The Bucking Bronco

12.100 No comment. I tried to be smarter than the market. Opinions suck.

This is how I opened my pages on FF some years ago. This is what I am meditating on.

After these years of quest, all is here: “Act on facts and not on opinions!”
All is in this W.D. Gann's lesson!
Our minds just cannot accept the reality of the market.
We try to justify with our thoughts why Price should or shouldn’t be this way or that way,
when all we really need to do is see what the market is telling us now and act on that.

Yes, I'm not perfect. What's wrong with that? Nothing. I know all my demons/scorpions.
Every day I fight to respect my Rules.
I said and I'll say it again: it took me eight years to get where I am now
and I need at least two years more to obtain the necessary discipline and mind disposition.
See you tomorrow. Be safe.

Now I'm really OK . Let see if we are able to pass 143,33! (120 my best price)

Yep.145...

"Successful traders always follow the Line of Least Resistance."

I spent the whole night thinking about the founding fathers of modern Trading.
I thought about who in 1929 recognized and accepted the Top and was able to sell.
I thought about Gann.
I thought about the Great Bear of WS,
of that Jesse Livermore who was stupidly accused of being the one responsible for the collapse,
due to his heavy selling!

I stayed on the sidelines yesterday what would I have done then at that Crash? What will I do today?
If I made 200p in countertrend how many would I have done by following this deep decline?
But above all why didn't I want to follow? Why did I refuse to admit the move?

Completely my fault. Absurdly I didn't "see" (I didn't want to see?) the clear Pattern.
I have already talked about the first LH on Carpe Diem, giving the alert.
The second LH is so evident on D1.
All my Rules and my global approach are perfectly confirmed.
The imperfection are all on the human side component: my opinions and expectations.

I'm here working on it!

Normally I play much, much better on the side of the Bulls.
This has always been so and still is today.
And it is a strong psychological problem due to interpersonal and moral/politic reasons ... Steenbarger says.

So take note even about this aspect of Trading.
(As I said, this is a serious journal!)

And... where did King Price go?
To do what?

Price went to test a Trendline. The December-May Trendline on Chart.
First result of the assault: the Trendline is still intact.

Yes... with the benefit of hindsight all it is so easy. And clear. And logic. And evident...
Before the news they went to the lower point.
Again. A classic. My fault. I'm a miserable.

Jupiter/Franco is under moral repair.

Some other traders - friends and not... - they paid and are paying brutally for their ego, too.
Through their actions, examining their behaviour we all (they included) can learn a lot.
For example:
> Someone tried to hold.
> Someone was and is still averaging down.

Discussion is open...

Back to the NOW trend. My style. Ready to jump out... and stop +1!

Don't think. Franco. Flow and accept.
Just be careful.
Possible reaction at any moment... don't press too much.

+44

Watch out... Banking. 115. Moved stop to 140 area.

This is me again. Without hallucinations. Correct mindset again.
(Maybe I have some problems due to my age... It could be, why not?)

122 OODA... first skirmish!

Patience. Counting the money already banked. Stop moved to 133

Nice... stop hit.
Correct mindset is back.
6 minutes to London.

Nice... really nice. Technical battle.
Very respectful of the fair Rules. (Up to this moment... ROFL )

Don't be worried, old Jupiter is back... making a killing again!

Banked at 150... immediately.
Stop +1 protecting my scouts.