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self coach trading
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self coach trading

  #61 (permalink)
Elite Member
prague, czech republic
 
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Favorite Futures: DAX, Gold, Euro
 
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alejo View Post
you are right, i was trying to test my self respecting the stop loss and accept them, because i noticed that in sim i let it but in live was different

but i do not have a system yet, then i go again to live to try to handcraft one
thanks

alejo

Look for the "CL trades" thread from Vince Virgill. There are few guys trading his system live on forum and publishing their results daily. Nothing too complicated and no really suffering of go-live phenomenons like slippage. Fixed stop loss, so no reason to move it.

https://futures.io/elite-trading-journals/23787-cl-crude-oil-futures-contract-trades.html
https://futures.io/elite-trading-journals/27421-taking-leap-towards-self-employm...il-futures-contract.html

Trade to live. Not live to trade.
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  #62 (permalink)
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madrid spain
 
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cl vance


xelaar View Post
Look for the "CL trades" thread from Vince Virgill. There are few guys trading his system live on forum and publishing their results daily. Nothing too complicated and no really suffering of go-live phenomenons like slippage. Fixed stop loss, so no reason to move it.

https://futures.io/elite-trading-journals/23787-cl-crude-oil-futures-contract-trades.html
https://futures.io/elite-trading-journals/27421-taking-leap-towards-self-employm...il-futures-contract.html

thank you for your idea, i was reading that thread a couple of months, it is very interesting.
i have trade cl in my horror months, and i use to love that
but really, i am not prepared for its volatility and speed

now i am focus on zn, it gives me more time to think, and its less risky for volatility reasons

also ,i think ,if i find a strategy that works for me with zn, i can increase size

i am almost completely lost, if you have some suggestions that you considerer could help me to trade zn, to know where i am stand up, perfect!

i am using js dom to try to read and trade with that,

thanks

alejo

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #63 (permalink)
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Hong Kong
 
Futures Experience: Intermediate
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alejo View Post
... ... i am almost completely lost, if you have some suggestions that you considerer could help me to trade zn, to know where i am stand up, perfect!
i am using js dom to try to read and trade with that,
thanks alejo

Are you trading JS Dom only? Then John Grady's No BS ebook is helpful. But really, I would hope you are using a chart for finding your entries, and then the JS Dom for confirming same.

Here's a FREE Trading Course that may help. It's from Adam Grimes who covers trading and psychology. Based on price action which you can also learn from Al Brooks or Mack. See the PATS trading journals here for more.

Don't go live trying to perfect a system. That's what SIM is for.

Richard
Hong Kong
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  #64 (permalink)
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alejo View Post
thank you for your idea, i was reading that thread a couple of months, it is very interesting.
i have trade cl in my horror months, and i use to love that
but really, i am not prepared for its volatility and speed

now i am focus on zn, it gives me more time to think, and its less risky for volatility reasons

also ,i think ,if i find a strategy that works for me with zn, i can increase size

i am almost completely lost, if you have some suggestions that you considerer could help me to trade zn, to know where i am stand up, perfect!

i am using js dom to try to read and trade with that,

thanks

alejo

Sorry man, I am a total stranger to bonds, I trade dax, cl and gc.

Trade to live. Not live to trade.
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  #65 (permalink)
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madrid spain
 
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dom trade


RichardHK View Post
Are you trading JS Dom only? Then John Grady's No BS ebook is helpful. But really, I would hope you are using a chart for finding your entries, and then the JS Dom for confirming same.

Here's a FREE Trading Course that may help. It's from Adam Grimes who covers trading and psychology. Based on price action which you can also learn from Al Brooks or Mack. See the PATS trading journals here for more.

Don't go live trying to perfect a system. That's what SIM is for.

thank you so much

yes, i use several charts and mp to try to find the S/R,

I take note from your indications, now i am reading mind over markets, i have read wyckof, weiss, also i have take the training fom john g.

thanks

alejo

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #66 (permalink)
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madrid spain
 
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bonds ,cl,dax,gc


xelaar View Post
Sorry man, I am a total stranger to bonds, I trade dax, cl and gc.

fantastic you can ride them!congratulations!

