictions again, some divergences,

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #357 (permalink)
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correl30dic

waching all day the market is hard exercise
filling the excell and studying the EV take out the urgency to trade
waiting is one of the most dificult thing
more time studying and waiting and less trading will be benefitial for me
also with es it look like slow motion compared with nq

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the divergences increase and some signals look like start to sell

i made a short trade yesterday that work well today

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #358 (permalink)
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correl31dic and i crashed again and i wake up again

correlat
simple1sc
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panel sc
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int
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correl tt
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well i could not followed the slip from 31dic, but when i check the correl, i notices that usdjy went up, strange i think
also tick cum end up
mclellan ok went down
vix /icj went up ok
trin very up ok
put call ratio a little down, strange
bond equit wider ok
2yrs vs 30ys i do not understand yet where from come the values, and why so dif (maybe cash?)
credit spread up, ok
hyi down ok
rinf tip i do nopt understand yet
zn yield -div sp500 yield point down ok
dbc at low, i do not understand yet
emerg mkt sdown ok
low beta down but high beta not down a lot ,strange
sector tech xlk lowest
ratio bond:spx up ok
above 50ma 75% form81.6
trading on down of pascalchanel, ready to break down?
next target 2030 based on vp


now the real problem
my story

while i was wachting the market, i was calm, under control
today i made the day9 of my combine2
i made to finish it, i have 2 more days, and i need to do it today and friday

the plan was good at first
short 2080 5 lot with 3k risk

but i have started to think strange things, while i was waiting this trade, i can try some bets on cl, gc?
go to trade and lost,
then a chain reaction start
i want it back
i forget the risk? or took it anyway, because i break the combine rules, then the only good thing it is dreaming killer
is the same than on all others
i lost the respect and digging the hole with me inside
same story, same end
with a new record ATL 9 losing day in a row ,touching the limit
is this possible?
i am stupid?
how can i start thinking ,only es and then jump to cl, gc?
evidently i think i can do something i can not do it...yet
one and other time the same
i need to....i do not know what
how can i pass that test, ?

waiting for the very high prob trades, very dificult to do, because i think i am in front of that opportunity but not
start small
add to the winners
i a have 4k5 mdd, and 3k maxdll, and 10 days
if i risk at first 700 trade 14 es point 1 lot
i can trade 6 losing trades in a row max
i need to choose the proper mkt condition (trending)
if the trade will go good, i can add to it,
if it go bad, i can scrath it ,avoid increase risk than planned
if i win i can repeat the process to go further away form that limit 4k5 to have more risk to trade ,and use when the righjt chance appear,
stop for the day?
reach 700 or 2800?
better 700 and come tomorrow or find another day, another opportunity
the overtrade, emotion state kill me for sure
the key will be, when i lose 1 lot, when i win more size, bigger better
but without increase my max allowes risk
it is bloody difficult
for tomorrow
i want to short this market, but the good entry it is not now(the stop i need is more than 30p), i need to wait spike up
and fade , if supposed that the right direction now is short
but i can not pre guess
i need to see tomorrow
once i enter , i do not have to start betting as a crazy each chart that moves
also is the tf i use
i want to practice the right things are good for me to learn to trade
but i do not know which are them
or i can not do it?
or a mix

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

Last edited by alejo; January 1st, 2015 at 02:53 PM.
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  #359 (permalink)
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trading goal for 2015

well this 2014 was a year where i have learn a lot and practice a lot, also the year i have lose less
i am receiving more hits from the markets than i thought
i left behind and for ever scalping
I left behind small stops for ever
I feel ok with SI SO

i have realized a lot of thinks thanks at @mfbreakout, @tigertrader

i am downgrade my goals for 2015
no rich for now

i need to pass several barriers i have:

learn to be more objective
wait for the better trades possibility
control my self in the losers (to exit)and the winners (to staying)
not became emotional and out of control
not overtrade
respect the risk rules limits
learn correlations
learn to read the market
learn to read the market as unfold
learn to manage risk
pass the combine150
upgrade the combine to 450
i will trade ES
not go to other market after i learn this

sub goals
now i have my trading room, i need to improve the hard/monitors, data providers to see at a glance all i have splitted

checkpoints feedback
re read self coach and find how to track the improvements in the previous goals

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #360 (permalink)
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madrid spain
 
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nice start of the year


i started trading only es and i do fine almost5k (it was the onlyu winner day from 10)but unless i finish -22k and not -30k)

correlations
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maybe it was a bounce on mvwap
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my charts for focus on ES &correlations only:
m w d
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poc
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correl panel
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internals
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wvwap
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dvwap
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3tf
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obv
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30min vp
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ladder
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the new correlations from gary
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2500v
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and the efective volumen site

i need more screens/pc/ups

the trading plan to try to pass the combine150k
i need to modify
only ES
start 1 lot to test
risk max $700 initially per trade&perday
5losers in a row max posible, then i need to have some winners day and big winners day
SI SO
adding to winners

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

Last edited by alejo; January 3rd, 2015 at 08:05 AM.
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