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self coach trading
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self coach trading

  #41 (permalink)
Elite Member
prague, czech republic
 
Futures Experience: Intermediate
Platform: NT7, MT4
Broker/Data: LMAX
Favorite Futures: DAX, Gold, Euro
 
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alejo View Post
today was too busy, too much
i start late, in a hurry, impacient, i need to work on that
s5, ts and inf live
a lot of trades but only worked ts 3 lot strategy
i am getting confortable trading live , with 2 win days, well done, and controling the drawn down ,but i notice the big difference with the fills, than i used to.
strange thing sometimes i get filled live and the s5 sim not?
i have a rule 5 losing trades stop and 3 in row stop
in s5 i have 3 in a row(-10) but i continue..also i finish +8, it was bad, more attention tomorrow
and in liv,e on trade 9 i got 5 losers , and i made the 10
definitively i need to wait more and choose better options ,because it was too much time and trades,
well done with the test 2000 to 5000 , today i am at 4922.25, only at 78! from the goal
probably tomorrow?, maybe
well done
i need to practice the 3lot strategy live on ts to compare the real live asap
ths s5 is almost discard for several executions reasons
i will open one with amp for 1.68 rt that help me to reduce costs if this strategy works (and with a leese can get 1.30rt)
goal for tomorrow, focus, concentration, mind practice, before, not hurry

Good work. Let me know how yourexperience with AMP goes. I have closed my account with them yesterday. The have no support. I waited 3 weeks for a respond to platform config request and got none. I emailed and filled online support ticket and got no reply weeks after. Finally I filled withdrawal request. You guessed it the did not reply to me anyhow but surprise they sent the money same day and I got it today, from US. unbelievable. Strange company. Great technology with CQG but tgere is no tech support. At all. Moving to Mirus.

Trade to live. Not live to trade.
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  #42 (permalink)
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madrid spain
 
Futures Experience: Beginner
Platform: nt
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amp & IDT top step


xelaar View Post
Good work. Let me know how yourexperience with AMP goes. I have closed my account with them yesterday. The have no support. I waited 3 weeks for a respond to platform config request and got none. I emailed and filled online support ticket and got no reply weeks after. Finally I filled withdrawal request. You guessed it the did not reply to me anyhow but surprise they sent the money same day and I got it today, from US. unbelievable. Strange company. Great technology with CQG but tgere is no tech support. At all. Moving to Mirus.

ok, i will tell what happen.

What do you think about the IDT from topstep?

thanks

alejo

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #43 (permalink)
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madrid spain
 
Futures Experience: Beginner
Platform: nt
Favorite Futures: None.
 
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Posts: 1,311 since Apr 2013
Thanks: 16,557 given, 643 received

live trading or struggling trading


it is incredible the problems i have on the live execution
i want to start the live test with the 3lotstrategy, and then i try to make sometrades to reach the enough margin money to get 3 lot, and start with 2 lot doing everything but not my plan.
the first issue was to pull the stop
the second to let loser get big
the third is i hesitate and i don t exit as quick i was practicing, and on top of that the exit not filled, and a lot of hard stop
the fourth, was i get nervous as i do not get filled as i used to in sim
five i let it convert a scalp trade in a swing trade
the first 2 days was good, but you know, it s only 1 bad trade , and you get kickoff
in the sim, never move the stop with th 3 tick loss and it was sucesfull
this platform transact, i trade most in the past with it, but ,i want to make the test on TS tradestation, to trust in do exactly the same of sim test,also the reports, to compare the gap that i will add on the execution
i am fluctuating between , i got it ! an frustration
also the scalping , it seems very difficult to be succesfull with that, and i was wondering if the first startegy (fade the range, coud be better)
anyway,the key it is me, and i will try it .
if the fills are impossible, then i will move to trade the range, but i do not want have doubt about something that could work
today, i almost don have money to trade, only i can accpet a DD of 6 ticks, and i made 2 big mistakes, withou consecuences because i was lucky, but it is not possible to repeat that.
pull stop, let it big loser, double down,...
it is very difficult to trade with 80$
then i will fund full margin 3 lot, let it:
DD limit 1500, daily limit loss 450 goal 3000 (the result in sim are much better to resist this limits)
and work only in me , with the gaps with sim
i trust in the 3lot strategy, and in TS, i need to check the live fills,
if i trust in the strategy, i have learned the MUST "exit quick"
i have feeled the calm to get the goal every day, not outliers, no dd, no losing days
i believe in repeat it
but i know how easily the things go south
this days i was frustrated for the test live with infinity, but i want to overcome this step, i need to overcome
the main issue it looks with to be right, pattern to work on
meanwhile remember the key

1-Stadistic work for me!
2-anything can happen!
3-not problem with 1 trade result

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


alejo View Post
ok, i will tell what happen.

What do you think about the IDT from topstep?

thanks

alejo

I hear a lot of good things about it but never taken it myself. I am in CTD though.

Trade to live. Not live to trade.
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  #45 (permalink)
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Lehrte, Germany
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: PTP / Rithmic
Favorite Futures: NQ
 
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alejo View Post
What do you think about the IDT from topstep?

thanks

alejo

I went through the IDT training course a couple of months ago and it really was an outstanding experience.

Ray's course is quite interactive with some additional homework to do, really no just 'sit back and relax' program to listen to, and it gave me a lot of personal insights and a better understanding of how to build an appropriate mindset, not only in regards to trading.

