Back to the Future – My Freewheeling Journal

nice chart and trades!

on the first arrow I can see that it breached the 12400 level but what if it did come down heavy and fast as it reached the R1 previous high, what really convinced you to take the trade ?

when I'm trading like you, entering multiple trades throughout the session I'd constantly be in fear that it might snap back and wonder if I'm doing the right thing which usually ends up closing the trade at a minor loss only to find out it did eventually went my way so for the next trade I just act like a gambler, take anything without a solid conviction. So the story ends by me overtrading/reventrading and gambling.

I'd been deceived to and hit by the mother market so many times, the fear of losing or being wrong has really set itself a comfortable refuge in my psyche which I am trying hard to get rid of as things progress but I find that sticking to 1 entry during certain time of the day may work best for me at least for now. What is this thing that I'm struggling with I can't even put a finger on maybe its my personality , maybe we're all supposed to go through this change ? I don't know but what I am sure of is that trading is a mental game as much as it's a memory game (as for memory it can also become counterproductive if you use it the other way "bias")

Yes, that's right! What if?
I know what to do... and you? (You surely will, my friend, if you try to get my point.)

This is why I'm talking about "PREPLANNED SEQUENCES"! This is (to me) the core of the fti's teachings!

Preplanned... a set of decisions (prepared in advance) about how to do something in the future.
Sequence... a series of related things and the order in which one follow the other (as in "THE DANCE SEQUENCE...!!! )

P.S.
Yes, I know very, very well that my approach is uncommon... (here on this FF! )
Please, don't try to imitate/duplicate my and dongsky's techniques without a proper understanding of the Rules. I beg you!
You are going to surely destroy your mindset and your account.
Please.

Glad you liked it.
A pleasure having you here. Please, feel like at home.

Let the Teacher talk... W.D. Gann, of course!

"A smart man cannot follow another man blindly even though the other man is right,
because you cannot have confidence and act on advice when you do not know what it is based on.
You will be able to act with confidence and make profits
when you can SEE and KNOW for YOURSELF why STOCKS should go UP or DOWN.

That is why you should study all of my rules and make up charts for yourself on the individual stocks, as well as the averages.
If you do this you will prepare yourself to act independent of the advice of others,
because you will know from Time-Tested Rules what the trend of the market should be."

Please, please... the message here is absolutely clear..
We all must reconsider our commitment.
Did you get what is there inside that "make up charts for yourself "?
If you don't see what kind of study Gann is asking you... don't trade and give it up. Frankly.

“Your life does not get better by chance, it gets better by change.” - Jim Rohn

“As you sow, so shall you reap.” - The Bible - Galatians VI

What's the sequence ?

you must "internalize" every information you have gathered through "trial and error" you slowly build up the courage to pull the trigger.

no amount of spoon-feeding will make anyone a trader , think I have my answer to the question.

The Battlefield... m5.
Strong selling pressure in D1 and H1...
What will happen in the NOW?
Who knows?
FOLLOW THE DEVELOPMENTS!

Sold @365... stop +1 offered to Mother Market.
We'll see.

EDIT: Hit!... analyzing the reaction! OODA!

Hit & Run to me... I didn't stay! (and I know why!)

Be very, very careful... in this conditions, it is always possible a "meat-grinder" formation!
(Back and forth, back and forth...)

Bought @376
Bought @380
(a bit too late, to say the truth... so I'm ready to lose)

That's it.
Ready to re-enter... if... when... etcetera!

H4 looks like we are at the edge of a cliff... just saying, no forcasting

but there is too much indecisiveness to take a real position (for me) ... just playing around a bit

Not so clear... it's a Bulls failure. But not "complete"!
I can't say more than this.
Anything is possible.
I sold @359.

Scale out immediately!!! Now eyes on 331...

That's it... right! There is the VOID downstairs... imagine the Bears what are thinking!
(and what some Banks and Funds, as well...)

Eyes on 331... calm and quiet!

EDIT: I scaled out to the minimum position.
That's the game... 50 points of profit on the table: take it or leave it. You must decide!

OK Mummy offered a level.
I took it and we will see next.