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Trading is the easiest endeavor in the world....


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Trading is the easiest endeavor in the world....

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  #1 (permalink)
 nakachalet 
siam, west coast andaman sea
 
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greetings traders

yes, definitely; trading is the easiest endeavor in the world for anybody and everybody....;

and that is my opening statement to arouse your curiosity to think more provoking trading thoughts.

and my statement is practically immutable under any circumstances.

won't you agree; traders, ladies and gentlemen, sirs and madams?

pls do feel free to agree and/or disagree, or partially agree and/or disagree; if you feel like, K?

more to follow on sunday evening. stay tuned, if you like.

have a wonderful and safe weekend with your significant others....

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I agree.

I traded today a number of times.

Went to Starbucks and got a coffee & breakfast.
Went to the supermarket.
Brought some smoothies from the Mall.

All involved trading.

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 Lornz 
Oslo, Norway
 
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DionysusToast View Post
I agree.

I traded today a number of times.

Went to Starbucks and got a coffee & breakfast.
Went to the supermarket.
Brought some smoothies from the Mall.

All involved trading.


I once traded my dignity for a handful of quarters...

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 trendisyourfriend 
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Change the word "trading" by "winning consistently" and see if it still makes sense

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 Lornz 
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trendisyourfriend View Post
Change the word "trading" by "winning consistently" and see if it still makes sense

It's still true, at least for Charlie Sheen.

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ReaM
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Trading is the hardest thing I've ever done in my life. It's a very painfull full time activity which when traded unprofitably destroys your self-worthiness and gives you suicidal thoughts. I'm going to have grey hair before I am 30.

According to Tom Baldwin only 1% makes any significant money in markets. There is a nice analysis on forex factory somewhere showing that about 3.5% of people are profitable trading over a perioud of I believe 10 years. The rest is losers. How is that easy?

Good Luck with your journal^^

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Billbb
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ReaM View Post
Trading is the hardest thing I've ever done in my life. It's a very painfull full time activity which when traded unprofitably destroys your self-worthiness and gives you suicidal thoughts. I'm going to have grey hair before I am 30.

According to Tom Baldwin only 1% makes any significant money in markets. There is a nice analysis on forex factory somewhere showing that about 3.5% of people are profitable trading over a perioud of I believe 10 years. The rest is losers. How is that easy?

Good Luck with your journal^^

True that !!

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 nakachalet 
siam, west coast andaman sea
 
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thx much everyone for leaving your thoughts.

as @Conal revealed in his latest trading journal which i responded and congratulated him thusly:

now, conal, you are on one of the right tracks....
Conal
Lessons for Friday 3/23/12

Time in Trade : I noticed a few trades that became profitable right away. Conversely, other trades were either profitable then stalled and came back to my entry (ES short 10:01) or never took off from my entry (QM 10:31). Perhaps if the trade does not work rather quickly then it's indicative of poor trade location and should be exited early, before the stop or target it hit.



it appears for the very first time, you stumbled upon the very fact that if and when you have an indicator or indicators that correctly, more often than not, could ride on the ridge of price action, north or south, as it revealed itself to you when you stated that--I noticed a few trades that became profitable right away....; then if you could tweak that indic to include sort of empirical price action sample....

that same indic would serve you and enrich you more than you can imagine.... is my one man opinion.

good luck and have fun. and wishing you the best.


a trader really does not need many fancy charts and indic to become profitable and consistent.

as everyone can see, you really need only one reliable indic to trade reliably, profitably and consistently.

will try to include more graphics demonstrations as samples in this thread next.

wish every trader would have a wonderful quality time with your significant others this weekend. cheers.




Billbb View Post
True that !!




nakachalet View Post
greetings traders

yes, definitely; trading is the easiest endeavor in the world for anybody and everybody....;

and that is my opening statement to arouse your curiosity to think more provoking trading thoughts.

and my statement is practically immutable under any circumstances.

won't you agree; traders, ladies and gentlemen, sirs and madams?

pls do feel free to agree and/or disagree, or partially agree and/or disagree; if you feel like, K?

more to follow on sunday evening. stay tuned, if you like.

have a wonderful and safe weekend with your significant others....


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 nakachalet 
siam, west coast andaman sea
 
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this most recent post in bmt also spells out beginning traders' multiple woes and such:

forgiven
Elite Member
knoxville tennessee usa
Trading Experience: Intermediate
Platform: nijia trader
Favorite Instrument: es
Posts: 3 since Mar 2012
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you have made a very good frist (sic) step,coming to this forum this is the real deal. i was in your shoes 4 years past.

number 1 DONT BUY ANY TRADING SOFTWARE

#2 DONT BUY TRADING COURSES. MOST OF THE PEOPLE SELL THIS MATERAL (sic) DONT REALY (sic) TRADE.

