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self coach trading
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self coach trading

  #381 (permalink)
Elite Member
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combi 3march uptoday7

this week was very good.
i am working a lot
less time to screen
more patience
less trades
more objective
fantastic results
i need to know how i do this to repeat it, and see if it is not luck only

first i am using 1,2,3, max 5 lot
i test first the idea
press if it goes good

i am using 60min and locations to wait

less screen
less trades
siso
press
staying in winners more time
exit or reverse if it goes bad
calm and relax
trust in the decision
dont botter the noise
i am more comfortable fading pb
thinking in how the market try to take everybody out
like riding a wild horse, stay on the moves, think in the main idea

the combi is upto day7 6w/1l (average time in trade 1h 38m)
3/3 1 +2200 3tr
4/3 2 +2900 5tr
6/3 3 -2462.50 8tr
10/3 4 +825 1tr
11/3 5 +1337 3tr
12/3 6 +1000 2tr
13/3 7 +2412.50 1tr

performance
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i think it is fantastic
and surprise me

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #382 (permalink)
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finish and pass the combi 3 march

well i could get it

this day,the last day was a bad trading day, because i was watching the p&l to reach and not let it go below 9000
but in general was very very good for me
very objective, i did it, patient
and i did a lot of mistakes also!that is good, to have room to improve
next i will try again the combine , the 4th, but with more practice , 4 month
and i know now the size/risk swings behavior
to reach the goal i need nice days, start good, and finish better
maybe i could not reach at once, but if can be inside parameters, and re try, that woud be nice
i need to choose the tradings days, i will lok the calendar in advance for red news
maybe because i am working a lot now, i take out pressure to trading, and that is better
sim to combine, first step,

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La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #383 (permalink)
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Good work, Alejo, I think improvements are clearly visible to anyone who had been checking out your journal from time to time. Keep it up!

Trade to live. Not live to trade.
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  #384 (permalink)
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gracias


xelaar View Post
Good work, Alejo, I think improvements are clearly visible to anyone who had been checking out your journal from time to time. Keep it up!

thank you
I appreciate very much your comment

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #385 (permalink)
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the 1 hour diference finish

this week i was working a lot, also i am setup the new hard environment, and , we change the daylight hour here, to let me stay at open.
this week is main holiday, then, i look next to find what day start the test.
i made 1 trade with a pos short 2096 with av 8 lot, holding a couple of days, and i was holdin more than 350 points open, it is a diference holding on an close it on intraday really.
i can not pos it because the i shutoff one server from i was that sc version, and in the new one is not there now, i imagining i can recovery on the new installation.

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #386 (permalink)
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heating engines

i almost finish, the new setup
now i can see much better the charts at once

i was watching the markets, and feeling what s going on, each and every day
having an idea for the week, and contrasting with the reality

this week i made 2 trades, 7 and 9 april and was very good

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i am thinking and planning the combine 4
i need 10 days from 30

i need to choose nice days

and the first goal it will be staying in the parameters

but if i can surf a nice wave, the money can flow

i need to be patient

waiting

understand

and hold when i am in a winner

now i am realizing, that

more than 4hours of holdings

and if i can hold for severals days , better, but the restriction to close at 310, and re open at 17, needs to be selected carefully because i can consume 1day in that.
only recomendable in a nice move

i choose start in 22apr to catch nice news, start with g7, unemployment, in first week
second with fomc, third nfp, nice reds, ecb, fomc, 4th cons sent, and last minutes

nice 30 days i think

the mkt coiling, ready to move

now is my turn, what can i do with this movement.
on the past nothing

now, i need to wait , and do something, (very diferent)

the higher tf view, help me a lot

now, i know the the risk managent for that tiny max dll and max dd, it is dificult , especially if the first 2 days start underwater

and the last days is criticall also, if i am near target

the situation to think in the p&l is not good

the key is to stay on the good trades

and do not lost the control

for now, well done

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #387 (permalink)
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Alejo, What an amazing thread you are running. It is very impressive you are putting your thoughts down.

Few questions when u have time to answer.

