Search results

WOW. Great thread man. Sorry, I was actually asking TD. He was mentioning Oil, Gold, Silver, Pig Bellies... ;) Well if it takes most 2 losses before CHOP is recognized, then it takes me 8. I'm working on that though. LOL

Yeah. I should have stayed out at CHOP. Learning to recognize in RT. How do you watch so many markets? I can barely understand one...:confused:

thanks jas. Been reading your journal. Good stuff. And great job. It ranged for most of the day, and I didn't realize until far too late. Yes taking PB entries. And you're right, I might be "anticipating" instead in of participating in the trend.

Issues/Thoughts I had to stop trading today around 1400. I noticed a huge issue with myself and needed to talk to my mentor. I came into today with a plan. Executed well--nevermind, not so much. The logistics of trading this signal will come later. Trades reviewed later. Onto the issue. For...

I think this is a great idea. The HA bars do really help. What settings? Avg over past 6 bars or what?

Thanks TD. I agree. HA bars are great. If anything, I'd use them to keep me in some nice trend plays. I don't know about intraday range/BO PBs or reversals because you often have to enter when the bar is the wrong color! For now, my goal is a single set-up, executed with great consistency, and...

Thanks RN. Will do. Got the routine, making a plan for each trade, and coffee. Gotta have coffee. Head screwed on straight. A little douglas before the open.

Thanks slug. Using 1 min helped me with low risk. However, it also contributed to my crack addiction with trading. Lol. I do hear what you are saying though. Losses--small,contained--are part of this biz. Accept it. Thanks J

Chart prep

11/3/2014 PREP. Price made an enormous climb pre mkt friday 10/31. Current trend is still up on daily, however price has "almost" reached the upper channel extreme. After pre mkt climb on friday, price ranged in a 20 pt range all day, slipping through the top to quickly make a new high for...

Not pissed off. Only seeking to understand you.Thanks for assuming the later. I'll have trade plans for each including those three points. I'll journal everything you mentioned. Thanks for the "warm" welcome

Yes please bathe your pets. :) I'm going to view your words as pragmatic. If you've got to be a hard-ass because the market's a hard-ass...then I'll toughen up a little. I understand. That longer range to-do is continually being worked on. Even today. Douglas book is helping a great deal in...

And I HIGHLY value your "dumbass" perspective...

RN! AHH. You have this uncanny ability to encourage me with amazing direction. You give advice to people--like me--in a way that demands they put in the effort. You are a great person, even though we just met here. I am on my journey to appreciating that price is price. That journey is the...

Thanks SD. I've been taking time to work on some issues and fears. Defining a single signal/set-up to master is the path I'm on right now. Good luck with your backtesting, let me know how it goes. I wish you the best of luck too!

Thanks SD! It means a lot to me that you are encouraging me and showing me some other options. Tuition money....I specifically set money aside to learn with. But I don't want to lose it. I want to learn and grow, and grow it. My harvard education continues to be financed by my rich daddy. :D...

Hey slugar I've been looking and learning but what are your zones? Kind of like a gap needing filled?

I'm doing what you outlined. "1.) Journal what you've been going through - separate out each issue - work to identify the root cause - then fix it 2.) Create a simple.., concise methodology / approach (1 set up only) 3.) Get back on sim (no since pissing money away) 4.) Trade that 1 set up...

I'm obviously confused... Price doesn't have to respect lines. I know. What's confusing me, is that if price is in a channel, and has been, and continues to respect those extremes, why can't one trade those extremes? Isn't it more "probable" for price to fluctuate in that channel instead of...

Really?!? I thought with-trend moves always have a higher-probability then counter-trend? Why not base a set-up off that probability?