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LeeD - Great question TradeWrecker - Great story, Great Thinking, Great Advice :)

~~~ - You know markets are most commonly irrational which is what really vexes serious traders who must overlay rationality on chaos to make a profit. Hence moodiness. Your sweet sisters make rational men (engineers or not) dream. Your wisdom (beyond markets) is really about balance. Good...

NoD - Priceless summation; Great technical review :) Matcha - Hang in there sweetie :)

I'm glad you've finally got around to "What's really on your mind". This is a "retail" board. We all think we're part of "the fat tail". Some of the posters in this thread have paid their bills for years based on what they do in markets every day. No one is going to write a White Paper about it...

You got a good sense of humor :D - And as far as I'm concerned that counts for something. Lets see - Against all rules of ET decorum, I've called you "pig headed" and "fresh meat for the grinder" and you're still laughing. +1 I don't take my self too seriously and I'm glad you don't...

Nice - I agree 100%. Here's something that might spark discussion. The rules outlined below always stood out in my mind. Cynthia Kase wrote a book in 1996 called Trading with the Odds. Here are her "Six Behavioral Laws of Forecasting": 1. Remember the object is profit, not ego stroking...

Very Good - I've been reading / posting a bit in the Psychology area, on emotions / Behaviorial Finance. I think I'm just overly sensitive (because its running around in my brain right now). You're one smart cookie, and you are doing well. That make me :)

Be careful with your words / thoughts. You have worked hard and done well to reach the point of live trading. You study charts and likely other things to build an expectation for the day. It should mesh with your evolving knowledge of the market. If you looked at today's chart without those...

Great Point TradeWrecker - The longer the time horizon one trades the more this really has to be part of the picture. This is a completely different skill set from what is needed to day trade / swing trade. Despite my alignment with Soros on the challenges of traditional economics, I believe...

Ammo - Nicely put, I like your take on this. :) In CL Redux you and the others are showing off your OODA learning. I can't help but be impressed with whats there and the advice that shows up there on a daily basis. Thanks you for that. :) Emotions (not carefully understood / harnessed) and...

This is a killer thread :D Jack - Thanks so much for illuminating a working model for those who have the time to read and think on it. In my first career (marine engineering) I was face to face with learning via OODA. I locked down all that was worth knowing in about a year or so. For the...

I really don't know how ET see's you and what does that really matter anyway? My own perception, based on your words, is that you are a novice trader struggling with all the things beginning traders do. The fact that you are working at limiting losses is a positive thing. I also continue to give...

Nice chart - There's appears to be a method to your madness :) It's nice to see that you are relying on more than numerology. I guess we can expect references to numerology on every page that is a fib number or some other key ratio. How about a little more meat to go with the potatoes and gravy...

Gents - These are all Great Reply's - Nice work. Many years ago I pretty much banished "fear" out of my life, but it's been an ongoing struggle to banish "stupidity" :) When I was doing "engineering ops", Jacks description of OODA was more less how good responses were made. Time was a...

~~~ - American man lust after asian women. I chuckle because most never realize they are likely over-matched. As far as Chinese ladies go - American men are definitely over matched :) I'm happy with my American wife - She's a great match for me (LOL - Or at least she makes it seem that way)...

Sweet :)

Jack, Interesting diagrams. I always enjoyed Soro's description of "historical" processes and reflexivity. He laid out some clear cut examples of it's use in "The Alchemy of Finance". Years later, he recognized that in most cases "reflexivity" is not the dominant process in markets. Only...

Matcha - Given what the charts you've posted show about this weeks PA, you've done a great job. I just got quotes / screens set up yesterday (after 5 years of not following at markets). Thank you - This thread has been a great inspiration for me :) Thank you. Boli - Your Destiny comment...

Great Narrative & Insights - This is going to be a fun thread to follow :)

[B] Jack Hershy - Interesting take on BF; Reading your emotions; Journaling, and the iterative improvement process. bearmountain - I don't think the TradeWrecker was offended, but I don't think he was prepared to defend BF in this thread. wrbtrader - Nice summation. TradeWreaker -...