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Plan the Trade

  • #9,061
  • Nov 14, 2018 4:20pm Nov 14, 2018 4:20pm
Ispring is very simple to use and upload to youtube
  • #9,062
  • Nov 14, 2018 4:52pm Nov 14, 2018 4:52pm
Quoting hilmy83
{quote} i appreciate the post, but putting up chart with cute little arrows after the fact is just so old school. we need to encourage videos and livestream so that we can learn more about how everyone execute and see the market. I think people can agree seeing harold's videos vs just reading his posts about how to trade is so much different. you actually see the minor details that posts don't capture. i guess what i'm saying is, these posts annoy me. not so much because of the content, but because it's after the fact that we don't see the action...
LOL! I watch your live streams. I have learned absolutely nothing about how you trade. You play annoying music or video games or just video's in general. You chat occasionally. You very seldom even talk. You don't even show on your live streams exactly how you are choosing your entries and exits. That is displayed on another screen. Every once in a while you will put VWAP on the screen but only for a few minutes. You talk about wanting to help others yet your signature says "I trade so I can take your money away". How is that helping?

Jus sayin' No offense young buck.

Fact is, no amount of video's or live streams or posts in a forum will ever shift the fact that most will fail at day trading. Most will fail at business. Most will fail at a bunch of things. You or anyone else in the world will not change that fact. If I made a video showing everything step by step in minute detail and gave away a check list, over 90% would still get it wrong. You cannot teach the psychology of this game. You cannot change the fact that most will see the negative and miss almost all of the positive.

Why will most fail? Because they believe that they can read a forum, watch a video and then get rich overnight. They don't want to hear about the 16 hours a day 7 days a week that you put in to get good at trading. The getting up at 1 am to trade before going to a job for 10-12 hours. None of that matters to many people. We live in a microwave society that wants everything in 3 minutes or less. People want someone to TELL them go long, go short or get out. That way when they fail they can blame someone other than themselves for their failure. Sounds harsh but it is fact. It's the reason so many trading chat rooms are so popular. Most people would rather buy the latest video game and play it instead of spending every free minute they have analyzing charts (even on the weekends) to improve their trading. I put my time in, now I trade full time. Catch me if you can young buck.
  • #9,063
  • Nov 14, 2018 4:58pm Nov 14, 2018 4:58pm
From the rock can you smell what magnum is cooking
  • #9,064
  • Nov 14, 2018 5:05pm Nov 14, 2018 5:05pm
Quoting Divergence
Vee you might be your worst enemy
I AM absolutely my own worst enemy :-(
Staying in my lane...
  • #9,065
  • Nov 14, 2018 5:16pm Nov 14, 2018 5:16pm
Quoting VEEFX
{quote} I AM absolutely my own worst enemy :-(
If you kill the enemy who's left?
  • #9,066
  • Nov 14, 2018 5:23pm Nov 14, 2018 5:23pm
Quoting magnumfreak
{quote} LOL! I watch your live streams. I have learned absolutely nothing about how you trade. You play annoying music or video games or just video's in general. You chat occasionally. You very seldom even talk. You don't even show on your live streams exactly how you are choosing your entries and exits. That is displayed on another screen. Every once in a while you will put VWAP on the screen but only for a few minutes. You talk about wanting to help others yet your signature says "I trade so I can take your money away". How is that helping? Jus...
my youtube intro is pretty clear to the purpose of the streams/videos. to share my trading journey and gameplays. i'm not an educator, but i do explain from time to time why i'm entering in the chat livestream. i keep my my stream chart clean cause i don't want hide the execution and order lines. and dont' tell me that showing how i execute my trades and following rules without tilting is not helping. many times i've had a losing session, and coming back profitable by maintaning my size and just execute. i show winning days and i show losing days. That's a lesson in proper trading mindset if anything else-the very thing you're just talking about now.

funny thing is, you posted a long post about this strategy you claimed you use and vee suggested a video, and you backed down? why? what's the issue? i'm not calling you out, i'm just saying, post a video and maybe explanation here and there on how it works in REAL time. i mean, am i crazy to propose this. no need to bash my videos cause you aint got the balls to lay it out..

