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Honestly, I hope I never lose the emotion. Controlled yes, lost, never. I think its the emotion that keeps us going. Its what lets us know we are not doing something right. Emotion is the seed of victory. Without it, I wouldn't care about anything. Without it, I'd never feel that sweet taste of victory nor the agony of defeat. Playing with emotion is important, but the most important aspect is playing with controlled emotion. That feeling of intensity that comes over you when you are in the zone. I've felt it both in trading and in other pursuits.....I long for that emotion to be my daily companion.
Simplicity is the ultimate sophistication, Leonardo da Vinci
Most people chose unhappiness over uncertainty, Tim Ferris
lol... of course your right, AZ. For me, controlled emotion IS no emotion!! ha! ha!! That's about as close
as I get.. I just don't ever want to blow up again.
I think you and I are both artists, in a way. Emotions are simply in our blood. We just need to control
and channel constructively.
Well maybe the cussing didn't work but the work to build a mechanical system based on what I know about trading sure did....at least for today anyway.
Today was a nice day, I just waited for the signals. I was not so great on the execution but good enough. I finished +29 ticks. I did not take every signal that appeared. I should have, they were near perfect today.
The attached chart says it all.
After I finish this up and take care of a couple housekeeping items, gonna go live my life today. That means washing the car today. I'm actually looking forward to it.
Simplicity is the ultimate sophistication, Leonardo da Vinci
Most people chose unhappiness over uncertainty, Tim Ferris
So after yesterday, I was feeling halfway confident in my method. It's just a matter of waiting....after all I get paid to wait.
Today I could not wait. The early rotations left me behind each time with no real entry signal. So I chased. And paid for it.
So I waited some and chased again. This is not good.
Actually I did not have a single winner today. All losers. I hit my daily stop and thats the only thing I did right. Quitting for the day.
My trading buddy asked me if there was no signals or perhaps I didn't see them....or maybe the method sucks....
So I went back and looked, the early session had no real signals.....so should not have traded at all. Then I started getting signals again but was getting in to late, stop to tight, you name it, I did it all wrong today.
So the $64,000 question is this. Can I get it right? Can I be patient enough to wait, can I be decisive enough to take the correct trades, and can I be strong enough to exercise the correct stop placement and money management?
The answer is yes. I had a light bulb moment today. I just finished watching Floored. Very sobering. What happens to people that do not get it right. I guess the knowledge has always been there, but the emotion of it had escaped me. The emotion settled in today. If I am to make a career out of this, I must be patient. I must be decisive and I must exercise proper money management. Otherwise, just pack it up and go flip burgers.
No one cares if I make it or not except my family and perhaps a few friends. But my family, they are trusting me to bring home the bacon. Like the floor trader said, "I am the manager of my family's hedge fund", small though it may be. I best not screw it up.
I may not trade tomorrow or the next day. I am seriously considering just watching and marking the chart for trades. My trading buddy passed some advice on to me someone had once given him.....stop trading, review charts, mark winners and losers, watch live trading and instill some confidence back in myself and method.
Honestly, I have seen my method show excellent trades now for many days in a row. The problem is not the method. Its me. I can't seem to control the need to be in a trade. Funny, I used to have the opposite problem.
So as I write this, I am determined to overcome this issue. I will be patient. I will be disciplined. I will take every signal that comes but only signals. I will not manufacture a trade ever again. This ends today and the beginning of a new me starts today. I will be successful. I will not let my personal weakness rule me. Instead, I am the ruler of my emotions and I will be successful......all of this with the help of my God of course. No need to do it on my own.
So starting tomorrow, I will post charts every day. Accountability is what I need. I will answer not to the readers but to myself. The good the bad and the ugly.
Simplicity is the ultimate sophistication, Leonardo da Vinci
Most people chose unhappiness over uncertainty, Tim Ferris
This is the way Lance Beggs (author of the YTC course) describes how to use disgust:
Disgust
There is, in my opinion, no greater motivator than disgust. Absolute disgust at my job will keep me working towards trading success. Absolute disgust at my previous undisciplined attempts to trade will have me moving forward in a more disciplined and businesslike manner.
What is it that you‟re disgusted with? What is it that you wish to never experience again? What is it that has you saying, “No More! Never Again! Enough is Enough! It‟s Time to Change!”?
I suggest taking a few minutes and think through the last paragraph and then write down what it is you find disgusting about your trading performance that you will change. Then determine how you will change it. One item that I did to prevent playing (and losing at) gaps was to switch to an instrument that really, for all practical purposes, has no gaps.
Taking a couple of days off is great, remove the pressure and clear your head. The market will there when you are ready.
Papa15
Thank you Papa15. I love Jim Rohn. I've read that article before on that website. But it was a long time ago. Thank you for bringing it back to me at this point in my life.
Simplicity is the ultimate sophistication, Leonardo da Vinci
Most people chose unhappiness over uncertainty, Tim Ferris
if your method works, it will still works in 2 days probably... but to trade without a clear mind is not a good choise. I decided to quit a couple of days too, so that i did not log in my trading account and just watched the market to get my mind clearer on a couple of things
Just keep believing in yourself and your system and you will get over this , we go through all this questioning everyday and we need to stay strong to be able to reach the zone one day , stay strong , your jouney is ours too
"Risk more than others think safe.
Dream more than others think practical.
Expect more than others think possible.
Care more than others think wise"
For me, controlled emotion IS no emotion!! ha! ha!! That's about as close 
