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Search: Posts Made By: Init

Forum: Traders Hideout

January 26th, 2012, 05:52 PM

Replies: 1,378

Tape is my shape (tape reading, time and sales)

Views: 822,723

Posted By Init

DOM watching

A little trick I use to gauge the order book resistance without having to watch it all the time is to have a real fast tick chart (mine is 15 tick) to look at orderflow. And use a "cumulative delta"...

Forum: Psychology and Money Management

December 15th, 2011, 12:45 AM

Replies: 628

Primary source of income: how many have made it?

Views: 194,835

Posted By Init

scaling out

Think about why a lot of traders blow out their account, they let a few losers run...
You have to have as many things in your strategy that is the opposite of what most traders do.

However many...

Forum: Psychology and Money Management

December 12th, 2011, 01:41 AM

Replies: 628

Primary source of income: how many have made it?

Views: 194,835

Posted By Init

psychology

That is exactly what the market makes you think.
I am going to paste a story in here that I read that explains the market psychology beautifully.
Read it twice if you have to. It will explain a lot...

Forum: Psychology and Money Management

December 12th, 2011, 12:58 AM

Replies: 628

Primary source of income: how many have made it?

Views: 194,835

Posted By Init

scaling out

What alot of traders like and feel comfortable doing is the strict rule based methodology of setups, trade size, entries and type of exits.
In the beginning, You almost have to define your rules...

Forum: Psychology and Money Management

December 7th, 2011, 05:31 PM

Replies: 628

Primary source of income: how many have made it?

Views: 194,835

Posted By Init

re:

feeling sick when I go to trade is just putting the mental tug of war into perspective. Meaning that the best R/R trades are the ones that are the hardest to do.
Before I place a trade, I do all my...

Forum: Psychology and Money Management

December 6th, 2011, 11:18 PM

Replies: 628

Primary source of income: how many have made it?

Views: 194,835

Posted By Init

Thats the wonderful thing about trading, We all...

Thats the wonderful thing about trading, We all know what the rules are, but the rules go against our basic human nature of the comfort in numbers. If I dont feel sick to my stomach when taking a...

Forum: Psychology and Money Management

December 6th, 2011, 08:44 PM

Replies: 628

Primary source of income: how many have made it?

Views: 194,835

Posted By Init

Knowing Orderflow trading without having a super...

Knowing Orderflow trading without having a super reliable consistent foundation means nothing.
I am going to get personal and bold with this post because some of the things (not all) a person needs...

Forum: Psychology and Money Management

November 23rd, 2011, 12:39 PM

Replies: 628

Primary source of income: how many have made it?

Views: 194,835

Posted By Init

It's just a training course I took, when I...

It's just a training course I took, when I decided to concentrate on timing my entries to where I could limit my risk, because my biggest weakness at that point was getting shook out.
There is a...

Forum: Psychology and Money Management

November 23rd, 2011, 01:44 AM

Replies: 628

Primary source of income: how many have made it?

Views: 194,835

Posted By Init

Jedi

that would be good, but I dont know anyone here. Maybe start out with something like a "chat" box (or something to type in. You know, start out simple.
Thanks

Forum: Psychology and Money Management

November 22nd, 2011, 09:41 PM

Replies: 628

Primary source of income: how many have made it?

Views: 194,835

Posted By Init

direction

I wish I could approach the market like some of you and go long then go short or whatever your strategy. I have tried just about every type of strategy to find what makes me feel comfortable.
Even...

Forum: Psychology and Money Management

November 22nd, 2011, 09:14 PM

Replies: 628

Primary source of income: how many have made it?

Views: 194,835

Posted By Init

I think it would be a good idea as long as the...

I think it would be a good idea as long as the points being made were not trivial. But it would prob morph into something not close to what it was meant to be. Like today for example; Since I only...

Forum: Psychology and Money Management

November 19th, 2011, 11:37 AM

Replies: 628

Primary source of income: how many have made it?

Views: 194,835

Posted By Init

Thanks for the reply. I may not have explained it...

Thanks for the reply. I may not have explained it right.
The people in this group (theoretically) has a clear edge in one particular market. The edge comes from knowing that particular market inside...

Forum: Psychology and Money Management

November 18th, 2011, 12:21 AM

Replies: 628

Primary source of income: how many have made it?

Views: 194,835

Posted By Init

mission

I know i'm new here, but one thing I would like to do down the road if I meet the right people, is to form a very small group of traders that REALLY excel in a specific market, and know it inside and...

Forum: Psychology and Money Management

November 17th, 2011, 09:56 PM

Replies: 628

Primary source of income: how many have made it?

Views: 194,835

Posted By Init

methodology

The foundation
If you master the underlying psychology of market moves. They are all the same
For example: at almost any important low, if there is high volume and a fierce battle, the buyers win...

Forum: Psychology and Money Management

November 17th, 2011, 09:39 PM

Replies: 628

Primary source of income: how many have made it?

Views: 194,835

Posted By Init

I respect your bias to the long side. And its...

I respect your bias to the long side. And its hard to change the comfortable feeling from a bias.
I used to trade from both sides until I realized that the it seems the risks are greater to short,...

Forum: Psychology and Money Management

November 17th, 2011, 07:46 PM

Replies: 628

Primary source of income: how many have made it?

Views: 194,835

Posted By Init

methods

The main reason I suggested the thread is that I thought it would help alot of people to describe their daily thought process. I am very consistant, but I wont be happy until my weekly win rate is at...

Forum: Psychology and Money Management

November 17th, 2011, 12:46 PM

Replies: 628

Primary source of income: how many have made it?

Views: 194,835

Posted By Init

I agree. There are countless things to trade off...

I agree. There are countless things to trade off of. and each day, A persons list of metrics holds different weights for that day. for example, say we gap down 15s&ps on news, I have to figure the...

Forum: Trading Reviews and Vendors

November 16th, 2011, 02:58 PM

Replies: 313

Order Flow Analytics (www.orderflowanalytics.com)

Views: 223,078

Posted By Init

They dont use market profile, they use vol...

They dont use market profile, they use vol profile, which is about the same except more important. Vol to me is more important than time.
If I can put it in perspective. They use vol profile is...

Forum: Trading Reviews and Vendors

November 16th, 2011, 02:39 PM

Replies: 313

Order Flow Analytics (www.orderflowanalytics.com)

Views: 223,078

Posted By Init

OFA

Well, The training videos mainly woke me up to the use of stop runs and how to use them to your advantage. I always thought I had a good overall system. But my big problem about half the time was...

Forum: Traders Hideout

November 15th, 2011, 09:16 AM

Replies: 1,378

Tape is my shape (tape reading, time and sales)

Views: 822,723

Posted By Init

What I think you are actually seeing in that case...

What I think you are actually seeing in that case is that the limit bids are not being hit (hence, staying about the same)
And all of the orders at those moments are market orders that are lifting...

Forum: Psychology and Money Management

November 15th, 2011, 01:41 AM

Replies: 628

Primary source of income: how many have made it?

Views: 194,835

Posted By Init

Sorry about the last post, I realized just now...

Sorry about the last post, I realized just now you meant the trading pit. they say thats its a hard transition because you dont have the energy to gauge the flow. Thats why I listen to the squawk...

Forum: Psychology and Money Management

November 15th, 2011, 12:52 AM

Replies: 628

Primary source of income: how many have made it?

Views: 194,835

Posted By Init

That sounds good, but tell me where its located....

That sounds good, but tell me where its located. I know nothing about chat rooms, forums or hardly anything program related. These are the first times I've ever talked to anyone about trading....

Forum: Psychology and Money Management

November 15th, 2011, 12:39 AM

Replies: 628

Primary source of income: how many have made it?

Views: 194,835

Posted By Init

RE:

Thats the one of many crazy things about me. Things like the flash crash is what My main reason is for keeping a large short position on in the core account. Thats all i've done for years is go...

Forum: Psychology and Money Management

November 15th, 2011, 12:16 AM

Replies: 628

Primary source of income: how many have made it?

Views: 194,835

Posted By Init

Trade the Edges

That is exactly what i'm talking about. That Is probably the biggest edge any trader can have. but hardly no one uses it. "Position sizing"
When all your things line up and you you thought that...

Forum: Psychology and Money Management

November 14th, 2011, 11:24 PM

Replies: 628

Primary source of income: how many have made it?

Views: 194,835

Posted By Init

Methodology

well, I can tell that both of you(last 2 posts) make money because it sounds like you stick to your R/R.
As for me, The last big loss was me being pigheaded about my view of the longterm trend. (I...

Showing results 1 to 25 of 31

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What unexpected challenges have you encountered while trading on a "Funded Trader" platform?

Limited trading instruments
High platform usage fees
Lack of support or mentorship
Unrealistic rules and requirements
No significant challenges
Something else (discuss in thread)

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