DislikedWould be happy if I'm allowed to take part in your discussions here from time to timeIgnored
Why of course, and I would be very honored
I am off to bed now, so good trading to you!
Twitch Journal - Live Journal 4 replies
Another Trading Journal - Yuhu's Journal 16 replies
My Personal journal up 18% in 2 months going to start a journal 8 replies
Newbie Factory Journal 12 replies
Trading Diary/Journal 5 replies
1) Thinks for themselves and uses common sense to guide them (sometimes we may screw up in the common sense department, but if most of the time we have it, that's good enough, lol)
2) Somewhat disciplined in thinking and actions (I say "somewhat" because we're not all 100% perfect in this department either, but disciplined enough to the point that we make a conscious effort to stick to our guidelines/rules/whatever-you-want-to-call-it).
3) Good philosophies in both life and trading.
4) Treats people respectfully (except when we're whipping each other and joking, of course, lol).
5) Open-minded and accepting of other points of view.
6) Seems honest and has integrity.
7) What they say makes sense (at least most of the time, anyway, cuz we all have our moments of dufusness, lol).
8) Doesn't put blame on others/other factors if things not going their way.
9) Trades for survival and not for the thrill-of-the-hunt (basically, trades responsibly (for their bread-n-butter), and not out of addiction/challenge/revenge/etc.).
10) Keeps a cool head, doesn't get angry when things going wrong (these type emotions will lead to self-destruction - both health-wise and book-wise).
11) Uses sound and responsible Money Management. This includes cutting/limiting their losses and not risking more than they can afford to lose.
12) Takes feedback/constructive-criticism well and at least willing to step outside themselves to look at the feedback objectively.
13) Makes an effort to tame their scorpions/demons to not repeat mistakes over-and-over again. Stubbornness is not a virtue, lol.
14) Has a certain degree of consistency to their trading results (this one is a little harder to see for sure, because we can only judge by what one is willing to disclose, however we must give them the benefit of the doubt).
15) Is focused on being/becoming a "disciplined" Trader rather than an "emotional" Trader.
16) Takes care of their health, spends quality time with their family and doesn't make trading their only passion in life (cuz, that's when it becomes an addiction, lol).
17) Believes in the "possibles'!! lol
Disliked(...)I tested and tested, and rewrote and rewrote, and tested and tested again (remember, it's not my intelligence, it's my fortitude, lol), many various SMA/WMAs and this one seemed to work out the best.
(...)Ignored
QuoteDislikedThe RED and BLUE arrows are Entry points, and the SILVERISH arrows are Exits.
I have two scripts used for this chart. One is used for the Entry/Exit of a trade and the other plots the Daily High/Low and Close. The latter will plot the H/L in GREEN if the Daily candle closed LONG and will plot the H/L in RED, if closed SHORT. The YELLOW line is the CLOSE.
QuoteDislikedFor my manual/discretionary trading, I found that to see where the Close is in relation to the H/L, etc. just helps give me a better overall picture and scope. For example, where the Close is compared to the H/L (if on the upper half or lower half between the two), and whether the PA breaks it and stays above it or below it (same goes for the midpoint of the H/L which is not plotted but can be eyeballed easy enough), also gives me a little more confirmation on the "possible" direction to the PA.
DislikedHi Leigh,
I don't know if this is of any help, but I think it is not the quantity of tests that matters most, but the quality of reasoning behind them. I know you do this very well. Beware of "overtesting". The possibilities are infinite and there is no processing power in the universe to scan them all. And we could easily get lost in front of mountains of numbers, tables, charts, notes, signals, spreadsheets, etc...Ignored
Quoting JairoDislikedSorry to say you did not convince me. I still think I am a bad trader.Ignored
DislikedI have not seen your logic yet...When do you enter? When do you exit?...Do I understand you correctly? If so, your program is very easy to write.Ignored
QuoteDislikedI can't, I'm too old already, lol. Some of you guys are younger, so you can maybe handle that, but not me, lol.
DislikedOld?....Age is only in the spirit....With age, some people learn to transform energy into wisdom...I believe you are one of them..I am 53.
Good night.Ignored
DislikedIf your "baby" fails miserably, then I will remove my vouch for you, and if I fail in my method miserably, then you remove your vouch for me ... is that a deal?Ignored
DislikedluSan ... I want to be honest with you, the only reason I am not yet giving you a vouch, is because I feel you still trade very emotionally. You may fit most of my above vouch criteria, but the emotional part is a huge one for me. Mainly because of how it leads to self-destruction and destroys people/books.Ignored
QuoteDislikedI just fear that your emotions will end up hurting your book someday.
QuoteDislikedbecause you are no longer earning income from a job that can replace what loss you may incur with your book..
Quoting luSanDislikedThe trader mindset became erratic after the "entry error"Ignored
Quoting luSanDislikedthen I felt the "vengance feeling" creaping in like quiet thief...I panickedIgnored
Quoting luSanDislikedboredoom too...so not a sharp mindset...PA chasing behaviorIgnored
Quoting ftiDislikedAbout seniority, in the markets, its dependent on book performance not in years of service.Ignored
Dislikedi came here by Lusan comments in TAF lounge...
Just wanted to drop by and say Hi... i am sure we have never contacted but i have been a silent reader for a while... i will just be here and just watch around...
V
PS: this was my 300 post on your thread lol....Ignored
DislikedI think we (both) will not let it go so easily. Scripts may be fixed and we can try again, can't we? Stubbornness may be converted into the virtue of perseverance..Ignored
QuoteDislikedUnfortunately, it's not an easy task to not let our emotions control our mindset, but I believe that when we can reach that point, we will hurt our books less and be consistent in profitability in the long-run. There are many great Traders out there doing that, because they have the proper mindset and do not let emotions run their trades.
Dislikednotice that I wrap up my trades almost inmediately when that happens...Ignored