NexusFi: Find Your Edge


Home Menu

 





The PandaWarrior Chronicles


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one PandaWarrior with 945 posts (6,447 thanks)
    2. looks_two tigertrader with 101 posts (1,011 thanks)
    3. looks_3 tderrick with 88 posts (205 thanks)
    4. looks_4 Big Mike with 85 posts (437 thanks)
      Best Posters
    1. looks_one tigertrader with 10 thanks per post
    2. looks_two PandaWarrior with 6.8 thanks per post
    3. looks_3 Big Mike with 5.1 thanks per post
    4. looks_4 VinceVirgil with 3.1 thanks per post
    1. trending_up 401,141 views
    2. thumb_up 11,064 thanks given
    3. group 162 followers
    1. forum 2,157 posts
    2. attach_file 207 attachments




Closed Thread
 
Search this Thread

The PandaWarrior Chronicles

  #1211 (permalink)
 
VinceVirgil's Avatar
 VinceVirgil 
Toronto, Canada
 
Experience: Advanced
Platform: NT
Broker: TD Ameritrade, Dorman/Zenfire
Trading: CL,ES
Posts: 1,752 since Aug 2011
Thanks Given: 2,144
Thanks Received: 9,223


Big Mike View Post
Matt will be on futures.io (formerly BMT) Monday, and I'm trying to get Michael on early next year

Mike

Just curious, but how do you get these guys to appear? Do they ask you, you ask them, are they usually very receptive?

I was wondering, because of all the webinars you have schedualed and the quality is consitently excellent. I have seen other sites webinars where that is decidedly not the case.

For someone that claims not to be a people person, you sure seem to have a lot of fine relationships in the trading community.

I recognise this is Brians thread, but I am pretty sure he dosnt mind me asking.

Vance

Follow me on Twitter Visit my NexusFi Trade Journal

Can you help answer these questions
from other members on NexusFi?
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
About a successful futures trader who didnt know anythin …
Psychology and Money Management
ZombieSqueeze
Platforms and Indicators
Trade idea based off three indicators.
Traders Hideout
Cheap historycal L1 data for stocks
Stocks and ETFs
 
  #1212 (permalink)
 Affliction 
Springfield, MO
 
Experience: None
Platform: SC
Trading: ES
Posts: 107 since Mar 2010
Thanks Given: 2,373
Thanks Received: 45


papa15 View Post
I disagree with you...you do great when all your timeframes are in sync and today they were not...better to be on the sidelines waiting patiently for all things to align than to be writing about how you jumped in before the charts were in synch and you either a. broke even b. lost

Not every day is a trading day.....
Papa15

I would agree Papa15. Maybe the only question is "What and how many timeframes must agree at once?" BUT keep it simple, they all do or they all do not.

Just my thought though, I could be wrong of course - I am many times.

  #1213 (permalink)
 
sleepy's Avatar
 sleepy 
London, UK
 
Experience: None
Platform: NinjaTrader
Trading: ES, CL
Frequency: Several times daily
Duration: Hours
Posts: 121 since Sep 2010
Thanks Given: 2,290
Thanks Received: 114


"The missing component was mental. This was further driven home when I watched a documentary about professional blackjack players and how they approached the business of gambling."

Hi Brian,

What was the name of the documentary you mentioned above?

sleepy

  #1214 (permalink)
 
PandaWarrior's Avatar
 PandaWarrior 
In the heat
 
Experience: None
Posts: 3,165 since Mar 2010
Thanks Given: 6,329
Thanks Received: 13,405


sleepy View Post
"The missing component was mental. This was further driven home when I watched a documentary about professional blackjack players and how they approached the business of gambling."

Hi Brian,

What was the name of the documentary you mentioned above?

sleepy

I don't remember, it was on the documentary channel and I picked it up about halfway through. It had the word "roller" in the title. Could be High Roller or something like that. Sorry I'm not more help....

