Search results

Or, you could find tools that will help you acknowledge that thought and let it go when you are in the trade -- no need to dissect it later. Try to understand what Redneck meant by bias in a broader context -- closing a trade due to recognizing presence of emotion is also a bias! Look at it this...

And the Old cat said, "Those who know don't talk, and those who talk don't know"*. And you want me to talk more? :) * From "Mysterious Skills of the Cat" by Issai Chozan (1727) Regards, Monoid.

Interesting discussion. One should not confuse a self-organizing complex system (like the markets) with a Random process. Markets are not random, as you claim @surf, but are self-organizing complex systems. If you are interested in learning about complex systems as applied to markets read...

Trend is a definition, based on price action or a derivative of price action, that you create to align yourself with the market. Since a trend is a definition, it is a tautology; hence, it is certain! All the best. Regards, Monoid.

Profound. Rooting for you. All the best. Regards, Monoid.

@stephane: When all you have seen are white swans in your life, you tend to think all swans are white. But there do exist black swans! Likewise, when all you know is to define trend by way of time-frames, then you think that is the only way to do it; otherwise, you would not have said cannot...

Yukoner: If this is the kind of thought process you have during trading (which an example of "Discursive Thought"), you do not practice mindfulness. You are just fooling yourself into thinking that you (a) understand mindfulness; and, (b) practice mindfulness. Sorry if I came out harsh -- but...

Wow! Nice to see you write this point. Took me more than three years and a few blowups to realize it -- so, as you can see I am definitely a dull-wit! What I did was to take a PA context and filtered out all the "unreliable" signals - a long and laborious manual process. The resulting set is...

Hello Yukoner: I read your post from yesterday with astonishment. I am sorry your thoughts and behavior got better of you when you should have been Not-Thinking. At that time, I wasn't still sure if you had a complete trading system. But you addressed that point in today's post in reply to...

Hello Yukoner: I want to bring focus back to your quote on widgets as a lead off to my question. @Redneck, has addressed this every point, but I take a little bit larger view. I think one should differentiate between the widget itself, and the process of making the widget. PnL is a valid...

Hello Yukoner: I have been following your thread for a few days, and there seem to be one reoccurring theme in your journal which many of the more experienced traders who are helping you are yet to point out (or may be they did point it out, and I did not pay attention to their comments; if so...