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Afraid to Trade Live - Advice Needed


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Afraid to Trade Live - Advice Needed

  #41 (permalink)
 
Blash's Avatar
 Blash 
Chicago, IL
Legendary Market Chamois
 
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danielk View Post
Ok so you've seem to have deciphered the cryptic Al brooks bar counting system to monitor institutional activities? I mostly see hindsight recaps of what happened in retrospect and a few claims about profitable trades. However i dont see any executions on majority of your charts. And the one i found seems to have a buy executed at a level that price never touched.. ?



Sorry to have to say, all my red flags got raised from the brief visit - but i hope its just me and that you genuinely do well. Perhaps if you post trades when they occur live and refrain from editing them it could encourage a little more trust to future readers (if that even matters to you).



Regardless, all the best in your trading adventure!



FWIW
I have seen Ninja plot executions like that before. It's most probably at that price level on those bars directly to the right.

Ron


Sent from my iPhone using futures.io

...My calamity is My providence, outwardly it is fire and vengeance, but inwardly it is light and mercy...
The steed of this Valley is pain; and if there be no pain this journey will never end.
Buy Low And Sell High (read left to right or right to left....lol)
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  #42 (permalink)
 danielk 
Stavanger, Norway
 
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I was going to edit my original post but figured it might not get noticed so, addendum:

There actually is a CL mini you can trade, the QM. BigMike made a good post about it here.

Might be worth looking into!

"Hey! I've got 10 fresh apples to sell, any hungry buyers out here today?!" "Maybe! Just let me check my moving average and RSI!"
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  #43 (permalink)
 danielk 
Stavanger, Norway
 
Experience: Intermediate
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Trading: ES, CL, Bonds
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Blash View Post
FWIW
I have seen Ninja plot executions like that before. It's most probably at that price level on those bars directly to the right.

Ron


Sent from my iPhone using futures.io

Sure - could be.. but ive never seen a skewn plot before. Ive never seen a plot like that live in general, only on SIM'd market orders that hit into a level without generating a real up/downtick

"Hey! I've got 10 fresh apples to sell, any hungry buyers out here today?!" "Maybe! Just let me check my moving average and RSI!"
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  #44 (permalink)
 Trader146 
Shreveport, LA/USA
 
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danielk View Post
I was going to edit my original post but figured it might not get noticed so, addendum:

There actually is a CL mini you can trade, the QM. BigMike made a good post about it here.

Might be worth looking into!

I've looked at QM some time ago. There wasn't much liquidity at that time. I also didn't like that fact that it traded in quarters. And it was only 2:1 with CL. 10:1 would be a real mini in my book. Or is that a micro?

Anyway, I may look at it again. Thanks for the suggestion.

PS: As you can see I'm up too damn late again. Sleep is important.

Roland

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  #45 (permalink)
 mastercraft29 
central florida
 
Posts: 192 since Jul 2014


danielk View Post
Ok so you've seem to have deciphered the cryptic Al brooks bar counting system to monitor institutional activities? I mostly see hindsight recaps of what happened in retrospect and a few claims about profitable trades. However i dont see any executions on majority of your charts. And the one i found seems to have a buy executed at a level that price never touched.. ?

Sorry to have to say, all my red flags got raised from the brief visit - but i hope its just me and that you genuinely do well. Perhaps if you post trades when they occur live and refrain from editing them it could encourage a little more trust to future readers (if that even matters to you).

Regardless, all the best in your trading adventure!



I dont know what you mean by Al brooks bar counting system? If leg counting is what you think Al Brooks and price action is about then you are way off. The labels on my chart are there to identify bars to understand what I am talking about. And no, these are not "hindsight recaps", I type this out as I am trading at the close of every bar to describe what I see. There would be no benefit for me to do this after the close and if you see what time i post my analysis, how i change my view frequently, and the fact that i am not always right, i think that is obvious.

I have shown my trading for consecutive days (look back through my posts), but do not every day because my personal trading is not the reason i post here. I post my analysis to help others learn price action and how to view the markets.

These are my live trades with real money. if you knew anything about forex you would know that just because the chart doesnt reach your order doesnt mean you dont get filled. Not to mention I have shown days where i lost, or have recovered. If i was faking it why wouldnt I show 80-100% wins? I dont know how you could even "edit" trades which you believe I am doing, and again, what would be the benefit?

You obviously did not read too much into my journal before forming an opinion. I am all about clarity, honesty, and transparency. I do not post BS, and will tell you like it is. Sorry if you dont like that or dont believe me.

But anyways, sorry @Trader146 for hijacking your thread. @danielk - if you want to discuss more feel free to make your comments on my journal or PM me. I enjoy a good challenge, and maybe you could actually learn something by listening to others instead of thinking you already know!

In all sincerity, good luck on your journey. Even if we do not agree.

Josh

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  #46 (permalink)
 
Blash's Avatar
 Blash 
Chicago, IL
Legendary Market Chamois
 
Experience: None
Platform: NT8,NT7,TWS
Broker: InteractiveBrokers, S5T, IQFeed
Trading: The one I'm creating in the present....Index Futures mini/micro, ZF
Posts: 2,311 since Nov 2011
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mastercraft29 View Post
I dont know what you mean by Al brooks bar counting system? If leg counting is what you think Al Brooks and price action is about then you are way off. The labels on my chart are there to identify bars to understand what I am talking about. And no, these are not "hindsight recaps", I type this out as I am trading at the close of every bar to describe what I see. There would be no benefit for me to do this after the close and if you see what time i post my analysis, how i change my view frequently, and the fact that i am not always right, i think that is obvious.



