Mindful Trading PV

Hello Everyone,

The necessary ingredients of my trading system
They're numbered in the order of conduct, in the order of importance:

1. Kindness- be kind to yourself and to others, including market itself.
2. Mind is the King – perform daily meditations of calm abiding,gratitude,visualization.
2.A. Body is the Prince - DO EXCERSISE daily. Even 15-20 minutes a day but Do It.
3. Respect world’s events – watch the reactions/emotions/sentiment towards what’s actually happening
4. A. Create a calendar of important events/economic data/fundamentals
B. Create weekly COT report (my own excel table) to see where the money is.
C. Create your statistics monthly/weekly/daily – my private way of calculation, comes at the later phase of the thread.
D. Watch price and volume (my own indicator/and approach to it)
5. Dilligence, Patience, Hardworking – three necesarry attitudes in trading and in any venture.

I believe that here we can create a community of traders less attached to an ego,
and more based on the qualities of mind itself.
I trust in the human mind kindness.
Everybody is welcome here.
The rules will follow, although all suggestions are most welcome.

Thread's Rules:
1. Kindness
2. Mind is the King
3. Respect world's events
4. To avoid confusion we need to watch the market in a parcticular way (in order of importance):
A. Fundamental/Sentiment
B. COT
C. Create your statistics monthly/weekly/daily – my private way of calculation
D. Price/Volume
5. Diligence, Patience, Hardworking - three needs.
6. This is the only way of trading here.

To be able to post here, one is kindly asked to accept the rules by a reply post ' I accept the rules'.
It is advised to subscribe to the thread as well.

If anyone feels it is not exactly his/her approach feel free to go somewhere else.
We focus on our aim and on consistency.

Warm Regards
Peace

Hey buddy, I think this has been attempted before, for similar reasons.

Davit's iron fist on his thread seems necessary to keep it from descending into madness. It will be interesting to see how this goes.

Good luck, I will follow with interest.

I respect Davit and his thread. Everyone has a right to do what he wants, especially when one is a thread founder.
I respect everybody here as long as it is strictly connected to trading. I admire right frame of mind, right attitude, right, gentle speech, costructive points.
I keep my fingers crossed for everybody with similar approach.

I like your sense of humor
And I can tell you frankly, I do it everyday.
However, as here we're focused on trading and the right attitude, especially no personal comments, as it has zero benefit in trading,
you have a chance to show yourself from a constructive point of view, I mean simply trading and the right attitude.
Our lifespan is too precious to follow such path as demonstrated by yourself.

Listening to this at least once a day brings miraculous changes

Those above belongs to my daily rotuine.
I do calming the mind meditation a few times a day. This helps to see, experience the mind nature, its main qualities which are joy, wisdom and compasion.
The second helpful step on your way to success is to plant the seeds of gratitude in your mind's soil. Only in this way one can grow and develop as a human.
Then it is crucial to visualize yourself and your goal(s) already achieved.
It is very important to work with your mind, not only that intelectual side, but with the help of meditation one works with an unconscious part of mind which actually governs our whole actions and decisions.
Only then it actually makes sense to develop as a trader.

daily open line - one has to count the difference between broker's time server and NY time, i.e. having broker server time 7 hours ahead of NY time, one has to put 7 in the inputs tab.

Look forward to learning more about your approach to trading

Everyone is kindly asked to use this template.

Calendar
https://www.investing.com/economic-calendar/
Fundamentals
https://tradingeconomics.com/
Market Sentiment
https://www.xm.com/week-ahead-us-and...release-115100

My approach to trading is simple:
1. Mind is the King
One has to work with mind because it is the root of everything what comes up in life.
2. Respect world's events
Follow calendar, market events, market sentiment, fundamentals
3. Look at the chart template
61/78 Pivots are best zones to observe the price action
4. Be diligent at your attitude
Every meaningful change takes time to materialize.

Hello !

Well I'm keen. We all lead very stressful lives, and Forex is a challenge and certainly has given me plenty of stress, but I'm still in the game and learning and growing. For me personal integrity and the understanding that civility and respect is an ESSENTIAL CRITERIA for what I will tolerate on FF, so I want to learn more about Pivots, but I also want to do it in a respectful environment. As long as this thread is respectful I'm in. I appreciate your first post stating you have no issue with Davit. Everyone has different styles and I think moderating a thread is a challenge, but as I say if we can have a positive environment to express freely alternative views and charts then that's great. The only thing i have doubts with is the thread title. Maybe "Mindful pivots " would be better as ego is not a good addition in the title ( though i believe i know why you added it)

For me personally , pivot trading has assisted my trading so far by decreasing my over trading . When using TA such as candlesticks, as we all know charts can give us conflicting info leading to chasing trades - e.g. hammer reversal then brief trend then shooting star reversal etc. By utilising patience , pivots, as well as candlesticks and ADR , and an understanding of sessions and PA during them, then we can shape and build good trades. I'm a fan of a SL, I know some aren't, but when I place a trade I have a definite plan, and if that doesn't happen then I have a SL to get out. Everyone is different. I don't have any open trades atm but I'll be trading next week. FA is a weakness of mine so I'm looking forward to improving on that

Cheers helena

Regarding FA, if anyone can recommend some good websites , ? I find FXstreet a disappointment. I'm Aussie so I subscribe to the Sydney morning Herald. I'd really like to find a good business site not too biased by their owner..

I've been using the tradingeconomics.com that MikiMax posted up, seems better than FX street to me.