I have been chatting on Skype with Ryan off and on the past few days. He is absolutely committed, very focused, fun to trade with. I am picking up a lot from it. My guess is it is both beneficial and complicating for both of us.
I have also spent time studying a video by @Private Banker. Watched it a few times already. He trades with such ease, like an olympic gymnast can make things look easy even though I know they are not.
My own sense of calm is doing well. I am nearly certain that I will finish down this week, Monday and Tuesday were both max down, and Tuesday was most likely caused by Monday, so I backed off and brought myself back to reality. What took me down was overconfidence more than anything, but since I have seen it before it did not take much to correct the behavior this time. And being concerened about ending up or down is the last thing I need to be doing. That is how I decided to get chatty with Ryan this week, typically don't talk during trade hours, and he has been great relief and support. I found myself wanting him to win as if I were trading vicariously.
Oil is being oil with flying colors recently. Win or lose, I am enjoying it. When I first watched it someone showed it to me just before and then during the EIA report, on a 38 volume bar chart. Craziest thing I had ever seen on a chart. Like a machine gun spitting out bullets. My friend called it "The Beast". The thought of trading it scared me immensely. Trading it scared me for a long time after I started trading it.
The following user says Thank You to GaryD for this post:
Is anyone who reads this interested in having a real get together?
I used to rent a house in the Florida Keys for a week in July, "Mini-Season" for Florida Lobster, and we brought them in by the buckets in 10' or less of water. Warm crystal clear water. I am a pro, and that helps.
10 people max.
I picture having a big screen TV with a laptop hooked up, everyone talks, adds comments, makes trade decisions together (except for the last Wendesday/Thursday in July, particularly Wednesday between 5am and noon. And at least some day of Dorado fishing. And of course, a night in sin city of the south).
It is not to be profitable or not profitable. But expected to be profitable.
It is meant as an exercise in Communication, Collaboration, Education, Relaxation (in a trade).
Email, Skype, PM, call my cell phone. There is this place in trading where we are committed but segregated, unless you live in NY or Chicago or any other place that has a lot of traders. The endeavor may attract a large spread of people, but does not keep many.