ES Journal Archive (2006 - 2008)
- Thread starter Buy1Sell2
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Quote from kamek:
i'm not a beginner trader...i'm been trading for 2 years. but i just went full time in june.when i say 80% i really mean it when everything is in place. i problem is just pullin the trigger. when i first started out i was reckless with it and made double my job salary in 6 months. now that i don't have a job...i hesitate more. oh well. i'll get my go for broke mentallity back (i say that so i won't fret off of lost money...i don't gamble in the market)
thx for all the help u guys.
Now you have a stake to trade with, focus on trading more like a sport player who focuses on improving or stablizing your skill ... that can help your mind from thinking about the necessary cash flow issue.
One of the hardest thing in trading in fact is not to worry about the income generation issue.
Good luck!
kamek,
you want discretion?
but the discretion you have exhibited is to watch, not trade.
just get up tomorrow.
have your charts in front of you.
and just say to yourself.
"When the signal comes. I take it."
This is what you've worked for, noticing the nuances of price.
This is what you have spent countless hours researching and realizing.
This is your job now. Your job is to take the signals.
be militaristic with yourself. swear an oath that regardless of any second thoughts, if the set-up comes. you take it.
employ a reasonable stop loss and do not even think about being wrong (losing money).
being wrong is getting the set-up and NOT taking it.
being wrong is assuming that you have to be right everytime.
being wrong is taking a position and not having a clear, objective stop-loss and target.
it's OK to be wrong in terms of a signal that fails and hits your SL. That's your safety valve.
You can do it. swear an oath to yourself.
you want discretion?
but the discretion you have exhibited is to watch, not trade.
just get up tomorrow.
have your charts in front of you.
and just say to yourself.
"When the signal comes. I take it."
This is what you've worked for, noticing the nuances of price.
This is what you have spent countless hours researching and realizing.
This is your job now. Your job is to take the signals.
be militaristic with yourself. swear an oath that regardless of any second thoughts, if the set-up comes. you take it.
employ a reasonable stop loss and do not even think about being wrong (losing money).
being wrong is getting the set-up and NOT taking it.
being wrong is assuming that you have to be right everytime.
being wrong is taking a position and not having a clear, objective stop-loss and target.
it's OK to be wrong in terms of a signal that fails and hits your SL. That's your safety valve.
You can do it. swear an oath to yourself.
Fed minute later today - what prints to take it to BEFORE the release?
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