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Desperate call for help, I CANT execute my discretionary trading plan no matter what


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Desperate call for help, I CANT execute my discretionary trading plan no matter what

  #31 (permalink)
nenuser
Buenos Aires, Argentina
 
Posts: 30 since Jul 2018
Thanks Given: 31
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Pa Dax View Post
Sounds more and more like you're just trying to sell a system. I'm outta here.

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I don't blame you for believing this, as I would think the exact same if someone random on the internet, new to the forum would be posting this. But, I don't see another way.

I don't know if you believe in God, or in something higher. I swear it by God, by all its Holy, by my family's health and my own health that I am not trying to sell something. It goes against my deeper inner values, I prefer failing than selling a system.

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  #32 (permalink)
 
bobwest's Avatar
 bobwest 
Western Florida
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nenuser View Post
About what you say about being surprised of sharing profit, as the title says I cant find a solution to my issue. I wish I could, I am willing to give it all if someone would be able to help me with it.

I think you deeply misunderstood what I meant when I wrote this:


bobwest View Post
You have a chart that's annotated with the trades you would have made, if you only traded. But you didn't. This just is not trading. It surprised me to read when you said that you would offer to share your profits with someone who is willing to follow your ideas and do the mouse clicking for you.

...

Why would someone think your ideas are so valuable, when you don't trade them? Until you have something in the game, and do so over and over again, you don't know anything about trading.

To be clear, my surprise was not that you would be willing to share your profits. My surprise was that you thought you had a reason to think there would be any profits, when all you had was an annotated chart and no actual trading. or trading that you had cut short and never allowed to go to completion. Anyone and everyone has charts they have marked trades on. If they didn't take the trades, they don't realize how extremely different actual trading is from theorizing about a trade you "would have" taken.

What people find out when they really trade is basically what you have found: trading will scare the hell out of you. Everyone finds that, right away. But if you don't confront it, you don't know trading. Your theoretical "would have worked" trades simply are not real. Yes, I know you have said you take them and then close them after a few ticks. That's my point. This is not real trading. You can say, after the fact, that they "would have" been great, profitable trades. But it matters that you never held them. You never had the high profitability percentage you think you did, because you didn't trade them to a real completion.

So, my surprise is that you think you are a good trader, good enough for someone to take your charts as your evidence of your ability and knowledge and be willing to trade at your direction.

I'm sorry, but you aren't willing to trade at your direction. I don't think anyone else would be, or should be, either. I would strongly advise anyone not to.

I am not unsympathetic to the fact that traders can freeze when they have to make, or hold onto, a position. There is no trader who doesn't know that fear, or hasn't at one time. Trading, again and again, facing the risk and if necessary taking the loss, is the way to get over it. For that, you need to have the resources to withstand a loss, again and again, which gets things back to the solution: don't put all your eggs in the trading basket, and secure a reliable source of income first.

Then, you have to face it and trade, or find another thing to do.

Bob.

When one door closes, another opens.
-- Cervantes, Don Quixote
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  #33 (permalink)
 
bobwest's Avatar
 bobwest 
Western Florida
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nenuser View Post
Again, I am looking for someone who is willing to trade my ideas. I will pay a % of each profit as well as teaching you ALL I know and allowing you to copy what I see.

If anyone is interested, or likes what I am doing and just wants to learn for free (even if not interested in being the one who executes my ideas) and is passionate about trading please PM me here. Also, if someone wants to help me directly without doing the trading stuff please also do PM me. I am in so much need of help, it feels I did all the technical analysis mastering, I am there, and I cant take action on it.


Pa Dax View Post
Sounds more and more like you're just trying to sell a system. I'm outta here.

Sent using the NexusFi mobile app

I wanted to write the previous post I made before addressing this, on the assumption that things could be on the up and up, which of course they could be. I hope they are.

But now I'm going to respond to this whole thread as a representative of the forum.

When someone talks about how someone can get hold of some profits and suggests people message them for details, alarms go off.

I strongly hope that no member of this forum takes you up on the offer. I just explained in my last post why I think it would be a bad idea, and the reasons do not require there being anything wrong with your offer, other than the fact, as it seems to me, that you have no case for being a profitable trader and you should solve that problem, not continue with the idea that you in fact are. Your evidence, and all your posts, are enough to show that you simply are not, and that no one should want to follow your direction. And there's nothing wrong with that, either. Everyone starts somewhere, and everyone has their issues.

So no one should take you up on it, basically.

But if any do, I hope they notify the mods if you make any offer to them where they would put up anything at all, in any way, for any reason, in order to get into this profit opportunity. That would be selling, and you would not be allowed to stay here.

I'm not accusing you, I'm simply pointing out that an alarm has gone off. If this is mistaken, I'm sorry to have made the mistake, but it is necessary to issue the warning, to protect others who are struggling and who might be tempted, just in case it's not a mistake.

I read your post denying any such intention. That's fine, but doesn't prove anything. Your subsequent actions may. We'll have to see.

Bob.

When one door closes, another opens.
-- Cervantes, Don Quixote
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  #34 (permalink)
 
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 tigertrader 
Philly, Pa
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Personally, I never even considered that this was a scam. Rather than a classic example of the Dunning–Kruger effect.

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  #35 (permalink)
 
syswizard's Avatar
 syswizard 
Philadelphia PA
 
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nenuser View Post
As to the trades, they were all taken. The sole entries taken that day, I can show the executions, but pathetically in all of them I closed them 5 minutes later for a minimum gain without respecting their targets...

