Psychology journal

nooby_mcnoob said:
Very experienced guy. His trade was good and he closed for a profit. However, he scales in between 6-9 lots, I only scale in 3 for now. So you can see the disconnect.

Bottom line: I just shouldn't do it. Mine works just fine.

I do like his system. It's legit. I'll back test it later but I've watched him do it live. It's simple and works (and can be automated!)
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Does he know you've been trying to mimic / copy / piggyback his trades ?

wrbtrades
 
The outcome of the stupendously bad trade has been erased (and added onto) thanks to today's Great Recession and Stop Hunt in NQ.

The feeling is simply this: I feel comfortable with the market sometimes. The time I seem to feel most comfortable is when it is in the process of, or just after, being silly.

Bottom line: look for the feeling of comfort.
 
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Today was not a good day. I was tired and interrupted during the day by people I don't like. Didn't lose anything because I was experimenting with futures but a code bug prevented me from taking advantage of the day-long drop. That kind of sucked. I shorted near the top at premarket and b/c of a bug in the code, it bought instead of sold so I had to close the trade and fix the bug. Ah well. Live and learn.

Feeling is when missing a trade due to an error on your part, it feels very bad. On those days, it's probably better to just take a day off. New problem: what to do on days off.
 
nooby_mcnoob said:
Today was not a good day. I was tired and interrupted during the day by people I don't like. Didn't lose anything because I was experimenting with futures but a code bug prevented me from taking advantage of the day-long drop. That kind of sucked. I shorted near the top at premarket and b/c of a bug in the code, it bought instead of sold so I had to close the trade and fix the bug. Ah well. Live and learn.

Feeling is when missing a trade due to an error on your part, it feels very bad. On those days, it's probably better to just take a day off. New problem: what to do on days off.
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For me those moments are less frequent, not the f**k ups but I stop the aftermath. I practice self hypnosis,, sometimes its just the breathing mix and sometimes I incorporate mantras. Works like a charm especially for sleep and for morning focus.
 
nooby_mcnoob said:
Today was not a good day. I was tired and interrupted during the day by people I don't like. Didn't lose anything because I was experimenting with futures but a code bug prevented me from taking advantage of the day-long drop. That kind of sucked. I shorted near the top at premarket and b/c of a bug in the code, it bought instead of sold so I had to close the trade and fix the bug. Ah well. Live and learn.

Feeling is when missing a trade due to an error on your part, it feels very bad. On those days, it's probably better to just take a day off. New problem: what to do on days off.
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You don't learn to walk by following rules. You learn by doing, and by falling over.

—Richard Branson
 
schizo said:
C'mon, look on the bright side of life. You need not act like a bum just because you're one. :finger:
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Did you read the article? How much money did he spend falling down and trying to redo? He has the money to do the redo. The majority of us do not.
 
Overnight said:
Did you read the article? How much money did he spend falling down and trying to redo? He has the money to do the redo. The majority of us do not.
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My point (or what I thought of Branson's quote) wasn't really about money. It was more about learning from your mistakes. I hope that settles our differences. :thumbsup:
 
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