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dammit - keep on coming back to this... Do I bother posting my interpretation of this one? Or is it best to keep quiet rather than to speak and remove all doubt ??? ;)

I was going to start a new journal today of my live trades. But I missed a perfect entry at the open and frankly wasn't feeling it. So I decided not to put money at risk today after that. Someone once told me that "Eagerness to trade supplants deliberation". I'm very thankful for the advice. It...

Back to the human condition then; there is comfort in boundaries, in dogma etc. Not progress mind you, simply comfort. One knows their place and as long as they don't make waves they are left alone. This could lead to a lengthy diatribe on religion, governance etc that would lead this thread...

Hence the frequent reflections on Montaigne's ideas throughout the thread. Understood.

Amongst other reasons, I would suggest: herd mentality. Where does that come from? It would come from a deep seated cynicism with regards to the human condition, human nature, the inability to think for ourselves or to question dogma / authority. That being said, my wife often says I'm a...

Just finished reading through your fantastic journal here @slugar. Best of luck to you with your trading! @Redneck you are a true gem, every time I come across your posts I learn something or gain a different perspective. Many thanks.

We now take a break from our scheduled programming for a Rugby World Cup 2015 update: Aus 33 Eng 13. C'MON AUSSIE! GO YOU GOOD THING!!!!!!! Life is good ;)

Finally - this is a piece of brilliance. Thanks @Redneck, sorry for the copyright infringement by posting it here. Wanted a record of this on my journal. Required reading on market uncertainty.

So for the most recent update: A few weeks ago I posted that I had to stand back from the volatility as it was outside of my risk tolerance. I still stand by that, as I was concerned about changing my trade plan as soon as the market changed. My reasoning being that it was a slippery slope, and...

Have to start posting more :) Just read something on @slugar's journal from @Handle123 and @Redneck re: how people with journals don't post as they are worried about getting knocked down. I'm guilty of that ;) I was advised to not go live with one contract months ago by people I respected...

The difference between a master and a beginner? The master has failed more times than the beginner has ever tried...

On a personal note. Now that Abbott has been removed as PM of Australia, I can finally move home :) Now I just have to convince the wife ;)

Another update. I've started to grade my performance in a much more measured way recently. I always review my trades at the end of the day but I have never actually done so to this extent. It was usually a less structured holistic view of the days trading. But from this shortened week onwards...

There's a lot of work implied by following that quote through to its logical conclusion....... Thanks as always :)

BTW - just confirming Murphy's Law for everyone. I have had a number of opportunities today that fall within my risk levels. I go through this for 2 weeks and the day I post something the market makes a liar out of me :)

Cheers - thanks toucan. I trade the NQ. I've only really worked on the one instrument to this point.

Thanks for that response KDASFTG. I feel I'm doing the right thing, but a little reassurance is always a good thing! The fact that my way of viewing the market, my process and my system has withstood these current conditions has given me a fair amount of confidence. But at present the risk is...

Hi all - I'm asking for some advice if that's ok? I am a bit torn at present as I have been staying out of this market during this recent volatility. Despite the wild swings and thinner liquidity my 'system' is still working - albeit with far greater stops. The width of my stops has exploded...

Final part... What is left unsaid above is detailing in endless paragraphs the psychological work I've done. This is without doubt the biggest component part of what I've done over the last 6 months or so. I know there are countless profitable traders here on ET. There are people who have...

part deux. So I sat down one Sunday night and wrote down what it was I truly believed in terms of the market and my trading. I refined my trade plan to the absolute basics and wrote a 'trade guide'. Why was it important to move from a trade plan to a trade guide? For me they are two different...