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  • #1,461
  • Mar 12, 2019 9:40am Mar 12, 2019 9:40am
Quoting hilmy83
{quote} So i was switching back and forth between NQH and NQM contracts on tradingview for analysis and forgot to switch back to NQM contract when i started streaming. In the middle of the stream, I was like, why is the sierra NQM chart not showing my US trades? The NQH still looks pretty liquid so i didn't notice any difference. Will upload the stream video in a bit once it's done processing live and learn to CHECK YOUR DAMN CHARTS! +$1405 {image}
+$1065

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https://www.youtube.com/watch?v=IHoiCKtE2eE
  • #1,462
  • Mar 12, 2019 10:49am Mar 12, 2019 10:49am
i'm so bored

i'm browsing this stupid forum and nothing is exciting. No new information that i already don't know. Scammers aren't even that creative anymore. Just endless boring ass repetitive charts and analysis.

Even doing my daily pnl which was pretty interesting few months ago with the streams and all that, now it's like, why am i doing this shit lol. This whole thread is pointless.

Even gaming is getting kind of old...

End up doing the damn cube.

https://www.youtube.com/watch?v=JT1nR2gVr_o
  • #1,463
  • Mar 12, 2019 11:33am Mar 12, 2019 11:33am
Two of these scenarios represent my wife's reaction if some lady knock on the door...

https://www.youtube.com/watch?v=Fb6SsT8sDi4
  • #1,464
  • Mar 12, 2019 11:36am Mar 12, 2019 11:36am
There is this thing that normal people do called "work". It does this amazing thing of making you appreciate your spare time. And no, waiting for trade opportunities and watching/hoping the DD to dry up isn't called work.
  • #1,465
  • Edited 12:00pm Mar 12, 2019 11:36am | Edited 12:00pm
Quoting hilmy83
Two of these scenarios represent my wife's reaction if some lady knock on the door... https://www.youtube.com/watch?v=Fb6SsT8sDi4

LOL dam dude you are bored.........LOL
Live today like theres no tomorrow-- Prioritize like you will die today
  • #1,466
  • Mar 12, 2019 11:51am Mar 12, 2019 11:51am
Quoting OutThere
There is this thing that normal people do called "work". It does this amazing thing of making you appreciate your spare time. And no, waiting for trade opportunities and watching/hoping the DD to dry up isn't called work.
fine, i'll go to work
  • #1,467
  • Mar 12, 2019 12:49pm Mar 12, 2019 12:49pm
Quoting hilmy83
{quote} fine, i'll go to work
Last year I took 3 months off to trade at home. The novelty of not having to work disappeared after the first few weeks. I was so bored that I was pacing back n forth in my living room. I was kinda tied to home because I had to watch my trades. Then I decided to go for walks but walking aimlessly in the neighborhood was boring too. So I started visiting this fairly large thrift store 30 minutes of walking away from home. After 3rd or 4th visit, I realized I was looking at the same junk over and over. Worse yet, I started to recognize the same old retired guys who had nothing to do but go for walks with the thrift store as their destination. On top of that, I was a sleep deprived zombie and couldn't tell the difference between early mornings and late afternoons. I started to envy all the people hustling and bustling with their work. They looked like they had a purpose to their lives.
Luckily or unluckily, I blew my account after 3 months and had to go back to work. The old 9 to 5 that I was hoping to get away from looked so sweet and desirable then.
If I ever go full time trading again, a plan to occupy my time to do something productive will be just as important as any successful trading plan for me. Can't do one without another.
  • #1,468
  • Mar 12, 2019 1:20pm Mar 12, 2019 1:20pm
Quoting OutThere
{quote} Last year I took 3 months off to trade at home. The novelty of not having to work disappeared after the first few weeks. I was so bored that I was pacing back n forth in my living room. I was kinda tied to home because I had to watch my trades. Then I decided to go for walks but walking aimlessly in the neighborhood was boring too. So I started visiting this fairly large thrift store 30 minutes of walking away from home. After 3rd or 4th visit, I realized I was looking at the same junk over and over. Worse yet, I started to recognize the...
dang, 3 months before blowout? well at least you're at where you want to be

Personally i can trade full time if i want to. But that lady that lives in my house have seen the swings of my prior trading so she's not happy if i do that anytime soon.
But I kind of doing it now. My work is super flexible (most times i just sit at my desk browsing internet). Some weeks i travel, and that's when i usually work the most.

But on those work days where i don't feel like going to work, i just stay home (i have a boss who's a remote location). After US session trading which usually ends after 1-2 hours (sometimes in 10 minutes like today), I try to fill my time with more useless browsing or gaming. But these things get super boring

I hate doing stuff outdoors for the most part. So no fishing, or hunting. Walk in the park? hell no. I'm in my mid 30s, so cant even hang with friends my age cause they work!

There's nothing glamorous about full time trading lifestyle on its own...it's all propaganda..

If i was single, then it would've been A WHOLE DIFFERENT STORY. I mean i'd pick a cheap ass place to live like thailand..and live life. But with the wife and kids in school, options are limited for an outlet during the weekdays...
  • #1,469
  • Mar 12, 2019 1:26pm Mar 12, 2019 1:26pm
why not do things with wife
  • #1,470
  • Mar 12, 2019 1:36pm Mar 12, 2019 1:36pm
Quoting Divergence
why not do things with wife
she's a career woman. got her masters works at top healthcare insurance company. she's home 1-2days during the weekday. Sometimes we go for bubble tea runs or those tuesday flicks. that's pretty much it

other than that, we keep to ourselves lol
  • #1,471
  • Mar 12, 2019 1:46pm Mar 12, 2019 1:46pm
Quoting hilmy83
{quote} she's a career woman. got her masters works at top healthcare insurance company. she's home 1-2days during the weekday. Sometimes we go for bubble tea runs or those tuesday flicks. that's pretty much it other than that, we keep to ourselves lol
well life does have its boring parts we aint kids anymore other than trading repetitive things do get boring helping others might be an alternative
  • #1,472
  • Mar 12, 2019 1:50pm Mar 12, 2019 1:50pm
Quoting hilmy83
{quote} dang, 3 months before blowout? well at least you're at where you want to be Personally i can trade full time if i want to. But that lady that lives in my house have seen the swings of my prior trading so she's not happy if i do that anytime soon. But I kind of doing it now. My work is super flexible (most times i just sit at my desk browsing internet). Some weeks i travel, and that's when i usually work the most. But on those work days where i don't feel like going to work, i just stay home (i have a boss who's a remote location). After...
I'm older than you are (over 50), and I can relate to what you wrote about the trading lifestyle. I work a full time job, and like you and VEE, I have goal oriented duties rather than task oriented duties. I to often sit at my desk and trade, or watch videos on YouTube related to trading. I find that the trader lifestyle is isolating. Most people do not know what you are doing, and you find yourself time rich when most of the world is not. Not even in their 50's, so I can not imagine what it is like in your 30's. I find it is not really good to break free of the rat race when everyone you know is a rat. I will retire to an island in the pacific soon enough, but even then, the only thing I can do is teach others and try to avoid envy.
If you are good at something, never do it for free--Joker
  • #1,473
  • Mar 12, 2019 3:10pm Mar 12, 2019 3:10pm
Quoting hilmy83
{quote} dang, 3 months before blowout? well at least you're at where you want to be ..
It actually happened around this time last year. On March 16th I had a 40% gain and then there was the weekend and right off the bat upon market opening I started going into DD. Nothing really big was happening but the Achilles heel of my system was hit. I didn't know I had that spot before then. I didn't want to do anything drastic like hedging or losing the gains so I kept watching and watching ready to hedge and I was overtired, sleepy and kept dozing off at the computer. Finally I decided to take a 15 minute power nap and 3 hours later when I woke up in panic, my account had got MC'd and was down to 30% of it's original size. The next couple of days I blew the rest on revenge trading. It's like you build a beautiful sand castle by the beach and it takes only a wave to melt it all back to just sand. Nowadays I build my castles out of cement but even cement can't withstand a tsunami sometimes.
Today I can work and trade at the same time. Yes I wish I could go back in time. I thought I was really smart back then but now that I am even smarter , I am also more humble and more careful.
  • #1,474
  • Mar 12, 2019 3:48pm Mar 12, 2019 3:48pm
Quoting OutThere
{quote} Last year I took 3 months off to trade at home. The novelty of not having to work disappeared after the first few weeks. I was so bored that I was pacing back n forth in my living room. I was kinda tied to home because I had to watch my trades. Then I decided to go for walks but walking aimlessly in the neighborhood was boring too. So I started visiting this fairly large thrift store 30 minutes of walking away from home. After 3rd or 4th visit, I realized I was looking at the same junk over and over. Worse yet, I started to recognize the...
lol done allthat walkings around. played lots of golf too.

since i started full time trading around 5 years ago, i missed the office space and being around others, doing performance reviews, surviving through the office politics, watching hot chicks in office and who is sleeping with who etc.

I have my own office at home (40sqm) which i dedicate to full time work. no kids allowed in. big screen TV, sofa, desk, table. its a cool environment to trade and research.

to break the boredom and routine, i do some gardening, DIY stuff, travel to nearby countries on airbnb and work from my laptop.

Everything have an advantage and disadvantage. working full time with no Plan B is a motivation to make it, to survive. Having plan B iz a hindrance to successful trading.
  • #1,475
  • Mar 12, 2019 4:52pm Mar 12, 2019 4:52pm
Quoting OutThere
{quote} It actually happened around this time last year. On March 16th I had a 40% gain and then there was the weekend and right off the bat upon market opening I started going into DD. Nothing really big was happening but the Achilles heel of my system was hit. I didn't know I had that spot before then. I didn't want to do anything drastic like hedging or losing the gains so I kept watching and watching ready to hedge and I was overtired, sleepy and kept dozing off at the computer. Finally I decided to take a 15 minute power nap and 3 hours later...
it's funny, this is the second story this week i read about how revenge+fatigue lead to tilt.

that tilt is just so dangerous because regardless of where you are in your trading career, it could pop up. It could be days after like i saw in marinecorps or maybe 1 year when i saw profitfarmer's TE. I saw it in my own trading after almost reaching 80k on super aggressive sizing i went full crazy buying on a downtrend and end up losing almost 50% of account.

i can truly relate to fatigue response. I don't know if you feel the same way, but whenever i'm in a stressful situation (at work, school, relationship).i get "tired" and just want to sleep it off for a while. It's my natural way to dealing with stress. Well it's not that great when you have trades against you! But these things can happen at anytime to anyone!

so it's good to be reminded of that. thanks for sharing.
  • #1,476
  • Mar 13, 2019 9:57am Mar 13, 2019 9:57am
Quoting hilmy83
{quote} +$1065 {image} https://www.youtube.com/watch?v=IHoiCKtE2eE
-$1445

Had absolutely no luck in asia and eu. In asian session, misread made me miss my profitable OC. so basically anything after that was probable 50/50 or worse. So i decided to stop after the 2nd loss.

Then in eu, traded per plan, but had some interesting observations. Trading ahead of the overnight open (7237.75) is a challenge. i notice this in eu and US sessions where market tends to push to the overnight open so fading may not be a good idea; at least not in that first session hour.

also need to be more aware of developing trend

US session is a savior with nice trend pullback position buildup

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  • #1,477
  • Mar 13, 2019 10:34pm Mar 13, 2019 10:34pm
when you get filled to the last damn tick

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  • #1,478
  • Mar 14, 2019 9:40am Mar 14, 2019 9:40am
Quoting hilmy83
{quote} -$1445 Had absolutely no luck in asia and eu. In asian session, misread made me miss my profitable OC. so basically anything after that was probable 50/50 or worse. So i decided to stop after the 2nd loss. Then in eu, traded per plan, but had some interesting observations. Trading ahead of the overnight open (7237.75) is a challenge. i notice this in eu and US sessions where market tends to push to the overnight open so fading may not be a good idea; at least not in that first session hour. also need to be more aware of developing trend...
+$1870

traded 3 sessions. I figure, if you're down prior day, and each session is independent outcome, and i know my strategy have positive EV , why not take advantage of it by trading more sessions

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Asian
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EU
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US
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  • #1,479
  • Mar 15, 2019 4:12am Mar 15, 2019 4:12am
Staying up till 4am here reviewing my trades, trying to understand and improve my edge. I think i finally figured out what my edge is. But before I go into that, here are the month stats so far (inlcuding today's eu session trades):

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from the stats, it's clear my edge is not in the MFE/MAE ratio or the typical R:R. Mine is basically 1:1. I think my edge is identifying the correct current market structure. And when i'm wrong , my method allows me to identify the next structure correctly most of the time. And usually, there are oinly 2 structures in a given session. I'm rarely wrong back to back in interpreting market sentiment.

This confirms my belief that in order to profit consistently, your strategy has to be robust in that your over all strategy includes both divergence and convergence methods working together.

My tags is not fully completed yet as i'm still working on correctly categorizing the different structures. I'm curiuos to know which setups are losing more (i suspect it is one of the range setups).

the work continues...
  • #1,480
  • Edited 11:04am Mar 15, 2019 10:53am | Edited 11:04am
Quoting hilmy83
{quote} +$1870 traded 3 sessions. I figure, if you're down prior day, and each session is independent outcome, and i know my strategy have positive EV , why not take advantage of it by trading more sessions {image} Asian {image} EU {image} US {image}
-$700

Learned something about "stagnant" breakout today.Seems like when there a break and price tends to go sideways, it's best to just aim conservatively.

Gotta pay the market for this lesson

i honestly getting tired of these damn rules/quirks in each setup

I seriously feel like a pilot making sure i got all my checks in before each setup..it's crazy

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month so far..

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