My Journey to Psychological and Physical Health - Psychology and Money Management | futures io social day trading
futures io futures trading


My Journey to Psychological and Physical Health
Updated: Views / Replies:11,598 / 78
Created: by ZTR Attachments:23

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Closed Thread
 23  
 
Thread Tools Search this Thread
 

My Journey to Psychological and Physical Health

  #31 (permalink)
 R.I.P. 1960-2010 
 
Futures Experience: Advanced
Platform: NinjaTrader7
Broker/Data: Mirus RCG/Zen-Fire
Favorite Futures: CL & 6e, looking at ES, ZB and AU again.
 
ZTR's Avatar
 
Posts: 2,099 since Nov 2009
Thanks: 1,104 given, 1,390 received


Fat Tails View Post
The problem is the same as in trading. I need to overcome anchoring to achieve consistency. A stop-loss that has been triggered removes the bias created by my position. After the stop-loss has been triggered, I am free again to consider all three options available. Going short, going long or doing nothing.

Here is example that, thought short was possible turns out I was early. But I knew that there was one more rise up in this possible, just from experience. So I reversed. Basically breakeven for the day is I'm only trading when feeling well. Which takes me hours before that happens.

Next time I'll take the next short. I'm was just happy to get out with breakeven. So I realize that self-imposed rules also need to be flexible. It's not a matter over trading is a matter trading at the right time.

R.I.P. Andy Zektzer (ZTR), 1960-2010.
Please visit this thread for more information.
Attached Thumbnails
My Journey to Psychological and Physical Health-ym-09-10-128-volume-8_24_2010_1252.jpg  
 
  #32 (permalink)
Elite Member
In the heat
 
Futures Experience: None
Platform: NT
Favorite Futures: Energy
 
PandaWarrior's Avatar
 
Posts: 3,155 since Mar 2010
Thanks: 6,306 given, 13,250 received


Fat Tails View Post
It is easy to achieve consistence here: Decide whether the girl should be spinning clockwise or counter-clockwise. Then look at a point below her feet. When you look up again she follows the direction you imagine. Just need to disconnect your brain from the moving image to allow for a change. This is just another type of anchoring.

I was able to make her change directions for the first time today. Not once but several times. Last time I tried, I could not get her to switch. Does this mean something. Maybe not, but it does mean I paid attention to @Fat Tails instructions on how to do it!

Simplicity is the ultimate sophistication, Leonardo da Vinci


Most people chose unhappiness over uncertainty, Tim Ferris
The following user says Thank You to PandaWarrior for this post:
 
  #33 (permalink)
 R.I.P. 1960-2010 
 
Futures Experience: Advanced
Platform: NinjaTrader7
Broker/Data: Mirus RCG/Zen-Fire
Favorite Futures: CL & 6e, looking at ES, ZB and AU again.
 
ZTR's Avatar
 
Posts: 2,099 since Nov 2009
Thanks: 1,104 given, 1,390 received


..........

R.I.P. Andy Zektzer (ZTR), 1960-2010.
Please visit this thread for more information.
Attached Thumbnails
My Journey to Psychological and Physical Health-img_20100825_150220.jpg   My Journey to Psychological and Physical Health-cl-10-10-128-volume-8_26_2010_911.jpg  

Last edited by Big Mike; September 21st, 2010 at 06:25 PM. Reason: removed by request
The following 3 users say Thank You to ZTR for this post:
 
  #34 (permalink)
 R.I.P. 1960-2010 
 
Futures Experience: Advanced
Platform: NinjaTrader7
Broker/Data: Mirus RCG/Zen-Fire
Favorite Futures: CL & 6e, looking at ES, ZB and AU again.
 
ZTR's Avatar
 
Posts: 2,099 since Nov 2009
Thanks: 1,104 given, 1,390 received

Was not sharp today so did some crazy simming, felt 10,000 would be stopping point and shorted into the rally after. This was to see if I had a feel. Did, but was not concentrating enough to go live. Yellow are shorts, 1 car at a time, and other arrows are covers, also 1 car at a time. NT 7 can actually do this, as I have shown in the past, so paring down to 10 cars makes this a possible way to build up and unwind a position.

