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I'm chuffed anyone actually took my movie recommendation, so you're automatically my futures.io (formerly BMT) chum now, and I'll follow you everywhere. Not surprised a fellow trader liked it, we're a bunch who like a challenge in understanding complexities!
I have a huge s****r phobia, so that last scene really took me off guard. I've seen a ridiculous amount of films, so can definitely recommend a few along the same lines:
I enjoyed memento also, directed by Christopher Nolan (Batman director) if you weren't aware.
The director of Enemy made a previous film, Prisoners. Worth checking out, though it's a crime thriller mystery. Similar to Prisoners is a film Zodiac (also stars Jake) which is pretty awesome, also a crime thriller mystery --> I recommend both, preferred Zodiac.
Also check out the prestige, (directed by Christopher Nolan), trailer makes it look a bit crap but it's absolutely awesome, so good!
Actually I have a ton of recommendations but I don't want to bore you or overload,
Two more, if you haven't seen Pi, you must as a trader, it's funny comparing it to trading system development and it's an amazing movie by an awesome director (warning: black and white). If you like confusing films you need to google, I'd recommend Donnie Darko (also Jake).
Oh man, just thought of another great mystery film: Moon! you have to watch moon! Don't watch the trailer before hand.
Turismo
Edit: In order of recommendation, mystery/thrillers --
[1] Moon
[2] Pi
[3] The prestige
[4] Zodiac
[5] Donnie Darko
[6] Prisoners
In terms of general movie recommendations --- Anything by Darren Aaronofsky, Stanley Kubrick and Paul Thomas Anderson
Yeah it is quite intense and certainly wont be most people's cup of tea. To be honest there's no way I could sum the movie up in a thread post without going through the whole movie in detail. After the movie, I watched a 25 minute youtube video explaining what the movie was about. Yes,...I watched a 25 minute clip explaining a 90 minute movie, lol
I think it would be a disservice to spoil the movie by explaining everything here and potentially ruining it for anyone that watches it.
ps. if anyone does watch it. Do not ruin it by googling the hell out of it first. Just watch it first.
Overconfidence
Seeking approval
Arrogance
Hating losing
Rushing everything
Not good at handling pressure or stress
unorganised
poor self control
undercapitalised
Doubt
Inconsistency
Anxious
Seeking recognition
Perfectionist
Flittering discipline
Fear of markets being random
Unbalanced focus on skill/method rather than self/psychology
Easily distracted from boring tasks
Like to be right, like to be clever
Easily embarrassed from losing
Trouble committing to something
Overly sensitive
Ability for hope, greed, fear to affect decisions
Obsessive thought patterns
Bad at multi-tasking
My strengths
Reactive skills
Very sharp
Experience from thousands hours observation
Attention to detail
Passion
Work ethic
Knowledge
Ability to hyper focus
Ability to snowball success
Persistence
Winning attitude
Confidence
Patience
Extremely good pattern recognition skills
Very strong intuitive skills
Extremely resourceful
Extremely quick learner
Honesty
Genuine desire to improve
Contrarian/Creative
Logical thinker
Young age
Progressing, not regressing
Acceptance of need for skill and effort
Desire to improve and be good
Economics degree
Persistence in achieving goals
Realistic goals
Extremely good understanding of risk and money management
Acceptance of uncertainty in life
Reasonable risk tolerance
Not a natural gambler
No/little fear of failure, see failure only as a feedback, not a statement of value
Open minded
Very flexible
Realistic objectivity
Trust in my own intuition
Ability to control and react appropriately to emotions
Love performance based competition
Love competition
Love competition regardless of results
Love improving my performance
Love challenges
Love setting goals
Love trading
Good at filtering good and bad information
Exceptional analytical skills
Exceptional problem solving skills
Not a jealous person
Not an angry person
Not a hateful person
Very ambitious
Very hungry for success
Very dedicated to my goals
Love trading when I do it for myself, on my own terms
Trust my own ideas, opinions and thoughts
Don't seek shortcuts
Enjoy learning what moves price
Fascinated by price action and order flow
Healthy, physically fit
Proven ability to eliminate bad habits (i.e. stopped smoking cold turkey, don't drink, don't eat crap)
Proven ability of extremely high self control in areas I care about (i.e. aesthetics, diet)
Don't fear need for subjectivity, relish it
Ability to pursue work as a professional trader
Decisive
Very inquisitive
Growing ability to take setbacks in ones stride
Low risk approach, not reckless
Truth is, I severely under performed in my university classification and I've had serious trouble dealing with this failure to achieve my goal. I've analysed why I didn't reach my potential and am certain it was due to four things:
[1] A lack of hard work
[2] Avoidant due to unhappiness and anxiety
[3] Taking a path my heart wasn't in
[4] Immaturity, irresponsible, laziness
I've translated my learnings into
[1] Work my ass off from now on, which I've adopted quickly
[2] Work on my happiness and issues, rather than ignoring and hoping they disappear
[3] Only commit to things that are in confluence with my heart
[4] I have grown up a lot since then, my poor results were a result of early big mistakes, in later years I did much better but it wasn't enough. These are things that have naturally improved over time, I'm more mature, more responsible and not lazy at all.
