Anagami's Comeback: A Journal - futures io
futures io



Anagami's Comeback: A Journal


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one Anagami with 78 posts (202 thanks)
    2. looks_two PandaWarrior with 7 posts (13 thanks)
    3. looks_3 lovetotrade with 3 posts (3 thanks)
    4. looks_4 TheShrike with 2 posts (2 thanks)
      Best Posters
    1. looks_one Anagami with 2.6 thanks per post
    2. looks_two PandaWarrior with 1.9 thanks per post
    3. looks_3 lovetotrade with 1 thanks per post
    4. looks_4 TheShrike with 1 thanks per post
    1. trending_up 8,681 views
    2. thumb_up 223 thanks given
    3. group 4 followers
    1. forum 93 posts
    2. attach_file 33 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

Closed Thread
 
Search this Thread
 

Anagami's Comeback: A Journal

(login for full post details)
  #1 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

For those of you who may not know me, I am Anagami. I used to actively trade futures (and stocks and forex before that) and post on futures.io (formerly BMT) some years ago. I am a Canadian retired in Thailand.

A while ago, the game got too hard, and I was unto my many other pursuits (one of my businesses took off and now pays my bills, I might add). So I quit trading couple of years back... only to re-read the Reminiscences recently. It lit fire under my ass again. I decided to come back. I am different... in the meantime I handled many of my psychological issues (dealing with daddy issues AND an addiction I had for years, to mention but two). I feel I have the balance and the discipline.

How to prepare for a comeback technically?

I did it by trading through most of 2014 ES 5 minute data, bar by bar, on a simulator. I did well. (I hear some of you saying “That doesn't mean anything.” Well, previously I struggled on the simulator too, so shut up. Lol This was a marked improvement.) I took my losses FASTTTT... and held on for bigger swings. I put some rules into place, and I followed them.

Today was my first day back. I don't have a live account, all trades are on OANDA demo, 5 min. CL.

Took 2 trades today.

Trade #1:
b14 short for a double top reversal and big potential move down. The trade went in my favor a bit and then sharply turned. B15 was a hammer. Ouch! Ugly. Welcome back. I closed the trade without waiting for the stop to be hit. -10. I felt good that I took my loss fast. I forgot about it right away and focused on the action ahead.

Trade #2:
b16 long. Felt strong enough, augmented by b14 reversal failure. Took profit at twice the risk. +33

Enough trading for the first day back. I give myself an A+, NOT for a profitable day, but for trading well according to my methodology.


"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 14 users say Thank You to Anagami for this post:

Can you help answer these questions
from other members on futures io?
1-min Intrabar indicator
MultiCharts
Weather services for trading NG
Trading Reviews and Vendors
Is there a way to rename an existing trade?
MultiCharts
Tradenlernen martin popov
Trading Reviews and Vendors
need help writing easylanguage radarscreen weekly perfor …
EasyLanguage Programming
 
Best Threads (Most Thanked)
in the last 7 days on futures io
How much do you know about Bitcoin?
129 thanks
I finally blew up an account
42 thanks
Big Mike in Ecuador
28 thanks
EdgeProX from Edge Clear
24 thanks
The tiyfTradePlanFactory indicator
22 thanks
 
(login for full post details)
  #3 (permalink)
 Big Mike 
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: Custom solution
Trading: Futures & Crypto
 
Big Mike's Avatar
 
Posts: 50,094 since Jun 2009
Thanks: 32,558 given, 98,591 received


Welcome back

Sent from my phone

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/

Visit other sites? Please spread the word about your experience with our community!
Follow me on Twitter Visit my futures io Trade Journal
The following user says Thank You to Big Mike for this post:
 
(login for full post details)
  #4 (permalink)
 GFIs1 
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
Platform: Investor/RT
Broker: IB / DTN
Trading: Futures
 
Posts: 5,465 since Feb 2012
Thanks: 5,339 given, 11,458 received


Anagami View Post
For those of you who may not know me, I am Anagami.

Hi Ana - welcome back!
Wishing you good trades and results.
As we discussed earlier: Market is still here.
You have still all chances.

GFIs1

Follow me on Twitter Visit my futures io Trade Journal
The following user says Thank You to GFIs1 for this post:
 
(login for full post details)
  #5 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

Thanks guys. I missed trading, and I definitely missed this community.

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 5 users say Thank You to Anagami for this post:
 
(login for full post details)
  #6 (permalink)
 iqgod 
Market Wizard
Mumbai, India
 
Experience: Advanced
Platform: ChartNexus
Trading: Stocks, Commodities, Futures
 
iqgod's Avatar
 
Posts: 1,802 since Feb 2012
Thanks: 3,652 given, 3,093 received


Anagami View Post
Thanks guys. I missed trading, and I definitely missed this community.

Welcome back!

Once a trader, always a trader!


Thank My New Journal https://futures.io/trading-journals/56579-just-being-trader-letting-go.html
Please visit and thank individual posts if you feel they are / will be serving some purpose for someone! Remember: Gratitude begets gratitude!
Visit my futures io Trade Journal
The following user says Thank You to iqgod for this post:
 
(login for full post details)
  #7 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

My gf is coming to see me after 2 weeks, taking a 12 hour bus ride... effectively this means it might be difficult for me to get away to trade in the evenings (about 12 hour time difference in Thailand), so I may miss Monday and Tuesday. That sucks, but she's a priority too.

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 3 users say Thank You to Anagami for this post:
 
(login for full post details)
  #8 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

My gf left (had an awesome visit, I might add), so I was free to trade today.

I enjoyed today a lot, despite making no trades (other than an accidental trade when my notebook display started to dim and I initiated a trade by a misclick. I got out right away as the entry at that moment was not planned. No gambling, even if I am buying at the bottom and the trade is working out right away).

Some interested PA today.

Sell-off the open. B3 long was a good scalp as the market was fishing for the bottom and there was likely to be more profit taking. But as I don't scalp, no trade.

B11 was a potential bottom, but as I wanted to see more PA confirming that, I didn't take it.

By B14, we were in a range, after spiking down. B16 seemed a good signal long, but I didn't like buying close to the top of recent range, so no entry (in ranges, buy low, sell high). B17 was a sharp spike up, testing the open, back where we started.