Can you please explain this:
packages, they need to be mult of 2 and 3 for the famous hald and third to scale in out add
basic 6
3+2+1
baby step 12
6+4+2
intermedio 24
12+8+4
TTlarge 54
27+18+9
extralarge 108
54+36+18
monster 540
270+180+90

I was trying to figure it out and it doesn't make sense.
Is any reasons you took $150K combine and not something smaller?
Are you trading Spread? One of your charts has multiple products in it. How do you use it?
You almost made your target profit on Day 3 crazy impressive.

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  #388 (permalink)
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tr8de View Post
Alejo, What an amazing thread you are running. It is very impressive you are putting your thoughts down.

thank you for your kindly words

Few questions when u have time to answer.

Can you please explain this:
packages, they need to be mult of 2 and 3 for the famous hald and third to scale in out add
basic 6
3+2+1
baby step 12
6+4+2
intermedio 24
12+8+4
TTlarge 54
27+18+9
extralarge 108
54+36+18
monster 540
270+180+90

the main characteristic is all pack are divideable by 2 and 3
why, to scale in and scale out by 1/3, or 1/2 or according to circumstances, only risk 1/3 or 1/2
and when everything is aligned go full pack (risk the max)
this size is in relation with the max dd and max dll


if i can train myself with the basic with 6lots
later , when i have more money,(and i can risk more max dd and maxdll), i can do the same with the next package


I was trying to figure it out and it doesn't make sense.



Is any reasons you took $150K combine and not something smaller?
1)for my previous practice, i wanted max dd of 20k and max dll of 10k, to swing nice size.
as you can see, with the combine parameters for do that we need a combine of 750k
the max they let as a normal is 150k, then i want that, (i considerer very tight the max dd 4k5 and maxdll 3k, ) but this is the rule.
2)to run 150k the real risk is maxdd 4k5, if you want to earn something, you need to risk , i think the goal 9k is high as a test, but reasonable to reach, specially if i can increase max dd , with the cumulative earnings, that allow to multiply what i risk, then, what i can earn.

with a tiny combine , you risk less, and less, but also you work more tigh, and the goals are smaller.
if they are going to fund, it is better that fund with more money and more leverage.
I think their function is provide more money and more leverage we can get alone.


Are you trading Spread?

no

One of your charts has multiple products in it. How do you use it?

whatch the correlations, and how they move, to try to get a better idea of what is going on

You almost made your target profit on Day 3 crazy impressive.

thank you , but think , the key is how much can i keep and this is not a sprint, it is a marathon

i hope it help

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #389 (permalink)
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start of combine4 this week

well, i am on the week to start the combine 4
i was preparing this months
i think i am ready to manage it better then the previous.
specially with the patience.
i left behind the urgence to act, to recoup
The market is there. I am learning
i accept the time i need to learn, to incorporate things
I am watching one market, more longer time frame
I am watching it with patience
I am learn the power of size and how to manage it or control it
I recognize how the market moves and it is not surprisingme as before it did
I analize more than 50 charts of correlations every week to try to understand better
I can watch a lot of things now, i feel comfortable what i am watching, and i can recognize the change of movement, and specially how it moves.
I like to stay on the right side and wait and see how increase the position and the gains.
I have prepared myself more time studying and watching markets than time in trading.I know it is right.
I like my platform now, it is the platform i dream, and i use to say myself, when earn money i will buy it, but never happened, now i know i need to invest before to earn
The same with the data and services, and the time and the effort
I know to execute it without thinking in how to execute it
I know my reports and statistic and if i doing well or not
I feel a little nervous and i recognize, the same with the anxiety to exit from a winner position or the natural pressure to continue with the losing position, and i think i will be able to recognize and manage them

Are all the above things enough? I do not know
maybe, i hope so
it is a difficult test, tight and not let too many errors and maybe i will not be able to capitalize the movements. I will try, when i will be trading.
I know the first two days and the last are key.
the first to avoid to reduce max dd
and the last because if i am near goal, you can fail on the last one.
i will try to make an extra effort to not think on the pl, it is impossible in this test, but can affect a lot
if things go good, whatch the overconficence
if things go bad , the goal is accomplish the rules. It will be another chance to reach the goal

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #390 (permalink)
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Posts: 16 since Feb 2014
Thanks: 11 given, 20 received


Thank you for your reply.

i'm looking forward to see your progress with your Combine 4.

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