#3 KNOW THIS WILL THE THE BIGEST (sic) CHALLANGE (sic) YOU WILL HAVE HAD IN LIFE.

IT WILL TAKE 2 YEARS OF HARD WORK....
---------------------------

trader goes by the name 'forgiven' really said it well in what was intended to say here in this thread.... as preliminary exposition.

it is analogical to becoming board certified physicians, you really have to know your stuff and to know everything really well.

but then, it is even much easier to become a board certified physician.... than to become a consistently profitable trader.... and that is another immutable fact in life as well.

in medicine, when you learned all the required voluminous facts and figures and then some.... you would be certified and earned your life long degree to practise.... attempting to heal all physical ailments....

however, in trading--as everyone already realizes, there is no such thing as life long certification, much less life long trading successes, as in medicine. in trading, even if you could learn everything offered herein at bmt, you are still not guaranteed--that your holygrail setups will produce similar profitability today as yesterday.

just when a trader is reasonably sure that he/she is on cloud9, whatever he/she touches has had already turned into gold in the morning.... but then in the afternoon session, for whatever reasons, the immensely successful traders in the morning, trading in the same manners as in the very successful morning session; would not be able to hold on to profits generated from the morning session. such similar examples are plentiful indeed.

the aforementioned are presented in general terms and preclude those group of traders who watch and trade exclusively on their own certain specific setups only which come across their screens only a few occasion per trading day. this highly successful group are profitable only by the very nature of their own creation--they trade very selectively and they only trade on their own proven setups and patterns. my trading friends, even as selective as they are.... they are still not completely profitable each and every trade....

the very same setups that proved profitable a few hours ago, might just prove the traders wrong in the very next succeeding attempt. and this is another immutable fact. the liquid market and traders on the other side of your trade do have their own minds and their own different masters to serve. so the over-simplified axiom--cut your loss, most definitely still prevails; if a trader wishes to trade again the next day.

am going over pix of trades taken over the last month to post here. and i beg your indulgence and thank everyone for your long sufferings and such.

perhaps, you would be able to see many of my errors and learn to delimit them in your own trading styles and fashions. wishing everyone happy and profitable trading in the coming week. cheers.












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 GFIs1 
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nakachalet View Post
trading is the easiest endeavor in the world for anybody and everybody....;

Hahaaaaa!
1) Got mailbox filled with nice mails stating that trading IS easy and brings instantly a LOT of BUCKS
2) As I need not much money - there we go: Invest - trade - trade - broke the account
3) after many refilled accounts (you got it already) there are only two ways:
3a) QUIT: ahhh - there the 95% of all traders go
3b) Trade consistently profitable and stay in the game - these are the < 5% left

This is all hard work at any time.
If one thinks without learning and invest money into learning more than the basics there is no chance
to survive as a trader.
Expecting a learning curve of more than 2 years to reach that state of profitability. So it is very clear
that not many people will go this painful path of seeing their money draining...

GFIs1

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  #12 (permalink)
ReaM
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You have written a very good post, nakachalet. You seem to have an idea about how trading is done. Probably more than i do

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 Big Mike 
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Congratulations on your journal!



In the spirit of our March Trading Journal contest, I am asking everyone to spend a few minutes and share their journaling experience.

A) What are the top five benefits you have seen as a result of regularly posting in this journal?

B) What are the top five problem areas you have identified as a result of regularly posting in this journal?

C) Were you initially reluctant to start this trading journal? If yes, why?

D) How do you feel, overall, about your journaling experience?

E) Would you recommend to others that they should also start a trading journal?

Thank you for taking the time to answer my questions. I appreciate your posts, and I hope you have benefited from your journal. I also know that others will benefit as well, just by reading about your own experiences.

Enjoy your weekend,
Mike

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  #14 (permalink)
 nakachalet 
siam, west coast andaman sea
 
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Big Mike View Post
Congratulations on your journal!



In the spirit of our March Trading Journal contest, I am asking everyone to spend a few minutes and share their journaling experience.

A) What are the top five benefits you have seen as a result of regularly posting in this journal?

B) What are the top five problem areas you have identified as a result of regularly posting in this journal?

C) Were you initially reluctant to start this trading journal? If yes, why?
D) How do you feel, overall, about your journaling experience?

E) Would you recommend to others that they should also start a trading journal?