I have shown my trading for consecutive days (look back through my posts), but do not every day because my personal trading is not the reason i post here. I post my analysis to help others learn price action and how to view the markets.



These are my live trades with real money. if you knew anything about forex you would know that just because the chart doesnt reach your order doesnt mean you dont get filled. Not to mention I have shown days where i lost, or have recovered. If i was faking it why wouldnt I show 80-100% wins? I dont know how you could even "edit" trades which you believe I am doing, and again, what would be the benefit?



You obviously did not read too much into my journal before forming an opinion. I am all about clarity, honesty, and transparency. I do not post BS, and will tell you like it is. Sorry if you dont like that or dont believe me.



But anyways, sorry @Trader146 for hijacking your thread. @danielk - if you want to discuss more feel free to make your comments on my journal or PM me. I enjoy a good challenge, and maybe you could actually learn something by listening to others instead of thinking you already know!



In all sincerity, good luck on your journey. Even if we do not agree.



Josh

@mastercraft29 is totally correct concerning FX....

In FOREX price on a chart is driven only by the bid. So if you are going market buy this pairs with the ask and the price chart is only made off the bid. So executions look like this, the ask, of course, being above the bid.

The spread in FX too that varies a considerable amount but less so during that particular FX instruments main trading hours referred to as RTH in futures (if we are to compare to something more are probably familiar with).

For many years I was totally against FOREX guided by poor quality education. I had since been trained by a competent individual and corrected my beliefs.

There is so much opportunity in the FX market it is flat out bonkers.

My trades are swing based in FX but some do turn in to day trades when I'm stopped or if it's not working and the carry trade is not with me.

Ron


Sent from my iPhone using futures.io

...My calamity is My providence, outwardly it is fire and vengeance, but inwardly it is light and mercy...
The steed of this Valley is pain; and if there be no pain this journey will never end.
Buy Low And Sell High (read left to right or right to left....lol)
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
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  #47 (permalink)
 Trader146 
Shreveport, LA/USA
 
Experience: Advanced
Platform: NinjaTrader
Broker: APEXTRADERFUNDING
Trading: NQ
Posts: 93 since Jan 2015
Thanks Given: 284
Thanks Received: 158

I suck in bullish markets. I just don't have the patience. Something else to work on.

I don't know how much longer I'm going to post my results. I've continued posting because I didn't want to be like those who only post there positive result. But if I determine that it's affecting my trading negatively, I will stop.


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  #48 (permalink)
 mastercraft29 
central florida
 
Posts: 192 since Jul 2014


Blash View Post
@mastercraft29 is totally correct concerning FX....

In FOREX price on a chart is driven only by the bid. So if you are going market buy this pairs with the ask and the price chart is only made off the bid. So executions look like this, the ask, of course, being above the bid.

The spread in FX too that varies a considerable amount but less so during that particular FX instruments main trading hours referred to as RTH in futures (if we are to compare to something more are probably familiar with).

For many years I was totally against FOREX guided by poor quality education. I had since been trained by a competent individual and corrected my beliefs.

There is so much opportunity in the FX market it is flat out bonkers.

My trades are swing based in FX but some do turn in to day trades when I'm stopped or if it's not working and the carry trade is not with me.

Ron


Sent from my iPhone using futures.io

I agree, many opportunities every day. Most people just dont understand what is taking place and assume markets are filled with "noise" which couldnt be further from the truth. Every bar is important and everything happens for a reason. It doesnt help that there is so much wrong information out there in the trading world geared towards beginners.

PS I really like your signature, BLSH for sure but more importantly the meditating aspect. I am a firm believer that meditating is crucial to overcoming your emotions. I also think the psychological part of trading is the hardest to overcome. You must master yourself before you can master the markets!

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  #49 (permalink)
 
Blash's Avatar
 Blash 
Chicago, IL
Legendary Market Chamois
 
Experience: None
Platform: NT8,NT7,TWS
Broker: InteractiveBrokers, S5T, IQFeed
Trading: The one I'm creating in the present....Index Futures mini/micro, ZF
Posts: 2,311 since Nov 2011
Thanks Given: 7,341
Thanks Received: 4,518


Trader146 View Post
I suck in bullish markets. I just don't have the patience. Something else to work on.



I don't know how much longer I'm going to post my results. I've continued posting because I didn't want to be like those who only post there positive result. But if I determine that it's affecting my trading negatively, I will stop.






Patience is an amazing attribute.

I have study these type of things for 30 years.

Once you have an understanding of what these type of attributes/virtues are they become easier to develop. Still hard, just a bit easier because you realize what it/they really are and have comparisons and analogies that help you.

Journaling IMHO is one of the things we have in trading as close the the holy grail as we can get. Another is risk management. A third position sizing........

Ron


Sent from my iPhone using futures.io

...My calamity is My providence, outwardly it is fire and vengeance, but inwardly it is light and mercy...
The steed of this Valley is pain; and if there be no pain this journey will never end.
Buy Low And Sell High (read left to right or right to left....lol)
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #50 (permalink)
 Trader146 
Shreveport, LA/USA
 
Experience: Advanced
Platform: NinjaTrader
Broker: APEXTRADERFUNDING
Trading: NQ
Posts: 93 since Jan 2015
Thanks Given: 284
Thanks Received: 158


Taking the day off from trading. The environment doesn't suit me, and I could use a break. May take tomorrow off too.

Happy Trading


Sent from my iPhone using futures.io

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Last Updated on August 12, 2017


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