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Trading thought for today.
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Created: by liquidcci Attachments:0

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Trading thought for today.

  #1 (permalink)
Elite Member
Austin, TX
 
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liquidcci's Avatar
 
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Trading thought for today.

It is what it is.

"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."
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  #2 (permalink)
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  #3 (permalink)
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liquidcci View Post
It is what it is.

Liquid - why didn't you tell me that when I was up before I pissed it away trying to catch a pullback trade in a dead 6E market??

Seek freedom and become captive of your desires. Seek discipline and find your liberty. - Frank Herbert
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  #4 (permalink)
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Surly View Post
Liquid - why didn't you tell me that when I was up before I pissed it away trying to catch a pullback trade in a dead 6E market??

@Surly lol becuase you would have still done it anyway

"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."
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  #5 (permalink)
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It is what it is not when it's not what it is

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  #6 (permalink)
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I used this smiley once and sometimes when I think of taking a counter-trend trade I'll get this image in my head:


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  #7 (permalink)
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Sam21 View Post
I used this smiley once and sometimes when I think of taking a counter-trend trade I'll get this image in my head:


does that mean you take the counter trend trade?

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  #8 (permalink)
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Itchymoku View Post
does that mean you take the counter trend trade?

Sometimes I do. When at a pivot point I feel the risk/reward is high enough for counter trend trading.

Hey my name is Sam, and I'm a counter trend trader

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  #9 (permalink)
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I take the obvious pivot trades, if there's a level or a channel that the market seems to be slowing at. But I really just try to be whatever direction the market is headed in my time frame, anymore. I think that's trading for what it is. You can catch those big reversals, the kind of trades that can make for stories, even. But most of the time you probably wont be making money from that. Those trades can be very speculative. You're only making money when you're positioned the way the market is heading, after all.

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