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Ready Aim Fire Bullseye
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Ready Aim Fire Bullseye

  #171 (permalink)
Elite Member
houston
 
Futures Experience: Intermediate
Platform: nt
 
Posts: 407 since Sep 2010
Thanks: 266 given, 269 received

+ .6 TF Jan 19 2012

OK, I scalped. I admit it. I'm looking around for excuses..."Oh, wait! I'm 3% Indian...I CAN scalp."


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  #172 (permalink)
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Futures Experience: Intermediate
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Posts: 2,547 since Jun 2010
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Today is not a bad day to scalp!

A good day to have very large stops...

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  #173 (permalink)
Elite Member
houston
 
Futures Experience: Intermediate
Platform: nt
 
Posts: 407 since Sep 2010
Thanks: 266 given, 269 received

The Sign Said, "Keep Out Beware Of Dog"



bluemele View Post
Today is not a bad day to scalp!

A good day to have very large stops...

I traded anyway...and got .9 points. The dog had me by the pant leg twice and wouldn't let go! I pulled and pulled while it growled, taking many minutes, before it let go and the trade went my way.

I am pleased with the level of composure I'm maintaining.


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  #174 (permalink)
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houston
 
Futures Experience: Intermediate
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Posts: 407 since Sep 2010
Thanks: 266 given, 269 received

Our Governors

Many psychologists say we have governors. These governors are like the devices on engines. They keep an engine's RPM's from reaching high levels and causing harm. Our mental governor keeps us within ranges that it deems safe.

This week I received favorable news about my financial situation. In addition, I have begun generating small but consistent SIM earnings in trading. This morning I woke up with a concern in the back of my mind. I fear that my governor is kicking in. I fear that my governor will take action (unconscious to me) and pivot me. It will take me back to a place it considers safe and comfortable.

All I can think of to deal with this is:
  • Watch my thinking and behavior, embrasing what happens while intending to move forward
  • Pray
  • Use EFT i.e. Even though my governor wants to control my progress, I completely love and accept myself

You comments would be appreciated.

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  #175 (permalink)
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Futures Experience: Intermediate
Platform: NinjaTrader
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Posts: 2,547 since Jun 2010
Thanks: 3,806 given, 2,826 received

Good thinking!

I agree 100%.... Glad you had some good fortune.

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  #176 (permalink)
Elite Member
houston
 
Futures Experience: Intermediate
Platform: nt
 
Posts: 407 since Sep 2010
Thanks: 266 given, 269 received

+ 1.4 TF Cool, Calm, and Confident...mostly

Got a late start this morning...but felt determination to get all my ducks in a row before even considering trading. "Steady as she goes," I believe the nautical term is.

There was a nice foot near the opening...but I wasn't ready. Stea-a-a-dy, now.

The nice trend up gave pain, not being in it. Steady now.

Finally I saw the head and shoulders at 9:19 Central Time and the MACDs were in agreement.

Now to manage the trade. First, I noticed nervousness. Hand off the mouse. OK, where is the target. I adjusted to the deep Fib, two pivots back. That looked right. Breath deep. Steady now.

Sure 'nuff the price came down and made the target. Ah, that's satisfying in so many ways. I owe you guys and many others for reaching this level of control. Stea-a-a-dy now. I know that control could disappear in the blink of an eye.


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  #177 (permalink)
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Posts: 2,547 since Jun 2010
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Awesome! Nice improvement and calm!

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  #178 (permalink)
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houston
 
Futures Experience: Intermediate
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Posts: 407 since Sep 2010
Thanks: 266 given, 269 received

+ .9 TF Jan 25, 2012

I'm beginning to believe Deucalion who wrote, "...I just try to minimize my "stupid" moments." My first two trades were, "Duh..." At least I smartened up a little bit afterwards (if you can call trading on the day of a Fed announcement smart). Got two profitable trades.


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  #179 (permalink)
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Favorite Futures: TF
 
bluemele's Avatar
 
Posts: 2,547 since Jun 2010
Thanks: 3,806 given, 2,826 received

Wow, oops, didn't realize FOMC

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  #180 (permalink)
Elite Member
houston
 
Futures Experience: Intermediate
Platform: nt
 
Posts: 407 since Sep 2010
Thanks: 266 given, 269 received

+ 1.1 TF Jan 26 2012


I was determined to wait for the mid charts to indicate a long...but nooooo, I had to trade beforehand. Sure 'nuff, I got stopped out. I'm calling that premature e-trade-ulation. Then I got with it a bit and had two profitable trades. The second went 3 points further after I exited. The mid charts had given no indication to exit. Again, premature etradeulation. BTW, I don't have that problem in non-trading activities.

I guess my governor is set to generate a point or so each day. I need to embrace this and not chastise myself. Thanks to those who have helped me see this!

[yt]http://www.youtube.com/watch?v=jMpwFp9TITQ&feature=g-all-lik&context=G2eecbeeFAAAAAAAAAAA[/yt]

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