greenr 

Dude again fading a out of balance market woth no ref point to work with I hope you didnt get hurt in the crazy price action just then

Hurt, no. Wrong, yes. But believe it or not, I had my own justification, not just winging it. I was not expecting the day to run back to back with yesterday and thought it would balance.

Remember that the concepts of being "in balance and out of balance" make a lot more sense to you than to me at this point, and many times are adding confusion to some of my decisions. And, I am studying it to get better at it.




LSP






Single Print







Volume confirmation with LVT

A friend thinks I am revenge trading. I thought I had a legitimate trade. But he could still be right, and my justification could be biased towards what I want to see.

josh 

I only have to roll 4x a year, compared to 12x.

And you have to wait 4x as long for anything that looks like movement...

ES

CL

GaryD 

A friend thinks I am revenge trading. I thought I had a legitimate trade. But he could still be right, and my justification could be biased towards what I want to see.

Ignoring the fact that I am max down 2 days in a row...

Max down. What does that do inside the head? Weird things, I know. But what, exactly, I don't know.

1. It often increases appetite for risk.
   
2. It can cause changes in trading behavior.
   
3. It can lessen awareness.

I am sure there is more...

EDIT #1 - Ego is brought to life "I AM THE GREAT AND POWERFUL OZ (TRADER)"." Or, "JUST A FLESH WOUND (NI)".

Or "I'M NOT GOING TO BE INGNORED" (My wife assisted in this memory of movies)

Any coincidence that he moved on to become Gordon Gekko? No!, they were the same year!! Random trivia...


"I will not be ignored". - It gnaws at you. Sometimes in full view, sometimes in the background. But not playing with a full deck.

"It's just a flesh wound" - So I'm down, what? $1,500.00? That is not that hard. I could just...

"I am the great and powerful Oz" - Which was what? Smoke and mirrors? A regular guy with a bigger than life presence?

12:01AM, 3/20/13

Melissa is beautiful at 45. Happy Birthday!

GaryD 

12:01AM, 3/20/13 Melissa is beautiful at 45. Happy Birthday!

Happy birth day to Gary`s Melissa

I wanted to post a photo of Melissa with a margarita bigger than her head, but cant get it to load from my phone.

It is looking like this will be a down week. The more I think about it the worse I seem to trade. Finished today up, but had very low confidence.

I feel that a large part of it that I am starting to try to integrate what little I know of market profile, and am misinterrpreting it, or getting mixed signals, or not believing in it, or any combination of things that weaken my trade conviction. And then started to overtrade.

Today I mostly watched. Talked a lot with Ryan around lunch time.

IN balance / OUT of balance / ANTICIPATING balance, IN value / OUT of value, ABOVE or BELOW Vwap/POC, POOR vs EXCESS. Not that any of the concepts are complicated, but getting it all to work together is.