Thank you for taking the time to answer my questions. I appreciate your posts, and I hope you have benefited from your journal. I also know that others will benefit as well, just by reading about your own experiences.

Enjoy your weekend,
Mike

In the spirit of our March Trading Journal contest, I am asking everyone to spend a few minutes and share their journaling experience.

A) What are the top five benefits you have seen as a result of regularly posting in this journal?

1--it helps to stay more intensively focused on each trade.
2--it hightens your interests in each trade....
3--it intensifies your awareness of each beginning setup of a trade.
4--it helps you to face the fact regardless of profitability.
5--it humbles you when you have to post your negative trades, however small.


B) What are the top five problem areas you have identified as a result of regularly posting in this journal?

1--it takes lots of minutes and preparation, particularly in my case, when i like to include pix of each trade taken, to clarify my subsequent self-evaluation of each trade.
2--it practically interferes each decision making to enter or not to enter a trade, when another product setup appears to show profitable setups, as well.
3--it takes even more time to categorize and to group each trade into its category.
4--it creates unnecessary self-doubt regarding if you've already maximized each trading opportunity, when posting regularly; when in actuality, it takes much more time to evaluate each trade and its conditions upon entering and also upon exiting a trade.
5--it would destroy some weaker traders' self-confidence and impending trade, if successive failures were recorded in succession. .


C) Were you initially reluctant to start this trading journal? If yes, why?

only certain concerns as to how much do i want to show other fellow traders, what and how do i manage setups, trade management and follow-up.

D) How do you feel, overall, about your journaling experience?

it is more suitable for beginning traders to keep track of each of their trades and write down reasons for each trade to sharpen their senses and awareness of why each trigger is pulled, than those already trading for a living who are so very used to pulling the trigger almost as a second nature, so to speak. besides, brokers' daily report would also already provide each trading particular in detail, in addition to traders' own on-screen dom and such.

E) Would you recommend to others that they should also start a trading journal?

see response in d which is more appropriate for beginning traders and perhaps many in between. so they can find reasons for each trade and reasons why certain trades are successful while some are not so successful, particularly when the same setups and similar conditions are observed and executed accordingly. in my opinion, it won't hurt to habitually record your own trading journal manually or electronically.

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 nakachalet 
siam, west coast andaman sea
 
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Posts: 512 since Aug 2011

bmt offers NEW TRADING PLATFORM AND BROKERAGE SERVICES....?




just accidentally came across the above message flashing on my 42' screen.

is the message accurate, mike?

how come there is no nothing appearing on any of our forum or thread at all.

what gives mike, isn't it an exceedingly happy occasion for all to celebrate....?

it is another outstanding milestone to cherish....

why is there such long silence in your own house, pls?

just curious. but then congrats is in order for another zenith accomplishment, mike.







nakachalet View Post
In the spirit of our March Trading Journal contest, I am asking everyone to spend a few minutes and share their journaling experience.

A) What are the top five benefits you have seen as a result of regularly posting in this journal?

1--it helps to stay more intensively focused on each trade.
2--it hightens your interests in each trade....
3--it intensifies your awareness of each beginning setup of a trade.
4--it helps you to face the fact regardless of profitability.
5--it humbles you when you have to post your negative trades, however small.


B) What are the top five problem areas you have identified as a result of regularly posting in this journal?

1--it takes lots of minutes and preparation, particularly in my case, when i like to include pix of each trade taken, to clarify my subsequent self-evaluation of each trade.
2--it practically interferes each decision making to enter or not to enter a trade, when another product setup appears to show profitable setups, as well.
3--it takes even more time to categorize and to group each trade into its category.
4--it creates unnecessary self-doubt regarding if you've already maximized each trading opportunity, when posting regularly; when in actuality, it takes much more time to evaluate each trade and its conditions upon entering and also upon exiting a trade.
5--it would destroy some weaker traders' self-confidence and impending trade, if successive failures were recorded in succession. .


C) Were you initially reluctant to start this trading journal? If yes, why?

only certain concerns as to how much do i want to show other fellow traders, what and how do i manage setups, trade management and follow-up.

D) How do you feel, overall, about your journaling experience?

it is more suitable for beginning traders to keep track of each of their trades and write down reasons for each trade to sharpen their senses and awareness of why each trigger is pulled, than those already trading for a living who are so very used to pulling the trigger almost as a second nature, so to speak. besides, brokers' daily report would also already provide each trading particular in detail, in addition to traders' own on-screen dom and such.

