Quote from tampa:
...oh da pain, da pain.
Not from losses, but from a lack of belief. I saw the "buy signal" at 10:05, but was too afraid to take it.
02:25 Long @857.50
02:30 xxxx @857.50
Entered a potential "Rocket" that wasn't.
All in all. it was a very disappointing day - all the work, all the reading and study was for naught, because I obviously just didn't have enough faith - damn-it.
Thanks for the reply.
Do take the trouble to get those 12 charts I made.
Tomorrow is just the first day of the rest of our lives. We can start there.
You actually are at a very good place and I am here too.
We can nail this down tomorrow.
Look over my posts. I am making a best effort with each day as it goes down.
By posting a little ahead of time todayI wanted to let you know what's on my mind for the different levels and what looked most probable to me.
Aside from the global scene, we all have to take what is in the space and work with it. It would be neat if we didn't have the global overlay going on..it is so....whatever.....
The neat thing is that the markets can be very informative to us all the time.
With all this background crap to choose from, we get an excellent chance to use our stuff to just cut through everything there is. Because it works day in day out and all the time, we get to do the job.
It is not important to prove how you can get from beginner to expert. The range of income is different for sure. But an old beginner (meaning lots of days in the groove) is making a lot too because he is doing 25 contracts in each rocket.
for the icebergers it was a terrific day. there is something in the math that is soo sweet when the market attidude is long. You just can't break that 20....LOL.....
the money velocity is almost like being at a stop sign or LA in the rain on a hyway. But the fact is you can creep. After a few month of iceberging you can do the 25 contracts at intermediate too. We did a more than 10 point creep up today. That is enough for 25 contracts to give you 250 point which is a little over the margin requirement for a contract.
So here is what is going on for you. Fear is there it turns out.
Think of the 12 charts I did. couple it with the post i did in the Trader's block thread. I did a four stepper there. The four stepper is kewl.
Let me make a little note first. I have been recruited by depts of psychiatry here and there. I do read a lot of the posts here from a particular viewpoint. The four stepper is a deeply founded technique to shake the crap out of a person by doing it unobtrusively. read trader's block. I couldn't get connected to the author except by a ploy that I did. The ploy was to ask her a Q that didn't matter to what I wanted to do.
I was enabled by her when she answered. I did something to get her to do something that she wouldn't do on her own.
I wanted her to read aloud many words in groups and then just get on with things after that.
Look at her posts the day after. Just consider something here. She isn't ever acknowledging what happened to her. Who cares if she does. But look at the behavioral change she takes on.by reading her own words.
Okay. I keep piles of four stepper sheets here. When I mentor people get a pile of them. Smile and laugh about it. They do.
I am so ridiculous that they spent almost all of their time in debriefing filling in sheet after sheet. They do it for each and everything that they say to me that is contrary to their desire to progress down the road.
Say I am at a house warming. The new owner says. I made 1.7 million dollars net in one day with Jack. This guy can't remember how many foursteppers he did. BUT I can remember helping him bring 40 milk cases of 78 records into a room in his house where he rerecords them on tape and cd's as a hobby. What you can see here is that people change in a lot of ways. they do their thing through life. They really get empowered to do anything if and when they deal with themselves.
So make a pile of four steppers.
What you want is in there somewhere. Every time things need adjusting do it with a four stepper.
What you are going to have happen is this: You are going to subconsciously deal with stuff and it is going to be a heck of a lot of fun.
Today was a neat day for using stuff in the incomplete state that it exists. What we are doing is just making money with a way that is good for people on any level they are on. Iteratively a consciousness manifests that builds on a foundation of success. It keeps reinforcing. People show up at any point in their transition to being rich. Everyone releases themslves to starting to make money as and when they desire. fortunately the marketplace has an abundance of items, tools and supports for everyone to be rich.
So here we go!!!!! You are going to like this.
If you want you can print up a chart from late yesterday through the end of the day and just mark it up for fun.