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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

  #3571 (permalink)
 zt379 
UK London
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GaryD View Post
If your going for the obvious, that is not my specialty. OK, I get it now.

Yes but there is a profundity in there too, which I know you see.
And yes it's someone elses perspective, which can be hard work at times...(sorry)

But the point was that this whole perspective of the present, brings us through so much of what
we are trapped in and constricted by. We carry the past with us, and project oursleves into a future from the wrong perspective imo.

If our perspective of both the past and the future came from now we may begin to see and experience so much of this through different eyes . (just some thoughts)




Quoting 
Yes, that is something along the lines of a recent thought. I am coming to a view of trading as being something I never would have guessed it was, and what you stated is a part of it.


Never noticed that one, but confidence may be the opposite of what is needed. Acceptance seems of higher value than confidence, now that you point it out. Confidence in any outcome can never be had, it is no wonder it stays so elusive. The confidence comes AFTER the acceptance, and the knowing that all will be ok in the end. or even, the belief it will. But even then, acceptance that it may not, and that is still ok.


Yes. Possibly what is standing before us, as we watch price makes it's wide and mysterious swings, is the beckoning to let go.

Yes it gets to the point where we seem to be asking for the outcome to be what we want or need it to be before it's actually happened.

What I tried to put on the table (badly I think) was that irrespective of confidence, we can't know the outcome.
For sure we might say, "I need the confidence to take the trade" and we understand that. That isn't what I'm saying. You (imo) are beyond knowing why you're taking the trade. Rather it's about that tiny space between our past (all the reasons why we are about to take the trade) and the now, the moment we take it.
In that moment is the space from which we perceive things.

And our perception is everything.
Do we fall out of the now and perceive the present through the filters of our past (fear/regrete/pain etc..) or our future (wants needs/expectations etc..) and if so, we will trade in terms of those perceptions, which is not what actually is.


Quoting 

But, there is a need to be coherent of financial necessities, and that is the ultimate chain for one contemplating full time trading. As a hobby, I could buy CL today, set my stop at 80.00, think to myself, I can take an $8k hit, but maybe it will go up. And if by December it is at $90, or $180, I made money this year. But we prefer to have some version of consistency, as we are required to chunk out cash for daily, weekly, monthly expenses, to not live on the streets.

That is a requirement put on us. So there must be a blend of letting go, and probability. We find the area where that exists for each of us. I dream of letting go, while remaining chained to what I experience as probability.

Yes I completely agree. This isn't as you rightly say, about "letting go" in being irresponsible or reckless.
It's actually the opposite.

It's being responsible to that higher order, that place where dreams are not confined to dreamers but are realities being bought into creation of a moment by doing.
It's letting go of everything that is stopping us from being the best that we actually are, not can be, but are.
What stops us being here now, is perceiving everything via our past and future.

We can't see opportunity, or if we can we can't be it, if we perceive it through the fear from a past event or fear of a future possibility.

It's the letting go of those perceptions that will enable, indeed allow us to see what actually is, now, and in that seeing we will call into this moment all the experience and skill that is within us, all that we are, without even realizing we are calling upon ourself, without even thinking about it. It will just flow through us moment to moment as real as the real time flicker of price. We will see it as it is, not as a reminder of what was or what we fear it might be, and take action accordingly.


Just to add, for anyone wondering "what the ...is this all about"...
It can be a really difficult place to be. To have an edge but to be on the edge.
And we look to things like confidence and beliefs etc..to get us over that egde.

What I'm saying is that the highest responsibility is to have accepted that we don't know what will happen.
What we most fear is that things wont be as we want or need them to be.
But once we dispence with the illusion of wanting or needing anything to be as we want or need it to be then we will see the reality of what it is. And what is, all that it is, is this moment. The next is unknown and our acceptance of that is our greatest freedom within which we have the choice to take what ever action our skill and experience dictates.

We can't have confidence untill we have done what we trusted ourself to do (the after thing).
And in doing it we see the illusion of confidence.
In doing, that trust then becomes the mark of responsibility.

It's very easy for our desire to get mixed up with our fear of being reckless.
This isn't about an all or nothing. Trading gives us a platform that we can define in anyway we choose.
It gives us moments within which to see who we really are and if we are who we thought and believed ourselves to be.

We spoke about courage and that courage can only exist in the now. We either have the courage to do what we said we would do or not. And in doing we will, from those present moment experiences see if our choices were good or not and, if we choose, we may learn from them.

But at the essence of it, at the end of things is a beginning.
The past ends at the present and the present is the beginning.
So we begin, one trade at a time, one moment at a time, free from the fear of the past and the future because neither actually exist now.

Those that want it all, may end up with less.
Those that want nothing may end up with more...

and those that want neither...well I don't know..you'll have to ask someone else..lol

I need a lie down...lol

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  #3572 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

Today has the be the easiest trade I ever had. Not sure if I want to even try again as anything else would seem like work.

Started this thread
  #3573 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011


88.00 might entice me to enter again, but I am good as I sit today.


Started this thread
  #3574 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

87.90 - 88.10, somewhere in there

Started this thread
  #3575 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

ES needs to calm down though

Started this thread
  #3576 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

Traders trying to climb on the short side, after the obvious move down, are coming in with tight stops and thus allowing the move up to continue. I think. Just watching right now.

There is a potential DB at prior support...

But as I was thinking yesterday, if this is the start of a W3, there is room to move

Started this thread
  #3577 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011


Started this thread
  #3578 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011


Started this thread
  #3579 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011


Started this thread
  #3580 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011


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Last Updated on May 23, 2014


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