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self coach trading

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  #301 (permalink)
 alejo 
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i am trading with so much less fear, more confidence, and i want more, maybe this is greed, and i need to set targets and say, done?
i was writing some things for the trading plan, i considerer importants, and i find on this way
see the trend, or if non trending
start small with 1- 3 lot and build
see open, OSL, OSH, OR 1 or 2min?, OR 20´IB, compare with YV, Ylevels
trade well below the max power
target based on CDR
big stops
big holding time
wacht 15min/30 min/60min /240min/d/w/m ,vprofile ,vpoc
vwap, Wvwap, correlation (6j, zb,zn,6e,6n,gc,dx), internals (adr,nvol,tick,breath)
trade with 5min and 4tr

and the main problem,
wait wait wait, be patience
open mind
hear the market
decide what to do and put the balls on the table and hold the position
add and scale out all the way riding it
upto.. cdr target, or major changes on PA
i do not know how do not get trapped yet and exit soon

but in general, i think i can do it

problem on my door, excesive risk and limit drawn down
if i pass this combi eq/targ/maxdd/maxdl 450k/20K/20K/10K
i will try 450k/20k/13k5/9K

and maybe use less contracts

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #302 (permalink)
qwertz2021
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Hey! Does someone advice me a good trainer known in this forum? Too many topics to read (and i'm not an English speaker)

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  #303 (permalink)
 mfbreakout 
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Hi Alejo,

Why this is still " and maybe use less contracts". There should not be " Maybe" when it comes to trading with less contracts.The quicker you understand this better off you will be.



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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  #304 (permalink)
 alejo 
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i pulling the targets because i want more, but at the end , i give back tons, and in some case all the profit
today i was scared with a pb and exit when i can add
later i hold well the trade and suffer severals PB pains
i could not did my plan to go long in the opening when i saw break osh, because i hold my short, instyead of take that profit and go long
i could not always wait wait
i use max position size
i think i made a lot of things bad, i start down -82p
and finally i was in track with one trade,
and the last one...give back everything
then ,there s a lot of room to improve
and finish up almost +140point
then is good
when i compare with my past, losing big and watching in hindsight the day, and thinking how is possible?with this nice moves , i do not get anything
unless now, i can get a little piece
the real score will be compare the profit per contract against the CDR, and the goal is to pass that

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #305 (permalink)
 alejo 
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1-wait wait wait...entry
2-start small ..3 max 8 and reserve the dry powder
3- don t be scary about PB
4-hold the trade
5-try to get higher% of CDR

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  #306 (permalink)
 alejo 
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mfbreakout View Post
Hi Alejo,

Why this is still " and maybe use less contracts". There should not be " Maybe" when it comes to trading with less contracts.The quicker you understand this better off you will be.

i write thinking maybe could be better to use less than 15
but for your comments , it s a should less

for $2000 daily goal i will try to use max 8 and let dry powder just in case, all stay aligned and press it

is this correct?

the problem is
i start and go underwater, then i need to recover , and then i use more power

also a lot of times i give back a lot of profit

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #307 (permalink)
 alejo 
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qwertz2021 View Post
Hey! Does someone advice me a good trainer known in this forum? Too many topics to read (and i'm not an English speaker)

what is your level? advanced?

what is your main problem?

what are your goals?



you can read


as the master guide

i recommend this thread


kind regards

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #308 (permalink)
 alejo 
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i have finished the combi 450k today
last trade +550p


i am done with that, i learn i can do it, i can win a lot, but a big risk and wild swings
it looks too much power by now
i lost the training benefits, i let open trades, exceed max dloss, exceed the max pos size(especially to recoup or i say now i know go with all, and it is not good) , i can not have the cum statistic ok
it s like a game instead of a job

i try to reduce size and the big swings i have
also if i go to do the real combine, i need to learn to scaling acordingly, and this could be interesting for increase or reduce position for security reasons (not as today i reverse 15lot)
lot $
2 0-1500
3 1500-2000
5 2000-3000
10 3000-4500
15 1500-7000
20 7000-10000

then the 150k parameters
dll 3000
max dd 4500
target 9000

let see if i slow down with this tight figures

i will continue with wide stop
but i start with 2 lot (i can not manage nothing with this, i think, maybe is a step back)
and the main plan is
see the trend, trade with it and hold the trade and capture a big % ADR
not trde noise, big stop, eager for points
and let see the results on the statistics and excell
i do not yet how exit to not giveback tons of points, i do not like SO, but maybe could be a compromize

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The fight is fair against oneself
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  #309 (permalink)
 alejo 
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La lucha es de igual a igual contra uno mismo
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  #310 (permalink)
 mfbreakout 
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Hi Alejo,

$475,000 for custom combine may look like lot of money and give trader false sense to trade size. With the intra day draw downs limits and max. draw down, you can not trade 10 lots single trades. It will never work ( at least never worked for me). FOCUS on limits of drawdown. They are quite tight. If i was taking this combine, i will not trade more than 2 cars per trade. Maxium 4 for A+ set up.

Good trading.



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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  #311 (permalink)
 alejo 
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i am building it on the the road , but i think this is i got now




i have a lot of doubts, i need to answer them with my tests
the first one: is a step back to limit to 2 lot the get the first 1500?

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  #312 (permalink)
 alejo 
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cdr 31p!
is difficult with that range
i am thinking
1)i can react in 1min or
2)i have to watch the news, remember
3)i must follow the pa
4)nice entries would be:
+4154 1min or

and -4170 LH

what i miss

i have think to wait to wait till an extreme and there i can enter

but i chase a failed break out

nice thing: when i was long, i see the prob to go down and i do the right thing, reverse
i feel something to sa

also i was holding the trade short, several minor pullback: good

and read the pa at bottom to reverse

new rule to remember to accomplish witj combine
flat at 3:10ct

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  #313 (permalink)
 alejo 
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well, i reach my first step 1k5 to use 3 lot now
i manage very well the trade adding and scaling, specially considering i use 2 lot only
the preopen trade was unuseful, because stall, and in the open the open swing override everything, i could get a better entry for the initial idea

topsteptrader setup my combine for nov17
i need to check how to connect and setup sc before that

also i need to be carefull with the use of stops, and with pressing cancell all button, and set the stop at hand,
i ask @matevisky about this thing, because i am without stop for a couple of second
other possibility is cancelling at hand one by one

overall, i am very focus, and doing the things good

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  #314 (permalink)
 alejo 
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alejo View Post
i am building it on the the road , but i think this is i got now




i have a lot of doubts, i need to answer them with my tests
the first one: is a step back to limit to 2 lot the get the first 1500?

