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I got his book after that interview, and it is very good, and learned a lot from it, although he is not a day trader.

I had to google what chode means... Now I know :D You guys are so eloquent :)

Looks like a yakuza command center, iphones, cb radio, yahoo japan. :D

you are not gun shy :D

Thanks, very good talk indeed.

Yes, I understand you, and I also think it is possible, it is probably already done. But as we know from emg, already 90 % of traders just lose. So for the majority it is just a good excuse or rationalization why they lose.

Phew... Thanks! That explains everything! ;-)

Just here to learn, as a fellow student, so my comments are observations and not critique: Checked your yesterday's trades on a 5M chart and you had 3 trades. The first long was a counter trend long after a wide range body (WRB) candle and no double bottom, or higher low, so may be not a high...

You guys probably saw this already, but it was new for me: Two interesting talks on initial research of neuroscience of meditation by a monk/scientist and a scientist. (Bit long for the uninterested :) ) Matthieu Ricard https://www.youtube.com/watch?v=peA6vy0D5Bg&feature=relmfu and...

I have been meditating too, first I thought it is easy, just sit down and do nothing. But read on it and realized there is much more to it. The attachment is a nice representation of the nine stages of meditation. Here is a concise explanation of the nine stages of mind training...

I have two forex feeds running side by side. One is IB's the others is a data provider's feed. Normally they are basically identical to the pip. On the EURUSD pair I saw 2 cases during the last 4 month which I considered stop hunt on IB: a spike taking out previous high where the other feed did...

One can "try" meditation. After a while you are accustomed watching your thoughts, emotions and letting them pass through. You will be more aware during your daily life and trading. With fear also first you will detect it in your body, tense feeling in the stomach for example, and just label...

Scale down completely and start over.

GL. :D

Sure , but with the current average wins he shows, he needs more than 90% win rate (estimating) on individual trades to have a positive expectation. It is difficult. We'll see, let him continue with the journal... Edit: or better to say a very high win rate.

If you control your losses , losing days, the pictures changes. (I took out all the 3 digit losses and gains, which I know is not too realistic, but may be drives the point home what we are making).

You are right , we may be missed the point that on your individual trades you don't risk and lose much in terms of percentage. But your daily pnl sure looks like that. I had a little time (it took about 15 min.) and using your posted pnl's I plotted your equity curve for this year only and...

This is a gem.

You don't say you are yoohoo?????? Anyway, your old thread with cferret was my first "enlightment". Thanks for the input you made. I read each of your posts in that thread , studying the trades on my own charting, etc. Thanks. Just wanted to let you know. Keep on enlightening. :D

sf, We are really trying to help you. Try to understand what riffraffpatrol is saying without being defensive. No matter what you are risking on each trade, if you don't have statistical edge (ask if you don't know what it is) it is CERTAIN that you will lose your account if you trade long...