jasinhbca's quest for discipline, knowledge & profits

My belief is: an above average trading system used by a trader lacking discipline (perhaps due to fear or uncertainty) will very likely lose money. The trader will be unable to follow the rules.

An average trading method used by a trader with discipline will produce profits.

We're all in the trenches. Whether we get out with a profit or shoot ourselves in the foot depends on how we manage our fear, anger, uncertainty, mistakes and successes, to list just a few.

If you are trading without an awareness of the mental game you are already at a disadvantage. Not just true in trading but other professions as well.
a 'system' /method has rulse. regardless and beyond trader. 0' 1 0 1. you long or short?, the bs is between the code
 
Organizing my trading notes/worksheet binder today. Watched the market for a bit. One SIM trade +25.

Trying to get some notes down about motivation and getting into the proper trading mindset each day. Got nothing so far but that's what i'll be working on.

Occurred to me the other day that there's no reason to not be profitable every day as long as I stay patient, focused and act on valid signals. I'm beginning to believe that more and more.

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Happy new year traders ! 2015 is gonna be good !
 

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Trying to get some notes down about motivation and getting into the proper trading mindset each day.

Got nothing so far but that's what i'll be working on.

Reverse engineer his one

And..., this is where getting to know yourself is vital

========================

Every day we trade..., we must be in a base line mindset

Between trading sessions - life happens

Who can say what life will throw our way / affect us

But nonetheless - we must find..., get in our base line mindset - before / and for - trading

=============

I've found the best way - is first; absolutely know where you need to be / where you need to get

Know exactly what it looks..., feels..., sounds..., tastes..., smells like

Then it a matter of getting from point "A" (where you are at any given point in time) to point "B" (where you must be to trade effectively)


The actual "steps" must be customized (personalized) for each of us



Occurred to me the other day that there's no reason to not be profitable every day

Not a stinking one (now ain't that an epiphany and a half)


as long as I stay patient, focused and act on valid signals.


As long as we consistently..., and repeatedly..., do our job


I'm beginning to believe that more and more.


Screw believing it


know it..., own it..., make it happen


2015 is gonna be good !


I will make 2015 a good year


By doing my job - every day..., every trade


:)


==========================


Just sayin :D

RN
 
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Greetings Jas,…..you’re beginning to move towards a deeper understanding.

“Occurred to me the other day that there's no reason to not be profitable every day as long as I stay patient, focused and act on valid signals. I'm beginning to believe that more and more.”

“For those who have learned how to be consistent, or have broken through what I call the "threshold of consistency," the money is not only within their grasp; they can virtually take it at will. I'm sure that some will find this statement shocking or difficult to believe, but it is true. There are some limitations, but for the most part, money flows into the accounts of these traders with such ease and effortlessness that it literally boggles most people's minds.” - Douglas

To a Prosperous New Year!

KDASFTG
 
Greetings again Jas,

Sorry, and I promise not to do it again, but in my military mind, I just couldn’t resist the urge to adapt this line from Apocalypse Now.

“I Love the Smell of Metaphysical Crap in the Morning….Smells Like……Victory.”

KDASFTG
 
Great stuff. Thanks . Will review some more.

About all I've reverse engineered is 1) I need to be sure I get enough sleep 2) Exercise several times a week at a minimum. Pretty basic but took me awhile to not only figure that out but to be sure it happened.

Now I'll need to really pay attention and create the pre-trade routines and habits.
 
next;

Returning back from time off / extended weekend

I've always found myself to be mentally sluggish / not nearly as quick to get up to speed

To counter this - the first day..., even couple of days before returning - I get on SIM (even subscribe to one)

Not suggesting you get a subscription necessarily.., am suggesting you create a routine to "get back into the mental swing of things" before trading


Wow, I needed to hear that ! I thought it was just me.

I felt a bit forced and not as focused.

Then there's that Uh-oh thought of how am I going to ever be consistent.

But I have noticed it before.

Mondays are not always me best days then add in the extra time off.

jas

J,

There is always that pesky human condition we are faced with - impossible for us to be "on" 24/7

But when we trade - we must

=======================

There is the remainder of today.., and Sunday - then back to work

Today..., and tomorrow - I will spend a couple of dedicated hrs on SIM

Not as a game..., not as a way to fill the time (out of boredom)

But as a tool

To get my head thinking clearly / screwed on straight..., to ensure I follow my routine..., to ensure I am ready to trade - to do my job



I expect Monday..., the mkt will not be doling out any quarter - I'm good with that (or will be by then)

I also expect to have losing trades on Monday - I'm equally good with that

RN
 
J

We've been off..., now it time to get back to work

Both of us will be mentally sluggish tomorrow - if we don't prepare our self now


================

Get good rest tonight..., get your head cleared..., get your head centered

Ensure the charts are marked properly and current - clear off all outdated / unnecessary context


===============

Tomorrow just another new day (and new week..., and new month..., and new quarter..., and new year..., even a new congress)


We remain the same..., we follow our routine..., we do our job

Trade well tomorrow - and to hell with the results

RN
 
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