answer: no, i have done in 2 days
it is more rigid, yes, but less risk at initial stages

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  #315 (permalink)
 alejo 
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my goal for today was to reach 2k5 to use 5 lot
but , my open trade did very good , and the today s trades also, then i got it directly to more than 3k then now i can use 10 lots
of course i limit my self to 5, i have 7 more days for 6000 to reach to 9k
better not think in the goal
i need to fight a lot against my desire to exit from the winners...and the pullbacks
but think it pays to do it

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  #316 (permalink)
 alejo 
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i am preparing for the next week real combine, and i am doing thinking in that, and i am surprise how well is doing.
i can not believe it, but i know i need to think in the long run, draw downs, bad periods, etc
but for now i am enjoying this, and i need to watch the problem with overconfidence and the thin line between fail and sucess.
the key is keep calm in both states, winning ,losing,
i am working with be patient, let run the trade, not start big, and wait, wait, wait and wait
the scaling up is going faster. today with 10 lot i cracked, now with over 7k in profit i have a permision to trade 20 lots, crazy, i need 2k more in 4 days, sound easy? but be carefully, i know i can lost that several days in a row
the real combine i can use 15 lot from the day 1, in mine i start with the scaling rules, much more dificult at first, but is the lpr rules
also safety
tomorrow i have a very busy day, i do not if i have time to trade, and on monday the real test.
i need to setup the SC on sunday, because i do not have the keys upto sunday
step by step, and remember the market can be treacherous !

La lucha es de igual a igual contra uno mismo
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  #317 (permalink)
 Itchymoku 
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lol Alejo I was just remembering the first time you sent me a private message and I asked you if you were drunk because I didn't know you were from Spain using a translator. That was funny.

Good luck with your combine, you've come a long way!

R.I.P. Joseph Bach (Itchymoku), 1987-2018.
Please visit this thread for more information.
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  #318 (permalink)
 alejo 
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the focus today was to reach the goal, and i remember that @tigertrader said, i do not trade my equity, my P&L, ....i need to trade the market
but the main focus was on the 1k8 i need to finish, and i made severals mistakes on a row, add in a bad place only to reach the 80 points,
in a minor PB, i flat, and i lost the chance to get the 80 Points
re entry soon...because i was obsessed with the 30 points! i have booked 52 in the first bad trade..., then i think yes , this continue up, 10 points, it is only one more push and disgard the the down option (that i first think, when flat, but deleted with the last push)
and yes, that was the last push....all the times i shorted thinking this is the last push, to realize, not it was a pullback...and now...was the last

to get thing worse, i went out to work....and i find 30 points down the osl when come back!

well, at least, i can fixed, but was a lost day (yesterday i think, maybe is a good idea not to trade because the busy job day...)

but the main issue, was not focus on market and focus on the goal,

tomorrow will be the last day and i need 1k3 , but i need to focus in not focus on that goal!
focus on market, and nothing more, do my best

on monday i start the real combine, and i need to do it as i did this

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  #319 (permalink)
 alejo 
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really it s nice passing this test, it was a double test , one for the combi 150 , and other because was with lprules, and i passed it with the scaling process.
i use max 10 lot except today i press the last trade to 12
but it is overleverage anyway
combi


perfomance



i think the results are fantastic

on monday i will start the same combi but it is the real combine
i will try to do the same like this
but with this guys watching behind me , maybe ,it is a little bit more pressure, but, i am doing all in front of you from a severals month, then, maybe is not diferent...

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  #320 (permalink)
 alejo 
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i was waiting this day and i do nothing, only relaxing.
i have confidence
this morning when i receive the id and try to connect with SC according their instruction, it failed
after the job i try to solve that with SC, i thought, i can not start today
but, finally i get the conexion ok, and i could trade.(i use the session i have with s5 to reinstall other sc, then i miss some charts)

range33 points...coiling
if i need 10 days ,this is not one of the easiest,
i lost the initial sell off.
but was ok, i think the first day could be key for the mind
1 trade, well managed, small size, 4, and up 65p
the goal is 450p
i think i need av100p, but after the test of other day, i start with the scaling plan (more flexible here)

all trade 1

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  #321 (permalink)
 alejo 
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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

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  #322 (permalink)
 ratfink 
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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)
 mfbreakout 
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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)
 alejo 
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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

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  #325 (permalink)
 bobwest 
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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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 alejo 
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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

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 alejo 
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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.
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 alejo 
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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

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 alejo 
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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

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 alejo 
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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

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 alejo 
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how thin is the line between the winners and losers
instead of staying aside of this compress day, i was watching and i felt in the temptation of say, i can scalp this between the bot/top range, and i can enter big size with mn risk, all the opposite i need to do, and the trade was fantastic, but i miss manage, and instead of take 10points, i was waiting for more???, while it find resistence and start to go in the other direction, when i see the reduction from 140 to 75,50,25, and loss, i was dreaming to go down again, but not
unless i close quick it for little loss
now, i say i lost 1 trading day, then i wait another trade
when b/o IBH and made Aup , i went long in a pb,
i was fighting with my original short idea, and try again at15/16
but i decide long for space above and break resi area
i was wrong, and i wait the final push, never reach, and i close it at tick to avoid to reach the limit
but not only i missuse a day on top of that i loss 145p
i hope not forget this day as a lesson to not repeat,
only 1 day left

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 ratfink 
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 alejo 
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nq

i made 3 last stupids trades in 6e,zn,gc, that don t addup nothing to the practice

what did yesterday after finish the combine, buy other
in the first i made the mistake to not include comisions on max daily loss, and i hit it
the pressure with the combine was similar with$$, when i made trade in sim and i made trade on combine, i notice the difference, that is good, nice to practice in that environment
the limits get me tied and confuse(dll3000,wll3000,maxdd4500)

why i want to start tomorrow the new combine, because i think, with ecb +nfp this compressing mkt explode, there is no a good reason
another thing is after failing the n1, i want to probe me i can to do it, but is neccesary going too quick to n2?
this impatient behavior is the same impatient behavior that does not let me wait to the selloff, wait to the mkt reach at support, increase the vol, and enter after that, and find my self in a too soon trade

