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The PandaWarrior Chronicles


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The PandaWarrior Chronicles

  #441 (permalink)
 
monpere's Avatar
 monpere 
Bala, PA, USA
 
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PandaWarrior View Post
Well, another 3 hours today and I stopped out. Looking at the chart which I marked in real time exactly as you see it, I could not get it right.....incredible how blind I was for some reason. Also I had an itchy trigger finger. Could not keep my hands off the damn mouse.

I think me missing the run up had something to do with the terrible trades at the top of the rally but does not explain the stupidity at the bottom.....

Something to think about the rest of the day.

Reminds me when I was a discretionary trader. "WTF was I thinking?" was a regular phrase written on my charts at the end of many days. Hope you get the normal mojo back by tomorrow.


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  #442 (permalink)
 
trendisyourfriend's Avatar
 trendisyourfriend 
Quebec Canada
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monpere View Post
Reminds me when I was a discretionary trader. "WTF was I thinking?" was a regular phrase written on my charts at the end of many days. Hope you get the normal mojo back by tomorrow.

Positive reinforcement is always better Wow, That's Fantastic! was I thinking.

  #443 (permalink)
 
PandaWarrior's Avatar
 PandaWarrior 
In the heat
 
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monpere View Post
Reminds me when I was a discretionary trader. "WTF was I thinking?" was a regular phrase written on my charts at the end of many days. Hope you get the normal mojo back by tomorrow.

I used to think it every day, thankfully I don't have to say that very often any more but it still happens. I suppose being human, I won't be able to be perfect 100% of the time....whats different about this time as opposed to all the other times is that I have a winning (short to be sure) record and I know I will recover tomorrow. I'm not worried.

Simplicity is the ultimate sophistication, Leonardo da Vinci


Most people chose unhappiness over uncertainty, Tim Ferris
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  #444 (permalink)
 
bluemele's Avatar
 bluemele 
Honolulu, Hawaii
 
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PandaWarrior View Post
I used to think it every day, thankfully I don't have to say that very often any more but it still happens. I suppose being human, I won't be able to be perfect 100% of the time....whats different about this time as opposed to all the other times is that I have a winning (short to be sure) record and I know I will recover tomorrow. I'm not worried.

That is what I was going to post when I read your results. Having expectations of profit every day can be disastrous I think.

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  #445 (permalink)
 
PandaWarrior's Avatar
 PandaWarrior 
In the heat
 
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Another tough day. Good trades set up just prior to the news. I had a couple more WTF trades but they didn't hurt me mentally like they did yesterday.

I slogged through the narrow range day, avoided most of the chop and managed to exit my trading day with +5 ticks. Losing streak averted......


Chart is a mess....oh well.


Simplicity is the ultimate sophistication, Leonardo da Vinci


Most people chose unhappiness over uncertainty, Tim Ferris
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  #446 (permalink)
 
Adamus's Avatar
 Adamus 
London, UK
 
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PandaWarrior View Post
Another tough day. Good trades set up just prior to the news. I had a couple more WTF trades but they didn't hurt me mentally like they did yesterday.

I slogged through the narrow range day, avoided most of the chop and managed to exit my trading day with +5 ticks. Losing streak averted......


Chart is a mess....oh well.

Hi PandaWarrior,

following your chronicle for a while now and just now that your comments have got briefer, I've started looking more at the chart mark-up and I guess I should know but it still isn't obvious - you mark you trades with an arrow and the number of points made, right - is that the entry bar or the exit bar or is it both on one bar? So I couldn't work out what your comment referred to when you mentioned almost selling the top. Apart from that, the chart is a bit crowded but still readable.

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  #447 (permalink)
 
PandaWarrior's Avatar
 PandaWarrior 
In the heat
 
Experience: None
Posts: 3,165 since Mar 2010
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Adamus View Post
Hi PandaWarrior,

following your chronicle for a while now and just now that your comments have got briefer, I've started looking more at the chart mark-up and I guess I should know but it still isn't obvious - you mark you trades with an arrow and the number of points made, right - is that the entry bar or the exit bar or is it both on one bar? So I couldn't work out what your comment referred to when you mentioned almost selling the top. Apart from that, the chart is a bit crowded but still readable.

Yes the posts have gotten shorter...I've grown tired of hearing myself talk about myself....I find its pretty boring.

As to the arrows. The arrows mark the close of the bar. In other words, if an arrow is pointing down, then I went short at the break of that close. The ticks are net after commissions.

Simplicity is the ultimate sophistication, Leonardo da Vinci


Most people chose unhappiness over uncertainty, Tim Ferris
Started this thread
  #448 (permalink)
 
PandaWarrior's Avatar
 PandaWarrior 
In the heat
 
Experience: None
Posts: 3,165 since Mar 2010
Thanks Given: 6,329
Thanks Received: 13,405

Well, I got killed today. I did a terrible job on execution, entry identification and on the trades I had right, I had trouble holding them because of the choppy nature.

I tried a variation on a theme today and it bombed disastrously. Tried to get cute basically. Back to what works.


Simplicity is the ultimate sophistication, Leonardo da Vinci


Most people chose unhappiness over uncertainty, Tim Ferris
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  #449 (permalink)
 
bobarian's Avatar
 bobarian 
whitestone, new york
 
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PandaWarrior View Post
Well, I got killed today. I did a terrible job on execution, entry identification and on the trades I had right, I had trouble holding them because of the choppy nature.

I tried a variation on a theme today and it bombed disastrously. Tried to get cute basically. Back to what works.

[IMG]http://content.screencast.com/users/aztrader9/folders/Jing/media/4f481ce0-5820-40bd-8f2d-75a99ac24d26/2012-02-02_0959.png[/IMG]

tuff day for sure...i had very similar trades..alot of trend lines...the +23, was just a breakdown?Isee on my chart, it broke thru an ascending trendline and, the bottom of the prior swing low.

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  #450 (permalink)
 
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 cory 
virginia
 
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PandaWarrior View Post
Well, I got killed today. I did a terrible job on execution, entry identification and on the trades I had right, I had trouble holding them because of the choppy nature.

I tried a variation on a theme today and it bombed disastrously. Tried to get cute basically. Back to what works.

Ben speak at 10, Evan speak at 12 and waiting for FB IPO.

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