Overall, interesting PA. I read the market well. Didn't make any trades as nothing quite matched my requirements. In contrast with my previous trading, I feel content making no trades, just happy watching and reading the action and sticking to my guns, ready to take only the best swing trades.


"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 2 users say Thank You to Anagami for this post:
 
(login for full post details)
  #9 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

One impatient trade, - 14. Had a hard time reading PA today for some reason.


"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 2 users say Thank You to Anagami for this post:
 
(login for full post details)
  #10 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received


1 trade today, +37 on failed BO of the day's range, trend 2-legged PB with a good RB.


"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 3 users say Thank You to Anagami for this post:
 
(login for full post details)
  #11 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

"Some things are in our control and others not. Things in our control are opinion, pursuit, desire, aversion, and, in a word, whatever are our own actions. Things not in our control are body, property, reputation, command, and, in one word, whatever are not our own actions.

The things in our control are by nature free, unrestrained, unhindered; but those not in our control are weak, slavish, restrained, belonging to others. Remember, then, that if you suppose that things which are slavish by nature are also free, and that what belongs to others is your own, then you will be hindered. You will lament, you will be disturbed, and you will find fault both with gods and men. But if you suppose that only to be your own which is your own, and what belongs to others such as it really is, then no one will ever compel you or restrain you. Further, you will find fault with no one or accuse no one. You will do nothing against your will. No one will hurt you, you will have no enemies, and you not be harmed.

Aiming therefore at such great things, remember that you must not allow yourself to be carried, even with a slight tendency, towards the attainment of lesser things. Instead, you must entirely quit some things and for the present postpone the rest. But if you would both have these great things, along with power and riches, then you will not gain even the latter, because you aim at the former too: but you will absolutely fail of the former, by which alone happiness and freedom are achieved.

Work, therefore to be able to say to every harsh appearance, "You are but an appearance, and not absolutely the thing you appear to be." And then examine it by those rules which you have, and first, and chiefly, by this: whether it concerns the things which are in our own control, or those which are not; and, if it concerns anything not in our control, be prepared to say that it is nothing to you."

- from Enchiridion by Epictetus

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 4 users say Thank You to Anagami for this post:
 
(login for full post details)
  #12 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

Very entertaining PA today. I read the market exceptionally well. No trades as nothing quite met my requirements for high prob swing entry.... though some signals came close (i.e. b3 long, b13 long...etc).


"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 3 users say Thank You to Anagami for this post:
 
(login for full post details)
  #13 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

"Remember that following desire promises the attainment of that of which you are desirous; and aversion promises the avoiding that to which you are averse. However, he who fails to obtain the object of his desire is disappointed, and he who incurs the object of his aversion wretched. If, then, you confine your aversion to those objects only which are contrary to the natural use of your faculties, which you have in your own control, you will never incur anything to which you are averse. But if you are averse to sickness, or death, or poverty, you will be wretched. Remove aversion, then, from all things that are not in our control, and transfer it to things contrary to the nature of what is in our control. But, for the present, totally suppress desire: for, if you desire any of the things which are not in your own control, you must necessarily be disappointed; and of those which are, and which it would be laudable to desire, nothing is yet in your possession. Use only the appropriate actions of pursuit and avoidance; and even these lightly, and with gentleness and reservation."

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 6 users say Thank You to Anagami for this post:
 
(login for full post details)
  #14 (permalink)
 lovetotrade 
Rockledge, FL
 
Experience: Advanced
Platform: Sierra Chart
Broker: Gain Capital, OANDA
Trading: GBP
 
lovetotrade's Avatar
 
Posts: 416 since Oct 2014
Thanks: 1,058 given, 807 received

I ran across some of your posts through another thread from early days in the forum. Must say that I truly appreciate the psychological wisdom you bring to the art of trading. A lot of what you have posted in your earlier threads are very thought provoking, and my trading has really taken a turn for the better from people like you on this forum.

Glad to see you are back! Best of luck with your trading!

Visit my futures io Trade Journal
The following 2 users say Thank You to lovetotrade for this post:
 
(login for full post details)
  #15 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received


lovetotrade View Post
I ran across some of your posts through another thread from early days in the forum. Must say that I truly appreciate the psychological wisdom you bring to the art of trading. A lot of what you have posted in your earlier threads are very thought provoking, and my trading has really taken a turn for the better from people like you on this forum.

Glad to see you are back! Best of luck with your trading!

Hi @lovetotrade

thanks for your kind and encouraging words. In truth, I am a slower learner... but if there is one thing that I grasped in the last 10 years of on and off trading it is this:

Beyond a certain technical level, trading is 100% psychology.

Today I read the following:

“The unconscious will let you have only what you think you deserve.” - from Letting Go, by Dr. David R. Hawkins

How's that for something to chew on... definitely gave me a pause. It explains so much. We are our greatest obstacles to success, in trading and otherwise.

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 5 users say Thank You to Anagami for this post:
 
(login for full post details)
  #16 (permalink)
 lovetotrade 
Rockledge, FL
 
Experience: Advanced
Platform: Sierra Chart
Broker: Gain Capital, OANDA
Trading: GBP
 
lovetotrade's Avatar
 
Posts: 416 since Oct 2014
Thanks: 1,058 given, 807 received


Anagami View Post
Hi @lovetotrade

thanks for your kind and encouraging words. In truth, I am a slower learner... but if there is one thing that I grasped in the last 10 years of on and off trading it is this:

Beyond a certain technical level, trading is 100% psychology.

Today I read the following:

“The unconscious will let you have only what you think you deserve.” - from Letting Go, by Dr. David R. Hawkins

How's that for something to chew on... definitely gave me a pause. It explains so much. We are our greatest obstacles to success, in trading and otherwise.

I'm right there with ya! And this site truly is a great resource for opening eyes to the myopic view of trading that most of us new guys have. Once again, thanks for the insight.

Visit my futures io Trade Journal
 
(login for full post details)
  #17 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

Very entertaining day.... except for piece of shit Thai Internet that kept disconnecting every 10 minutes. Nevermind the tricky PA today... had to handle the disconnects on top of that. (Moving to a nice resort in 2 weeks.)

Very tricky market today. After B9, was waiting for a good entry bar up.... instead we got a 25 tick spike up... no entry.

1 trade, -3 ticks. B16 long. It was by far the best signal today.... even looked like it was gonna take off upwards at one point.... but didn't. I got slipped horribly on the entry, but also pulled the trigger late.

When I saw the trade fail I got the hell out.... loss or no loss. I could have gotten out at +4 or so easily... but I gave it every chance to work (the potential reward was about +30 ticks).

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Attached Thumbnails
Click image for larger version

Name:	Jan 26.png
Views:	82
Size:	22.0 KB
ID:	172964  
Started this thread
The following 2 users say Thank You to Anagami for this post:
 
(login for full post details)
  #18 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

Before every game say the following: I can defend myself from my opponent, but who will defend me from myself?

Tom Wiswell

Quoted in The Education of a Speculator

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 4 users say Thank You to Anagami for this post:
 
(login for full post details)
  #19 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

Easy trading (compared to yesterday, at least!).

1 trade, +28 ticks, b6 long on double bottom wedged in strong support, on a good TB/RB with confirmation.

...but I give myself a C- for the day, as I broke my rule about entering only and exactly on a bar close. I jumped the gun about 10 seconds on the entry, and it cost me about 5 ticks. Definitely a point I can improve as I did that once last week too.


"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 2 users say Thank You to Anagami for this post:
 
(login for full post details)
  #20 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

The true art of playing is not only to make the right move at the right time, but to leave unmade the wrong move at the moment of truth.

Tom Wiswell

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 3 users say Thank You to Anagami for this post:
 
(login for full post details)
  #21 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

I'm getting tired of saying 'Interesting PA today', but I suppose that is what makes me a trader. You know the old adage about the market being like a beautiful woman, endlessly fascinating...

What creates the daily patterns is the placement of orders. It is difficult for the market to have a trend on some days, because the order 'landscape' just won't allow it....

Some fascinating and EDUCATIONAL bars today. (FOR THE RECORD, I count bars starting at 9 am as B1, B2, B3...etc.)

B6 was the beginner's wet dream. A strong breakout... quick, jump in so you don't miss out!! In fact, it was merely a price vaccuum spike to resistance and channel trendline.... with strong selling coming in when the market has reached a price that was just right to start selling at. I considered shorting on B6 close but this trade is not a part of my repertoire.

Having rejected the move up, the market was poising to move down.

B11 was not strong enough for a short start signal, but it did end up acting that way.

B12 was the most interesting bar of the open. 8 times out of 10 a good looking trend bar at the edge of a range will FAIL. It looks strong, but normally it will fail because the bottom of each range has buyers. Today it did not... only to make traders think in future trades that selling at the bottom of a range is a great strategy. Watch it next time.

And then comes B13... heck, it just went down 25 ticks... but the trend is strong!! CANNOT miss out. Easy jump in, right? Well, B14 showed that the 'trend' was a lot less urgent than the bar represented. Traders who sold B13 close did NOT see another similar big bar down before being shaken out by the 10:30 news spike. Breakouts are some of the trickiest setups to trade. Not for beginners.

That's what makes trading so interesting. Some very tricky shit, with exceptions to the norm all the time.

Oh yah, almost forgot. No trades today.

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 4 users say Thank You to Anagami for this post:
 
(login for full post details)
  #22 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

Every activity or desire will reveal that the basic goal is to achieve a certain feeling. There are no other goals than to overcome fear and achieve happiness. Emotions are connected with what we believe will ensure our survival, not with what actually will. Emotions themselves are actually the cause of the basic fear that drives everyone to seek security constantly.

From Letting Go by David R. Hawkins

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 4 users say Thank You to Anagami for this post:
 
(login for full post details)
  #23 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

I worked hard on my trading plan today. Not that I didn't have one before, but I made it much more explicit.

One of the things that I need to remind myself of was:

Remember, entries don't have to be perfect. They just have to have an edge!

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 2 users say Thank You to Anagami for this post:
 
(login for full post details)
  #24 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

Seems like I will be missing some trading as my gf is coming. I will resume posting when I am back.

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
 
(login for full post details)
  #25 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

•*Relinquishing a desire does not mean that you won’t get what you want. It merely clears the way for it to happen.

From Letting Go by Dr. David R. Hawkins

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 2 users say Thank You to Anagami for this post:
 
(login for full post details)
  #26 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

Worked a lot on my trading setup on Sunday. Entries are now 50% mechanical, and exits 100%. We will see how it will go. In the process of formalizing my second setup in a similar fashion.

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following user says Thank You to Anagami for this post:
 
(login for full post details)
  #27 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

1 perfect trade, -20.


"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following user says Thank You to Anagami for this post:
 
(login for full post details)
  #28 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

Tuesday: no signals, no trades.

Wednesday: a very strong short signal setup... at EXACTLY 10:30 Crude oil inventories time. Needlessly to say, didn't take it right at the news. The market spiked down 50 ticks in 10 seconds. I smiled.

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following user says Thank You to Anagami for this post:
 
(login for full post details)
  #29 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

Fantastic book, got it yesterday and couldn't put it down til 3 am. Packed with very useful info and ideas. New favorite.


"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following user says Thank You to Anagami for this post:
 
(login for full post details)
  #30 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

1 trade, 2 units, +21 and +5.


"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 2 users say Thank You to Anagami for this post:
 
(login for full post details)
  #31 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

Moved to a nice resort today, with better Internet than I had at my old place. I am slightly further away from the beach (3 min. vs. 1 min. walk), but trading should be more pleasant with respect to its technical aspects (no more disconnects!).

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 3 users say Thank You to Anagami for this post:
 
(login for full post details)
  #32 (permalink)
 lovetotrade 
Rockledge, FL
 
Experience: Advanced
Platform: Sierra Chart
Broker: Gain Capital, OANDA
Trading: GBP
 
lovetotrade's Avatar
 
Posts: 416 since Oct 2014
Thanks: 1,058 given, 807 received


Anagami View Post
1 perfect trade, -20.


I feel like I can see the entry was off a good bounce from the EMA, but didn't the prior price action give you a heads up that the buying was weakening and selling strengthening? Those bear bars would have made me nervous about a long there. Also the vertical move indicating momentum vs. a "nice trend, buy the pullback" kind of trade, just like the previous two moves. I do not trade CL, so I may be way off the mark but was curious

Visit my futures io Trade Journal
The following user says Thank You to lovetotrade for this post:
 
(login for full post details)
  #33 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received


lovetotrade View Post
I feel like I can see the entry was off a good bounce from the EMA, but didn't the prior price action give you a heads up that the buying was weakening and selling strengthening? Those bear bars would have made me nervous about a long there. Also the vertical move indicating momentum vs. a "nice trend, buy the pullback" kind of trade, just like the previous two moves. I do not trade CL, so I may be way off the mark but was curious

No, you are absolutely right. I was buying at the top of a range. I followed my setup without considering context. The kicker was that the signal bar wasn't even that great, bear body. Impatience on my part.

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 2 users say Thank You to Anagami for this post:
 
(login for full post details)
  #34 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

2 trades, 2 units each, +18, +18, +38, +31.
I suspect many traders were hesitant to buy after such a strong move already happened... but a fresh BO is a whole new game than just a move to range's edge.


"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 5 users say Thank You to Anagami for this post:
 
(login for full post details)
  #35 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

Had to trade early today, so I logged in at 7 pm Thai time (7 am EST).... and voila... a cute range ready for a breakout.

1 trade, 2 units, +40, +2. Too bad the runner got taken out...

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 2 users say Thank You to Anagami for this post:
 
(login for full post details)
  #36 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

My daily nourishment.

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
 
(login for full post details)
  #37 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

Strength Inside
Strong mind vs. weak mind. 3 min. talk.

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
 
(login for full post details)
  #38 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

Didn't trade all week, for various reasons.

Today: -44, +37, +37.

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following user says Thank You to Anagami for this post:
 
(login for full post details)
  #39 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

2 NQ trades, +2.5, +3.5.

I am starting to trade NQ, because it fits my trading concept better.


"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following user says Thank You to Anagami for this post:
 
(login for full post details)
  #40 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

"When you are fearful, you have chosen wrongly.... You must change your mind, not your behavior, and this is a matter of willingness. You do not need guidance expect at the mind level. Correction belongs only at the level where change is possible. Change does not mean anything at the symptom level, where it cannot work." - ACIM ('Fear and Conflict')

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following user says Thank You to Anagami for this post:
 
(login for full post details)
  #41 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

With Each and Every Breath - Free Meditation Book.
Audio Version available here.

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following user says Thank You to Anagami for this post:
 
(login for full post details)
  #42 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

Some reflection questions for today.

1. Do I have an edge? (What is it?? )
2. Do I enjoy trading?
3. Do I enjoy trading AFTER a losing trade?
4. Can I be happy long term trading?

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 4 users say Thank You to Anagami for this post:
 
(login for full post details)
  #43 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

2 trades CL, +29 and +47. Briefly, I bought at some very strong support, for 2 legs up. Rushed the exit slightly, should have waited longer for the 2nd leg failure, but the trade was Ok.


"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 4 users say Thank You to Anagami for this post:
 
(login for full post details)
  #44 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

This NQ trade didn't trigger, would have been a great scalp down to 28 after testing the BO point at 35. Wouldn't take it now even if it goes down from here, because it pulled back into the range, With-Trend. Buyers higher than 'should be', a sign of strength.


"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 2 users say Thank You to Anagami for this post:
 
(login for full post details)
  #45 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

As I may not have time to trade tonight or tomorrow, I traded during the day (night EST) today.

1 trade, right idea (sell pullback to strong resistance), but monkeyed around with the trade little too much. +3. Had I left it the way it was originally with the TP and SL orders, it would have closed with +20. Oh well. Once I decided, I should leave it as it is, come hell or high water.


"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 2 users say Thank You to Anagami for this post:
 
(login for full post details)
  #46 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

GBP/USD, +42 ticks.
CL, +40 ticks.
Also had 2 EUR/USD trades, 1 winner and 1 loser, roughly offsetting each other.



"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 3 users say Thank You to Anagami for this post:
 
(login for full post details)
  #47 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

My trading room view. Enjoy. I just love to work here.


"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 7 users say Thank You to Anagami for this post:
 
(login for full post details)
  #48 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

-1 tick trade on overnight USD/JPY trade.

After messing around since I came back, I conclude that I want to move to a higher timeframe, 12 hr. charts. I will check the market only twice a day this way, don't have to spend my life watching 5 min. charts and can put the time towards my other businesses. Also, the PA is generally a lot more clean.

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 2 users say Thank You to Anagami for this post:
 
(login for full post details)
  #49 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

Early scalp, +12.
Switched to 15 min charts on CL.... more about 12 hour charts later.

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following user says Thank You to Anagami for this post:
 
(login for full post details)
  #50 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

A week ago, I started to trade with 12 hour charts. Did not post any trades on this thread, as there was nothing 'to write home about'. A bunch of tiny losers and small winners, winning overall....... BUT I discovered I don't want to (CANNOT) trade like that. Doesn't do it for me.

Here's who I am:

Day trader
scalper
I want the same !@#$ing 10 ticks on CL over and over.
FREQUENT SMALL WINNERS. Occasional larger loser is fine.


Can the math work?
Sure, if I win often enough.

Suppose I have TP 10 ticks and SL 25 ticks.

If I win 75% of the time (DOABLE), then math is

0.75*10-0.25*25= 7.5 - 6.25 = 1.25
Profitable, but not exactly amazing.

If I win 90% of the time (HARD, but doable with selectivity), then math is
0.9*10-0.1*25= 9 - 2.5 = 6.5


I have to trade who I am.

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 3 users say Thank You to Anagami for this post:
 
(login for full post details)
  #51 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received


"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following user says Thank You to Anagami for this post:
 
(login for full post details)
  #52 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

2nd scalp today, +10.


"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following user says Thank You to Anagami for this post:
 
(login for full post details)
  #53 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received


"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 3 users say Thank You to Anagami for this post:
 
(login for full post details)
  #54 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received



Moving to Phuket in the next couple of days, not sure about my Internet situation there.... we will see how things will go and when I can resume trading.

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 2 users say Thank You to Anagami for this post:
 
(login for full post details)
  #55 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

Moved to the new place.

1 trade today, +36 ticks on NQ, PB to EMA with a strong PB failure. Exit on extreme re-test.


"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following user says Thank You to Anagami for this post:
 
(login for full post details)
  #56 (permalink)
 PandaWarrior 
In the heat
 
Experience: None
 
PandaWarrior's Avatar
 
Posts: 3,163 since Mar 2010
Thanks: 6,328 given, 13,386 received


Anagami View Post


Moving to Phuket in the next couple of days, not sure about my Internet situation there.... we will see how things will go and when I can resume trading.


I've been in Bangkok several times over the years and have found the internet to be decent there for the most part....granted I've been in high end hotels and resorts there so I suppose good internet is to be expected.....what's it like in Phuket? Any issues with getting high speed internet and what about intermittent outages. How about cost?

Simplicity is the ultimate sophistication, Leonardo da Vinci


Most people chose unhappiness over uncertainty, Tim Ferris
The following user says Thank You to PandaWarrior for this post:
 
(login for full post details)
  #57 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

In reviewing my journal since I came back, I realized my greatest need as a trader: CONSISTENCY. I tried different instruments, timeframes, trade setups...etc. Not an edge. Some of my winning trades were earned... others felt like luck.

So to hold myself responsible, I am enforcing (and declaring) my trading structure:

CL and NQ only
5 min charts only
1 setup only (PBs to EMA)

I have a 100% mechanical (and robust) way to determine a trend and how to identify a good pullback. The only discretionary part is the nitty gritty stuff of entry... what is a good entry bar, and what is not... though I do have a list of criteria for that too.

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 2 users say Thank You to Anagami for this post:
 
(login for full post details)
  #58 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received


PandaWarrior View Post
I've been in Bangkok several times over the years and have found the internet to be decent there for the most part....granted I've been in high end hotels and resorts there so I suppose good internet is to be expected.....what's it like in Phuket? Any issues with getting high speed internet and what about intermittent outages. How about cost?

Hi Brian,

so far so good in Phuket, no complains. In fact, I would say it is the nicest part of Thailand I have been to so far... and I've been almost everywhere else. Yes, it does reflect in the cost. Add 50% for rent prices here (vs. Pattaya/Bangkok). Food is about the same, can spend some money or eat cheap.

Still a fantastic bargain. I am 3 minutes away from the Karon beach, one of the best ones supposedly on the island (they didn't lie), in a nice place... paying around $650 a month in rent.

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following user says Thank You to Anagami for this post:
 
(login for full post details)
  #59 (permalink)
 PandaWarrior 
In the heat
 
Experience: None
 
PandaWarrior's Avatar
 
Posts: 3,163 since Mar 2010
Thanks: 6,328 given, 13,386 received


Anagami View Post
Hi Brian,

so far so good in Phuket, no complains. In fact, I would say it is the nicest part of Thailand I have been to so far... and I've been almost everywhere else. Yes, it does reflect in the cost. Add 50% for rent prices here (vs. Pattaya/Bangkok). Food is about the same, can spend some money or eat cheap.

Still a fantastic bargain. I am 3 minutes away from the Karon beach, one of the best ones supposedly on the island (they didn't lie), in a nice place... paying around $650 a month in rent.

Nice....when my kiddo is grown up, we might do that.....a bit hard with her in school but we love Thailand and the people there.....I've always wanted to spend some extended time there and see the beaches....

Simplicity is the ultimate sophistication, Leonardo da Vinci


Most people chose unhappiness over uncertainty, Tim Ferris
The following user says Thank You to PandaWarrior for this post:
 
(login for full post details)
  #60 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

Well, here's what I snapped on my phone when I got to the beach this morning. Look me up when you come buddy.



"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 2 users say Thank You to Anagami for this post:
 
(login for full post details)
  #61 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received


Currently reading.
Extremely useful for increasing awareness of subconscious motivation.
Though I am much more of an Eastern kind of guy (meditation...etc.), this book is a fantastic tool from the Western toolbox, showing that traditionally based psychotherapy is far from dead.

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 4 users say Thank You to Anagami for this post:
 
(login for full post details)
  #62 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

Sucks. My setup requires that the PB touches the EMA at some point. Came very close (and gave a great RB), but I didn't take it because I am following my method strictly. The market spiked down and would have reached the profit target on extreme retest virtually immediately. GRRR....


"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following user says Thank You to Anagami for this post:
 
(login for full post details)
  #63 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

New algo.

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following user says Thank You to Anagami for this post:
 
(login for full post details)
  #64 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

No trades today as nothing met my setup criteria.

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following user says Thank You to Anagami for this post:
 
(login for full post details)
  #65 (permalink)
 PandaWarrior 
In the heat
 
Experience: None
 
PandaWarrior's Avatar
 
Posts: 3,163 since Mar 2010
Thanks: 6,328 given, 13,386 received


Anagami View Post
No trades today as nothing met my setup criteria.


Simplicity is the ultimate sophistication, Leonardo da Vinci


Most people chose unhappiness over uncertainty, Tim Ferris
The following user says Thank You to PandaWarrior for this post:
 
(login for full post details)
  #66 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

Thanks Brian, no, because I take profits on the move extreme and the risk/reward profile should be better than 1 to 1... not to mention I got to my computer after these happened.

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following user says Thank You to Anagami for this post:
 
(login for full post details)
  #67 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

Probably a good time to talk a bit about my 'System A'.

1. Trend - trend identification 100% mechanical.
2. Pullback - 100% mechanical.
3. Entry - maybe 50% mechanical, weighing lot of factors.

Entry MUST be a:
- reversal or a trend bar in direction of my trade touching the EMA (this is mechanical).
- TP/SL ratio 1:1 or better.
- the chart pattern must be clear.... for instance, I don't like 3+ leg horizontal range pullbacks.... trend must still have some urgency (discretionary).
- no entry after climax or V-reversal (discretionary).

Overall, I'd say the methodology is 80% mechanical, but has important discretionary components.

The entries you showed:
#1 - I don't like the fact the market has lost urgency.... don't like range horizontal pullbacks. The PB legs are not clear... hesitation.
#2 - same reason.... though possibly somewhat better in my eyes because of the micro double top the two reversal bars formed.

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 3 users say Thank You to Anagami for this post:
 
(login for full post details)
  #68 (permalink)
 PandaWarrior 
In the heat
 
Experience: None
 
PandaWarrior's Avatar
 
Posts: 3,163 since Mar 2010
Thanks: 6,328 given, 13,386 received


Anagami View Post
Thanks Brian, no, because I take profits on the move extreme and the risk/reward profile should be better than 1 to 1... not to mention I got to my computer after these happened.

Fair enough....and it is pretty late over there....at least for me....I'm a 9:30 PM sleep person my self but i suppose if I lived on the beach in Thailand, I might sleep a bit later in the morning and stay up a bit later at night......

Simplicity is the ultimate sophistication, Leonardo da Vinci


Most people chose unhappiness over uncertainty, Tim Ferris
The following 3 users say Thank You to PandaWarrior for this post:
 
(login for full post details)
  #69 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received


PandaWarrior View Post
Fair enough....and it is pretty late over there....at least for me....I'm a 9:30 PM sleep person my self but i suppose if I lived on the beach in Thailand, I might sleep a bit later in the morning and stay up a bit later at night......

I'm exhausted by 11 pm here (11 am EST) because I really pack my days doing lot of stuff here. I enjoy things to the max, and besides trading, I run one business and trying to get another business off the ground.

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 2 users say Thank You to Anagami for this post:
 
(login for full post details)
  #70 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

Reading... Finally I got my hands on a copy of this book after looking for it for years.



I first got a tip about this book from Vic's "Education of a Speculator". He praised it as the greatest book about speculation ever written. Wasn't kidding, fantastic content.
Crucial lessons on:
1. Contrarian thinking - copper (bet against) the public's bets at all times.
2. Swichitis - what beats you is not the market / track, it is your inconsistency.
3. The Law of Ever-Changing Cycles - what worked recently is likely to stop for a while... and vice versa.

Vic has some quotes from the book posted here.

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 4 users say Thank You to Anagami for this post:
 
(login for full post details)
  #71 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

1 trade today, +18. Was watching the market since about 7. Would have been nice to have more of a price range on that, but what can you do.


"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 2 users say Thank You to Anagami for this post:
 
(login for full post details)
  #72 (permalink)
 TheShrike 
Hi Mom!
Bridgeport, Ct
 
Experience: None
Broker: Tasty
Trading: STONKS
 
TheShrike's Avatar
 
Posts: 528 since Jun 2012
Thanks: 1,575 given, 903 received


Anagami View Post
Reading... Finally I got my hands on a copy of this book after looking for it for years.



I first got a tip about this book from Vic's "Education of a Speculator". He praised it as the greatest book about speculation ever written. Wasn't kidding, fantastic content.
Crucial lessons on:
1. Contrarian thinking - copper (bet against) the public's bets at all times.
2. Swichitis - what beats you is not the market / track, it is your inconsistency.
3. The Law of Ever-Changing Cycles - what worked recently is likely to stop for a while... and vice versa.

Vic has some quotes from the book posted here.

Where were you able to get a copy? I've been looking for this book for awhile myself

The following user says Thank You to TheShrike for this post:
 
(login for full post details)
  #73 (permalink)
 PandaWarrior 
In the heat
 
Experience: None
 
PandaWarrior's Avatar
 
Posts: 3,163 since Mar 2010
Thanks: 6,328 given, 13,386 received

Was a bit unsure how far this would run but it worked out.....


Simplicity is the ultimate sophistication, Leonardo da Vinci


Most people chose unhappiness over uncertainty, Tim Ferris
The following 2 users say Thank You to PandaWarrior for this post:
 
(login for full post details)
  #74 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

Prior to the trade, I thought 44.40 on my chart was a good candidate for support (see the attachment). In any case, I do take profit on the trend extreme test. Scalping.


"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following user says Thank You to Anagami for this post:
 
(login for full post details)
  #75 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received


TheShrike View Post
Where were you able to get a copy? I've been looking for this book for awhile myself

The book magically appeared on google as a pdf recently. We owe a thanks to some guy who had a copy and finally bothered to scan it.

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 3 users say Thank You to Anagami for this post:
 
(login for full post details)
  #76 (permalink)
 TheShrike 
Hi Mom!
Bridgeport, Ct
 
Experience: None
Broker: Tasty
Trading: STONKS
 
TheShrike's Avatar
 
Posts: 528 since Jun 2012
Thanks: 1,575 given, 903 received

Gotcha. Thanks, I'll keep my eyes out for it

The following user says Thank You to TheShrike for this post:
 
(login for full post details)
  #77 (permalink)
 PandaWarrior 
In the heat
 
Experience: None
 
PandaWarrior's Avatar
 
Posts: 3,163 since Mar 2010
Thanks: 6,328 given, 13,386 received

Picked it up...it was the first link on google...nice thanks for the heads up.

Simplicity is the ultimate sophistication, Leonardo da Vinci


Most people chose unhappiness over uncertainty, Tim Ferris
The following 2 users say Thank You to PandaWarrior for this post:
 
(login for full post details)
  #78 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received


PandaWarrior View Post
Picked it up...it was the first link on google...nice thanks for the heads up.

Yup, you're welcome. I've been googling the book for years, to my amazement it popped up just this month.

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following user says Thank You to Anagami for this post:
 
(login for full post details)
  #79 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

Pullback or reversal... that is the question.
You can't tell with 100% confidence, but there are signs.
I was watching the market earlier. There was a 2-legged PB to EMA...
Things to consider:
- it came late in the move
- price dipped below significant support and then bounced above it
- first reversal bar at EMA was very weak
- second bar tested support and didn't like it
Lot of signs that what was forming was a higher low, a reversal, or a transition into range... not a PB.


"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 3 users say Thank You to Anagami for this post:
 
(login for full post details)
  #80 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

No trades today as my setup did not materialize.... and it will be my bedtime soon.

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following user says Thank You to Anagami for this post:
 
(login for full post details)
  #81 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

Today I reflected on 'switchitis', not just in my trading but life as a whole... a crucial concept.

Vic has produced the trading version. Enjoy.


"Some amateur traders carry inconsistency to such a degree that they demand consistency from the market, while at the same time being utterly inconsistent in their methods of trading. It's not the markets that beat these traders - it's the switches!

Trading is simple. Everything about the game is logical and common sense and elementary. You don't need a whole staff of PhDs. All the figuring and the mathematics and the mechanics of trading can be understood by a child in junior-high school. But the game is decked out in an endless number of minor contradictions and open switches and deadfall traps, in order to lure the average trader into doing everything wrong.

If the average trader kept out of all these switches and traps, then the powers-that-be would have to make the markets far more complicated in order to insure the fact that the majority of traders continue to lose and thus continue to furnish money to keep up the market.

The amateurs who trade so carelessly and who fall into all the wrong switches, do not stop to consider the percentages of their rightful losses. When an amateur goes to the market and loses nine days or months in a row and loses all his capital, he has lost many times what the percentage calls for. He has no right to lose so much. It's almost as if he did it on purpose!

Look at the percentages. For example, suppose the stock market goes up an average of 5% per year. If so, a blind play on January 1st, or February 6th, or any mechanically designated day and holding for a year, will give 5% per year, over a period of time.

The amateur trader makes every possible wrong move and gets caught in every wrong switch. Thus the careless trader loses from 33% to 100% of total trading capital over a period of time, instead of earning from 5% and more per year on the money put in the market.

The amateur goes long only to have the stock turn south. He goes short and the stock stands still. He goes short a straddle only to have the stock start swinging violently and then sink down. Then when he switches back to short the stock runs up ten percent.

This situation gives a rough idea of why some system promoters claim - and rightly - that for the average trader, any system is better than no system at all! At least the system, no matter how bad it is, keeps him out of the switches.

But, of course, we are not studying here to play any senseless systems or methods. We want to play the smartest angles and plans of the "insiders" and the professionals. And it should be clear to straight thinking readers that what the professionals win is the difference between the amateurs actual losses of from 33% to 100% of betting capital and what the markets move up over time, minus commissions.

The professionals, including the hedge fund managers who make good from putting a stake available to other peoples trading, can win no more than this margin. The market gives its 5% first (for example) and then the balance of what the amateurs lose is cut up among the professionals. Once a student of trading learns to view the whole picture of trading operations as a picture of percentages, all these facts of life become clear.

As noted, it's the switches and not the markets that beat the amateur trader. A whole volume of books could not record all the possible switches that the amateurs can get themselves into. But here are a few that the professionals take good care to avoid:

First there is the switch of position: The professional trades long, only, because there is the least unfavourable percentage against a long position due to long term positive market drift. He never goes short; that keeps him out of the amateur's position switches.

Besides sticking to long positions only, the professional always makes trades of even amounts. He isn't like the amateur who lets greed or fear change the size of his trades. The beginner plunges on a trend that suddenly turns, then puts on a light trade on a contrarian situation that does turn around. He keeps switching amounts and positions so that he never has a worthwhile trade on when the market goes his way. He is always one day behind the direction of a stock and several days behind the rhythm of the market.

The professional trader gauges his capital so that he has a planned series of trades of even amounts. If he is a big winner at the end of one month and feels that the next month will be good, he plans for a series of slightly larger trades for the entire next month. If he is not too pleased about the outlook for the next month, he plans on using a smaller scale of even trades for the whole month.

The amateur never does anything right when it comes to the handling of trading capital. He trades heavily when he has just gotten his bonus or the fund he's managing gets new inflow, which if it is in spring is the poorest time of the year for the amateur's corny method of picking the trending favourites. Then in the summer he trades heavily again on the type of contrarian setups that he should have traded in the spring, but summer is usually more serially correlated, so he loses.

In late summer the trader feels the pinch in the bankroll department. He trades lightly. By early fall he has used up most of his trading capital, so he can only make one trade. It is a stab on pyramiding a three week move that loses when the Fed chief blocks the move and the market crashes in the end of the third week when the first two weeks were up. Then when winter comes he has no money with which to trade, even if a terrific setup for a trade presents itself.

One of the worst (and most common) switches of all is to change methods of trade selection without giving the first method a fair chance to win. That is one of the switches that the professionals avoid by doing a statistical workout of their methods before actual trading, so that they know just what to expect. Amateurs switch from one method, one news story, one hunch, one angle, one stock, or one type of market to another, without reason.

The first wrong switch breeds a fear of wrong switches, which automatically puts the trader into an endless chain of unfortunate decisions. For example, the amateur starts trading bearishly based on some reports of terrorists threats or the negative outlook for the dollar. But he changes to long positions based on the good earnings reports, just before the market tumbles in a fine losing streak. He is afraid, at first, of getting caught in another switch, so he dares not jump right back to shorts based on that Roach is coming out with a gloomy view. He sticks to the fact that consumer sentiment continues to rise. But the markets continue to go down while all his news stories are bullish. Finally he can't stand it any more, so he goes back to short because the President is losing trust among the voters or because some species somewhere caught a virus. Yes, he goes back, just in time to run into the long overdue streak of up days.

But there is now use kidding: The professionals keep out of switches by waiting for the sound trades with a positive expectancy. They don't take bad trades at any end of the trading week. They don't take bad trades - period!

Everybody knows that there is no better sport or entertainment than taking family or list members to the market for a day's fun. Everybody eats and drinks from the meals for a lifetime and laughs and hollers. Everybody in the party makes crazy statements as basis for trades, such as "It's like 87 again", "May is down a lot just like in 2000, better sell it all" or "It's inverted, the market always goes down when it's inverted", or "Everybody's long, is there a psychological disjoint", and then shrieks "I was right all along" as the market breaks down the last 15 day stretch. That's some fun! But it's fun only. It's not professional play.

The Professionals always remember that it's not the markets that beats the trader - it's the switches."

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 13 users say Thank You to Anagami for this post:
 
(login for full post details)
  #82 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received


"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following user says Thank You to Anagami for this post:
 
(login for full post details)
  #83 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

The logical follow-up on my post about switchitis is to ask: what is a justified change? ... or rather WHEN is a change justified? (in trading? in a relationship? in focus? in routine? in a career?....etc.)

There's a notion of 'fair trial' and 'giving things a chance'. Give an exercise program 1 month? Give a relationship 6 months? Give trading 6 years? We have VERY limited time, and that is more true the older you get.