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 alejo 
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well i start today the number2, without resting
in a hurry, and on friday! my worse historical day, and i confirm with the result
after nfp, i see my yesterday strategy working today
6e,zn,gc fall gc 20 pp
but i did not trade that strategy because was out of my plan
(maybe bad plan)
i lost most the chances to make money and was in all to lose money
this low volatility is not good for me, i see some opportunities, but i can not use them
my best trades were in trends

there i think today try ng...for first time
the ACD ,OR and the aup down, does not work in nq, and i see, that work, tf,ym,ng...
we need trending mkt
i do not want change the market because i have a claim against nq , it is me who can not be profitable with all the ,markets, but i was away form high volatility because risk, and maybe i need that volatility,
but with the mini limits of combine it is not good, they put presure to enter good at mkt

today i think to change some rules and sout to reduce risk, but i was in losing posi all day and with little mfe i can not use it

for next week i am in disadvantage now under water-1889 in nq , and i need to recover nq in 9 days
my goal needs to be accomplish the rules

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 alejo 
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1 KRD o KRU with Fsauct bar+uptrhust on s7r zone
2)wedge up...and go down
3)sell off, with increase vol+swift rejection+support
4)is much better wait to a border and fade with less risk than chase it

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 alejo 
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the dream last a little bit
start very good but i do not how to manage the things
my average -2@ 62 with the weak opening could be fantastic
i took to many bad decisions
i want to exit before the open but ,instead of flat i reverse the short, and then reverse the long, and i lost all the first winning trade
i forgot soon to not use more than 2 lots
i forgot early to use scales out reduce risk

and then start with 5 up down, chasing, reversing and losing control, with short bias, also after the nice long at 5@25, was the bottom but i fight the trend
the mistakes cost money
in this case the chance of other combine.
when i realize that i was at -4350 , it was too late,
i think , imposible mission to trade with 150 8 days and get pnl to 0 again
but instead of wait for tomorrow to try that
no i want revenge now
my last chance
1 lot
wait and choose short...again -1@50
when i see the PB is building energy, i can exit, but i think...before i have 5 points, now i left only 2 points, if reverse and go long
fear, hesitation, 2 points stop?
i hold, and the bet is , reverted
but not the trend reasump long with force, now i am over the max dd
i have room to not reach max dll
up and up 50/60/70
set stop 74 and some ticks
and get stop yes
-2485
and continu 80/90
i was long 5@25?
yes....i think is time to finish this career

or

continue learning

i can try to respect 3000 dll, and trade the 8 days left and try to reach 9500

how can i do that?
when the mkt was choppy i say it id difficult for me
i wait trend
when is trendy it is difficult for me
on both cases i know the possibility was there
i do not how to capture it

i will try to learn the charts and correlations that @tigertrader talk about, yesterday i read his posts, one of the first step is try to gather important information and understand them
and mising with my tools, and see if i can take better decisions

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 tigertrader 
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RELAX, my friend. you are allowing your emotions to overwhelm and distort your decision making process. begin, by simply observing the market- don't feel like you have to make a trade - don't trade, just to trade - only trade when there is an opportunity with a high probability to make a profitable trade. just watch the market, and let the market tell you when that opportunity is there.

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 alejo 
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yes, i need to follow the advices....relax, watch and not trade
but i am doing very bad decisions in my state, angry, frustrated, depress,
open 5lot in cl inventory, while i was holding 10 nq lots!
i want to finish this , then make a bet, quick, i am not trading
i think today was similar what i was doing 2 yrs ago
what about the deliberate practice?
the limit of size?
respect the limits?the rules?
i think, yes, cl is going down, then i go short
but 10 min later scared about a little spike, but with 5 lots...
but go long ....

and in nq...accept low prices , and i go long, continue the range...
but start with 5 lots
and after the bounce i add 5 more, ...what a test
totally unrespectully

this test is showing me in the hard way all that i could not did before
the lucky i have had to pass a similar test to this

if i have max dd 4k5 , and trade 10 days, what is the max pos i need to build
...better i go to bed, and take some distance

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 alejo 
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i was thinking to use the rest of the days of the combine to practice a strategy to be in the rules, size, risk
i remember i write a plan in the day 1 to day 2 (i forgot completely on day2)
"Nq=-$2011
max dd 4500-1889=2611 new max DD

prof target 3000 (to pass over 0)
3000/9 av 333 goal 666 aprox 33 points

if i use 5 lots and scale each point

sloss -5p
t1 1
t2 2
t3 3
t4 4
t5 5

risk 500 target 300

max dd/risk 5 trades

and wait and enter in this way, more conservative

but i forgot completely, and i have done this disaster.

today , i re think the same, i can start small (like i did)
and check if i can trade in the limits for the rest of days.
but again, i took severals bad decisions
i reach in a hurry , i try to setup the dom with 5 target, and i couldnt
i have the short bias, and i wait a lot to flip
i was distracted with cl (again, i want to recover, ...)
but what happen, i spend all my daily loss limits in stupids things out of plan
also i use more size again, 5, 9 ..only to try to recover
but the hole was getting big
when i have 200, i made a last trade and i got +400
but then i throw in cl the money out
and when i have 30
i made the last bet on cl, if i lucky run
i was stop
i remember this situation, when i set a limit in infinity, i and i was locked every day, i try dif limits and i locked almost daily no matter the what limit is
or in s5, reducing size, and finishing m6e also under limit
the reasonable thing is
learn to set sc with 5 target
if i have 6 days, i need to limit myself to max dd 4500, then 700 is the max limit per day
then stop, if i increase $, i can increase that limit per day
i can use also the table of lot i have in my plan
but with that i can use 2 lot max per profit upto1500
before to try to get the goal i need to assure the compliance with the rules, but with this rules, if i not win in the first trade, it is hard,
then what is the plan, try to keep under the rules, is like to have the hands tied, and thinking in the pnl and not in the mkt is not good
6 days to go
6 days to test this

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 alejo 
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i learn how to setup the dom in SC
I start with the SO strategy with
5targets 10/20/30/40/50ticks
and work well, i feel i left a lot on the table, but the risk decrease in this way,
also i can addup in a pb with this strategy
i can start 1 lot and see, and then add 5 lot
what happen
i did good, so good, and i up +400p
but ,i think in PL -8k
then i think, i can use this for swing in cl
i did
i did bad
almost good, is quick with cl -3000+4000
all the work out
then , try to recover, risk too much
the same history
also risk max dll again
hit it again
-15k in 5 days, record i can reach -30k in 10 days
i exceed the max dd for 450k/12500dd/9000dll
i need to cash some(als i think i do not like it,but if you can not risk, not other possibility for me) , and not risk everything
let see i can repeat the plan i start today
SO strat
not increase risk as a mad
the only posibility is build little at first, not go to deep in day 1and lost mobility

5 days, i need to imagining i am in zero.
not swinging big and unsane size for this maxdd and maxdll
try to realize if after 5 days i am doing ok, then if i can do it, i can repeat in the next combine

other issue taht continue and ieed to be more aware
stay with winners, do not exit soon

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 alejo 
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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)

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 alejo 
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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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 Big Mike 
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Is this cash or Sim?

