My nq price action method
- Thread starter slugar
- Start date
I'm actually not - we've had some very poignant conversations
It fortunate (or unfortunate depending how you look at it) we don't live close to each other
I get..., that you don't buy into the mental side of trading much
But if one has all the pieces - yet can't throttle the person behind the mouse
What's remaining..., but the person behind the mouse
I went through the same shit - and my approach is the same now..., as it was then
I however..., am much different
And so too will Slugar be
RN
Last edited:
Do not get ahead of yourself..., or price - stay on price's ass
Remember to keep your context in lock step (updated)
Then trade within that context
RN
I didn't say I don't believe people have trouble overcoming mental aspects due to their life of past losses and not all of them due to trading, but I don't believe much of they can overcome what you read in a book, I think women can, but much less so with men. Let's face it, men believe we are smarter than average bear and will even lie to ourselves that we don't have any problems. I think hypnosis and shock treatments are best to make changes. I still go 2-4 times a year for hypnosis. And pain of losses has made me dumb and dumber.
Day 1- of the rest of your career
Ya done good - now..., you gotta do good tomorrow - and every day henceforth
One step at a time Slugar - you take care of this trade - right here..., right now
Bigger picture..., along with everything else - will fall into place and take care of its self
Trust is not built in a day - takes time..., takes repetition
=====================
And as always (feel free to repeat after me
)discipline..., patience..., routine
And to hell with the results
Good Job Sir
RN
I love days like today cause trend traders will be getting screwed cause they lack the education to identify MEGAPHONES. Actually had 3 of them today in ES, I have only seen like 1 other one in past ten years. So when you see higher pivot highs and alternating with lower pivot lows, that is a MEGAPHONE, If you just trade trend trades=stand aside and it you know how to trade counter trend, you dink out smaller profits. Pretty tough to make a killing with 6.50 point range but I average down and do very well. But unless you are well funded and have practiced like 1,000 trades and breath your rules, do not average down as almost all get slaughtered and lose accounts, what some can do is add one when at minus 4 tics and then you are risking point less and target point more. I intentionally leave out where I get in to force all to do some work and backtest.
Attachments
Music to my ever lovin ears (actually eyes since obviously I can't hear these typed out words - duh)
====================
Focus on..., taking care of each trade - the rest will work itself out
There trust to be built
RN