Search results

Trader's biggest challenge / obstacle is their self Quicker one acknowledges..., then accepts that - quicker real growth & improvement begin And although that challenge / obstacle can certainly be significantly reduced - it never totally evaporates - no matter how proficient the trader...

Ambiguity stems from not having a defined trade plan before going into each trade RN

SML Sitting here watching the Olympics..., came across your thread..., figured I'd submit my random thoughts for possibly something to mull over Ignore em if it makes more sense Diagonally..., horizontally..., or both When fixin to enter a trade - make damn sure you know / identify which...

When not to trade? When I'm sick..., on vacation..., mentally lethargic / not completely engaged Mkt not providing exploitable opportunity These are non negotiable RN

Quintessential discretionary trading RN

Both unabashedly plagiarized daily RN Lord, I ask for strength, courage, and guidance to again engage the risks and obstacles ahead of me this day. I ask that you guide my hands as I ply my chosen craft towards mastery of my trading skill. I ask for patience, persistence, and vision to...

Nope. on both accounts Successful journey RN

Is TA broken due to Fed? For the last decade TA has been created..., due in large part..., by the FED Thinking it broke - is falling victim to the human-ness that plagues most traders mkt should be doing this - but it ain't makes no sense why the mkt is doing this - I'm going opposite economy...

Cool..., defend away -> but I thought (interpreted your original post) to say you were moving past algo trading and over to manual trading Nevertheless All the back testing in the world WILL NEVER transfer consistently to what will / is going to happen = No edge Unless one is trying to...

Yeah..., insider information (illegal)..., and pockets deep enough to influence price / hold simultaneous long / short (outright or otherwise) in same instrument Neither viable for the independent trader RN

LOL Don't wear sandals - but have welded while wearing shorts / tennis shoes Bad idea RN

I actually have a set of these my Better Half made for me :thumbsup: RN

defining "edge" with discretionary trading Before addressing this crap... Next month will be a year ===================== There three stages to manual trading.., each built upon / supported by its predecessor Mechanical Discretionary Intuitive Without a foundation built upon...

It amazing the depth..., and intensity of frustration learning to be a trader entails I've slapped my self - in frustration - hard enough to draw blood - more than once (and for the record - it doesn't work - no need to try it) Yeah Ya do - memories..., born from actions we each found...

Some of dis Some of dat *(although "losing" is now assimilated into my normal / every day trading) A whole lotta extracting my head outta my ass..., and getting over myself / outta my own way All in a day's work necessary to achieve a goal RN

Add some insult to injury - may as well No patience No discipline No methodology No rules No process Not reading price / the chart correctly Not creating proper context Not trading within said context Not deciphering the PA leading to the FBO Not trading what the mkt is giving / the environment...

Am I my own worst enemy? One should never be remiss in asking WHY Then of course resolving the why =================== Believe it or not..., these are all born/ emanate from the same Cure one..., cure em all - and some others RN

Painful Market Lessons Lessons are Lessons - painful..., beneficial.., or otherwise - is solely in the mind of the beholder RN

Without sounding overly critical - there a whole lot wrong here These questions I pose.., are food for thought.., not looking for you to provide a response to me Trading a BO - in relation to what - a continuation..., or reversal How do you determine if the S.., or R is real (meaning it...

Okay 3 yrs - all in a bull mkt No discipline..., no trade risk management skills As to the 50/50 balance - two sided (diametrically opposed) responses 1.) it not necessary - and one should still be able to successfully trade 2.) otoh - nothing father from what can (and should) be Need to...