Sent from my phone

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  #344 (permalink)
 tturner86 
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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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 alejo 
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Is this cash or Sim?

Sent from my phone


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 alejo 
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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


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


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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 alejo 
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well i can duplicate the tt correlation
let see if decoupled...

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 alejo 
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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




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



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:

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




from yesterday,

La lucha es de igual a igual contra uno mismo
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 alejo 
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i have added more






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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 tigertrader 
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fyi... MRCI's Inter-Market Correlations

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 alejo 
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correlations excell




panel sc


correl basic


30days correl mrci


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



also it look posit correl zb and spx
and bonds spx


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


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?

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 bobwest 
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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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JohniFx
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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?

"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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 alejo 
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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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 alejo 
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some contradictions again, some divergences,

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 alejo 
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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






the divergences increase and some signals look like start to sell

i made a short trade yesterday that work well today

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 alejo 
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correlat
simple1sc

panel sc

int


correl tt




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

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 alejo 
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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

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 alejo 
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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






maybe it was a bounce on mvwap



my charts for focus on ES &correlations only:
m w d



poc


correl panel


internals


wvwap


dvwap


3tf


obv


30min vp


ladder


the new correlations from gary


2500v


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

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 alejo 
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correl







combine3 day1

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 alejo 
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La lucha es de igual a igual contra uno mismo
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 alejo 
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now i need to take care with the overconfident issue, and continue trading as the test
continue down?
or a pullback?

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 alejo 
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i add more about the credit market
diference between 30y and 1yr and 5yr vs 1 yr and the skew, a guy called william was explainig and i see very similar that gary explain








how they deceive us
news
bum, bang


the overconfidence is at maximum
i wil take a couple of days to cool down

after a fantastic ratios, numbers, trades on combine
also i made a live trade

money management

the winners is
pyramid
because gary@tigertrader said it is better, i follow him

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 will practice with basic/baby testing first with 1 and adding to the half pack

i need to study the swing that generate that size and the realtion with max DD and the daily loss and trade limit loss


the combine stop trailing the max dd, now i have more than 4k5 to use, but the same daily ll





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 alejo 
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yesterday not trade on tst


correlations








i made some studies on mm
i was playing a what if...
to see how much equity, margin, maxdd,dll, i can have with the increase of equity
and what is the pack in relation with equity/max dd
in the present combine 150k
i can use pack 6 or 12
only after have built 1500 on daily basis for the maxdll rule

in the potential combine450k, i can use
pack18
the rule is each time the profit increase in 4k5 i can add 6lot to the previous pack
and if the cum profit decrease 4k5 i must deduct 6lot from the current pack
and also i calculate the profit % of max dd, because that is the trading money initially i am risking
also there s a column call cumulate profit, that the idea is repeat 8x the target keeping the same package, then not increase the risk with all the money, then theres more max dd for the next level
to avoid washout



packsizes


pack 6
2scenary
addin each 5 points



or addin each 10 points


today while i was testing addin each5
i found that when addin 5 it come backs, it is better to wait to pass 5 and in the pullback addin

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 alejo 
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thanks to gary @tigertrader for all the advices he gave on his thread
and with his permission i will try to put some of those on my trading plan for this year
first step is get the goal 9k to 150k
later to upgrading the combine to 450k
in the way, practice the scale in out, and the money management to increase the packs size



trading rules since jan1 2015

Trading rules 1/1/15
topsteptrader test
account sim sc
Instrument ES
Key rules
1) Be objective: See what the market is and not what it seems to be.
Be unbiass. Live the now-Focus-Anything can happen-Trade what I see-Do not trade any dream-imagination. The result of one trade does not take care.
Stay on the right side, support the pain on the pullbacks
If I feel revenge or recovery mode stop immediately. After overconfidence and a winning strike stop 1,2 days to cold down.

2) Do not lose chances to win. Stay in the market. Rank goals by what % of ADR I get. I go for 10, 20 or more points.

3) Reduce uncertainty: wait, wait, wait, wait to find the condition that support the high probability trade idea based on PA and intermarkets correlations with big buyers going long or big sellers going short at important level.

4) Risk: Always use wide stops outside noise to prevent be stop out of a winning trade. Initially 14p & set it for the market conditions, keep the risk accordingly when size up Test the market condition with 1/6 fullposition and build the initial ˝ position. Rew/Risk>6.4

5) Get asymmetrical returns big winners and small losers: Add to the winners pyramiding ,1/3 and 1/6 and hold them a lot
Risk the earnings, not reduce risk

6) S out some and scale in

7) Exit when the conditions that support the trade have finished or changed

8) Trade the market. Forget the entry price and specially the profit and loss

Money management

Test the market condition with 1/6 fullposition and build the initial ˝ position
Add to the winners pyramiding ,1/3 and 1/6
keep the risk accordingly when size up

the MM plan for the combine 150k
Pack Lot
6 +3+2+1
12 +6+4+2

Pack =full position

After up4k5 cum profit , start with pack 6 and jump to pack12 when day profit is 1k5

initially for the max risk
SL=14p =$700 1 test lot
Max dll 3000, then 6 lots max in pyramid +3+2+1
And 7points with 6 lots are 2100
With 7 points with 2 lots is 700
With 7 points with 3 lots is 1050

If reach the goal continue, if touch it again the daily goal stop
Daily Goal +3000
Weekly Goal +4500 if touch it again the weekly goal stop
Goal 10trading days +9000,Win days>45%, AvWin>AvLoss, Time Win>Time Losers, exp>=0 point per lot,
Max Daily &Weekly Loss .-3000
initial Max DD -4k5
When equity reach 154500 max dd =cum profit

After the combine
Increase size to find out the level of my risk tolerance for long term plan

Equity Pack max dd goal cum profit
450k 18 13500 27k 216k
1350k 54 40500 81k 648k
2700k 108 81000 162k 1296k
5100k 204 153000 306k 2448k
Each increase of decrease 4k5 cum profit add or reduce steps of 6lot to the previous pack
The cum profit is repeat 8x the same key level


Setup:

-Trend trades preferable
-Reverse to mean
Time Frame to Trade: 2tr
Support charts 5min/min15 2500tick 40000Vol

Higher time frame 30/60/240/d/w/m

Levels
VP/VWap/Wvwap/MVWAP/Pivots/O/H/L/YH/YL/YC/VAHL/ONH/ONL/Vol/POC
OR1,OR20,IB,ONH,ONL,ONPOC

