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Search: Posts Made By: Tap In
Forum: Commodities April 25th, 2020, 01:25 PM
Replies: 1,639
Views: 455,045
Posted By Tap In
This is motivating. Thanks!

This is motivating. Thanks!
Forum: Traders Hideout February 16th, 2020, 05:21 PM
Replies: 11
Views: 3,575
Posted By Tap In
In the post you refer to, the math is correct but...

In the post you refer to, the math is correct but the assumptions are not realistic and therefore do not work in the real world.

We all know that the farther out the target the less often the...
Forum: Trading Journals December 28th, 2019, 09:31 PM
Replies: 855
Views: 122,736
Posted By Tap In
My two most destructive emotional drivers are...

My two most destructive emotional drivers are FOMO and Regret. Fear of missing out on the benefits of the next trade, and regret for missing out on what might have been on the last trade.

One...
Forum: Trading Journals December 19th, 2019, 09:20 PM
Replies: 855
Views: 122,736
Posted By Tap In
Tax preparer in current profession, engineer by...

Tax preparer in current profession, engineer by education, but spent a lot of my career in client relations and contract negotiation, so I'm all over the board. Definitely on the analytical side of...
Forum: Trading Journals December 19th, 2019, 01:47 PM
Replies: 855
Views: 122,736
Posted By Tap In
The following is more of the same, a continuing...

The following is more of the same, a continuing theme that I seem to have to keep reminding myself of:

A recent discussion in another thread on the number one reason most traders fail has caused...
Forum: Psychology and Money Management December 13th, 2019, 04:45 PM
Replies: 38
Views: 8,999
Posted By Tap In
Firstly, I would be interested in further...

Firstly, I would be interested in further understanding what you mean by the above statement.

Secondly, at some point, most traders will realize that they wont be "right" on every trade, and that...
Forum: Psychology and Money Management December 13th, 2019, 12:14 AM
Replies: 38
Views: 8,999
Posted By Tap In
Are you trading these "edges"? If not, why not?...

Are you trading these "edges"? If not, why not? They seem simple enough to execute.
Forum: Psychology and Money Management December 12th, 2019, 01:44 PM
Replies: 38
Views: 8,999
Posted By Tap In
100% this. The number one reason most...

100% this.

The number one reason most traders fail is lack of a tradable edge. Everything else is commentary
Forum: Trading Reviews and Vendors December 10th, 2019, 08:27 PM
Replies: 158
Views: 86,347
Posted By Tap In
What are the Algos doing?

Attached is today's action in NQ with Sierras version of a heatmap. Clearly seen are the algos hard at work bracketing price down and up.

My question is, what are they trying to accomplish? ...
Forum: Psychology and Money Management June 30th, 2019, 08:21 PM
Replies: 69
Views: 11,267
Posted By Tap In
There is no such thing as overtrading. There is...

There is no such thing as overtrading. There is only bad trading.
Forum: Psychology and Money Management March 10th, 2019, 09:02 PM
Replies: 15
Views: 3,437
Posted By Tap In
There are two reasons you fear entry: 1)...

There are two reasons you fear entry:

1) Your edge doesn't work and your sub-conscience mind knows this.

2) Your edge works but you have not yet convinced yourself of this.

Losing real...
Forum: Trading Journals February 26th, 2019, 12:29 PM
Replies: 855
Views: 122,736
Posted By Tap In
I posted this in another thread. I think it is...

I posted this in another thread. I think it is worth further elaboration since it sort of fits with the theme of my posts of late.



What is this "decision"? How can I just "decide" to be...
Forum: Trading Journals February 26th, 2019, 10:46 AM
Replies: 855
Views: 122,736
Posted By Tap In
Thanks, my trading charts have evolved a bit over...

Thanks, my trading charts have evolved a bit over the past year. The most significant change was reducing the size of my charts to fit with my small stop (14 tick NQ, 6 tick ES, 7 tick CL).
...
Forum: Trading Journals February 25th, 2019, 11:03 AM
Replies: 855
Views: 122,736
Posted By Tap In
I used to try to read the market, now I just...

I used to try to read the market, now I just react to the market. When there is nothing to react to, I do nothing.

So far today, there has been nothing.

However, I can't help but wonder on...
Forum: Trading Journals February 4th, 2019, 11:59 AM
Replies: 855
Views: 122,736
Posted By Tap In
Ego kept me from coming to grips with this...

Ego kept me from coming to grips with this reality for a long time.

For anyone who has traded for a while, consistent profitability is just a decision away. The moment a trader decides to trade...
Forum: Trading Journals January 24th, 2019, 02:02 PM
Replies: 855
Views: 122,736
Posted By Tap In
Most traders must come to a fundamental...

Most traders must come to a fundamental realization before they can turn things around:

You are not as good as you think you are.

Once accepted, the trader can begin to focus on the things...
Forum: Emini and Emicro Index January 17th, 2019, 10:50 AM
Replies: 207
Views: 57,242
Posted By Tap In
As I see it you have two choices. 1) use the...

As I see it you have two choices. 1) use the bigger chart and increase your stop. 2) use the 6 tick stop and reduce your chart to something like 30s.



You do this through discipline. You...
Forum: Emini and Emicro Index January 16th, 2019, 11:37 PM
Replies: 207
Views: 57,242
Posted By Tap In
Your chart is way too big for trading a 1.5 point...

Your chart is way too big for trading a 1.5 point stop. Those bars are too long. You need a lot more detail to see what's happening at your level.

Why did you go away from 30 seconds? I would...
Forum: Trading Journals January 8th, 2019, 12:46 PM
Replies: 855
Views: 122,736
Posted By Tap In
Simple strategy

Here is a simple strategy struggling traders can use to begin to turn things around:

Step 1: Lower your expectations. Resign to make money more slowly. Just focus on moving forward with your...
Forum: Commodities November 8th, 2018, 11:08 PM
Replies: 1,639
Views: 455,045
Posted By Tap In
good trading on a day with not a lot of follow...

good trading on a day with not a lot of follow through
Forum: Commodities October 31st, 2018, 09:20 PM
Replies: 1,639
Views: 455,045
Posted By Tap In
Love your trading style. Quick hits, high win...

Love your trading style. Quick hits, high win rate. No need to endure large draw downs waiting for the big winner to save the day.
Forum: Commodities October 30th, 2018, 11:23 PM
Replies: 1,639
Views: 455,045
Posted By Tap In
Nice!

Nice!
Forum: Trading Journals October 15th, 2018, 11:54 AM
Replies: 855
Views: 122,736
Posted By Tap In
The most important thing I say to myself every...

The most important thing I say to myself every morning: "you don't have to trade today"

No matter what the market is doing, this instantly takes the pressure off.
Forum: Commodities October 14th, 2018, 03:45 PM
Replies: 1,639
Views: 455,045
Posted By Tap In
This is exactly right. However, the process of...

This is exactly right. However, the process of finding the right chart configurations to match up with personality, goals and risk tolerance can take a while. I have changed my charts countless...
Forum: Commodities September 23rd, 2018, 09:12 PM
Replies: 13
Views: 3,357
Posted By Tap In
I think I mis-counted. It's probably 40 levels. ...

I think I mis-counted. It's probably 40 levels.

I am generally with you on your comments about the DOM. The only thing I use it for is looking for large anomalies, and mostly on the lower...
Showing results 1 to 25 of 739

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