E) Would you recommend to others that they should also start a trading journal?

see response in d which is more appropriate for beginning traders and perhaps many in between. so they can find reasons for each trade and reasons why certain trades are successful while some are not so successful, particularly when the same setups and similar conditions are observed and executed accordingly. in my opinion, it won't hurt to habitually record your own trading journal manually or electronically.


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InTheBubble
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Very true but it takes more than two years of hard work

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  #17 (permalink)
 nakachalet 
siam, west coast andaman sea
 
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InTheBubble View Post
Very true but it takes more than two years of hard work

very very few, as a matter of fact, would be able to emphatically say what you did.

congrats, indeed.

a nonsensical dreamscometrue 002


---------------

a nonsensical dreamscometrue 003

------------

whatever happens to those pix....LOL

there are 5 pix and one video....

OH WELL.... again my humble apology, my very own inadequacy in not being able to post pix and video at the same time. shame on me.

(continue)

....most traders who are still making the journey.... because of their personal real live experiences.... which are very real and excruciating for most.... are not able yet, at this point in time, out of their trading experiences, declare that....

if and when.... you have the formulae or formula to not only tell you but also show you graphically on screen--when to enter and exit a trade at the 70% (?) level of confidence....

trading is truly the easiest endeavor in the world....

WHICH I ALSO KNOW ONLY A SMALL PERCENTAGE WOULD MAKE IT THERE ON THEIR OWN.... AND THIS SMALL GROUP DOES HAVE THEIR VERY OWN VERY ABERRANT IDEAS AND WAYS OF TRADINGS....


most would consider these traders abnormal and arrogant; but as a matter of fact, most would just like to be by themselves doing whatever they are doing, at whatever time span, at whatever speed and at whatever manner.... that appease their own individual characteristics and preferences.... which alone would cast serious doubt in many minds....

thank you very much everyone for spending your precious moment here, which is very much appreciated indeed. to compensate you for your time, would like to leave you something that hopefully would inspire each of you to also come up with your own holygrail but with a much better, much more precise, much more accurate and much more consistently profitable module than what you see here, K?

enjoy everyone and thank you again for visiting, much humbled.

Attached Files
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  #18 (permalink)
 nakachalet 
siam, west coast andaman sea
 
Experience: Master
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Posts: 512 since Aug 2011

this is a personal journal--NEVER INTENDED TO SHOW OFF


mrmuggins
Trading may be the easiest thing in the world to you. But you are successful. I am not.

So don't show off.



@ mrmuggins

this is a personal journal--recording whatever trades that have had just been executed. i prefer to use screen shots to illustrate rather than to use lines, paragraphs and pages of writing to explain, K? personally, i do learn more effectively and efficiently with graphics than verbiage, alright?

it is never intended to show-off.

when traders come by to visit, it is hopeful that from the avenue that has been chosen here that is , as much as possible, to always include screen shots, rather than verbal explanation of what transpired which personally is quite boring--to just listen and read like in the old school days, and

also by providing some corresponding graphics as augmentation; hopefully, visiting traders would be able to better understand and perhaps would be able to also pickup something to augment their own trading personality and style, if they so wish.

i am truly contrite if this gives the impression that the exposition conveys show-off which never is its intent. my humble apology to you, mrmuggins and also to everyone else who might feel the same.

more importantly, by the very fact that you are here with a bunch of other traders at bmt, you are already a head and shoulder above numerous others who are still in the dark about trading profitably. there are many more prolific traders on board here who have consistently contributed unselfishly to enrich other traders and have never asked for a dime in return.

mrmuggins, if you stick around long enough, you could be even more successful at trading than many of us, K? no one knows for sure.

90% of what you see on the application side, are all available here in the download section practically free to everyone who wishes. a diligent trader just needs to tweak around a little so it would fit his/her your own trading spec.

big mike's own old trading journal would be one of the very best guidelines for any trader who wishes to progress toward profitability and consistency.

cheers everyone.

@ mrmuggins; specifically, if you wish to progress toward profitability and consistency real fast and in a big hurry <not that it is prudent or preferred> why not just copy a few relevant things that big mike did in his journal?

just setup exactly as he did in terms of long term, medium term and short term signals.... big mike also provided much better verbal explanation in his personal trade journal.

imho, it is entirely possible that you could even become reasonably profitable within a few months, if you could duplicate everything he did so successfully.

thx for coming by and expressing your opinion which is duly noted, K? wishing you much success, mrmuggins.

Last edited by nakachalet; 2 Hours Ago at 12:39 AM.