See:
Internals SP500 /NYSE/ ADL NVOL, Breath, Tick, cum tick, CumVol, %>50ma,put call ratio, trin, vix, sectors spx, effective volume, 20dmf
Correlations 6j,usdx,zn,zb,6a,gc,6e,cl,nq,TF,ym,credit spread, cbo icj, cbo skew , usd/jpy, aud/jpy, bond equity spread, EM/spx, Cl/spx, HYG/lqd/jnk/ratio, rinf, tip, xlu vs tlt, 10y divid yield difference, high beta vs low beta, DBC, 1/2/5/10yrs vs 30yrs, yield curve, zn- bund yield, pascal channel, …and more



Entries

See context, the trend, internals, correlations, levels
Wait OR1, OR20
See if continue trend or rejected
be patient and wait nice locations, choose trend days
(A setup, enter on exhaustion bar)
fade pullback and addup

Triggers:
how PA behave according levels(LL,LH,DT,DB, patterns, failed auction, bars, vol)
SL initial=14 (atr based if I have enough money)



Other:
Never let a trade open in news specially fomc &nfp
Do not trade without knowing the max dist to maxDD and max dll
Minimum time after a losing trade: 15min&cool
watch specially risk with anti-Trend

Combine rules
starting equity 150k
max dd 4k5
max dll 3k
max lot 15
Target 9000
>45% winners days

money management tst lpt
lot $cump&l
2 0-1500
3 1k5 2k5
5 2k 3k
10 3k 4k5
15 4k5 7k
20 7k 10k

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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 alejo 
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correl fom 14 some of them (the 13 most are missed because i was working, and yesterday i went to the hospital, then i missed)

i try to




i was resting and cooling down

practicing MM

and today i think i did well, but
always there s a but

before open +2k4

after the open

with the last trade open up+3k
i thought if i pass the 3k (sure i will pass...), and if come back to 3k i wil close

i thought ,perfect i am on my 5 day and i up+9000, i have reached the target, oh i am very good (never eat the chicken before to hunt it)
why not get a little more?
with the today volatility with the swiss rate
...
the trade start going down and i have to exit if 50% profit come back

but i did not do it
why
after +60
+30 look bad

+20

+1

-15

make the story short
add to loser

when i was-2k5

flat did not work, i made a mistake and buy instead sell 5

and touch limit


i can not believe it

but it is true


trades


there were good things today
the MM
the reading
but is necesary only 1 bad thing to waste all
the thin line between victory and defeat

now my plan?

continue as i did not touched the day limit
with this trading plan
but follow it!
and if i reach the target i will fund myself

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 alejo 
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checking al this charts and writing down all this data , let me think and understand better the situation of the markets and try to learn how this correlations work, with the new era of negatives rates i supposed that will be new correlations between the assets


i was thinking in what i wrote about the funding myself when failed the combine..i was frustrated, and in this learning process the solution is not jump to live.

i was searching for help in the self coach trading book from brett steenbarger...

analyzing what i did

i have found this pattern:
when i have profit and i lose it, trigger and emotional state, bad for me that not let me act well
i was practicing to try to framing with net=prof-loss , but once i start to switch to bad behavior, losing objectivity , i forgot what i need to do, follow the rule, what happen in the past, what bad is for me.

well , to continue improving my skill, i need to overcome this issue, yes or yes


then i will do the next:

1)add to the rules something to let me remember what happen if i do not follow them, pain, and if i follow them something good

2)find the risk of not following the rules

3)do it daily a check list of following the rules

4)review W/M the check list

5)think louder all my thoughts on the trading session, talking everything about the trade and what happens, to let me listen and observe myself from outside, and realize when i am entering in the emotional state

6)when i am start entering in that state: exit, walk away, and calm down

7)practice trainning visualizations of all things well done according to the plan, to let me incorporate to my trainning
process

8)start the trading day goals oriented (all the above)

i am starting now

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 alejo 
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my plan was not to risk today more than 700 to have room for 5 trading days without touch the max dd
i need 2 wining days, but i i spend all now, i can not make it

i made the first trade, and built 3 lot for the 6pack and i realize that is too much for 700
exit, and enter next trades , get flipping and choppy, and when and reach -800 i continue
2 trades more with 3 lot -1400

what happen with the plan, to stop with -700?
why continue?
i was talking louder today , and i realize what happen, not emotianally, only i think ,this trade go down, not, this trade go up, no, ..close reverse, 5 times..
what happens if it is 10 times...blown
i realize that reverse is the opposite to wait 15 min to reasses
and i use a lot reverse...

next trade i got a nice move bulding correctly the 6 lot and finish up, but i can see here the seed of the problem why i touch the daily limit
also here , i exit soon...


the first check list for today is very negative
overtrade
exceed risk limit per trade, per day
made 3 mikstakes with rders, one adding instead of flatten
other was ,in SCwhen i reverse with my present configuration, the reversed quantity is the panel quantity not the initial position
exit soon


to think this week end, practicing visualization to follow and respect the limits and the plan

i need to find out something to help me what to do when i observe my self doing something out of plan in normal state, not emotianally
i think the answer is stop inmediatly that behavior

to re read plan from today:
trading rules since jan16 2015

Trading rules 1/1/15
topsteptrader test
account sim sc
Instrument ES

Improving rules

1-re read the plan
2-practice trainning visualizations of all things well done according to the plan, to let me incorporate to my trainning thinking process
3-think louder all my thoughts on the trading session, talking everything about the trade and what happens, to let me listen and observe myself from outside, and realize when i am entering in the emotional state
4-when i am start entering in that state: exit, walk away, and calm down
5-review D/W/M the check list do of following the rules
6-when i am observing myself doing something out of plan, "stop inmediatly that behavior", exit, walk, and rethink"

Key rules
1) Be objective: See what the market is and not what it seems to be.
Be unbiass. Live the now-Focus-Anything can happen-Trade what I see-Do not trade any dream-imagination. The result of one trade does not take care.
Stay on the right side, support the pain on the pullbacks
If I feel revenge or recovery mode stop immediately. After overconfidence and a winning strike stop 1,2 days to cold down.

2) Do not lose chances to win. Stay in the market. Rank goals by what % of ADR I get. I go for 10, 20 or more points.

3) Reduce uncertainty: wait, wait, wait, wait to find the condition that support the high probability trade idea based on PA and intermarkets correlations with big buyers going long or big sellers going short at important level.