I know this journal is suppose to be focused on trading but strangely I feel that everything in my life is related to my success in trading.
Areas to work on:
[1] My trading performance
[2] My methodology, rules and plan
[3] My lifestyle and happiness
[4] Being disciplined
[5] Integrity and pride: Doing what's right
12 things I want to be able to say about myself, to be assessed monthly:
1. I am following my heart and intuition
2. I am proud of myself
3. I am making progress in my goals
4. I am happy and grateful
5. I am growing into the best version of me
6. I am making my time count
7. I am honest with myself
8. I am good to those I care about
9. I know what unconditional love feels like
10. I have forgiven those who once hurt me
11. I take full accountability of my life
12. I have no regrets
Whenever I have gotten the chance to trade in the preceding years, it has always been in a time of large volatility. For instance I came back at the end of September and had a month of strong volatility in the index futures.
Thus, I am always having good results because I am getting lucky with favourable market conditions. Then the volatility dries up and I run out of opportunities.
Based on this, I am considering chasing the momentum and volatility, where ever in resides. Looking for optimum market conditions like trends.
List of markets that interest me
ZC agriculture
CL energy
ES YM NQ TF FDAX FESX NKD stock indices
6A 6B 6C 6E 6J 6S foreign exchange
GC SI metals
FGBL FGBS FGBM ZN ZB ZF bonds
Fear of commitment to imperfection
One thing I've learnt from my trading journey is that I have extreme difficult committing. This is a big realisation and basically applies to all areas of my life. I have a tendency to do nothing rather than settle for something imperfect i.e. I give it all or nothing and lack moderation. I need to apply imperfect techniques to an imperfect market, instead of searching for perfection and certainty. As Bob said, I need to practice my plan and evolve it proactively, not find/look for the perfect plan.
I have at least committed to a few truths/things/ideas (For personal future reference):
Futures, low time frames, price action + order flow, anticipation instead of confirmation, Discretion not automation, trading based on expectations of new money and puking, anticipating momentum.. trends and fading through monitoring energy, seeking low risk entries that allow me to know quickly when I'm wrong, trading at market structure extremes, placing limits early to get a good queue position at places I'm likely to fade, bailing as soon as I know I'm wrong, going with the path of least resistance, focusing on bigger average winners than losers, using a hard stop in every entry, being flexible once in a trade, trusting intuition, focusing on hotkeys and no hesitation -- letting go of missed opportunities, proving profitability of strategy on sim before risking real money, the importance of observation and deliberate practice of market depth and charts, the importance of a winning attitude and relaxed mind, not holding trades into economic releases, trading opportunities around economic releases, treating it as a business, the relation between discipline and success, honesty with ones self, evolutionary planning, the necessity for extreme patience as opposed to mastery of all markets conditions, flexible approach to whether to trade or not on a particular day, viewing trading as a competition and not a mathematical problem, anticipating what the most money is going to do.