i use to try to trade fdax,gc,cl...and lost a lot
i have got atracted for the speed to create ....or destroy money

and they have in common with zn that all moves....
but at diferent paces

maybe sometime i can trade those from a different perspective

thanks for your feedback


alejo

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #67 (permalink)
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stage2

last week i have finished an stage, i close the test to try scalping 1 and 2 tick and this week start to trying the scalping strategy with 5 stop loss and minimum 4 target in sim, and i try 100 samples and check the results.
It was good i took 4/5 days to cooling the heat i have with the live testing, of not move the stops.
I was feeling bad about that experiencies, instead of increasing the confident, that destroyed it.
I need to refocus on the track, I continue my practice on zn, I will continue to hand crafting the strategy, I have a lot of doubts, I realize the lot of of things than i need to know but in the other hand ,also i know that the problem is not the amount of knowledge, maybe the opposite is true.
The other day i went to close a sale with a client , and i saw he was checking some charts of forex, and he say he started to practicing 3 month ago, sim, no fear, he convert 10k in 90k, high confidence, and what true it is, at first we do not realize that we have the closest mindset necesary to become a sucessfull trader.
He show me two simple graph, w and 4 hs(1 monitor), and how ,he decide his entries, trend w, trend 4h,use stops, target>stops
that is.
simple.
I recomend him, to journal, and practice only that,and choose 1 instrument (he is practicing with 12)
we will see what happen when he start to trade live, and receive a big smack down...

When i try to learn MP, dom, etc, i feel strange, is that necesary?
Or the problem is to forget the big smackdown that i have received?
forget is not possible
live with that, maybe
trade with that...
we ll see
first i practice this strategy to see if i can be profitable with that.
must i watch more webinars? read more books?

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #68 (permalink)
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market wizard?

today i wake up with this new label, that s nice, but i not deserve that, i am only a begineer struggling as a crazy.
that is 5% members points levels,ok, it looks to big the label
It is motivating for my future, maybe, some times, become market wizard...
each day i feel the way is longer.
i was wonder how overcome the amount of info and material that look interesting out there, boks, webinars, etc.
and the limited time that one have it
maybe i have too much platforms , too much material to read, here in bmt theres a tons of interesting thing , to read, to watch, and i can lose my north
Also i have not re read my own thread, i think that is prioritary
Maybe i do not want to do it, ?
I have more than year of documented trades than never re read, i know that were horrible trades , i remember well
I am reading mind over market and theres a lot of ideas and things to learn and study and practice there
the same with wyckoff, yesterday another trader provide me more info, i am planning to join mext week a webinar for eurex.
Theres a lot of things to do
The question is , which one can help me in my path?
I receive a PM froma trader that suggest me to check a website, one more.NOOO!! please, no more
I say not and i not press the hyperlink.
I have the stage5 material,bmt ,books, tapereading videos, my journal,
the IDT says filter the info!
i would like to stop and say, with my knolwledge i have enough to create my handcraft
I need to learn how to realize if it fit or not my personality
I need to find and test at least 1 (i am here stage2)
as @Traderwolf says, maybe a couple of years in this stage...i hope not
but a couple of month ago, i talk with one trader that told me that after 6 years he is not get it, and continue be a member of a trading room...crazy (but he did not this path, journaling, find his own way)
i am starting to record the sessions, and maybe could be interesting to re watch the reversal, the priceaction, to learn. i need to find time to do that
i give me the task to re read my threads and extract the conclusions
the trade for today took more 3 hs to develop, i have the patience, to wait, that was good
i suggest, focus on your strategy test, on tape reading, on MP, try to simplify the platforms, find time to re read the threads. trading time 2 hs only, the rest study., focus
you need to find the strategy that work on sim for you with 1 lot
test you in live
try to work live with 1 lot
find your level of risk and trade it
good work
good luck

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #69 (permalink)
Trading Apprentice
Ottawa, Ontario, Canada
 
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Too close Stop Loss

Hello Alejo:

I was going through your thread. I found that you had 3 ticks stop loss at the beginning of your trading journal. Did you got stopped very often? Which instrument did you trade initially?

Let me know please. This will help me learning.

Best,

SYED

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  #70 (permalink)
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3tick stop?



Syed Hassan View Post
Hello Alejo:

I was going through your thread. I found that you had 3 ticks stop loss at the beginning of your trading journal. Did you got stopped very often? Which instrument did you trade initially?

Let me know please. This will help me learning.

Best,

SYED

well, i use to have 1 tick and 2 tick target, then i did not get stopped so much (i reach this conclusion after watching most trades only go 1 or 2 tick, and my plan was to capture that)but i use 3 lot for that strategy, i like it a lot

(the problem was when i try this live, it doesn not work because the live fills were different, almost 1 tick difference)

in the period of 24sept to 15 oct i went for big targets with 1 lot ,and there, i had have stopped a lot (now i am coming back to this period but with 5 tickstop

my idea was to close it imediatly if it goes bad, but i need some room to enter

ZN since i start the test in sept

thanks for your interest!

alejo

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