R.I.P. Andy Zektzer (ZTR), 1960-2010.
Please visit this thread for more information.
Attached Thumbnails
My Journey to Psychological and Physical Health-ym-09-10-32-volume-8_26_2010_1304.jpg  
The following user says Thank You to ZTR for this post:
 
  #35 (permalink)
 R.I.P. 1960-2010 
 
Futures Experience: Advanced
Platform: NinjaTrader7
Broker/Data: Mirus RCG/Zen-Fire
Favorite Futures: CL & 6e, looking at ES, ZB and AU again.
 
ZTR's Avatar
 
Posts: 2,099 since Nov 2009
Thanks: 1,104 given, 1,390 received

Feelin' really slow today. Woke up late, decided to see if I could read the DOM.

I can but not for very long. I'm seeing trades all time I'm just a little too slow on meds. But it's way better than before.

R.I.P. Andy Zektzer (ZTR), 1960-2010.
Please visit this thread for more information.
Attached Thumbnails
My Journey to Psychological and Physical Health-ym-09-10-128-volume-8_27_2010_828.jpg  
The following user says Thank You to ZTR for this post:
 
  #36 (permalink)
 R.I.P. 1960-2010 
 
Futures Experience: Advanced
Platform: NinjaTrader7
Broker/Data: Mirus RCG/Zen-Fire
Favorite Futures: CL & 6e, looking at ES, ZB and AU again.
 
ZTR's Avatar
 
Posts: 2,099 since Nov 2009
Thanks: 1,104 given, 1,390 received

[11:11:32] ZTR: Now there's low volume (to)75.40.
& Look where CL is finishing. Next week after a few days of tradeing YM I will start trading CL live again.

I was too slow today, but I am feeling so much better. Make one more trade. Lost 4 pips

Down about four dollars for the day. Not bad considering that I really over did this week. But what doesn't kill you or disable you too much, makes you stronger.

Will take it easy this weekend. Do some replay. Go back over the setups unidentified as having a high probability of success, & build an entry system that minimizes risk and preserves capital.

My goal for being consistent by September maybe delayed a little bit. But only by a few weeks.

R.I.P. Andy Zektzer (ZTR), 1960-2010.
Please visit this thread for more information.
Attached Thumbnails
My Journey to Psychological and Physical Health-ym-09-10-128-volume-8_27_2010_1302.jpg   My Journey to Psychological and Physical Health-8-27-2010-13-13-15_lvol.jpg  

Last edited by ZTR; August 27th, 2010 at 05:15 PM. Reason: Added CL chart
 
  #37 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,651 since Mar 2010
Thanks: 4,226 given, 25,599 received
Forum Reputation: Legendary

I am just discovering rolling pivots. They are an excellent indicator for balancing price action and a predictor of a trend. Two charts for CL:

The first chart shows the 3 day-rolling pivot ranges. What is the meaning? A narrow pivot range shows that price closed near the balance line. This either means low volatility or a balancing price action. The pivot ranges of the last 3 days show that they were stabilizing. On Wednesday the main pivot below the balancing line, yesterday at par, and today already above. See first chart below.


The daily pivot range was already ways up and well this morning. When the downside breakout from the opening range stalled, this was a once in a month opportunity to go long. The extremely narrow pivot range showd that yesterday was a balancing day, which increased the odds for a trend day. The downside stalled breakout added the fuel of the squeezed shorts. See second chart below.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).



Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

The following 3 users say Thank You to Fat Tails for this post:
 
  #38 (permalink)
 R.I.P. 1960-2010 
 
Futures Experience: Advanced
Platform: NinjaTrader7
Broker/Data: Mirus RCG/Zen-Fire
Favorite Futures: CL & 6e, looking at ES, ZB and AU again.
 
ZTR's Avatar
 
Posts: 2,099 since Nov 2009
Thanks: 1,104 given, 1,390 received

The last two weeks was about changing habits.