I already gave a short review of the IDT course in another thread, but I just can't find it right now...

But bottom line, from my personal view I truly can recommend taking the course.
As far as I know, actually there should be a discount available since TST is promoting the IDT course at the moment...

"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn

Last edited by Daytrader999; November 21st, 2013 at 05:19 PM.
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  #46 (permalink)
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prague, czech republic
 
Futures Experience: Intermediate
Platform: NT7, MT4
Broker/Data: LMAX
Favorite Futures: DAX, Gold, Euro
 
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Posts: 1,517 since Feb 2013
Thanks: 1,739 given, 2,592 received

Yeah I have got the email giving it for 250 comparing to regular 495

Trade to live. Not live to trade.
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  #47 (permalink)
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madrid spain
 
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cdt?


xelaar View Post
I hear a lot of good things about it but never taken it myself. I am in CTD though.

whats cdt?

i am planning to take it for 250 the idt

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #48 (permalink)
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madrid spain
 
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thougths from trades live 24 nov

again , i made today the same thing, instead of take the 6 tick loss, i pull the stop, and finish with 20 tick loss
what is happen?
i do not like be wrong, i started with+6, and that was the goal, in stead of stop, the overconfidence push me to continue trading, or what else?
this days of test, live i see the key problem to execute, me.
i need to work on the pattern to want to be right, i am enroll onthe IDT training course on next monday and tuesday, to work on me, i need to training myself , mi mind to trade, if not, i am in a losing position.
i realize what was happen last year.
Now, i have the doubt about my 3lot strategy, about the execution, and the fills, because now i am sure that will be different.
and my test in sim not considerer wait for my turn in thye line for the limit order on the exchanges (and also tradestation told me that they hold on their servers, and have an algo that choose wat orders go ...?)
also my main problem is not that, my main problem is i want to avoid that pattern of i want to be right, then i pull the stop .
i need to execute the strategy as i have done in sim, that is my goal.
not move stops
take the loses quickly
daily goal +9, max trades per day,10,(ideal 5), max losing trades per day 5, max losing tardes in a row,3, max DD -100tick/$1562, max loosing days in a week,3, max daily lose -27, max risk per trade-9(-145),goal,$3000
trade between 820 til1030 stop, reach goal stop(day+9, week+45,month+180
if i get that , perfect.
after that we see what happen whit the gap between the fills in sim and live.
if will not work, i need to test another thing (for example my start fading the range)

but if i do not accomplish my execution, then...it will be the same whatever strategy,
i am seriously thinking in stop to trying to become a trader
also i need to recognize the type of days to avoid the days that i am not suit with.
(i let my self go for more tick when a big move is detected to try to catch some outlier, trailing it)
holding a losing trades a lot of time, is very bad for my positive thinking, for my focus, for my life, for everything, i know these consequences, are very bad for me , and i want to do whatever to avoid them.
that is my next goal

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #49 (permalink)
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Hong Kong
 
Futures Experience: Intermediate
Platform: NinjaTrader, TWS
Broker/Data: IB/Kinetick
Favorite Futures: ES
 
Posts: 233 since Jan 2012
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alejo View Post
again , i made today the same thing, instead of take the 6 tick loss, i pull the stop, and finish with 20 tick loss what is happen?
i do not like be wrong, i started with+6, and that was the goal, in stead of stop, the overconfidence push me to continue trading, or what else?
this days of test, live i see the key problem to execute, me. ... ...

Who is that 'I' and 'Me' you are talking about? Yes, 'me' is the problem so stick with sim trading a little longer and finish (and apply) that Brett Steenbarger book you referred to earlier. I assume Brett talks about the multi-personalities inside us all, as he did in earlier book 'Psychology of Trading'. That is your problem - as it is mine and most other human beings too. Develop your internal observer and do not trade live without 'him/her'.

Hang in there. Just stop live trades until you are very consistent on sim (and have your observer working to protect you). No point giving your money to other traders so soon! Be wise. Good luck.

Richard
Hong Kong

Last edited by RichardHK; November 24th, 2013 at 02:42 AM. Reason: Edit to add 'her'!
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  #50 (permalink)
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madrid spain
 
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situation on 25 nov


suddenly i have a lot of doubts about the strategies i was testing in sim.
just the days previous to going live test.
i was very well surprissed about my results but i start to have some thougts: a lot of traders are given me a warning and an advice about the difficult to try to scalp
on top of that, i have the issue with how the orders will fills, also i disected the info i collect with my tests , and i have several possibilities to test.
i feel like in a tunnel , going deep and get more dark
very contrasting with the happiness of getting my goals on the sim test last week
i am also trying to understand and applying the probabilistic analyis to my strategies
i join today and tomorrow the IDT course from topstep, to help me with the mind process.
then ,instead of testing live, i start a slipage test with 3 lot strategy, adding +1tick to the targets to check ,if with that , it remains profitable.
But today i execute the trades very bad, it was my first losing day on the test, also i made 4 losing in a row (limit 3)
i am feeling very lost, i need to re focus.
there s a universe out there to learn, to read, is like walk on a desert and i need to decide where is the way, or stay in a big tunnel and you need to decide which side to walk to get the exit, maybe you are closer to one end, but you walk for the other end.
my goals:
train my mind
get focus
test the strategy

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