4) Risk: Always use wide stops outside noise to prevent be stop out of a winning trade. Initially 14p & set it for the market conditions, keep the risk accordingly when size up Test the market condition with 1/6 fullposition and build the initial ˝ position. Rew/Risk>6.4

5) Get asymmetrical returns big winners and small losers: Add to the winners pyramiding ,1/3 and 1/6 and hold them a lot
Risk the earnings, not reduce risk

6) S out some and scale in

7) Exit when the conditions that support the trade have finished or changed

8) Trade the market. Forget the entry price and specially the profit and loss

Money management

Test the market condition with 1/6 fullposition and build the initial ˝ position
Add to the winners pyramiding ,1/3 and 1/6
keep the risk accordingly when size up
Exit from the trade if profit go down to 50% (remember when I was up3k and finish down3k and failed the combine3)

the MM plan for the combine 150k
Pack Lot
6 +3+2+1
12 +6+4+2

Pack =full position

After up4k5 cum profit , start with pack 6 and jump to pack12 when day profit is 1k5
(Do not add more neither to losers remember when I was up3k and finish down3k and failed the combine3)

initially for the max risk
700 per day max
SL=14p =$700 1 test lot or 2x7sl
Max dd 4k5 /700 8 days to trade
Max dll 3000, then 6 lots max in pyramid +3+2+1
And 7points with 6 lots are 2100
With 7 points with 2 lots is 700
With 7 points with 3 lots is 1050

If reach the goal continue, if touch it again the daily goal stop
(Do not let go down again remember when I was up3k and finish down3k and failed the combine3)

Daily Goal +3000
Weekly Goal +4500 if touch it again the weekly goal stop
Goal 10trading days +9000,Win days>45%, AvWin>AvLoss, Time Win>Time Losers, exp>=0 point per lot,
Max Daily &Weekly Loss .-3000
initial Max DD -4k5
When equity reach 154500 max dd =cum profit

After the combine(optimistic)
Increase size to find out the level of my risk tolerance for long term plan

Equity Pack max dd goal cum profit
450k 18 13500 27k 216k
1350k 54 40500 81k 648k
2700k 108 81000 162k 1296k
5100k 204 153000 306k 2448k
Each increase of decrease 4k5 cum profit add or reduce steps of 6lot to the previous pack
The cum profit is repeat 8x the same key level


Setup:

-Trend trades preferable
-Reverse to mean
Time Frame to Trade: 2tr
Support charts 5min/min15 2500tick 40000Vol

Higher time frame 30/60/240/d/w/m

Levels
VP/VWap/Wvwap/MVWAP/Pivots/O/H/L/YH/YL/YC/VAHL/ONH/ONL/Vol/POC
OR1,OR20,IB,ONH,ONL,ONPOC

See:
Internals SP500 /NYSE/ ADL NVOL, Breath, Tick, cum tick, CumVol, %>50ma,put call ratio, trin, vix, sectors spx, effective volume, 20dmf
Correlations 6j,usdx,zn,zb,6a,gc,6e,cl,nq,TF,ym,credit spread, cbo icj, cbo skew , usd/jpy, aud/jpy, bond equity spread, EM/spx, Cl/spx, HYG/lqd/jnk/ratio, rinf, tip, xlu vs tlt, 10y divid yield difference, high beta vs low beta, DBC, 1/2/5/10yrs vs 30yrs, yield curve, zn- bund yield, pascal channel, …and more



Entries

See context, the trend, internals, correlations, levels
Wait OR1, OR20
See if continue trend or rejected
be patient and wait nice locations, choose trend days
(A setup, enter on exhaustion bar)
fade pullback and addup

Triggers:
how PA behave according levels(LL,LH,DT,DB, patterns, failed auction, bars, vol)
SL initial=14 (atr based if I have enough money)



Other:
Never let a trade open in news specially fomc &nfp
Do not trade without knowing the max dist to maxDD and max dll
Minimum time after a losing trade: 15min&cool
watch specially risk with anti-Trend

Combine rules
starting equity 150k
max dd 4k5
max dll 3k
max lot 15
Target 9000
>45% winners days

money management tst lpt
lot $cump&l
2 0-1500
3 1k5 2k5
5 2k 3k
10 3k 4k5
15 4k5 7k
20 7k 10k

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 alejo 
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initial size
how can i start the day trading without blown it in the first trade?
it is risky to start with 6pack building 1/2 =3 lot with 700 max risk per day ,almost imposible to me
the initial pack need to be 2+1 with 1 test maximum, whith max 700 p trade risk
when open profit increase 10/15p i can add more if it go good or exit and repeat the process
now i have 4 days ,with 4k7, then is 1100 max risk perd day (4w+2l) i need only 1 more win day

combine


correlations




basic




all


credit
how much cost the money?



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 alejo 
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i was working all morning then i just journaling and complete the correlation
i am not trading today, and i think maybe tomorrow will be the great day with mario
but i see in the open the big buy up+20 in 10min!
the pivot so narrow and th eopen vol so high, that maybe can run to 2060!

correlations







combine, i have overtrade
also i could not stop when i reach -14p for the day
i build too quick to 3 lot and get chopped all the time
exiting
flipping

i only catch 1 good trade to add and press,

but is not enough to overcome the most losers

i was recordme from yerterday and talk louder to try to see me from outside,
(now i need to check this...)

the first try was not work

because i could not stop when reach the limit

finally i finish a little better, but the problem is this is the way to reach the full limit as i happen before

combine



i need to keep the focus and concentrattion also it is failed

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 alejo 
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i am journaling at this moment and i have write down something that @tigetrader post about the stop he uses
1.5 atr 15min minimum



for example here fluctuate between 2.5 to 4.5

the stop could be between 3.75 to 6.75
i use 14 to 7 at start the trade, the problem is when i increase size, the risk increase if i not wait enough space before add to the position
a lot of times, i test with 1, build with 2 more to 3, then the risk jump from 700 to 2100 or 350 to 1050 if i use 7point stop
then move agaisnt me and become a loser
the same when add 1 2lot more in 5 points further after the pullback

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 alejo 
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after crashing again
how i can hold 4500max dd and reach 9000 target?without doing things outside risk?

