The System II (Yes with irony)

To probably misquote someone "The Holy Grail is what you see in the mirror every morning"

Maybe Mr.Market is waiting for us to resolve this to start movin` again

I know Mr market, He is a big black guy in a formal suit

THINK OUTSIDE THE BOX.

FX thinks outside the box and is extremely successfull. His teaching is outside of the box.

To implement the plan we must think outside the box

well my man narberth is on fire today.. your two excellent replies deserves my shout out to you..
1st one ur correct short answer to my question and now this one.. the HG is you.. congratulations, well done my friend.
I see a star in the making.. and I belive he is newbie of our family guys.


ok.. to all,
the answer i was looking for is:
Practise Devotley...

alot of you gave pretty good answeres in the frame of the plan.. what we are looking for is a little deeper.. by going underneat the surface!!!.. you see, practise reall live trade with your money on the line will make you to reallyyyyyyy feel it... there is no substitute for it.. unless u get your hands dirty.
confidence, believing in yourself, playing accordingly, being abnormal, making true commitments, creating habit, discipline.. etc.. these are all above the surface stuff.. something got to be cooking underneath to trigger you applying all the above..
pracitsing the hell out of it by being superly active.. hands on. I hope it makes sense to you as it has to me.

I go into a little more detailsnow..
Practising activley equals to making more mistakes.. the more mistakes the closer to the mountain top.
each mistake will bounce back in your face!! and says: PLAN works.
so, this will eventually lead you to believing in the plan with all your beings.. and with such strong belief, the next timem you go at it more Diligently.. and the more diligent approch you apply the better & stronger you grow and u will creat this fearless Habit (narberth contirbution post) with Unstopable Abnormality (macdaddy contribution post).

Great job everyone..


ps) just got triggered short by the way.. lol

Short 1.4964. Fakeout situation. Playing (practicing) #2.

IMO,,, but, I think short was 4966, and here (BB) we have to apply #2G....

Triggered and faked out immediately!! will watch price closely with eject button at hand

out -8 2G+. new order waiting incase of short continuation

closed too , and short order standby at 63

Thank you fx i feel like a school kid with a gold star

It is not easy because the mind has developed its own mechanism for making decisions that one has to overcome in order to be successful at any endeavor that has risk associated with it. Macdaddy stated this brilliantly in his contribution to our success. Sticking to a plan is about rewiring the brain and its decision making process. FX has said this many times in many different ways throughout this thread. This is the reason for reading the whole thread. Trading is not about a system, its about learning a new way of making decisions. This is the real reason people fail at trading - they don't want to change the way they make decisions even when they see the possible rewards.

To be successful trading, one must learn to live with the pain of losing and the euphoria of winning and put them in the proper context as one builds a new way of making decisions.

The first attempt people seem to make to rewire the brain is based on negative reinforcement - statements like you dummy you did it again, what the f**** are you doing that for and other such statments come from this negative reinforcement paradigm. Then people go through the positive affirmation phase, phrases like - I am a great trader, I am desciplined, etc.. all in the hope that this will change the minds decision making process.

Its only after the brain has tried these methods and failed to get the desired results that a new way of making decisions can start to emerge. In my world - I created beliefs about my life when I was very young that do not serve me as I make decisions today. Yet I still have those learned belief systems that I have to overcome in my adult life. This is where the work really begins. To dig down deep into ones physchee (sic) is not easy work.

My mind right now wants to create a linear process - step 1, step 2, step 3 etc.... This is not correct. Life is not linear especially trading. I just need a place to begin.

Listen to your mind as you are in a trade - write down the chatter that is going on. Focus on the chatter and not what the market is doing.

Like right now, I just entered short at 1,4965 based on a BB setup - the first thoughts were do I really want to be in this trade, what if it goes against me, now I have to begin to make decisons about the quality of the trade. Yikes the first candle is going against me - now this thought is overcome by - play the g2 exit. Ok that works - I can relax. Whats next - if and then - again each if and then scenario is based on my fears or my greed which are based on beliefs I have about myself. So the real work is to work on the market and not on myself - I have absolutely nothing to do with the market. The first if is - if the market breaks 2 pips higher than the last candle which closed inside the level line - I am out - and will reload. Is this stretching the rule a bit - yes and it is within my defined approach to the market - gives me a chance to play a #2 exit because the runner is not on the table at the moment; expectancy, rythem, time etc... good the the last candle was small so I am still in the game barely, I will stay with my 2 pip rule as my hard exit - My finger is still on the panic button - relax at this time I have nothing to do but watch - all my thoughts about the quality of the trade are a waste of energy and mental capital - this this the hardest area for me - the stress begins to build which effects the trade down the road. Is this my only chance to get out with minimum damage or do I hold on? My if and then is if price breaks inside the level line I am out - the market is not meeting the criteria of expectancy or momentum and I am entering the realm of hope. Out at -7 that is my first trade now reload. Where do I put my next entry - below the last low a couple of pips is not going to make or break me.

The anatomy of a trade - right or wrong that is how I make my decisons today. Will they change in the future absolutely. I am now willing and excited about creating a new way of making decisions.

From this place I am now able to ask for assistance in my thinking process which if you think about it - has nothing to do with the market.

So the answer to the question is - Do what it takes to learn a new thinking process.

stopped out -14 pips above the level.

I like this post. you are spot on

ready to short at 1.4962 play 2g+

Hi guys,

I havent been writing on here much lately, been trying to carve my niche outta AUD so I can trade effectily instead of on little sleep

My answer to FX question, although late but its my answer anyways:

It is really hard to believe in oneself with failure after failure after failure, from system to system to system. I am sure many of you have come in here from the same background as me, system hoping and system failure. However, even though in the beginning I did not believe in myself today I am starting to believe a little more. My reason as to why I will stick to the plan is the reason I am believing in myself more nowdays . Because I let go and trusted in FX and Feb. I learning to trust them more as I practise more and therefore believe in myself more.

Its weird, so my answer in short, if you cannot believe in yourself, then believe in FX and forget yourself and just practice practice practice what he says and believe what he is showing you is the truth.

Remember, we stand on the shoulders of giants(FX and FEB) we dont need to be giants yet, we just need to trust them what they teaching us is the real deal.

So for me, I trust them more and more. FX gets my 100% trust. and I practice like a mofo now. I dont have weekends but sit on a backtester painstackling replaying yester years charts manually trading them for practice.

I think that made sense, if not sorry just my moldy brain rambling.

long @4988

Long from 1.4994.

mine @ 84

Exactly!!!! I am in this long too!!!!