Search results

@sowterdad thanks for sharing. Appreciate affirmation that someone else is getting some benefit from this journal besides me. :) You do raise some good questions... My reasons for having a trading psychology coach is because I believe relevant coaching is the fastest way to get to where I need...

Excellent article on fear... convenient how the information appears when you need it. http://www.fastcompany.com/3039128/theconnection-between-fear-and-career-regret

Day #21 - Last night I had a session with my psych coach, and we discussed me working on pushing through the fear that was coming into my trading. So today, it was agreed that I would put on some trades that I felt fearful about, but they fit in my methodology. I was a bit uncomfortable with...

Day #20 - Slept well, woke up feeling good and ready to trade. Of note, this getting ready for my business day prior to trading does really help take away some morning stress... and starts my day off in a much better frame of mind. (Keep doing this) Yesterday, I was reflecting on my stats...

Thanks for sharing you made a miscalc... the nice thing is you can restart fresh. :) When I started, I found it took a bit of time to get used to TST combine rules. Now though, I am really glad I have them. They have saved me a lot of money.

Good analysis of yourself trading. With current volatility I would give you an "A" for only going 4 ticks over your personal daily loss limit, and still doing three trades. Well done!

Today: Woke up with a headache, and yesterday evening had a needed discussion with the X about Christmas, our kids, etc. Followed up with some text messages later... just some stuff that needed to be said. However, I know in the past 30 days when I have had that conversation or texts I haven't...

Day #19 - It was a restless night, as I had added to my crude short in my own account and had stops in protecting it, but didn't sleep that well, until I got up in the night and saw that I was stopped out. After that, slept fine. So holding that trade through the weekend worked well. I am now...

Let me blunt, and help you as many others have helped me in the past. 1) Have you been consistently profitable with real money over the last six months? Can this continue? 2) If so, then can you view your balance six months ago, and today and tell someone the exact percentage gain? 3) If #1...

Trade Strategy Update: Considering the two day experiment of being forced to just hold a trade until it hit my stop loss or take profit, and the 30 day history of consistently cutting my winning trades short, I have decided that for the first week of December I am going trade with the following...

Day after Thanksgiving: Once again trading my own account, and doing very well. Low stress and now significantly up for the day (short the swing high), and debating whether I should hold through the weekend. My teacher would have kept the position on but cut part of it (and as I type this, I...

Thanksgiving Day: So topsteptrader has asked all combine and live traders to not trade over the thanksgiving holiday and the Friday (even for us Canadians). Like any oil trader, I have been paying attention to the OPEC talks, and had a plan what I wanted to do if OPEC didn't cut production...

Just a thought.... you might try grading yourself at the end of the day. It is similar to what you are doing now, but just another added metric. Add them all up, and assign a grade. In the past I have also measured things about myself, and kept track of them to see if there is any connection...

Happy to answer, but I don't really want to turn this thread into a trading strategy thread as this defeats the purpose of what I am trying to accomplish. My default stop loss is 14 ticks and my take profit is 30 ticks. However, the stop loss and take profit are usually placed based on market...

I may have misunderstood your original post and assumed you haven't historically been a profitable trader. Your reference to "confidence in ability, and think I have an edge, but lack capital" is what gave me that impression. If you have been consistently profitable over the last 6 months...

Why not find out with a combine at topsteptrader? Once funded the profit split is immediately 80/20 which is right up there with prop firms.... but you have no desk fees. I can only speak from personal experience, but this has been one of the best approaches I have found... and it is super low...

Day #18 - The day started out well, I had a bit of a headache (probably that 3rd pint of beer last night) and I was feeling a bit cautious about trading. Waited until after the EIA report to put on one of my favorite trade strategies, and as I put it on it immediately went against me. Came...

COMMENT: Before I forget this, I want to blog it down. Both trades I have done, I felt like I was sure I would be stopped out. Felt like they were wrong and I had made a mistake. However, my focus was simply on doing the right thing... and trading with my new rules in this two day experiment...

@Redneck Well said! And that is exactly the weakness I have discovered and am working though. Losing trade = Being Wrong. I need to remind myself more, that uncertainty can work in my account favor just as much as it can work against it. I have no idea what is happening, so all I can do is...

Thanks @NoDoji . Yes, that all makes sense. It is wrong to trade this way with the stop adjustment. I have no support for it whatsoever, it is just arbitrary. The point of this two day experiment is to simply force me to endure being wrong.... and to hold on to the trade until I am either...