Spydertrader's Jack Hershey Futures Trading Journal
- Thread starter Spydertrader
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Damn, I missed yesterday’s session. I had some other matters and came at the close of market.
I came to follow this method a bit late – at the end of January. I advanced nicely until last week when I also started sim. account – I wanted to learn new software at the same time. As it turns out it was a big mistake. I came to a complete mental stop, Gaussian was suddenly unreadable to me, RT PRV was a mess, and every turn of the market was a FTT and half a minute later a WTF.
It looks my basics are not really sinking in, so I started from scratch again. After reading Jacks CFBW again and watching video by bundlemaker, I'm now back at drawing channels in RT and identifying FTT (not drawing anything until next bar closes
), then step by step – again. Until everything sinks in.
I came to follow this method a bit late – at the end of January. I advanced nicely until last week when I also started sim. account – I wanted to learn new software at the same time. As it turns out it was a big mistake. I came to a complete mental stop, Gaussian was suddenly unreadable to me, RT PRV was a mess, and every turn of the market was a FTT and half a minute later a WTF.
It looks my basics are not really sinking in, so I started from scratch again. After reading Jacks CFBW again and watching video by bundlemaker, I'm now back at drawing channels in RT and identifying FTT (not drawing anything until next bar closes
), then step by step – again. Until everything sinks in.Spyder,
You want to know how we're doing? At this point, I feel comfortable drawing in the channels in RT (tape, pt 3, channel, repeat!). I'm getting better at identifying the volume gaussians, but I'd say that's where I need more practice. Otherwise, I've very pleased with my own progress and the pace of the class at this point.
When I first say the syllabus, I thought it was kind of slow, but now I realize that it's a lot to cover. I am not doing any real futures trading, or even with a paper account yet. I could see that as soon as I do that, I'll be fixated on the P&L. I don't want to go there until I can annotate and interpret the charts in my sleep! I do keep a daily log however.
Thanks for all your hard work and the hard work of others.
Bill
You want to know how we're doing? At this point, I feel comfortable drawing in the channels in RT (tape, pt 3, channel, repeat!). I'm getting better at identifying the volume gaussians, but I'd say that's where I need more practice. Otherwise, I've very pleased with my own progress and the pace of the class at this point.
When I first say the syllabus, I thought it was kind of slow, but now I realize that it's a lot to cover. I am not doing any real futures trading, or even with a paper account yet. I could see that as soon as I do that, I'll be fixated on the P&L. I don't want to go there until I can annotate and interpret the charts in my sleep! I do keep a daily log however.
Thanks for all your hard work and the hard work of others.
Bill
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