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Catching Big Waves - a trader's journal of surfing the the markets
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Catching Big Waves - a trader's journal of surfing the the markets

  #2191 (permalink)
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researcher247 View Post
----------------
No worries!

I'll make you a deal.

After I come back from my overseas summer break that straddles Labor Day, I'll come to the 'hood that is Orlando and we will pow wow and I will show you my nearly 100% mechanical stuff that you could use for swingtrading and/or longer-term intraday trading etc...

We will see if we have an actual meeting of the minds. Maybe I will whip you into shape and brainwash you!!! Maybe you'll just say thanks but no thanks and we'll have a few espressos and some good meals (haven't been to Orlando in at least 5+ years--so would be a nice short visit).

hehe! j/k on the brainwashing.

I won't be back @my part-time place in Coral Gables/Cocunut Grove until November because the 'swamp' that is Miami is too humid for me from April through October each season.

I am done until the last 90 minutes of the U.S. session and I'll see if NQ can make a directional move that I can stalk a trade on.

peace

Hedvig


Deal. I welcome brainwashing if it is part of the process.

 
  #2192 (permalink)
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I saw a quote tonight, reportedly from Ralph Waldo Emerson (I have never read his work), and I followed it to website with more similar quotes, also presumed by him. I picked three that seemed to describe trading;


“Whatever course you decide upon, there is always someone to tell you that you are wrong. There are always difficulties arising which tempt you to believe that your critics are right. To map out a course of action and follow it to an end requires courage.”

I have been told by far more people than not, even this afternoon by another friend who saw my trading desk for the first time; “trading successively is a myth” or “everyone loses money in the markets” or “why do you want to spend so much time and effort on that?” But I have been mapping out a course and following it, regardless.



“To be yourself in a a world that is constantly trying to make you something else is the greatest accomplishment.”

And possibly one of the hardest. The move to trading full time is gaining momentum in support from the people around me, but it has been a struggle for years to find any supporters other than myself, and possibly a couple of people close to me, but for the most part, just me.



“Fear defeats more people than any other one thing in the world.”

My arch nemesis; Fear. I can see why it would have such an impressive record. But, I have been challenging it almost daily for the past month and and half, and it is retreating, slowly. It gets replaced by experience.

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  #2193 (permalink)
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  #2194 (permalink)
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I laughed at the market today, face slightly flushed. Shorts getting nailed, and I am shorting it, but after they get tired. I can't recall laughing at the market movement before, and not sure what that means, but even now I am just grinning. Up 64 ticks.

 
  #2195 (permalink)
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ES has such a tight grip on CL right now it's going to be tough to get any extended move without it.

 
  #2196 (permalink)
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My big three are all at a major area, and none seem to be sure what to do about it.


Last edited by GaryD; May 17th, 2012 at 12:28 PM.
 
  #2197 (permalink)
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92.50 has been a number I have been focused on for over a week now as a buy area. I am done shorting for the day unless price breaks yesterday's pivot at 92.30.

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GC sellers are getting their heads handed to them.

 
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There it is...

 
  #2200 (permalink)
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ES equivalent is about 1310.75


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