self coach trading

September 10th, 2014, 02:55 AM

isla

Hello alejo,

I've been following your posts for over a year now. I don't know if you think you are struggling or if you are ok with trying new methods and ideas over and over again.

yes i am struggling of course, more than struggling ...

In case you do feel lost:
I don't want to give you any advise to prevent additional confusion.

i appreciate your comments and your time

But please do yourself a favour and stop experimenting and focus on one method you do understand.
good idea!
i need to try to find something i understand

I'm sure that by now you've accumulated enough knowledge. There must be something you believe in about markets. Really give yourself a chance and prove if that works or it doesn't. It will take time. You may need to make some adjustments down the road, but if your views are based on solid principles you should be able to find a way out just by analysing your own performance. Sometimes your mistakes can be a source of future opportunities.

good idea

You need to realise that there is a chance you would have turned the corner by now if you didn't jump from one method to another.

could be, yes

I think this is the single most important decision you need to make. If you don't, you don't stand a chance.

thanks

September 10th, 2014, 03:08 AM

Itchymoku

what happened to trading zb / zn?

thanks for ask and for your interest

as i try to learn ft71 way with VP, and he use indexes ,es,etc i am practicing with them

also what happened while i was practicing with zn, was ,i do not like it the way a lot of time zn is correlated with es,
sometimes directly, sometimes inversely
i was watching zn, then something happen with es, affect very directly zn
who manage who?

i think also the nq offers more trades opportunities, more volatility, and less risk per tick 5 agaisnt 15 tick,

all these things are general ideas why i am trying different things to find something i feel comfortable

also i was practicing with m6e but it is difficult to cost lot/target for short targets and stay focus with the little amount of money
and with big swings i made horrible

September 10th, 2014, 03:17 AM

alejo

thanks

100% agree with you alejo!

It is all about our beliefs, which includes finding your edge and developing it, which you can only do when you believe in it!

That edge may be a Volume Profile, measured move / pattern or indicator (or whatever) based.

But that is not enough: you need to have strong beliefs about your risk management, eg: "I believe I must get my trade safe quickly by either moving my stop on scaling out so I can relax and let this trade go and focus on the next trade, because the outcome of this trade is determined by a random series which will be profitable in the long run, because I have an edge I understand and believe in."

Stick to one approach, develop your style, become an expert and never change it - at the same time work on your own psychology and learn to manage your emotions.

Good luck and good trading!

September 12th, 2014, 03:06 AM

turn here?
it will continue down?
again and again
but in a moment, swift rejection
it has turned
yes was there
it is easy now see that
but i am out
can i enter now?, chase it
what if it is a pullback and continue?

if wait and do not enter , i can lost

i think the problem i had is because i do not like it lost the possible move, i am not wait it, not be patient to wait enough
and jump early

but once it has turn..i can enter in the first pullback? or go with them

September 12th, 2014, 04:17 AM

preparation

charts

i go to networking meeting now and i come for the open

September 15th, 2014, 09:29 AM

September 16th, 2014, 04:45 AM

yesterday i passed the combi,

but with trades with 30lots, then is not valid for this little combi
i was building a position, or ad to losers?or fighting the trend?
i lost all the trend down
i will test the 150k combi max 15l dll3k, max dd 4k5 target 9k to let have some flexibility or dry powder as mfbreakout says
i stop the tests with the 8 tick or 24 tick stop target tests, i will manage the position trying to enter with trend in the key levels zones, managing the risk accordingly, or trying to

September 16th, 2014, 05:41 AM

i need to watch them
and see ON and make the prep

September 16th, 2014, 09:04 AM

ON

Prep

today i start the combi150k test with 15 lots
target 9000
max DL -3000
max DD -4500

atr aprox30x1.5 45 stop loss
start with 3lot and build up if go well

September 17th, 2014, 03:34 AM

yesterday the hyp 2 test 4010/4000 area and find buyers to 4060poc ,was perfect, i have writed it, so?
nothing, i could not reach it, or trade it accordingly
i was short bias, and i sell the pullback, also i see a strong OS rej, and internals, but i could not be objective� also i add to the posit, and when i was able to exit with profit, and i think i can reverse around4016 i did not, and i get a big loss,
i overpass the limits but i will continue the 10 days combi for trainning purpose

why is so difficult to staying in the right side?
i need to be more objective a give atention to the sign i am seeing as they unfolded

for today

30 min

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