Simplicity is the ultimate sophistication, Leonardo da Vinci


Most people chose unhappiness over uncertainty, Tim Ferris
Started this thread
Thanked by:
  #1215 (permalink)
 
PandaWarrior's Avatar
 PandaWarrior 
In the heat
 
Experience: None
Posts: 3,165 since Mar 2010
Thanks Given: 6,329
Thanks Received: 13,405


papa15 View Post
I disagree with you...you do great when all your timeframes are in sync and today they were not...better to be on the sidelines waiting patiently for all things to align than to be writing about how you jumped in before the charts were in synch and you either a. broke even b. lost

Not every day is a trading day.....
Papa15

At issue here is not my abstaining from longs until they actually set up, the issue is simply I failed to realize it was short until it was much to late to enter without significant risk. Which I was unwilling to take. So perhaps I did well in staying out but I feel like I was just scared to believe it was short and found a way to talk myself out of it.

Simplicity is the ultimate sophistication, Leonardo da Vinci


Most people chose unhappiness over uncertainty, Tim Ferris
Started this thread
  #1216 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,465 since Jun 2009
Thanks Given: 33,242
Thanks Received: 101,663


VinceVirgil View Post
Just curious, but how do you get these guys to appear? Do they ask you, you ask them, are they usually very receptive?

I was wondering, because of all the webinars you have schedualed and the quality is consitently excellent. I have seen other sites webinars where that is decidedly not the case.

For someone that claims not to be a people person, you sure seem to have a lot of fine relationships in the trading community.

I recognise this is Brians thread, but I am pretty sure he dosnt mind me asking.

Vance

I don't want to reveal my secrets or trash talk other sites

Lets just say that it has to do with being like minded and respected as well as having very high standards.

Mike



Join the free Markets Chat beta: one platform, all the trade rooms!

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal
  #1217 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,465 since Jun 2009
Thanks Given: 33,242
Thanks Received: 101,663

And as Brian will attest, I'm also relentless

Brian's upcoming webinar thread, Tuesday October 23rd @ 4:30pm ET:


Mike



Join the free Markets Chat beta: one platform, all the trade rooms!

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal
  #1218 (permalink)
 Futures Operator 
New York, NY
 
Experience: Intermediate
Platform: Sierra Chart, thinkorswim
Broker: Amp-Rithmic/TT, IB
Trading: CL, GC, NQ
Posts: 601 since Nov 2010
Thanks Given: 2,039
Thanks Received: 258


PandaWarrior View Post
At issue here is not my abstaining from longs until they actually set up, the issue is simply I failed to realize it was short until it was much to late to enter without significant risk. Which I was unwilling to take. So perhaps I did well in staying out but I feel like I was just scared to believe it was short and found a way to talk myself out of it.

Just like in going long or short, one must first perform the analysis and then make a conscious decision to go or stay flat, so it is also one of the three available positions in the market, and sometimes the correct one. A day in which nothing is lost, is certainly not a complete and total screw up. I could show you plenty of those, and I only wish they looked like BE for the day.

Thanked by:
  #1219 (permalink)
 Futures Operator 
New York, NY
 
Experience: Intermediate
Platform: Sierra Chart, thinkorswim
Broker: Amp-Rithmic/TT, IB
Trading: CL, GC, NQ
Posts: 601 since Nov 2010
Thanks Given: 2,039
Thanks Received: 258


Big Mike View Post
I dislike being flat when the market is moving, so said another way I like to have at least part of a position on to catch any remaining move.

I don't know what will happen next, so I set myself up to try and capture possible scenarios, with multiple targets.

Please bear in mind, I take one or two trades a day and typically hold the entire day or longer. I am not scalping.

Mike

This makes sense, but it sounds like it's possible that leaving part of the position on to capture different scenarios or runners on big moves, could also work out to better net profit overall if you are going for larger swings. Have you found that this is the case, not only in terms of comfort, but in net profit, for your style as a trader?

Thanked by:
  #1220 (permalink)
 
PandaWarrior's Avatar
 PandaWarrior 
In the heat
 
Experience: None
Posts: 3,165 since Mar 2010
Thanks Given: 6,329
Thanks Received: 13,405



Big Mike View Post
And as Brian will attest, I'm also relentless

Brian's upcoming webinar thread, Tuesday October 23rd @ 4:30pm ET:


Mike

Quite right. I put @Big Mike off for months.......

Simplicity is the ultimate sophistication, Leonardo da Vinci


Most people chose unhappiness over uncertainty, Tim Ferris
Started this thread

Closed Thread



Last Updated on May 14, 2014


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts