無 ＺＥＮ Trading
|November 23rd, 2016, 01:25 AM||#1 (permalink)|
Trading for Fun
San Diego California
Futures Experience: Beginner
Favorite Futures: NQ
Posts: 50 since Oct 2015
Thanks: 5 given, 25 received
無 ＺＥＮ Trading
This journal is going to be focused on intraday trading. Simply making myself "available" to seize whatever the market offers me.
My main focus of this thread is to start a systematic approach to trading in which I try to remain Zen-like when it comes to trading. Over the years, I've acquired my own edge to pinpoint key levels in the market in which more often than not, tends to work out.(Usually ends up being the best trades for the day) However weaknesses such as impatience, or fear/greed, etc tends to cause my own destruction. I still have yet to overcome this wall, but when I do...I believe I will finally make it to the next level of Consistency.
About 3 years after I first started trading, I thought I was going to become the next market wizard. Especially 2011, I pinpointed almost every move and made more money than most college kids could think of.....but little did I know that market's don't always act like that and was extremely humbled in a low volatile environment like 2013.
Now why did I mention that? It's because during 2011 when I felt God-like...I picked up "Trading in the Zone" and my review was, " As for me, I don't have any fear in trading and wanted to learn more about the psychology of trading, holding on to positions, etc.....but its mainly on the initial act for traders who don't have any balls....
To traders that have balls and have been trading successfully, stay away."
How cocky I was..... and how humbling the markets have made me. It was only recently in which I've had great market analysis, but started to have a psychological gap(biggest losing streak in years), did I start re-reading "Trading in the Zone." Now just like when I was a chart virgin and couldn't understand the squiggly lines on it, I finally started to understand what this book really meant.
Anyways, I am creating this journal for myself to remain disciplined to the "Trading in the Zone" approach and philosophy.
To remain in a neutral calm state of mind(Zen) with a winning attitude(Pete Caroll from Seahawks) and the patience of Tokugawa Ieyasu.
Last edited by emptymind; November 23rd, 2016 at 01:34 AM.