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self coach trading
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self coach trading

  #401 (permalink)
Elite Member
prague, czech republic
 
Futures Experience: Intermediate
Platform: NT7, MT4
Broker/Data: LMAX
Favorite Futures: DAX, Gold, Euro
 
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congrats!

Trade to live. Not live to trade.
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  #402 (permalink)
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madrid spain
 
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preparation for the combine5

all week only watching, i will start on monday the combine5
again, the goal1 is to follow the rules and keep risk under control, goal2 is reach to 9k
i try to watch the mkt as most obecjtive i can, be patiente, wait and trade, exit or add, and hold
tomorrow i start a 4 days (on mondays)weeks mind training, realxation, visualization, i try to use it to focus in my goals of this test.
i am going to surf, and i know i will lost a lot of waves, i am learning to do it, keep it alive, surf some of them, and try to surf a nice wave

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #403 (permalink)
Elite Member
prague, czech republic
 
Futures Experience: Intermediate
Platform: NT7, MT4
Broker/Data: LMAX
Favorite Futures: DAX, Gold, Euro
 
xelaar's Avatar
 
Posts: 1,517 since Feb 2013
Thanks: 1,739 given, 2,592 received



alejo View Post
all week only watching, i will start on monday the combine5
again, the goal1 is to follow the rules and keep risk under control, goal2 is reach to 9k
i try to watch the mkt as most obecjtive i can, be patiente, wait and trade, exit or add, and hold
tomorrow i start a 4 days (on mondays)weeks mind training, realxation, visualization, i try to use it to focus in my goals of this test.
i am going to surf, and i know i will lost a lot of waves, i am learning to do it, keep it alive, surf some of them, and try to surf a nice wave

buena suerte!

Trade to live. Not live to trade.
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  #404 (permalink)
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madrid spain
 
Futures Experience: Beginner
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combine 5 first week 4 trading days

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day1
nice first trade
on second i was mfe +27, but i let it back all and finish losing day
down70, is ridicoluos how i lost one chance to get 1 of the 5 winning days i need

day2
wrong idea
losing day

now i am worried again, 2d 2 losers, down 1300
the maxdd reduced to 3200
i can not risk in the same way
struggling at first is not the best way to reach the goal with this maxdd

day3
with fear, low risk, it is not my way to trade, but i need to recovery some, i need a wining day to release some pressure.

the use of SC expires
i see a nice long entry
when i go pay they do not have the discount enable.
iask for it
in the emanwhile i decide to enter directly form the paltform from tst
i try to enter 3 in the dom
i realize i need the stops
when i try to set the stops manually, i close them at market
i do niot manage this platform (because now they change form rithmic to cts4, and i do not have any idea)
what happen
i missuse another trading day, down 37
,i wait to connect the sc, and start to recovery
more scalping
fear based
and pand l base
very bad ideas
over trades, and finally ended +300$
bad but always could be worst

day4
friday
i think is better to wait to esther to move
but not
i do not want to lose the chance to break out to infinitum
i decide to enter and i ended eat a 10p range
on the first trade, waiting the break out i was +36p, but i let it down more than 20p
finally flip and i caught the slipe down
exit soon as always
i read well and finish +20

now i am 2w 2l -1$
start again a combine with 6 days
is possible to reach 9k, yes
i need 3 w days
i can lose 3 days then i can risk 1200 per day

i am trying to hold the winners, to let space to move
but i am wrong with the environment, and give back a lot
i am thinking ion ft71 when he says, SO,
but i do not want to risk a little
i need to wait the right wave to ride

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #405 (permalink)
Trading for Profit
Kansas City, MO U.S.
 
Futures Experience: Intermediate
Platform: ToS, Ninja
Favorite Futures: ES, Currency, Tacos
 
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Posts: 211 since Mar 2015
Thanks: 301 given, 118 received

Come back from this three day weekend, and kill it. You have a month to do this. Put in orders for setups that you want. If you don't get filled, don't just look for a trade. So far, yours is looking a bit like the last one I failed, now that's not a bad thing, because you're doing things right, and that last day was really, really good. Take some of the pressure off, though. You have time. You do not need to trade, some days in the market are just kind of worthless, and you can use those to take some time off and study and refocus. Have a good week!

