Recent content by damnpenguins

Stick to the DAMN process.... Every. Damn. Time

Holy Shit RN - You're back!!!!! Been years - hope your doing well!!!!!

The market always tells you what to do. It tells you: Get in. Get out. Move your stop. Close out. Stay neutral. Wait for a better chance. All these things the market is continually impressing upon you, and you must get into the frame of mind where you are in reality taking your orders from the...

Volpri - thankyou... Quite simply one of the best posts I have ever read on ET on Trader Psychology....

Building on VolPri and Maxingers excellent posts from early on... A few book suggestions - "Nothing" 2d ed by Jim Sloman - for me was an incredibly insightful summation of the MIND and how to transcend the incessant chatter we all have. This chatter and your associating with it leads to...

A lot of good responses here and in truth you need to find your own specific answers / triggers... As another person mentioned, you are in a great position if you have the ability to generate profits when on your A-game... Maybe you need to focus more on your B or even C-game... Those actions...

I'm a Mark Douglas devotee so I'll recommend Trading in the Zone. Nothing 2nd ed by Jim Sloman is priceless. YMMV

The aha that got me over the line to profitability was PROCESS Repeating the same process over a series of trades will make me money. Rinse and Repeat. With the right mindset you can trade any system. But with the wrong mindset the best system wont yield the results you are after. Following...

I missed your reply mate, apologies for the lateness of this response. Do books help? Unless you are lucky enough to have a mentor with the right skills, experience and willingness to help, I don't see where else you would get the information. Books, articles, lectures are all tools. Take what...

TBH - I'm not a fan of the changes that Evans made after Wyckoff died - ie Jump the Creek etc. I keep it really simple. The original course gave me everything I needed. I still remember the first time I read section 7. I was in awe of someone who could read the chart the way that he did...

Hey there easymon1, DB was referring to Section 7 of Wyckoff's course. Plenty of PDF's available online, not sure if I can upload it here for copyright purposes etc...

This is a great question. Answer it honestly. If not, is your trade process defined to the point where you can see in review where your large acc trading diverges from the small? Having a comprehensive, well defined process does essentially the same thing as automating the system, but it allows...

Self Awareness is key. Even the BSD's here at Elite who deride the mental aspects of trading as worthless work from within that framework, they're simply too arrogant / confident / egotistical to admit or even see it. Like Bouffant said above.... Psych Books are great. Both Tendler and...

This reminds me of that old joke about economists. If you put 10 economists in a room, you'll get 11 opinions... Everyone will give you an answer based on what works for them. So find what works for you. You are the person behind the trade; pulling the trigger, therefore your solution to the...

Post rock - instrumental. https://www.youtube.com/channel/UC-wdveKCDbbjK0_rzR2XhVA I live on this channel through RTH ;) Stuff like these guys...