GaryD 

RISKMGR

People will think you're an actuary.

Tuesday

TUT email of the day. "A runner's high doesn't come from thinking about the end result; to a runner so affected, the end result is assured. Instead, they think only of the moment, one step, one breath, and one heartbeat at a time."


Price stayed confined to the recent bracket in the ON session, ranging from roughly 97.40 to 98.80., slightly favoring the lower side, but in a very tight and choppy corrective-type motion, mostly occuring inside the single prints from Monday's K period.

Volume has moved to the August contract an hour before RTH.

addchild 

People will think you're an actuary.

That's a big part of it.

Today is the only time I can recall where I dozed off in a trade, awakened by the sound of my target hitting. (Short Squeeze is a pain all through the night) A long slow reversion trade to ETH VWAP after testing a break out of the 2-day RTH range on the upside and then retruning to value. I did not get a great entry, compared to today's range, but took little to no heat.

It looks like FOMC has put crude price action into slow motion today. Sitting net +52, going to walk around and see f I can wake up more.


Switched back to July contract looking for volume

I actually did go take a nap. There was nobody in this market as could be seen in both contract's volume. I came back to the screens to see price take out the RTH HOD, and started to go with it, changed my mind (3 tick long) and then faded it.






It may still run higher into the close, but I hid behind that bar shown with the arrow for a quick in and out scalp.





What caused me to change my mind on the long was the similar bar to the left of my trade entry, printing 183x1, combined with the profile shape of the day, and feeling that no one was seriously in this price action.






Net 67 in August, plus 5 in July.

Post close shot, same thing. If this were still RTH I would short it again. Those are just stops getting run, if I had to take a guess, guys like me years ago who thought I could catch a big swing at 2pm by fading the market with a tiny stop...

I am contemplating ending this thread. Recently I see it as a bridge from one thing to another.

Then I question myself, if it is purely social/journaling, why does it matter?

I came back into trading and test drove the hell out of it for a few months. My goal was not to have one. This particular ride was pure visceral meets zen. But, I decided to make a move in a more defined direction recently, drove home in my new crudemobile last night, set up the bluetooth, voice commands, etc. this evening. Thought some more about getting a custom tag for it. As I walked back and forth, bringing things in to the house that were in my previous vehicle, or to the trash cans, visualizing various proclamations written in 6 or 7 letters on the left rear corner...

I am feeling great. Trading better than I ever have in terms of psychology. I got a PM from someone the other day, sounded like they were hoping to "save" me. lol!! Maybe I go too far sometimes with my posts. Possibly my personality is on the extreme side. More than likely it is foreign to imagine my long but sure path to disassociation with how much I might make.

My journey is unique to me, just as all of ours are to us.

I am happier being a trader today than at any point previous. I have been humbled by the market more than a few times. Ass-raped a time or two even. I have most definitely learned respect for it. I can listen or get my head handed to me, those are the options it gives me every day. Strange in some ways that I have grown comfortable with those terms. Dare I admit, prefer them. It comes with a trade-off, something I am not yet capable of putting into the correct words. Not that I feel that is necessary anymore.

I had a lot of stuff to sort through in my mind over the past 6 years. I don't feel I am completely the same person who discovered futures.io (formerly BMT), and am convinced, but lacking proof, that futures.io (formerly BMT) is part of the transformation I have gone through. Inviting me to express my inner thoughts in a way that would just be more than awkward in any other social setting I can picture. Causing me to dig deeper than I would have otherwise.

I took a nap today during the lunch trading! I had seen enough, it was not my type of market, and what better way to spend a rainy day after our new kitten has kept me up two nights in a row? I made my first two vehicle payments in between sleeping. lol!!! I can't cant the number of times I have been typing and something came out that made me just laugh out loud here in my chair. That was funny mostly because I know how finicky today's wins could be if I am not careful. But, that's ok. I like it that way.

When a door closes, a window opens. Or something like that. Just do what you gotta do, and keep moving forward. The most important thing is to focus on what you want to do, what makes you happy.

Mike

Big Mike 

The most important thing is to focus on what you want to do, what makes you happy.

Mike, possibly above all else, that is what learning to trade has taught me. In a newer thread I saw last night about futures.io (formerly BMT) and vendors, your defending what you wanted this site to be really resonated with me. For me, it has been an incredible experience. And while futures.io (formerly BMT) has all kinds of indicators and webinars that alone make the "$100 for life" the best value of any trading site out there, plus guys willing to help a person with custom indicators, other guys who can provide very knowledgeable answers to almost any question about trading... the real value of this site is deeper than any of that. And it comes back to you having a clear picture of what it should be, and the sacrifices you make to keep it that way.

Why do we trade? I totally agree with the thoughts made by PandaWarrior, nice to read such deep insights in an journal. To cite one of my famous heros Joda "Fear leads to anger, anger leads to hate and hate leads suffering" The next passage is not related to …

I just liked this post and wanted to give credit before I plagiarized a few sections of it.

FB2012 

"Fear leads to anger, anger leads to hate and hate leads suffering" "If you have an target you want to achieve you should not concentrate too much on the target... not getting too obsessed by achieving the goal, this is the most difficult thing in trading." "Love what you are currently doing, therefore the steps (even the smallest step) should be loved and this will square the outcome." "I have to respect the market and when I respect the market, the market will honor that in giving back respect to me." "Attachment leads to jealousy. The shadow of greed that is. Train yourself to let go of everything you fear to lose."