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  #19 (permalink)
 nakachalet 
siam, west coast andaman sea
 
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Trading: gc, cl, tf, 6e
 
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this text appeared seven or eight times....

nakachalet

The following errors occurred with your submission:
  1. The text that you have entered is too long (190402 characters). Please shorten it to 50000 characters long.

this text appeared 7 or 8 times, each time, i deleted some passage to trim down to fit the requirement.

after a few trimmings, the thoughts, ideas and questions generating from looking back at trading multiple products at the same time.... are completely deleted from the screen which is very unfortunately. it has been a couple of hours since i first started on part 2 which is now also been integrated into the original part 1; due to my own misunderstanding of how the posts are supposed to be posted from month to month; my apology as well;

and finally at this exhausted stage, it does not seem that the essence of trading and the incurring inherent problems concerning trading multiple products at the same time, remains any where to be noticed or recovered here.... so very sad and so very wasteful. just what sort of posting program is being employed here?

succinctly, even posting this single chart has been considered as too long by the posting program....????? what a day, indeed!

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 GFIs1 
Legendary Market Wizard
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nakachalet View Post
this text appeared seven or eight times....

hey naka - thanks for your postings
have read your part two - as I read it: copy/paste from part one
Take it easy this weekend and

... R E L A X ...

Next week will bring some NEW movements

Cheers
GFIs1

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 nakachalet 
siam, west coast andaman sea
 
Experience: Master
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GFIs1 View Post
hey naka - thanks for your postings
have read your part two - as I read it: copy/paste from part one
Take it easy this weekend and

... R E L A X ...

Next week will bring some NEW movements

Cheers
GFIs1

thx, gfis1:

perhaps you already noticed that part 2 which supposedly contained a brief summary from part 1, before going on with part 2; has been scraped: mike said to go on with the original thread, part 1. i rather think the messiness contained in part 2 was due to soft ware problem rather than my own fallibility and frailness .... LOL

but then at this moment i also noticed another short video was missing from part 1 and part 2; so very annoying. will try to search and repost sometimes later.

this particular video showed multiplicity problems when trading several products at the same time, such as <just for starting>,

1--would you take the first setup that comes along, whichever product? or

2--would you take a wait and see attitude, perhaps the second setup of another product, would be more potent, hopefully or whimsically?

3--ok, while you already have 2 different trades going for you or against you; the third setup from the third product appears to be looming. would you focus on this third setup and pull the trigger to enter yet the third trade?

4--and what if, the fourth setup materializes, would you also take the fourth?

5--would a trader be able to maximally focus on four on going trades at the same time with equal and undivided attention given to all four positions?

will diligently search for that short video to some what complement the aforesaid questions, K?

have a restful and safe weekend everyone.

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 GFIs1 
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nakachalet View Post
1--would you take the first setup that comes along, whichever product? or

2--would you take a wait and see attitude, perhaps the second setup of another product, would be more potent, hopefully or whimsically?

3--ok, while you already have 2 different trades going for you or against you; the third setup from the third product appears to be looming. would you focus on this third setup and pull the trigger to enter yet the third trade?

4--and what if, the fourth setup materializes, would you also take the fourth?

5--would a trader be able to maximally focus on four on going trades at the same time with equal and undivided attention given to all four positions?

On my behalf
One trade at a time AND
One instrument at a time
is
Enough For Me
as I am preferring to not overload my Nerves

GFIs1

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 nakachalet 
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nakachalet View Post

....this particular video showed multiplicity problems when trading several products at the same time, such as <just for starting>,

1--would you take the first setup that comes along, whichever product? or

2--would you take a wait and see attitude, perhaps the second setup of another product, would be more potent, hopefully or whimsically?

3--ok, while you already have 2 different trades going for you or against you; the third setup from the third product appears to be looming. would you focus on this third setup and pull the trigger to enter yet the third trade?

4--and what if, the fourth setup materializes, would you also take the fourth?

5--would a trader be able to maximally focus on four on going trades at the same time with equal and undivided attention given to all four positions?

will diligently search for that short video to some what complement the aforesaid questions, K?

have a restful and safe weekend everyone.

this video is exh2012-222 which required about 3 min to view but required a few hours to finish up; in order to save viewers' time, several inactive segments were arbitrarily deleted.

apparently, there are other numerous difficulties associated with trading multiproducts at the same time, which i am certain, are already apparent to everyone with or without having to view the accompanying video.

so enjoy the video and critique if you so wish. am always open to additional observations and suggestions with appreciation and thankfulness for whatever thoughts left here.

have a wonderful and safe weekend everyone.

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 Big Mike 
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If you post the video in FLV or MP4 format, people can view them without downloading them now.