Ok, let's see the trading stats. They will tell a lot about your execution ability.
Trading stats are the most important thing you can have right now.
Otherwise, no one can really help you.

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  #36 (permalink)
nenuser
Buenos Aires, Argentina
 
Posts: 30 since Jul 2018
Thanks Given: 31
Thanks Received: 30


syswizard View Post
Ok, let's see the trading stats. They will tell a lot about your execution ability.
Trading stats are the most important thing you can have right now.
Otherwise, no one can really help you.

I have been working on 20 trade samples, done SEVERAL of them. The trades annotated on the excel files are trades which were taken. They are not written after the fact.








older sample









older sample 2021














I have more, but this gives you an idea hopefully.

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  #37 (permalink)
nenuser
Buenos Aires, Argentina
 
Posts: 30 since Jul 2018
Thanks Given: 31
Thanks Received: 30


tigertrader View Post
Personally, I never even considered that this was a scam. Rather than a classic example of the Dunning–Kruger effect.

I know what you mean, I am well aware of the "Dunning-Kruger effect". Sadly that's not the case

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  #38 (permalink)
nenuser
Buenos Aires, Argentina
 
Posts: 30 since Jul 2018
Thanks Given: 31
Thanks Received: 30


bobwest View Post
I wanted to write the previous post I made before addressing this, on the assumption that things could be on the up and up, which of course they could be. I hope they are.

But now I'm going to respond to this whole thread as a representative of the forum.

When someone talks about how someone can get hold of some profits and suggests people message them for details, alarms go off.

I strongly hope that no member of this forum takes you up on the offer. I just explained in my last post why I think it would be a bad idea, and the reasons do not require there being anything wrong with your offer, other than the fact, as it seems to me, that you have no case for being a profitable trader and you should solve that problem, not continue with the idea that you in fact are. Your evidence, and all your posts, are enough to show that you simply are not, and that no one should want to follow your direction. And there's nothing wrong with that, either. Everyone starts somewhere, and everyone has their issues.

So no one should take you up on it, basically.

But if any do, I hope they notify the mods if you make any offer to them where they would put up anything at all, in any way, for any reason, in order to get into this profit opportunity. That would be selling, and you would not be allowed to stay here.

I'm not accusing you, I'm simply pointing out that an alarm has gone off. If this is mistaken, I'm sorry to have made the mistake, but it is necessary to issue the warning, to protect others who are struggling and who might be tempted, just in case it's not a mistake.

I read your post denying any such intention. That's fine, but doesn't prove anything. Your subsequent actions may. We'll have to see.

Bob.

I understand you Bob, I am not sure if you can check my PMs but for what its worth if you can and someone messages me I wont be talking outside the forum (No discord, no email) so you can check I am not willing to sell anything, not even teaching people. I believe money is to be made from trading not in selling how to learn to trade or a system or any of the sort. I have taught several people just because my mentor did the same thing with me and it also helps me polish my technical analysis skills and maybe I can finally solve my psychological issues by giving my ideas more order.

I understand about the "selling" part, so I withdraw the offer on the execution. After all, I need to be the one executing not someone else to call myself a trader.

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  #39 (permalink)
nenuser
Buenos Aires, Argentina
 
Posts: 30 since Jul 2018
Thanks Given: 31
Thanks Received: 30


bobwest View Post
I think you deeply misunderstood what I meant when I wrote this:



To be clear, my surprise was not that you would be willing to share your profits. My surprise was that you thought you had a reason to think there would be any profits, when all you had was an annotated chart and no actual trading. or trading that you had cut short and never allowed to go to completion. Anyone and everyone has charts they have marked trades on. If they didn't take the trades, they don't realize how extremely different actual trading is from theorizing about a trade you "would have" taken.

What people find out when they really trade is basically what you have found: trading will scare the hell out of you. Everyone finds that, right away. But if you don't confront it, you don't know trading. Your theoretical "would have worked" trades simply are not real. Yes, I know you have said you take them and then close them after a few ticks. That's my point. This is not real trading. You can say, after the fact, that they "would have" been great, profitable trades. But it matters that you never held them. You never had the high profitability percentage you think you did, because you didn't trade them to a real completion.

So, my surprise is that you think you are a good trader, good enough for someone to take your charts as your evidence of your ability and knowledge and be willing to trade at your direction.

I'm sorry, but you aren't willing to trade at your direction. I don't think anyone else would be, or should be, either. I would strongly advise anyone not to.

I am not unsympathetic to the fact that traders can freeze when they have to make, or hold onto, a position. There is no trader who doesn't know that fear, or hasn't at one time. Trading, again and again, facing the risk and if necessary taking the loss, is the way to get over it. For that, you need to have the resources to withstand a loss, again and again, which gets things back to the solution: don't put all your eggs in the trading basket, and secure a reliable source of income first.

Then, you have to face it and trade, or find another thing to do.

Bob.

Thank you Bob, right now I can only call myself an analyst. Not a trader. I am working and giving it all on the path to conquer myself and be able to trade my own ideas.

Thanks for the advice, again.

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  #40 (permalink)
nenuser
Buenos Aires, Argentina
 
Posts: 30 since Jul 2018
Thanks Given: 31
Thanks Received: 30


Here's one live execution from yesterday. Same damn mistake as you can see. I only traded the AM session. Short waas based off bear impulse and flag, LHMTR. Target was much lower at 3878, I only took 1.5 pts when 11 pts where available. You can see "shit like an elephant eat like a bird" isnt sustainable.


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