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  #406 (permalink)
Elite Member
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failed rollover combine5

normally i will journal this week on saturday but the emotionally charged situation coming from my behavior of the last 2 days, can be lost if i wait more.
i have just journaled my last 2 days, and it was dificult, first because was the day i failed, but most important was i do not have the screens shots as usual, because on the battle, high speed, emotionally i coauld not do it, only press reverse as a crazy, fliping and floping, when i stop at -2700, was late, because i forgot the tons of cars i overtrades and i hit -3020
what happened?
how can i avoid to repeat this?
what have i learned?
the main point is :
it is not possible to trade under that mind state
how i have reach to that state?
i use to trade tiem ago in this state, to avoid it
i have written in my trading plan, after a loss, wait 15 min
if i feel in a emotional state, stop inmediatly
but i could not do it
then that is the first key
because with that situation, all the rest is a big non sense
on previous years i was daily in this situation
i have improved, and i can watch the market thinking
be objective, another sentences in my trading plan
but not yet on my mind
the day started good
i was long +5 @16
i failed to lock some profit (50% according my tradiong plan)
and i let it become in aloser
the first knock was from +30p to -12p
ok
i exit
went short, because i saw that
but over size
and here the other mistake
i must start testing with 1/2/3lot
and adding
and i think with >5 with the tight condition of combine rules start to blocking my mind
then bad decision
and quicly the things can be become so bad
instead of stop
try to recover
fliping
but without conviction to hold trought the PB
and i lost the trend day
horrible show
combine reflexion
i was thinking how can i get the goal with my trading style?
the only way is to win the fiorst day or 1, to go away the maxdd, and use maximizing the maxddl
but if any happen, it is dificult
i hear that tst push to scalp
i try not to do it
and holding for hours
on top of that the size issue
i was reading the bigmike thread and how size affect, and i am not be the exception
i want to swing 45lot, and tst let it 15 but not with 4k5maxdd, with my mistakes


then yesterday i wanted to apply combine 30k rules, max 3lot, maxdll500, max dd 1500, target 1500
only 10p of maxdll
it is compulsory to use 1 lot
first i think
2+1 pyramidin

but only if i am well in the money

also with 1 lot , one need to execute the mickeymouse entry

but the good thing is the dont care size 1,2,3 to think objectvely

but what happened?
when i see i was wrong with my short bias, and i lost also the up move
i realize i did not trade well
i was scalping watching the P&L reaching the -10p

and i need to stop, i refused to that and
as combine was failed
no control
no possibilty
no pressure
increase size, play the sim game
no learning value

today i will try again, 4 days more to finish the 10 days, and i see i can follow the combine30k rules

if not i have 2 possibilites:
pay for a combine 30k,
or use live account

combine day5
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combine day6
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all trades
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performance
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La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #407 (permalink)
Elite Member
madrid spain
 
Futures Experience: Beginner
Platform: nt
Favorite Futures: None.
 
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Posts: 1,311 since Apr 2013
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trading rules from 28 may practice combine30k

well, i was re writing the plan to fit with this mini tiny (tst rules)

when i was reading, i realize, that i di not re read the plan everyday, i did not do all i write, i did not book some profit as i stated on the plan, i relax from that, and what happened? this

plan
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i am going to re read again before to trade

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #408 (permalink)
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Posts: 1,311 since Apr 2013
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day1 and 2 of new practicing rules 30kcombine down size

only decrease size
but works
well away form the risk to touch limits
it was very relaxing, i could thing better, read, be objective, hold
i need to check more days of course
what will happen when start losing
but the don t care size maybe is the key to practice and learn as bigmike said
2 days more, and then ....tst or live?

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #409 (permalink)
Trading for Profit
Kansas City, MO U.S.
 
Futures Experience: Intermediate
Platform: ToS, Ninja
Favorite Futures: ES, Currency, Tacos
 
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Posts: 211 since Mar 2015
Thanks: 301 given, 118 received

Stay with TST. Live will be even more pressure.

I have a hard time keeping to 15 minutes and cool because then I end up with the fear of missing out, but it is a very good rule, and can keep one from over trading. I suggest, when you are ready to start a new combine, keeping yourself to a loss limit half that of your combine. For instance, I am in a 30k combine, and I will not let myself lose more than 250 in a day. So that I do not come close to the $500 I can lose. That $500 loss will be a kick in the balls. I do not recall who it is that says "trade for tomorrow" so that you can always come back and try again, but I think it is Michael Patak, himself. Going back to the half the loss limit thing, if you lose $250 when that number is 1/4th of your max drawdown, you can have 3 more bad days, whereas, if you flirt with the daily loss limit, you only get one more day to perform that poorly. Obviously, different numbers for the 150k combine, but the proportions are similar. I also trade small size. In fact, on this combine, I haven't sized up. Haven't had a crazy good day, but it's all about working with conditions, and basing your expectancy on that, and being cool the whole time. The more you work at that, the easier it becomes, I am not there yet, but I am doing better than I was. Talking to the team and other traders in the squawk radio room as well as listening to their webinars has helped a lot as well.

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  #410 (permalink)
Elite Member
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Futures Experience: Beginner
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Posts: 1,311 since Apr 2013
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practicing last days of combine5


continue with 30k rules, except the last i increase size,
i was starting live with 30k rules
at the same time
a kind of mess
i feel well with live, more relax than tst
but i can not follow the rules to hold winners, and once i miss a could be good, i can entry in flip flop over trade
tstcombine5
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performance of test 30k is not totally valid because the last day increase size, but in 3 days was good
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La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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