Mike

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 nakachalet 
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Big Mike View Post
If you post the video in FLV or MP4 format, people can view them without downloading them now.

Mike


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 nakachalet 
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 nakachalet 
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 Big Mike 
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I need a long vacation and to meditate for a few weeks after listening to the first 5 seconds of your last video.

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 Gary 
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Big Mike View Post
I need a long vacation and to meditate for a few weeks after listening to the first 5 seconds of your last video.

Mike

I would like to add a WARNING TO ANYONE VIEWING THIS VIDEO... Be sure your volume is near 0 before starting to play this. In fact, just mute, or skip the thing entirely.

Gary

As consistently profitable traders.. "We get paid to wait, and we wait to get paid."
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 emini_Holy_Grail 
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sorry guys to ask this, as my speakers in my PC is broken.
what is in that 5 seconds that is so bad. just curious to know

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 nakachalet 
siam, west coast andaman sea
 
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Big Mike View Post
I need a long vacation and to meditate for a few weeks after listening to the first 5 seconds of your last video.

Mike

@mike and everyone

by george, i completely forgot about the unintended background audio.

my most humble apology to you and everyone listening in to the foreign language background audio.

the actual background audio coming with the clip, should only be very soothing melody, appropriately named--let's sing at bmt trading and rejoice at the plentiful profit... (in my own opinion, that is).

a short clip of the accompanying music is attached, if anyone cares to give a feedback, pls.

MORE IMPORTANTLY, just how to replace background audio without having to doing everything all over again--dubbing?

anyway, my humble apology to everyone.

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 nakachalet 
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Gary View Post
I would like to add a WARNING TO ANYONE VIEWING THIS VIDEO... Be sure your volume is near 0 before starting to play this. In fact, just mute, or skip the thing entirely.

Gary

my apology everyone.

trying to redo and to take out the interfering audio in the clip.

will repost the revised version soon. again my humble apology.

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 nakachalet 
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Big Mike View Post
I need a long vacation and to meditate for a few weeks after listening to the first 5 seconds of your last video.

Mike

very sorry, mike.

let's try watching it again and this time under the banner of:

let's Sing at bmt trading and REJOICE at the plentiful profit

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 nakachalet 
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emini_Holy_Grail View Post
sorry guys to ask this, as my speakers in my PC is broken.
what is in that 5 seconds that is so bad. just curious to know

it was so bad, 'cause it was exploding with extreme expletives in a foreign language unfamiliar to the ears of the developed country citizens.... lol

however, would you like to or even dare to try and watch this video.... at your own risk?

and here it is, only if you wish to watch, K?

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 nakachalet 
siam, west coast andaman sea
 
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just saw an ads per attached belonging to someones trading in the same room some 8 years ago.

their names and addresses with other particulars were deleted to protect themselves and particularly other wannabe traders among us, from falling prey to such training ads and methodologies.

those signed up wannabe traders would be exposed to different indic and setups according to their for purchase only, additional training materials and indic bundles, at different discount prices.

as every trader here already realized that it is practically, virtually and humanly impossible to become a reasonably adequate surgeon over several days of intensified training, regardless of how well qualified and advanced the chief training surgeon is.... trading is very personal and individualistic as well.

these trading brothers were good, unlike numerous other gurus whom we have been exposed to, who traded using simm and defended using simm as--just as good as real money trading; the duo would trade real time, real money and with their own cash accounts to prove their skills and vulnerability.

anyway, one reason that this is brought up in my personal thread is.... there are just too many so-called gurus on board here, who consistently insisted publicly that there is no significant difference between trading simm and real money.

well, every one of us are free to believe whatever we want to believe, K. just keep your money very close to your vest, alright? there are plenty of trading goodies in the down load section that would propel you to the front of the class; if you are determined enough to dig deep, diligently and consistently, beside asking questions and seeking answers and other resolves from the forum.

there are many behind the scene traders here who are just as good or even better traders than those who are asking unreasonable sums in exchange for their wares and training, who on a daily basis provide free advices to every member at no cost--which is truly amazing and unbelievable. you have my highest esteem and respect guys/gals.

before i forget, here is the ads in question.... but keep your money to yourself, OK?

