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    PA "Setups"

    I read your pdf several times over a period of months and could have passed a school exam with an "A" about it... but I didn't grasp the practicality of it. If you go thru the process of "OBFSL": observing to back testing to forward testing to sim trading to live trading... and at each phase...
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    What is your single biggest fear in life?

    I once had the written goal of aging gracefully. That becomes more complex than you’d think. According to the Brain Injury Association of Arizona If you live to be 50 you will have had a 50:50 chance of having a clinically treatable brain injury. A 30% chance of having 2 or more…...
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    Questions About Being A Trader

    Amazing how you can hear the opposite of what someone says. It is the live aspect that causes virtually all to fail -- unless they get off on the right footing of trading correctly and not emotionally because of the money factor. The concept you have to pay tuition and lose... is just an idea...
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    Questions About Being A Trader

    When I started I paid for classes, read books, hired a private coach. That was what they all said. "Start by trading (live) small and trading often" one of them said. And for a long time my personal experience was that comparing my own paper trading to live trading was like comparing apples...
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    Questions About Being A Trader

    In terms of laziness, trading is peculiar. You have to do the logical part of learning to trade, yet trading is largely emotional. So you have to do your homework... all of it. For example in DB's process of observe, back test, forward test, sim trade, live trade... if you skimp at any point...
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    Questions About Being A Trader

    People change. Circumstances do also.
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    Questions About Being A Trader

    My niece’s husband sounds somewhat like you. Lazy, “C” student at best. But while many students were working for a grade, he sat back and developed perspective and common sense (which a lot of “A” students do not have). You may be that way also, you seem to know yourself and you are asking...
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    Focussed newbie seeking starting help

    DB's advice is the best you will get for a beginner. When I started I had advice from several people. You don't know who to trust. Click on his link (in red) and read to see if it makes sense to you. Do a forum search for the fellow: "Lajax" who has the threads "Price Action - NQ" to see...
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    SlaPa

    Roffe has it, the idea of doing something 21 days in a row establishes a habit. Which may or may not be true, but it is a measure. I don't know that held me back, but over time it became clear to me that no matter how many winning days I had in a row, I wasn't on track. As I work deeper...
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    SlaPa

    This journal is more about the perceptual or inner part of trading than the exterior technical part. Db has made thousands of posts that cover what to do and how -- which is available to anyone. But it is the inner part that we each have to work out for ourselves. There is something deeper...
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    SlaPa

    Peeled a few layers off the onion. When I learned how to scratch, everything changed. Everything has changed again, that profoundly. What changed was the perception of prep as creating a map, then watching to see how reality connects (or ignores) what was on the map. Mostly what happened...
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    SlaPa

    continuing the thought of the above two posts about altering the stimulus, or creating more options for responding to stimulus: We can change our perceptions and strategies. One is as simple as how we think about what we do. “I am a trader.” If that is true, I better get with it and be...
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    boru's price action journal

    Maybe the next time someone asks us what we do, it seems like a good description of what we do that we are very good wait-ers more than just traders! There is a phase of SLA where we are trying to overcome hesitation, etc., and at least for me I seemed to be trading a lot -- and that might...
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    SlaPa

    Re-reading the above, and on reflection I don't need to know 'why' the market does what it does. I may never know that. Likely the quote by Db at the end refers to the trader recognizing why they took the actions or inaction they did. The POV about the map is not about creating a bias...
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    SlaPa

    There is a discussion going on about why we trade emotionally. About why we sometimes know what to do, but don’t seem to be able to do it. Our choices, our actions or inaction becomes other than logical. Difficulty accepting there will be losses is one issue that stirs emotion. But we can...
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    SlaPa

    Thanks Game and RN for your observations. I think we are on the same page. In my private journal I have been using the word 'freedom' also. A very different sensibility for me while trading. At the same time, as RN says, keeping the core of what I do consistent... with the how and the when.
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    SlaPa

    It’s odd. I’ve spent most of my trading career seeking consistency: do the process of developing rules for positive expectancy, and then wash rinse repeat. Find a routine and diligently repeat it over and over. “If you are not doing the exact correct things over and over… you are...
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    SlaPa

    We all have challenges in life. If you don’t, you will. It’s a little like being in an old western with someone shooting at your feet. You can get real good at dancing and focus on that, or focus on the bullets. Your choice. Trading can be considered a challenge in and of itself...
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    SlaPa

    I have not been posting much because I’ve had a flu bug. The Dr said it would bounce back multiple times, and it appears to be doing so. But this is cool. It’s clarified a long standing issue for me. I have never been good to stop trading soon enough when I’m not up to par. Life has...
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    SlaPa

    Or just observe or be much more selective in taking trades, and wait for the next extreme. Which is a kind of relaxing way to trade in and of it's self. I guess you could look for extremes on smaller time intervals? How far would you go with that? ...I would think at some point it would just...
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