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On a personal note I've been live for a while now. So here is the update. My equity curve is pointing in the right direction, and my live stats are encouraging. I haven't traded this week due to the volatility - I simply don't have the flexibility in position sizing to absorb the greater stop...

I haven't updated this journal for a while, but it seems a shame to shut up shop because of the actions of others. At any rate I came across another brilliant article on nautilus about ego and why we fail to see the world as it is. This lens effect explains a lot imo - in terms of mentors, the...

We can be knowledgable with other men's knowledge but we cannot be wise with other men's wisdom. - The OraCLE

Came across this article on a Golf website, It goes on about how difficult it is to change neural pathways in the brain in order to make a simple change to the golf swing. Neural Pathways The guy in the video has a bike which has been engineered to reverse the steering, so left is now right...

I'm posting this here for future reference. I've been going through @KDASFTG's posts and there are some brilliant words of wisdom contained within his 'missives' Particularly with regards to achieving MD's mindset of thinking in probabilities. I hope I haven't come across as being...

Always happens when you take the day off doesn't it ;)

What after all the work I put into getting this one up to speed? ;) I felt comfortable with my decision not to trade but it is frustrating... I think there is a difference between passion and addiction. If I was addicted I would have been throwing orders at the market. Whereas I was focusing on...

This is good - guess which idiot took Friday off :) No update this week. See the above post for my thoughts. Toughest thing for me this week was fighting the urge to modify my Trade Plan and mess with it. Glad I didn't. Focussed on backtesting. I hate markets like this so I stayed away. Hope...

First cause is always mental - KDASFTG

:) You want more loving from Aussies? From the Australian perspective, the FTA we signed with America was the closest thing to being screwed with your pants on that we've ever experienced as a country.... I'm not here to argue or troll your legitimate grip. I'd be pissed if I were in your...

Let's not get into an argument about the geopolitical realities that drive Australian foreign policy...... ASIC shut down Pepperstone - an AUSSIE FX broker - operating in Japan due to the same issue. Good governance isn't something to bemoan. If we'd have had a bit more of it out of America...

wow. just... wow.

This is like groundhog day.... The best I can say is that I've followed my plan this week. It has done its job and kept me out of this crappy market. Yes there have been trades but they've fallen out of the times I trade, failed to meet my criteria etc. I can look back at the market this week...

I decided to split that post in two as this is a bit of a confessional and I need to post all of my thoughts.... Any poor bugger unfortunate enough to read these posts I do apologise. It's Friday.... ================================================ There has been a steady progression of...

I'm done for the day but I wanted to update the thread with progress this week. Then I'll post what changes I've made recently to my plan... Win rate has improved this week - up to 75%. Trades per day and MAE have fallen significantly. The biggest change is removing the 5pt take profit for...

Excellent. I'll have a look now. I used to get that bleeding eye feeling after spec'ing up project documentation. Not nice. Being an Aussie I always found alcohol to help.... ;) As always a big thanks for making such quality resources available.

One more update - a lot going on behind the scenes this week. Really feel like I've cemented this new mindset. I've been able to bring my mind back into that neutral observational mode when I have felt it slipping. I took the advice from the video @Gringo pointed me to regarding habits and...

BTW - thanks for the link to the video @Gringo - for the last few days I've been muttering "AWESOME!" at random moments - My wife thinks I'm a basket case!

True. The question is how do you teach someone to make a shift such as this on a practical level...? My wife told me to quit smoking for years. But it was only when I was ready to do so that I made the commitment to quit. Anyway - second day's the charm. I was able to sustain that mindset...

Over the weekend I finished reading @Hooti's journal from last year and I was really impressed with his(?) approach to the mental aspects of what we are doing here. It helped solidify a few things that had been bumbling around in the subconscious for a while. Particularly with regards to the...