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 nakachalet 
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here is another short video clip in flv format.... bravo

finally, it seems that it is not too difficult after all to produce flv format. it just requires additional attention and time to configure from other format to flv which is great for posting to other social media.

what is visible on screen is quite similar to an iceberg where only about 30% is visually identifiable above water, the other equally significant correlating numbers, colors, lines and directions et al are all securely buried under water.

like many delicious cuisine, careful planning and preparation must be minutely carried out behind the scene in the kitchen; likewise in trading, every trader realizes that a greater part of time and effort are spent in getting every essential in proper order and sequence, without which there can be no consistency in the way the trigger is pulled to enter and exit a trade.

chances are more often than not, whether going for a long or a short, if proper preparation has been minutely detailed and carefully carried out and tested long before hand; the chance of seeing the trade going your way, in my estimation, is much greater than 50/50 for sure.

in rare instances, where correlational colors, angles, lines, sights and sounds are all pointing to the same direction, it is reasonable to assume that more than 80% of the time, the indicative price bar in the following few seconds or minutes would head to that same direction likewise.

personally, it is most important to select a proper profitable entry point, without which there can be no subsequent follow-thru profitable transaction, ever.

as to the question--which can be considered as a most probable profitable entry point, is subject to many contestable ideas and varying opinions; which i would humbly leave it to you great traders to ponder and perhaps argue, K?

at this point, i do hope everyone would enjoy the sight and sound of this short trading video, not too well prepared--i must admit with apology.

on the other hand, personally i do enjoy and appreciate raw footage over professionally prepared version, any time.

cheers everyone. hope everyone would have many profitable trades in the remaining hours.

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 nakachalet 
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enjoy a short trading video, 1 min 40 sec, which is not too long but sure took a long time to make.... lol

my apology everyone, your email would be responded to before the opening bell on monday morning, K?

have a profitable and fun trading day everyone

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 nakachalet 
siam, west coast andaman sea
 
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your email would be responded to over the weekend, ok? my apology everyone.

this clip was only 2:30 min long but full of trading activities. enjoy everyone.

HOPEFULLY, TOMORROW--THURSDAY would be an even more exciting and more profitable day for everyone.

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 nakachalet 
siam, west coast andaman sea
 
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another short and sweet trading video.

hope everyone visiting would enjoy the 1:30 min video.

and also hope that you have a great day and fun day trading also.

here it goes, also in FLV format this time <presuming that it was recompiled correctly, LOL>

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 nakachalet 
siam, west coast andaman sea
 
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a thursday night trading session video containing slightly over 01:19 min in length.

wishing everyone shabbat shalom

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 nakachalet 
siam, west coast andaman sea
 
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a very short 1-min video.

moving stoploss up to protect profit however small.

<mike, play button for flv format is not working any more or is it just my own comp?>

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 nakachalet 
siam, west coast andaman sea
 
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this is the night session before ny opens on april 24, 2012, tueday.

another short video about 2 min for your premarket pleasure.

hopefully, it would be able to provide some encouragement for all visitors to trade even with more determination and greater success rate with compounding profitability, K?

have a profitable and fun trading day everyone. cheers.

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 nakachalet 
siam, west coast andaman sea
 
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boy oh boy, what an exhaustive day.

all the 5 tics, 10 tics stops were all easily and quickly taken out right and left at an alarming pace.

it took a little while to recover from initial and unusual shock and to realize what actually happened across the market. wow....

stops were increased before being able to return to profitability.

enjoy another short video under 3 min, everyone.

hope you are doing quite well today as well. cheers.

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 nakachalet 
siam, west coast andaman sea
 
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it has been so very long since my last post.

my apology to all who returned frequent but did not find any new development.

but like many ancient masters who sought solace and tranquility to redevelop, resharpen and improve their own personal skills; i too retreated to redefine and re-analize those eight profitable setups and subsequent consistently profitable trades.

i am currently very happy to discover that my intermittent goals have been achieved successfully as many who were able to follow my trades would agree.

here are a few concluding summary from last week, included herewith to tickle your viewing pleasure and to encourage everyone to look inside yourself to sharpen and improve your own trading skills; for only you know your own limitation and zest for trading and its crowning pecuniary returns.

if you know of other traders or institutions that could maintain such success ratios in terms of initiating and exiting profitable trades at better than 70% level, i would surely like to compare notes, so to speak, so that maybe someday we could help other traders who have had practically lost their life savings trading whatever they believed to be profitable setups proposed by so many trading experts, coaching gurus, trading schools and self-acclaimed expert traders abound every where.

one personal top secret among others, to attain the level of successes as appeared on the attachment; is to know exactly AT WHICH POINT the buying/selling orders are coming in, AT WHAT LEVEL AND STRENGTH those buying/selling orders are generating, and finally, exactly AT WHICH POINT IN THE BUYING/SELLING SPREE are the buying/selling wave which there are many within a trading session, being saturated.

yes, amongst a few other less obvious formulations, the above are what were used to achieve the following trading results which would be presented for your pleasure at this point.

