My misunderstanding. I saw your ES charts prior and didn't realize you were going to try this with the YM. By the way great trade my friend, and congratulations on becoming a Funded Top Step Trader. Your interview was great!!!!!
Now on to the ES if you look it has been nothing but sideways action today. I've noticed that the moves prior to announcements tend to be more within minutes or up to one hour prior to an announcement. That is why I pointed out to you about the GDP being Tuesday.
NT7 DOM trading is something I have yet to master, and have had the same problem with hitting the wrong darn buttons. I just stick to the chart trader, but whatever works for each of us right
Hehe thx Bill, I am trying to keep up consistency instead of overtrading or overthinking. I was not seen the picture in the morning to shoot for a big drop, so I have been dropped my idea I have not checked back what happened, the GAP close was a good target, further more I do not care at all Tomorrow will be interesting.
I do not trade the ES. It is too much noise, and it is a slow mover for me. You know master one index and one index only, and you can be profitable there than there is no reason to look elsewhere
One of my favorite episode from Band of brothers is this : "Band of Brothers" Why We Fight (TV Episode 2001) - IMDb . The key messages the brain always have to find something to justify the act and scarify what he is doing. Really. We need meaning. We need it so badly, which sometimes makes us blind, and I do not want to make anyone blind here.
Fighting for something will not makes you a winner. Really. Repeating the same thing over and over and over again, will makes you a maniac and not a winner either. You have to be smart, but this is the hardest thing to do it during the chaos. Trading or any competitive job like poker, or being a sales person is not about the good guys will win. It is about the find something what others do not have it, and beat them. If you are winning in trading, on there other side someone will lose! You are getting paid someone else, you can have a dream about that is a big firm, but it is not important at all.
The ugly fact is that you will never know that you are doing good, till you are not doing good. It is like solving a math puzzle. When you are thinking it is looking impossible, when you have been solved it it is looks like so easy.
But, and here is the BUT you have to adopt yourself, you have to be better and better, you have to work on yourself till you are not succeeded. For me which helped the most was trying to change something over and over again:
- not only with my trading style - at the end it was the same how did I started, I had a lots of short cuts, you can read it here: https://futures.io/trading-journals/30483-mergodon-topsteptrader-live-account-journaling-15.html#post450359
- also I am keep trying to journaling as much as I can, but when I was down, I was blind, and I was not ready to talk with anyone. Also I was ignoring a lots of good and bad advice as well. You never know. Every friend was saying to find a job, is it a good or bad advice? Not it is easy to say, probably a bad one, but back than maybe it was right. Here is a story about it: https://futures.io/trading-journals/30483-mergodon-topsteptrader-live-account-journaling-21.html#post453487
- and I am keep trying to say also, there is no good or bad method to learn trading. I am amazed about others can trade all day for example, or trade with own platform etc... I would like to get there. But buying a new indicator, or choosing a mentor will not make any different, only if you do thing with another way. YOU have to change, and than you can be open for success. Please understand that, I do believe that a mentor/indicator could help your success, but what help the most is YOU! Here is futures.io (formerly BMT) greatest : https://futures.io/trading-journals/30483-mergodon-topsteptrader-live-account-journaling-20.html#post452706
- And for last and not least. Do not forget where did you come from, and learn learn learn more. It is much easier to do this journaling thing, because I am doing good. And even the bad days, are going easily because I am doing good, and here is a good quote from @tigertrader
I am writing this down, because doing 20 failed combine means nothing if you are not learning from it So @TurismoTek was asking about what is the book what I would like to write. It is about trading. Learn trading. How to stop spending stupid money on trading, and spend it smart. I believe I could be legit here. So it is not about a trading system, or how to trade, it is about how to learn trade...
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Speaking frankly we are not oke these days. The whole family is sick, I had a high fiver last night. I did not want to mention it, because I was oke this morning ( www.headspace.com meditation helped me a lot, to get sleep, and get a good healing sleep, just for your reference ) but still. The family is not oke, so small fights without real reason just come and go. We are human, and we are not perfect at all.
So my wife is sleeping with a kids in our bad, and I was not in the mood to go in sleep on the floor - really next to them. I was planing to go down the the shop and buy a cigarette to smoke. It was a good plan, so I went down, and my feet started to go my usual running route. I was not running because of the sickness in the last 2 days, so it was obvious for my body to go for a run. So instead of smoking I was walking 3-4 rounds, thinking not listening anything. The feeling to have a smoke has been disappeared and all my stress and bad feeling has been vanished.
So habits are good. It is hard to create these, but if they are there, they can keep you to do stupid things. If you are feeling some similarity with trading habits like not to loose than you are right, there is!
I hope you and your family get well soon. Speaking of bad habits, I tryed last 15 years to stop quit smoking but never really did. Since two years I use only e-cig, it's not like it is wealthy but it hurts just less.
So I think the meaning can be if you can't change your bad habits, find a way to make them hurt less to you
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I disagree. I would like to see my reality where I can create new hobbies and change old ones. Do not get it wrong it doesn't mean that the old bad habit is disappearing but it could be changed and forced to not used.
It is same like trading. There is a lots of book how to handle the psychology behind trading. Which will be the best fit for you ? Never know. You have to choose your own belief and you will live the life what you have been chosen.
And the funny thing is that it is doesn't matter who is right or wrong if I believe my rightness it could give me enough power to do something which looks like very unusual from outside. That's why it is a great example how could a running habits works without noticing it and preventing me to have a smoke