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  1. J

    The Business of Meditation and Trading

    Not sure where to post this and get answer. In the past couple of years I've develop a pretty powerful new form of meditation that originally was to help me with my trading but found out if gave many health benefits: Scientific Benefits of Meditation – 76 things you might be missing out on...
  2. J

    I'm losing money and can't stop. How do you be patient?

    Trading isn't really that hard. It's see the trade, take the trade, and then manage the trade. Although I meditate before I take any trade for a boost in brain power. So I may be cheating. So far this week I had a 100% success rate in my predictive modeling. I traded with real money 2 out of 5...
  3. J

    I'm losing money and can't stop. How do you be patient?

    Uh You really think I trade demo because it's fun?
  4. J

    I'm losing money and can't stop. How do you be patient?

    Uh it sounds like you haven't been in the workforce for awhile have you. I guess 30 years maybe. I'll ask a similar questions i the logic you're using against me. If you haven't had a real job in 30 years what makes you qualify to be advising or judging about it. It's like an ET trader who...
  5. J

    I'm losing money and can't stop. How do you be patient?

    Market is closed after hour. Market is closed on the weekends. Most good jobs are 8-5. Uh. I hope you see the humor in your questions.
  6. J

    I'm losing money and can't stop. How do you be patient?

    Just here for a quick update. Don't know why this was moved but anyways. I started trading at work. Got tired of demo. In order to execuge trades I had to retro fit a tablet I had laying around. It's not perfect and certainy would be better if I was home. But I'm able to get some good...
  7. J

    I'm losing money and can't stop. How do you be patient?

    $200-$300 on one lot would be amazing?
  8. J

    The Concept of Trading Emotions

    One of the behavior patterns I've noticed in myself is that the longer I trade the worst my trades become. For example, the first one or two trade are usually good trades. Can either be a profit or a loss but at my rules.Then the next three or four I may break a rule or two. Then by the fifth or...
  9. J

    I'm losing money and can't stop. How do you be patient?

    Update: Thanks to all for your advice and suggestions. I read them all and kept them in mind. I've done some post analysis and determined that the majority of successful trades occur during market hours while the majority of my losing trades were during over night hours. I was being over...
  10. J

    I'm losing money and can't stop. How do you be patient?

    How do you hypnotize yourself? Almost all my gambling trade has been losses while my setup trade have been good. Today I did six gambling trades that losses. My two setup trade would have wiped out my losses that is becoming a daily pattern. If I avoid any gambling trades and focus on my...
  11. J

    I'm losing money and can't stop. How do you be patient?

    One of the pitfall I'm discovering is that I get impatient waiting for my setup that I start entering gambling trades that I should not have. I'm impatient and keep thinking about my next trade 24/7. Even though there is no need. The good thing about my job ia that it distract me from to...
  12. J

    Trying to transition from full time job to trading. Having trouble with discipline.

    Update: I've determined the source of my heavy losses was due to having unclear entry and exit rules. Been modifying the tortoise this week. In the process of changing the rules from discretionary to mechanical. Took some trades this week. Loss some money. Looking back determined the mistakes...
  13. J

    Trying to transition from full time job to trading. Having trouble with discipline.

    Thank you. I wish the other board members on this site were as polite and positive as you. The irony (joke "ironchef") of my current trading system is that it is based off an old trading system that was posted here on ET a long time ago. I wish I had pay more attention instead of experimenting...
  14. J

    Trying to transition from full time job to trading. Having trouble with discipline.

    Personally I don't like to be public with trade journals. I feel it creates added pressure to perform which I do not want. I prefer to post when I feel it is necessary. I already have my own personal private trade journal.
  15. J

    Trying to transition from full time job to trading. Having trouble with discipline.

    Thanks. I'll check it out. Traded this morning using purely the tortoise system. The result of this morning trades are: 3 trade signals taken but missed out on 2-3 other signals. 100% win on all 3 trades. 100% win on the 2-3 other signals. 50% combined profit on 3 trades. All in all, I did...
  16. J

    Trying to transition from full time job to trading. Having trouble with discipline.

    On a side note: I recently brought a new laptop to use for trading. Also brought an SSD drive to install but when I started the installation I've found the screw on the laptop was so tight I couldn't open the laptop up before the screws got messed up. Resulted in me just having to return the SSD...
  17. J

    Trying to transition from full time job to trading. Having trouble with discipline.

    Anyways, I have another question and I've tried searching on google on this with no luck. I need a news source that gives me info on any potential market moving events like the Brexit and yesterday's Bank of England decision. Something like this...
  18. J

    Trying to transition from full time job to trading. Having trouble with discipline.

    I didn't say I was proud of it. I was answering a previous poster's comment.
  19. J

    Trying to transition from full time job to trading. Having trouble with discipline.

    Everyone one else, chill out and drink some optimism kool aid. Notice how I didn't reveal how much I lost and everyone thinks it's the end of the world. The goal of a training account is to practice. Thanks to the guys that actually answer my question. Instead of quitting, I may try to work...
  20. J

    Trying to transition from full time job to trading. Having trouble with discipline.

    Sounds interesting, but the reviews are very negative: Once funded, TST keeps 20% of earnings. Once funded , TST charges 3 times what TradeStation does for exchange data fees. Once funded, TST would expect me to purchase a $1000 license for NinjaTrader, even though I already have TradeStation...
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