Back to the Future – My Freewheeling Journal

Coldplay (Viva la vida). They stole this one and now we are having it back! Go Joe.

@680... Sma50 on H1. Scaling out again!

surfing the waves..
simply exquisite

I won't take Friday off too early today..

because you feel the tempo,
I used to despise DAX and everything else that's tradable

but now that I'm starting to feel some rhythm I'm growing to like everything that's tradable but DAX has to be "the one" and only

In one of my posts on TAF, during this fti's long absence, I wrote:

Ed Seykota.
"Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing money."
Jupiter
"Winner or Loser, everybody gets what they want out of TAF thread..."

At a first sight, in reading this wonderful and amazing thread you can see, say, like two different inclinations...
Which fti do you prefer? (do you want to see... do you feel nearer to you and your personality...and so on)
the aggressive, heroic, muscular, big pocket one...
(high skew, strong pyramiding turns, sometimes averaging... the one that moves the market with an entry! Like Jesse used to do!)
or the Zen master, reflexive, profound, sensible and sensitive?
What do you want to get out of this thread? What kind of trader do you want to be?
Find always a balance.
And fight always in the proper, right direction.

The above was my own very thought... I took the courage to write it down, full of respect and reverence, as an humble contribution to the general growth.
Please... take a minute of your time, I pray, and try to get the profound sense of these quotes that fti cited in some of his posts...
> No clinging.
> Attachment is the root of suffering.
> To be profitable you must to be generous.

I don't teach anything. I have nothing to teach. And I have nothing to sell, I'm not opening a Blog.
I'm only inviting to reflect on some –selected- fti posts.
He is the Teacher by mentoring (“Fill in my sketch by yourself!”, he said... “Don't be like me. Be better than me...”)
Study and study again. Try. Fail better and better. Study again.
Knowledge is power.

Quoting pdym

Disliked

FTI once stated that there are some people that will never learn coz they own brain.

Ignored

Yes, we are just human...
We have an Ego.
We have a brain.
We have emotions.
We think too much... we want too much... we are too much!

I can't eliminate these things... they are me! Part of myself.
But the great lesson of fti is that... now, we all know the truth.

Tom Dante. This has been already published on FF... but it always worth reading.

"Welcome to the hardest game in the world.
Unfortunately, you're playing with some of the sharpest, fastest, most intelligent, well informed, stubbornly irrational
and in many cases, unethical minds in the world.
You're up against:...
The computer that can react faster than you.
The trader who has more experience than you.
The fund that has more money than you.
The insider that has more information than you.
The others that will misinform you.
The inner voice that will do its best to undo you.
So, leave all your dreams of making quick and easy money, behind.
The first aim is survival. Your absolute first goal is to learn how to stay in the game.
You can only do this.... By mapping the territory.
By understanding how the enemy thinks and acts.
By having a solid game plan.
And by picking your battles very, very carefully.
Ready to play?"

Yesterday, as a practical demonstration, I scientifically followed my surfing the wave down.
Those were my true emotions!
I can't eliminate them... but:

- I can remind to myself which could be the target of an aggressive Stop Hunting sweep....!!!
- I can remind to myself to breath...!!! (And that is fantastic... it's oxygen for your brain!)
- I can let myself to have a moment of controlled euphoria (I Love Mummy, Viva la vida and If I Could Fly...)
- I can let myself hearing Gann telling me: "Move your stop... follow the swings!"!
...etcetera

Be yourself. Try to understand yourself: strength and weakness. And work on them.
Remember, maybe you could need to be a bit more distant from the price (just a bit longer TF...)
I, me, myself... I need to be in clangor of the battle! Smoke and blood and scream. It's my damned temperament that I try to mitigate!

So don't blame yourself (too much, ROFL )
But, above all, don't blame the woman... Lady Market (in our not-politically-correct macho lingo!)
There is no woman to blame.

With all my respect and only with fraternal intentions...
If we want really to learn to Trade (capital letter), trying to follow and apply the Classic Rules..., we need a clearly Trending instrument.
DAX is perfect.
So technical, low spread, good volatily and liquidity... controllable wilderness.
My suggestion is to stay with this Lady. And then return to beat the Eurodollar (and the other kingdoms) with more conscience.

My trading results soared high and swiftly when I started to frequent this beautiful Lady.
Of course if you let her to entrap you on the wrong side of the movement... she will squeeze you! Happily.

Books.
These days I'm re-reading:
- Joe Ross: Trading by the book.
- Caitlin Zaloom: Out of the Pits.

couldn't agree more although I'm by all no means not at your level of surfing the waves
DAX has been an exceptionally good teacher !

Another day on the Markets is here.
JSS... (The Walking Dead!)

JUST SURVIVE SOMEHOW... and if possible with some profit!

Take a deep breath
Calm down !
5 minutes to go.

Sometimes when I'm in a trade or just out of it my mind just goes blank I don't know if did or does happen to you from time to time ?
How do you re orient ?

Friday... NFP!

after yesterday do not have marigin to trade dax buehhe with my broker well sun tzu if resources are lost you can not do shit

Good morning.
And now we can try to understand... the continuation. Tell me. Mum? What direction?

Oh, yes.
And it is a pure tragedy! Nightmare!
(Think that moreover I have a certain age... )

... I simply go away from my desk!

... On my desk I have this Post-it Note: "(Try to) STAY ON THE RIGHT SIDE. Don't be an hero!"

And in this very moment, trying to trade a correction in the NOW!... I'm watching those words attentively!
My stop is well in place... I controlled and checked it again!

Where are the Bulls? I scale out... banking some. No adds-on.