happy trading to everyone and thx much again for coming by again.

if you like, you can leave your email address and i would as much as i can, try to keep you posted on whether if i am ever able to out distant myself at another level of learning and practising, K?

nakachalet@gmail.com














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 nakachalet 
siam, west coast andaman sea
 
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it is true that i always poke fun at trading gurus, coaches, trainers and some members of bmt and others.... who loved to post long verbiage, narrative, journal and spread sheet to show confirmation of their trading authorities worthy of your subscription.

and i always propose that a pix is worth alot more than a full page of deliberation and explanation.

very few to date are willing to show and tell, rather than just--eloquently tell, how they actually enter a trade and exit at a predetermined level, by just simply and plainly ALSO show their live trading screen(s) to augment whatever they purport to accomplish.

yes, it is a simple task, however it carries enormous ramifications and all....

no one, i gather, really wants to show you their trading screens which are like money printing machines (as one trader told me two years ago) or atm which will dispense CASH whenever you enter legitimate codes.

yes, i'll want to show you just a few of my trading screens, so no one would accuse me of practising double standard--criticizing other traders for just babbling on and on, without augmenting with graphics accompaniment....

so.... attached herewith are a few of what were captured today during the morning trading session in the u.s. they are for your simple pleasure and perhaps also would serve as possible stimulants for each trader toward more profitability and consistency.

for all you newbies, do not be misled by so many seeming trading authorities who preach that it would take years to learn how to trade profitably. and i further propose that it would take forever for a person to learn how to trade profitably and consistently, if and when the aspired trader uses incompatible tools to trade for profit.

listen up.... and think for a minute.... do you ever use your house key to start your mercedez or rolls or austin or whatever.... of course NOT.

do you ever use your car key to open your front door? that is absurdity.

and do you ever ever borrow your good neighbors' serial numbers for their safe boxers to open your own....?

now.... is it a deep dark secret that more than 90% of those very smart entities who attempted at trading for a living, fail miserably?

well, enjoy the pix everyone and happy and profitable trading to you traders as well.

besides, i am always listening and learning and it is no exception here at bmt.... i am a willing learner, always.

and words of wisdom are always appreciated thankfully.

share a thought, an idea, an inspiration, a disgusting setups, a devilish deceptive trading tool purchased or whatever at nakachalet@gmail.com, if you feel like to...., K?

thx very much for your time. wishing you the best trading fun and experience, everyone.

nakachalet@gmail.com





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 nakachalet 
siam, west coast andaman sea
 
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nakachalet View Post
over a year ago, april 16, 2012....

it was coyly stated that....chances are more often than not, whether going for a long or a short, if proper preparation has been minutely detailed and carefully carried out and tested long before hand; the chance of seeing the trade going your way, in my estimation, is much greater than 50/50 for sure.

in rare instances, where correlational colors, angles, lines, sights and sounds are all pointing to the same direction, it is reasonable to assume that more than 80% of the time, the indicative price bar in the following few seconds or minutes would head to that same direction likewise.

personally, it is most important to select a proper profitable entry point, without which there can be no subsequent follow-thru profitable transaction, ever.

as to the question--which can be considered as a most probable profitable entry point, is subject to many contestable ideas and varying opinions; which i would humbly leave it to you great traders to ponder and perhaps argue, K?....

fast forwarded to today, July 11, 2013; there are some pix to substantiate the above trading practices. these attachments were gathered for those who just began to learn how to trade futures in far away land. these folks are even more skeptic in terms of wanting to see with their own eyes how a trade entry was made and how an exist was planned and executed.

hope these attachments would help those learning how to trade better, more proficiently and more profitably, to understand more on the importance of preplanning the entry and exit for every trade and every trading day.

more importantly, nowadays, there are several well respected and highly paid gurus who flately stated again and again, this year, that according to their real life trading experiences, the best trading results have never been better than 60% cumulatively.

perhaps, these highly profitable and highly regarded gurus' conviction and statement instigated my curiosity to see why they said what they said with such affirmation and conviction.

well, at least there was someone here at bmt, during the predicated week, was fortunate enough--either by sheer good fortune or by pure luck, who was able to successfully traded at better than 70% level of consistency.... <see attachments below>

were those new learning how to trade profitably, impressed during that particular week? yes, affirmatively.

<remember there is no guarantee that past performance could be any indication of future success or failure. and the posting here is just for fun, entertainment and risky education at the very elementary level. it is never intended for proper trading instruction nor any trading call as in the realm of certified persons. everyone is reading at own risk, OK?>









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