So, I worked on spending a reasonable amount of time on the forum, none for a week and then only when I felt there was something I should look at. Tried to find my physical limitations and make sure I consistently, yet slowly, expand them. Believe these were accomplished.

The next goal is to start physical therapy in 3 weeks. But most important, work on visualizing how I want to live my life. This just requires some quiet time each day & I can combine it with some very light stretching. So it will satisfy two goals.

When I was reading a lot of threads the same idea would show up in different threads at the same time. This week it was trading less. I read very little this week but both the @TheWizard and @aztrader9 mentioned this.

This is the next goal to be incorporated. Pick times I feel good and trade then. But once started, limit it to a reasonable amount of time. Again, this will depend on how I feel. But have learned that sitting here all day is not productive.

One only needs a few high probability entries a week to be successful. After a trade, stop for a while & reset, no matter the outcome.

R.I.P. Andy Zektzer (ZTR), 1960-2010.
Please visit this thread for more information.
The following 4 users say Thank You to ZTR for this post:
 
  #39 (permalink)
 R.I.P. 1960-2010 
 
Futures Experience: Advanced
Platform: NinjaTrader7
Broker/Data: Mirus RCG/Zen-Fire
Favorite Futures: CL & 6e, looking at ES, ZB and AU again.
 
ZTR's Avatar
 
Posts: 2,099 since Nov 2009
Thanks: 1,104 given, 1,390 received

So This will be short as I broke Dragon Naturally speaking.

I made several sim trades, should have gone live, but I was in pain last night and medded up, still am.

Here are 2 trades: YM last night and CL this morning.

I have been visualizing doing all the things I want to do when I recover, including trading well. I will post the details in the Price, Volume & the DOM thread.

R.I.P. Andy Zektzer (ZTR), 1960-2010.
Please visit this thread for more information.
Attached Thumbnails
My Journey to Psychological and Physical Health-8-29-2010-22-53-54.jpg   My Journey to Psychological and Physical Health-8-30-2010-09-51-48.jpg  
The following 2 users say Thank You to ZTR for this post:
 
  #40 (permalink)
 R.I.P. 1960-2010 
 
Futures Experience: Advanced
Platform: NinjaTrader7
Broker/Data: Mirus RCG/Zen-Fire
Favorite Futures: CL & 6e, looking at ES, ZB and AU again.
 
ZTR's Avatar
 
Posts: 2,099 since Nov 2009
Thanks: 1,104 given, 1,390 received

Never Give Up


After a few scary days of a graft vs. host flare-up, was really scared that this was the end. I am at peace with that, but the fighter in me can't accept that it is inevitable. So, I made my usual ruckus...

Today, my doc came through and will start an ancillary treatment to attenuate my immune system, this begins Friday. This will give Gleevec and Cyclosporine a chance to get ahead.

Now, I have hope.

Remember - only the most cantankerous patients survive & thrive! You are completely responsible for your own: happiness, survival and outcomes. Visualize positive outcomes and good things will happen.

Trading will have to wait as the new regime requires a higher steroid dose and my return to heavy pain meds until results are evident. I can live with that.

R.I.P. Andy Zektzer (ZTR), 1960-2010.
Please visit this thread for more information.
The following user says Thank You to ZTR for this post:

Closed Thread



futures io > > > My Journey to Psychological and Physical Health

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
A Psychological Win Today Blz17 Psychology and Money Management 4 April 3rd, 2016 09:34 AM
Trader's Health GridKing Off-Topic 51 November 26th, 2013 03:03 PM
Is this how we pay for Health Care rtrade Off-Topic 32 June 25th, 2011 12:12 AM
Best Method for Trading Physical Foreign Currency for USD? jny11 Currency Futures 11 April 29th, 2011 11:33 PM
Psychological Reversed rtrade Psychology and Money Management 14 December 3rd, 2010 07:25 PM


All times are GMT -4. The time now is 11:41 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-11 in 0.14 seconds with 20 queries on phoenix via your IP 54.82.81.154