i was studying some things to try to limit very carefully the position sizing
and see if i can handle to follow these rules, that is the main problem, when i get emotionally involved, and try to recoup, jump, limits, add more size
and always give back all the profit, and go to ruin
with the excell of risk of ruin i can check that when i go with size, the risk of ruin reach upto 60% or more
how i can control this?
with a strategy for example with 5p target and 2 p stop with 3 lot i can risk 300 p trade and reach to the goal with a low risk of ruin
initially


it looks a lot of trades but if i can reach at 151500 the new situation


and when i reach 153000 the amount of trades reduce drastically


now the question is how can i risk 300 and use a wider stop, because with 2 p stop is not possible trade outside noise
the idea is 15min atr x1.5
supposed i can start with 6p
with 1 lot for test i have 300
when increase profit if it goes to my favor
i test add the 2 lot at 2p and 3p
the 2p strategy (A)increase risk to 500, then i can use 3p to add1(B strategy)

and i can get the equivalent of 2pstop and 5target with 3 lot
that is the max for ruin risk

then , what happen if i continue adding?
if i add 2 more after reach at 6p
i can continue risking 300 and if it continue going well i can get more profit improving the figures
(this is C strategy)
the problem here is i can left on the table 50% or more, but i risk only 300 initially
and in both cases i can give the stop 6p room
i need to check the winning %, i estimate 40% on the excell



to start trailing, and get a minimal result of strategy B it need to run minimum 10p

and the other questions, is how to add?, because if i want to add in a pullback, i can lose the chance if run fast
but if i add soon, i can support more losers when it does pullbacks, another decision, based on price action

i need to focus on this money management ,and avoid my tendency to no test, add size, risk more
jump limits

here i can fail 2 trades per day 7 days in a row 300*2*7 -4200 and not reach drawn down
14 losers in a row

now the other focus, is observe objectively context and pa and wait ,wait, and wait high probability places, times, price action, to enter to test, and then proceed with MM plan

the chop fest it will kill me , i need to learn to identify possibles run more than 10p

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 alejo 
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i add the mm rules and fix new limits







i fail to re read, prepare, the previous one
i need to focus on that first
and see how can i manage the busy week i have with trading
maybe if i reach in ahurry , i do not trade
if i can do preparation trade but only from 830ct to 1130 and go to spend time with my family to avoid crack my self
as the other day when i was stearing at live test, and i miss a meeting because that.
ver worried about that

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 alejo 
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i was working all day and when i arrived i did not went to the trading room, spend time with the family, new plan
i was suffer avoiding
i have to read things, wathc record, see market
study
but i need to balance, work, trade, social
today the plan is to watch since 700 to 1130
work in the morning

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 alejo 
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i could not done a lot of things i have planned
the 5 lot is too much for the swing
then the piramid +3+2+1 i can not do it
i am trying +2+1 what happens, and let the other 2 in case of high prob situations
now it hink is how to reach +9k with 2 /3 lots, but unless i need tolimit the max dll and the maxdd

once the combine reach maxdll, i was out, it is dificult keep the same focus

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 alejo 
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the performance since 28 jan




trades


i was trying to use 3 lot, starting with 2 ,wit 1 test, and pyramid with 1 more

and for the unusual high prob moves, add the 2 , to max size 5

it look that with this size i can stay inside parameters, max dd 4k5, and max dll 3k
but , quicky i can add -12, -12 then down 1k

i am well below the max size 15, insane fot this parameters

the problem is , i can use 5 , in the revenge mode, or deseperately mode

i neeed to avoid that states at all costs

if i take out the 2 last days the performance improve, but i can see that 1 day with a nice 1 trade, could be equivalent to 10 averages days

at first sight looks that i am avoiding big losses, one of my main problems

but , my W% is horrible, is like most all trades are wrong

other thing is to addup in arange situation, and became win in losers

from a more away distance, and less ˇnvolved in hours, because i am dedicating more to my job , i can avoid, emotionally reactions, and be more objective

i follow daily the market, and the correlations i fill in aweekly basis

next week i start a combi to try to see if i can be able to stay within the limits, and go for the 4 combine, not to try to reach to 9k, to try to follow the rules

the other thing is the importance to wait what day trades, and in the days, wait to good locations.

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 alejo 
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i could trade some days,
i feel a little away from the market with this slow down situation

i could trade some hours some days.
today i trade but was a tight day, i think is not good for my way to add

i change 2500v to 10kvol

i was writing today the correlations and i see the risk is going down, but some indis are reaching to extrems

i do not understand this new neg rates environment, then go more to charts

today at first i think to go long waiting a pullback, but, i change and went short...
later revert and go long

choppy day

i add a little more when i was more confident after the nice rejection of orl with the 30min bar

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 alejo 
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well, i did not reach the target, also the result was awfull but unless finish inside the parameters, that is nice step avoiding wild swings
pyramiding, test 1 , buil 2 ,add 1 more
and in some cases, go to 5

i use max 5 lot
av win 3.6 and av lo 2.25
here is the key to press the winner
when the prob is high

i am trading much less, but more calm
i am more patient, and waiting
stop 6 or>1,5ATR (15min)




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 alejo 
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in this i can add more, test 1 or 2, build with 3, pyramid with 2 more,
and i can use also 2+2+2
and max 10, according the situation

i start very good, but yesterday, i trade counte trend with 10, let it open and go out, and i conver+45 in -45
here comes again the overconfidence(bec the first 2 days) in i just got it the target and i made several mistakes

overtrade

i want to exit at 85
but in 80 rotate down, and keep it

also the counter trend in that day was not optimum
and the counter trend with high size neither was good

thinking i was short from 92, ....i could, but i rotate my day

anyway i am inside the parameters , and that is the first goal
the secong to reach target
now the max dd permited is 2k6, warning , i need to reduce size next day

good things

watching more objective
taking decisions thinking

also i thought, ok, i can do it in sim, and the real problem can with live, that could be good, because i did not do it neither in sim



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 alejo 
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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



i think it is fantastic
and surprise me

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 alejo 
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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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 xelaar 
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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!

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 alejo 
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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

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 alejo 
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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.

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 alejo 
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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






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

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 tr8d3r 
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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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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

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  #389 (permalink)
 alejo 
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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

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 tr8d3r 
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Thank you for your reply.