ps. don't even start about putting down playing the latest video games...playing video games actually help in trading if you think about it.
  • #9,067
  • Nov 14, 2018 5:23pm Nov 14, 2018 5:23pm
Quoting magnumfreak
{quote} LOL! I watch your live streams. I have learned absolutely nothing about how you trade. You play annoying music or video games or just video's in general. You chat occasionally. You very seldom even talk. You don't even show on your live streams exactly how you are choosing your entries and exits. That is displayed on another screen. Every once in a while you will put VWAP on the screen but only for a few minutes. You talk about wanting to help others yet your signature says "I trade so I can take your money away". How is that helping? Jus...
Amen!
  • #9,068
  • Nov 14, 2018 5:27pm Nov 14, 2018 5:27pm
Quoting Divergence
Ispring is very simple to use and upload to youtube
tested it out. i actually don't like how it can't exclude a tab or something. i mean you can see everything i do on the computer while recording...

there are some things we need to keep private...
  • #9,069
  • Nov 14, 2018 5:38pm Nov 14, 2018 5:38pm
Don't know what you mean you show only the chart nothing else
  • #9,070
  • Nov 14, 2018 5:53pm Nov 14, 2018 5:53pm
Quoting Divergence
Don't know what you mean you show only the chart nothing else
it's just that it's a screen capture. doesn't give options for specific windows or tabs. i don't stare at charts all session, it's mostly first few minutes every hour..

i guess i could cut most of it, but seems little bit counterproductive..oh well
  • #9,071
  • Nov 14, 2018 5:55pm Nov 14, 2018 5:55pm
You press the red button to pause then press when your about to enter trade easy peesy
  • #9,072
  • Nov 15, 2018 2:25am Nov 15, 2018 2:25am
There have been a lot of different tactics brought to this thread recently. What is interesting to me, is just how long they last before the realisation sets in...

There is NO shortcut. There is NO easy way to beating the market. Simple, yes, but never easy.

Everything that you need to be concentrating on is supplied time and time over by Harold (aka Divergence) and with slight tweaks along the way, (my channel lines coinciding with pullback to prior demand in line with trend etc).

Yes i view the charts and PA in general with an EW view, but that is because i started learning that about 7 or 8 years ago.

I am glad to see that some of the big LOSING days have come along in demo mode, before any real damage is done.

The market goes through many different phases, thus what works one minute, wont the next. The answer is to stick to something that is tried and tested. Harold trades this to perfection. My system or method also came to the same conclusion. Determine trend, trade the pullback. 123, trigger, retrace. Don't over-complicate things.
Stoplosses are a MUST, either preset, or just above/below point 3 of the prior 123.

Auto limits/stoplosses are discretionary. Mine are tiny when using channel lines, because it only takes 2 or 3 ticks to bust the channel, but that will be a temporary way for me to get into LIVE trades. Once i'm up and away, i will likely free up somewhat and take more trades. At the moment, channel line trading requires massive discipline and more screen time.

Once again, thanks for the well wishes recently. I wasn't sure about updating my personal life, but what the hell, this is one big family, right?!

The analysis came back from neurosurgeons in the UK. I was diagnosed with an 'aggressive' brain tumour, which bled into my brain. By all counts, i was lucky that no permanent damage was done. Two separate neurologists told me that i will need an operation urgently. I decided to go against this advice and started treating myself naturally.

Health and nutrition has been a passion of mine for the last three years, but it's bloody difficult going against the advice of professionals. Still, i believe they view things very differently to me. They generally cure the symptoms and not the cause.

I knew that i was taking a risk, but i've been hitting this thing relentlessly with everything that i know and learnt. A list as long as your arm. Two months later my headaches are all but gone and my second scan, recently showed that the overall dimensions of the main mass are now merely 25% of it's original size and the fluid (blood) has largely dispersed. Good news, but it's difficult to know what is working and what isn't. It could easily reverse, if i change diet and/or stop taking some of the nutrients that i have been etc.

I am not out of the woods yet and wont be re-introducing any stress from Live trading until this thing is completely gone, but i hope to be all clear after another couple of months.

Anyway, apologies for the off topic, but wanted to point out the one thing that is obvious about all of this - Trading is a serious game, money to be won and lost, (mostly the latter!), but NOTHING is more important than your health.

So, let's see some trades being planned & executed, along with screen shots and lot's of green results.

Good luck all.

CG
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
  • #9,073
  • Nov 15, 2018 2:37am Nov 15, 2018 2:37am
Quoting stt
{quote} Tbey did go after individual trader blaming him for flash crash in 2011... Be careful https://www.reuters.com/article/us-u...0NC21220150422

That was the last account that i blew, I was long all the way and i vividly remember that day - all the lines on my screen bunched up to fit them all on as it crashed. I watched in bewilderment as my positions all got closed and PA simply didn't stop going down and down.

By the close of play, the bounce back was well underway and my positions would not have looked too bad , but it was too late. The money was already gone.

That was when i realised the absolute necessity of tight stops.

https://www.zerohedge.com/article/pa...ng-sp-500-pits

I even kept this bookmarked. Listen to the fist couple of minutes after open using the link in the article. Mental!
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
  • #9,074
  • Nov 15, 2018 3:07am Nov 15, 2018 3:07am
no trading later today
Attached Image (click to enlarge)
Click to Enlarge Name: untitled.png Size: 156 KB
on a postive roll...
  • #9,075
  • Nov 15, 2018 3:38am Nov 15, 2018 3:38am
Quoting The Cableguy
There have been a lot of different tactics brought to this thread recently. What is interesting to me, is just how long they last before the realisation sets in... There is NO shortcut. There is NO easy way to beating the market. Simple, yes, but never easy. Everything that you need to be concentrating on is supplied time and time over by Harold (aka Divergence) and with slight tweaks along the way, (my channel lines coinciding with pullback to prior demand in line with trend etc). Yes i view the charts and PA in general with an EW view, but that...
My wife had her benign tumor removed last year in Kings college hospital. Amazing team of neurosurgeons.
Hope you will be recovering completely from your health issues.
on a postive roll...
  • #9,076
  • Nov 15, 2018 6:39am Nov 15, 2018 6:39am
Quoting The Cableguy
There have been a lot of different tactics brought to this thread recently. What is interesting to me, is just how long they last before the realisation sets in... There is NO shortcut. There is NO easy way to beating the market. Simple, yes, but never easy. Everything that you need to be concentrating on is supplied time and time over by Harold (aka Divergence) and with slight tweaks along the way, (my channel lines coinciding with pullback to prior demand in line with trend etc). Yes i view the charts and PA in general with an EW view, but that...
Please be careful and keep having regular check ups. Apart from that -to use an old phrase, " Don't let the buggers get you down."
every Saint has a past. Every Sinner has a Future
  • #9,077
  • Nov 15, 2018 7:38am Nov 15, 2018 7:38am
Quoting The Cableguy
There have been a lot of different tactics brought to this thread recently. What is interesting to me, is just how long they last before the realisation sets in... There is NO shortcut. There is NO easy way to beating the market. Simple, yes, but never easy. Everything that you need to be concentrating on is supplied time and time over by Harold (aka Divergence) and with slight tweaks along the way, (my channel lines coinciding with pullback to prior demand in line with trend etc). Yes i view the charts and PA in general with an EW view, but that...
i'm also a firm believer that natural foods and good mental attitude with a bit of physical exertion are keys to good health. This is why i avoid flu shots and otc drugs to treat ailments. But at the same time, i would've keep my options open when it comes to more serious issues. so i'm surprised that you went against your doc on this but give full respect to your decision.

get well soon. the market aint going anywhere..
  • #9,078
  • Nov 15, 2018 9:07am Nov 15, 2018 9:07am
Hello, my first trade on Nasdaq... m1 sorry . +53
Attached Image
  • #9,079
  • Nov 15, 2018 9:20am Nov 15, 2018 9:20am
I am a great admirer of the work done in this thread ...
and I wanted to try directly the reactions of this Lady that I do not have the pleasure to know as well as you.
Sorry if I have disturbed, in any way, your narration.
  • #9,080
  • Nov 15, 2018 9:24am Nov 15, 2018 9:24am
Quoting Jupiter
Hello, my first trade on Nasdaq... m1 sorry . +53 {image}
what platform is that?
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