jasinhbca's quest for discipline, knowledge & profits
- Thread starter jas_in_hbca
- Start date
Please take what I say - not as criticism..., rather objective feedback - and things to think through
This is a major milestone
Why didn't you (and not meant to be flippant - is a serious question)
Let's explore further
Not only the trades
Why weren't you in sync with the mkt
What clues were you not picking up on / trading
You say you felt this
Yet this is how you traded
Only 1 trade went to your full target..., or was allowed to??
Seems you were picking up on the clues and trading them??
So you were picking up on the clues the mkt was sending
But not acting on (adjusting to) them possibly??
Keeping losses small is a must.., and a major step - you kept em small
Good Job J
RN
This is a major milestone
Why didn't you (and not meant to be flippant - is a serious question)
Let's explore further
Not only the trades
Why weren't you in sync with the mkt
What clues were you not picking up on / trading
You say you felt this
Yet this is how you traded
Only 1 trade went to your full target..., or was allowed to??
Seems you were picking up on the clues and trading them??
So you were picking up on the clues the mkt was sending
But not acting on (adjusting to) them possibly??
Keeping losses small is a must.., and a major step - you kept em small
Good Job J
RN
Thanks.
Did a little review. I fucked up. I increased a target based on a consolidation during the trade . So got + 6 instead of 25 and am embarrassed to say i re-entered the trade and did same thing and got +10 instead of 25.
And that's why we review trades and that's why we maintain consistency. I remember moving the target on one but not the other.
That explains a lot now doesn't it.
I apologize RN. My lack of discipline impacted you and wasted your time. I am very sorry. Won't happen again. And i owe you beer or three.
Did a little review. I fucked up. I increased a target based on a consolidation during the trade . So got + 6 instead of 25 and am embarrassed to say i re-entered the trade and did same thing and got +10 instead of 25.
And that's why we review trades and that's why we maintain consistency. I remember moving the target on one but not the other.
That explains a lot now doesn't it.
I apologize RN. My lack of discipline impacted you and wasted your time. I am very sorry. Won't happen again. And i owe you beer or three.
You Betcha Sir
And why we create a plan for every trade
No need - we're all dumbasses here
No Sir.., but it sure as hell impacted your PnL today
Beer me baby!!!
===============
Tomorrow is a new day..., and most importantly - you lived today..., to fight again tomorrow
Good Job
RN
Until we meet...Cheers !
+29 ticks.
Had some distractions that threw me off a little but reviewing the trades now I did a great job staying out of the post inventory report chop.
1st trade had quick MFE 16 then as quick was only +2. I stayed calm and noticed I was disappointed that I might be getting a small loss instead of the moments ago profit. Stop was tightened, I waited , pullback was normal and then target hit.
2nd trade not really any thought. That's a set up. take it. Exit on a stall at a res area.
3rd again no hesitation but a loss. Stayed calm didn't feel any need to re-enter to 'win it back'
last trade stalled a bit after entry. I did a good job observing price and didn't feel that old impulse to get out +- BE then look for a re-entry. Based on my stats, which I now will ignore until I collect more on this setup, this entry often runs 30- 70 ticks. So I increased my target from 25 to 30. MFE 25 I exit +9. (This move never went past that +25) After that I think I lost my focus and pretty much called it a day. There was the mixed feeling of I should have kept my target and also the 'I planned the trade and oh, well.' Incidentally after it hit MFE 25 I noticed it was a possible Elliot 5th wave = to wave 1. After seeing that I kinda suspected the move was done. Sometimes the waves jump out at you.
I'm trading with a bit more ease. Patience is good, not hesitating often and mostly maintaining a pretty indifferent attitude while in the trade.
My inner critic is saying I should have traded more and stayed focused as there were more trades to take. Yes, in hindsight you're right. In the moment I did well. We'll talk later..
Had some distractions that threw me off a little but reviewing the trades now I did a great job staying out of the post inventory report chop.
1st trade had quick MFE 16 then as quick was only +2. I stayed calm and noticed I was disappointed that I might be getting a small loss instead of the moments ago profit. Stop was tightened, I waited , pullback was normal and then target hit.
2nd trade not really any thought. That's a set up. take it. Exit on a stall at a res area.
3rd again no hesitation but a loss. Stayed calm didn't feel any need to re-enter to 'win it back'
last trade stalled a bit after entry. I did a good job observing price and didn't feel that old impulse to get out +- BE then look for a re-entry. Based on my stats, which I now will ignore until I collect more on this setup, this entry often runs 30- 70 ticks. So I increased my target from 25 to 30. MFE 25 I exit +9. (This move never went past that +25) After that I think I lost my focus and pretty much called it a day. There was the mixed feeling of I should have kept my target and also the 'I planned the trade and oh, well.' Incidentally after it hit MFE 25 I noticed it was a possible Elliot 5th wave = to wave 1. After seeing that I kinda suspected the move was done. Sometimes the waves jump out at you.
I'm trading with a bit more ease. Patience is good, not hesitating often and mostly maintaining a pretty indifferent attitude while in the trade.
My inner critic is saying I should have traded more and stayed focused as there were more trades to take. Yes, in hindsight you're right. In the moment I did well. We'll talk later..
Our inner critic
We screw up - he jumps our ass..., tells us how pathetic we are
We do good - he tells us we could have done better
vs.
Our inner supporter
We screw up - he tells us to forgive our self..., fix it..., move on..., do better..., we'll be okay
We do good - he tells us good job!!! congratulations!!!! do it again!!!!
==================
Both cannot coexist in the same inner space
Best we chose wisely..., the one we hang out with
RN
We screw up - he jumps our ass..., tells us how pathetic we are
We do good - he tells us we could have done better
vs.
Our inner supporter
We screw up - he tells us to forgive our self..., fix it..., move on..., do better..., we'll be okay
We do good - he tells us good job!!! congratulations!!!! do it again!!!!
==================
Both cannot coexist in the same inner space
Best we chose wisely..., the one we hang out with
RN