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

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 alejo 
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i have marked severals importants days in the combine month to trade because the news

22 gbp rate
24 eu meeting
28 cons conf
29 fomc

6 adp nfp
8 ur nfe
11 gbp rate
15 rate uom cons sent
19 buil perm hous star
20 fomc minute

today i think i can only watch, i have a meeting today at 9et

but after the sale off near the limit 80, where a lot stops are
i think , it is a good chance to go long
i have an sitting limit at 75, but not reach there
was early, before open
i was scared
enter small to test 82
target 102, i am calculating 2x20 40p
when i come back from the meeting
i see at 96 , all down to 84
i lost 2 chances, to exit and to add
add 1 in the posibilty to break out in 96
but fail, stay a lot of there
so 2 95
i decide to close the last 94.25 in this range environment
and go out.
not bad for the start, but i saw later reaching to 102, and again i think i exit soon as almost always


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 alejo 
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evidently the schedule i imagine for news is far away from reality
on thursday i planned not trade and wait for monday because the EU meeting
but in thu we have nice movements, and fri only 10 p
i enter on fri, also i add on what i suposed a b/o
when im see the exceitement of buying at 14 i think, yes , we can reach 23, but, not all down back
finish with a tiny winner, but always could be worse.

next planned days tue(cons conf) and wed (fomc), but the key continue beeing how the PA react to that news
now we are in a nice place to b/o o PB again
i am using low size, and long holding time
to reach goal i need the markets give me more swing size
i will not press until then or acumulate more max dd
i am more comfortable and relax now
with nice confidence

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 xelaar 
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alejo View Post
evidently the schedule i imagine for news is far away from reality
on thursday i planned not trade and wait for monday because the EU meeting
but in thu we have nice movements, and fri only 10 p
i enter on fri, also i add on what i suposed a b/o
when im see the exceitement of buying at 14 i think, yes , we can reach 23, but, not all down back
finish with a tiny winner, but always could be worse.

next planned days tue(cons conf) and wed (fomc), but the key continue beeing how the PA react to that news
now we are in a nice place to b/o o PB again
i am using low size, and long holding time
to reach goal i need the markets give me more swing size
i will not press until then or acumulate more max dd
i am more comfortable and relax now
with nice confidence

Great job! Keep it on!

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 alejo 
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the good thing is i pass my day6 without touch MaxDLL (in my previous i last max day5)
i give back all and more on day 3, then i i had only max dd 2682
if i want to end between rules i have max 3 losing days
2682/4=670 per day 2lot x7 p sl
if risk a little i can not reach the goal
if i have a good day and continue trading i can give back
i need to risk more , but watch tha downside risk

i fall in scalping fair mode on day overtrading only for broker

some good trades, and give back, again

i need a compromise between wait, risk, really is difficult with this tight parameters,

i wait for the some news day, but the mkt will move when it want

i need to see and wait

like yesterday

i have 4 days more

4w2l i need to win 1 and stay up to 150k to try it again

but if i wait and press accordingly i can reach it.

4 x1500?
or try to go to 1 x 4000 or more

depends the waves.

i am learning to surf

well done!!
trades

performance


combine

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DrewDown
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You're getting close, Alejo, keep going. That is great. I will admit you are more consistent than I have been. Thank you for sharing.

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 alejo 
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i thought on may1st, holiday , there would be less participation and narrow day
what wrong, nice move up, near the top of range again
(i think i lost a nice chance, the night of thursday to open an ON pos), after that nice final push, from the reversal fom 70
but, that is it
this wek i have planned as noce day to trade wed adpnfp and fri.
but i need to be focus on what happen on reality.
patiently
i was thinking about to reach the goal, going for 3 point with 10lot, and doing that 4 days.
but in that way i would changing my plan
better to find and try to ride the move adding
the problem i found is in range, i give mostly back
if we break up, i think we can have a nice run
again, i need to wait and see
i need 4 more days to trade till 21may
i can find 4 good days

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 alejo 
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but not out
at overpass my own limit per day, trying to recoup with the goal 9k in mind,
i let go down +1k8 to -1k5 in 1 trade
trade as a range waiting a counter trend bounce,
and the trend down

bad things,
over trade, try to risk a little, bad things

the good thing was i reduce size up to finish with 1 lot and stop before to hit daily loss limit

at the limit -2896 for the day, i made a couples of steps back
i have 3 days to finish with less than 1500 of max dd , and i need to win 1 day
i will risk 500 per day,
and try to finish as better as i can with the goal now, to follow the rules , and wait the next to try to get the 9k goal

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 alejo 
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with 4k5 and 4 days to go i have had a nice chance
but with this tide rules i can not failed too much on the decisitions, and i failed too much
on day 8 i up again
and day 9 i enter long too early but with stop at 57
and i need to go out near the bottom, with 4 cars, i lost the rally to 88
mainly wrong but thinking mostly
this time i could manage the positioning size to avoid go out of the way
i lost most the max dd, the last day i have only 361 of max dd and 150 to touch the 150k again, i have tried, but the goal was to follow the rules and try it again, and continue practicing
the first goal was to follow the rules and i got it
the next is to keep max dd, i need to build the max dd first 6/7days and risk it on the last 3/4
losing in 3 days almost 8k, is not the way to reach to 9k
each time i have entered on scalping mode, recover and overtrade was a disaster, and i need to watch out the warning to increase size in this situation,
very good the win holding 1h43
and the big trade 3963
i have severals trades i let them go from +1187 to -1631 or from +362 to -2100, that i need to correct
it was good i was willing to risk the winnings adding, but the envieonment was range and not trending, and i was wrong
also i fade the trends, wrong again
i feel good,
i will wait for tst to say, try it again
and i wil do
the goal: follow rules and build as much i can, upto reach and pass 9k
i need severals conditions to do it, but i think i can do it
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 alejo 
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one interesting thing is i am feeling comfortable in this practice, i was able to manage the risk and size
the plan with special days to trade did not work, because the market moves others day
each day was good to extract money , the key is how can i do it
i am thinking 2 strategy
a)on day 1 if i have maxdd of 4k5, and risk 450 per day, i can last 10 days,but i can los10 days and i need 5 win days and win>0, but i can win a little risk a little. i do not like this
b)on day1 if i have max dd of 4k5 and risk 900 per day ,i can last 5 days, but i have more prob to win more
in some of these days i need to win to acumulate
on day 2 depending if was a winning or losing day, i can risk more if it was a winning or the same if it was a losing day
the (4k5)/4 1250
the idea is try to exceed on day 5 the 4k5, and be able to risk more , balancing ,the win days (min5) with the new maxdd, and be able to risk more on the second half
in both cases, the idea is to risk the earnings and add to get the famous asymetrical returns (in this tide environment is compulsory)
i need to try to avoid the -2900 days, get out of maxdd, and risk more than the entry risk (to avoid let become +1500 to -1500)
less size, wide stop, entry test, pyramid and big holding, ok
i need to press more the winners, if i catch one to increase the av win size
and kill the losers quicker
to try to improve the reading, wait more, to entry and to exit, i can probe that almost always i do things too soon, and i lost the better chances
in this test if i start bad is dead, then is not a bad idea apply the lpt scaling plan, 3/ 1500,4/2k,5/3k,10/4k5, and after build >5/6 press on the final days, watching the risk

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 alejo 
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i received the confirmation

i will start next 18 may to 18 jun (fomc 17jun to give the final push)

another step

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