At the other end of the spectrum is stupid persistence, anti-swichitis, the inability to recognize that there are walls that simply CANNOT be broken through or scaled... At what point do our efforts become stupid persistence?

I feel it is good to be aware of both extremes, switchitis and stupid persistence. The optimum is likely the middle path between the two.

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 5 users say Thank You to Anagami for this post:
 
(login for full post details)
  #84 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

3rd day without a trade... as nothing met my requirements. How's that for non-switchitis?

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 2 users say Thank You to Anagami for this post:
 
(login for full post details)
  #85 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

Couple of issues...

1. I had some serious connection problems Friday. The coconut Internet here has been, to put it mildly, atrocious. Trading is tough enough.... without having to worry about disconnects every 5 minutes. I suppose once I settle down somewhere permanently (still travelling around looking for the best place), I obviously have to get my own connection, instead of using the hotel's. And that will be a while.

2. Not happy trading my setup, taking only 1 or 2 trades a week. Big part of that is perhaps that I have been ignoring meditation... when you don't take care of your mind, it acts up. I feel that both, the technical and the psychological aspects of my trading, need to be improved.

In any case, my last post for a while. Peace out.

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 3 users say Thank You to Anagami for this post:
 
(login for full post details)
  #86 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

Back a lot faster than I supposed.
I thought about my trading a lot over the weekend. Given the complete unreliability of the internet here, my only real option is 'set it and forget it' trading.
There are only 3 types of trades: breakouts, pullbacks, and reversals. Can't really trade pullbacks the 'set it and forget it' way... and as I never really liked trading reversals, my only option is breakouts.
As lot of breakouts fail, the wins have to be larger than losses when they do work out.
My trade parameters here are 25 SL, 50 TP.
Will this range straddle work?
I don't know. But as my wins are twice as big than the losses. the BE point is 33% success. We will see.


"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 3 users say Thank You to Anagami for this post:
 
(login for full post details)
  #87 (permalink)
 PandaWarrior 
In the heat
 
Experience: None
 
PandaWarrior's Avatar
 
Posts: 3,163 since Mar 2010
Thanks: 6,328 given, 13,386 received


Anagami View Post
Back a lot faster than I supposed.
I thought about my trading a lot over the weekend. Given the complete unreliability of the internet here, my only real option is 'set it and forget it' trading.
There are only 3 types of trades: breakouts, pullbacks, and reversals. Can't really trade pullbacks the 'set it and forget it' way... and as I never really liked trading reversals, my only option is breakouts.
As lot of breakouts fail, the wins have to be larger than losses when they do work out.
My trade parameters here are 25 SL, 50 TP.
Will this range straddle work?
I don't know. But as my wins are twice as big than the losses. the BE point is 33% success. We will see.


Variations on a theme:

1. Fade the head fake that is counter trend....ie the trap before the trend continues....

2. Wait for a compression area.....example, an inside high and low....a lower high and a higher low....trade the break out with trend.....

3. Trade the opposite of #2 as a reversal pattern.

All three work....choose your poison so to speak.

FYI, 50 tick targets work pretty well, if you can hold it that long.... as you know, some days its 2-3 seconds most days its 20-30 minutes or more. Usually more.

Simplicity is the ultimate sophistication, Leonardo da Vinci


Most people chose unhappiness over uncertainty, Tim Ferris
The following 3 users say Thank You to PandaWarrior for this post:
 
(login for full post details)
  #88 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received


PandaWarrior View Post
Variations on a theme:

1. Fade the head fake that is counter trend....ie the trap before the trend continues....

2. Wait for a compression area.....example, an inside high and low....a lower high and a higher low....trade the break out with trend.....

3. Trade the opposite of #2 as a reversal pattern.

All three work....choose your poison so to speak.

FYI, 50 tick targets work pretty well, if you can hold it that long.... as you know, some days its 2-3 seconds most days its 20-30 minutes or more. Usually more.

Thanks Brian. All good ideas.

It's a lot easier to hold when I'm not around. That is the power of 'set it and forget it'.

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following user says Thank You to Anagami for this post:
 
(login for full post details)
  #89 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

Set it and forget it BO trade #1. -25. It took SEVEN hours to reach the SL point. Seriously?

The connection is so bad here, I can't even attach a screenshot... but you can see my entry long in a previous post.

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 3 users say Thank You to Anagami for this post:
 
(login for full post details)
  #90 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

+46. Watching the market earlier finally paid off.
SL and TP adjusted to 23 and 46 respectively.


"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following user says Thank You to Anagami for this post:
 
(login for full post details)
  #91 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

Reading at the moment. Maybe the best book on volume analysis combined with price action?

Surprising.

(Disclaimer: I am NOT the author and do not get anything from the sale of this book.)


"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 3 users say Thank You to Anagami for this post:
 
(login for full post details)
  #92 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

No trades last night, as I had more connection problems and nothing met my criteria.

My criteria have now become almost completely mechanical. This means that for forward test trading, I don't have to sit around the computer. I can check at the end of the day if any trade would have been made. So that is what I'm doing.

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following user says Thank You to Anagami for this post:
 
(login for full post details)
  #93 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

System trade, +46.

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following user says Thank You to Anagami for this post:
 
(login for full post details)
  #94 (permalink)
 Anagami 
Market Wizard
Cancun, Mexico
 
Experience: Advanced
Trading: NYSE Stocks
 
Anagami's Avatar
 
Posts: 871 since Dec 2010
Thanks: 609 given, 1,963 received

My trading is now 99% mechanical (with slight leeway on the entry) and 100% mechanical exits. I LIKE IT THAT WAY. 1% discretion is more than enough for me, as it is consistency that I am after.

As such I don't see how posting the trade results would enrich the readers of this thread, or in fact myself or my own trading.

I thank everyone for reading and occasional posts, particularly @PandaWarrior .

Happy Trading! See you on the beach!

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Started this thread
The following 4 users say Thank You to Anagami for this post:

Closed Thread

futures io Trading Community Trading Journals > Anagami's Comeback: A Journal


Last Updated on March 27, 2015


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing

NEW BlackBird Features + FOREX Support w/Jeremy Tang @ SharkIndicators

Elite only
 

Our 12-year anniversary w/ $$,$$$ prizes (check soon)

June
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada), info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts