Spike is here .... trade saved was about to close
Extreme gut feeling trader
Carpe diem: Intraday tactics for Dax and Dow
- #45,361
- Dec 12, 2019 11:34am Dec 12, 2019 11:34am
- Joined May 2017 | Status: Intermediate Trader | 6,412 Posts
- #45,362
- Dec 12, 2019 11:55am Dec 12, 2019 11:55am
{quote} Then if I violate rules I can be kicked outI believe in karma and competitiveness. For that reason I always keep my results to myself. If you’ve followed my posts you would know where I am positioned anyway... think I also said a few days ago I was 50x long on the Ftse from it’s bottom, shouldn’t have said that
It’s my personal belief, I would rather not get into it deeply.
It’s quite common place amongst traders. If you experience a certain amount of success, it can lead to arrogant behaviours - over confidence, superiority complexes and complacency. Unfortunately, I made some mistakes last year and I truly feel the karma gods paid me a visit to remind me that the ego is indeed a very nasty thing.
I have posted loads of entry points and outcomes. Just not my lot sizes.
Let’s stay on topic
It’s quite common place amongst traders. If you experience a certain amount of success, it can lead to arrogant behaviours - over confidence, superiority complexes and complacency. Unfortunately, I made some mistakes last year and I truly feel the karma gods paid me a visit to remind me that the ego is indeed a very nasty thing.
I have posted loads of entry points and outcomes. Just not my lot sizes.
Let’s stay on topic
- #45,365
- Dec 12, 2019 10:41pm Dec 12, 2019 10:41pm
- Joined May 2017 | Status: Intermediate Trader | 6,412 Posts
Extreme gut feeling trader
- #45,366
- Dec 13, 2019 1:15am Dec 13, 2019 1:15am
It’s my personal belief, I would rather not get into it deeply. It’s quite common place amongst traders. If you experience a certain amount of success, it can lead to arrogant behaviours - over confidence, superiority complexes and complacency. Unfortunately, I made some mistakes last year and I truly feel the karma gods paid me a visit to remind me that the ego is indeed a very nasty thing. I have posted loads of entry points and outcomes. Just not my lot sizes. Let’s stay on topic
I think the topic is DAX/DOW trading, and discussing trading beliefs is part of that. Sometime trading results do feel a little bit like Karma, or whatever you want to call it. I've had great months, only to have poor months that follow. There is a big of ego involved, but it could be just mean reversion that you mention in your technical analysis of the indices. Mean reversion affects trading performance too :-)
- #45,375
- Dec 13, 2019 2:50am Dec 13, 2019 2:50am
- Joined Jun 2009 | Status: Trader | 7,795 Posts
since i´m in a good mood, i´ll post some ta before i go to another party - againm1, h1, d1, w1, q1 charts - clean and free of levels or positions: {image} {image} {image} {image} {image} trend is bullish to me, will be interesting if monthly can close green. if so, good chances that this longest bull run and most hated rally ever can continue in 2020.
FUK YOUR >>>>BLOODY>>>> Good..stuffed if i could see it
- #45,379
- Edited 3:18pm Dec 15, 2019 7:41am | Edited 3:18pm
- | Joined May 2019 | Status: Trader | 926 Posts
Had a quick look at the COT on Finviz.
Wonder if our stats guy wants to do some testing and produce analysis?
Edit: I have reviewed the week ahead. Volatility is near its bottom again; therefore I expect a bounce and some volatility in the forthcoming week. For any newbies, when we are volatile the market will go short.
US indices are also oversold on the daily and weekly timeframes. CNN fear and greed index is at extreme greed again. Gold also looks set to continue its ascendency for a little while at least.
Wonder if our stats guy wants to do some testing and produce analysis?
Edit: I have reviewed the week ahead. Volatility is near its bottom again; therefore I expect a bounce and some volatility in the forthcoming week. For any newbies, when we are volatile the market will go short.
US indices are also oversold on the daily and weekly timeframes. CNN fear and greed index is at extreme greed again. Gold also looks set to continue its ascendency for a little while at least.
- #45,380
- Dec 16, 2019 8:43am Dec 16, 2019 8:43am
- Joined Nov 2013 | Status: Made in Germany | 19,871 Posts
fortis fortuna adiuvat