True. The question is how do you teach someone to make a shift such as this on a practical level...? My wife told me to quit smoking for years....
Over the weekend I finished reading @Hooti's journal from last year and I was really impressed with his(?) approach to the mental aspects of what...
@Hooti - I've only just come across this journal, and whilst it hasn't been posted to for quite a while I just wanted to say thanks for the...
Yes there was stress in terms of judging the state of each trade and determining the best exit. The criteria I used for that is lifted straight...
I'm just going over yesterdays posts - @dbphoenix asked what was the source of the stress that led to my decision to take 5pt profits. More for...
Cheers - thanks for that @wrbtrader. I had to do something similar as a Project / Programme Manager. The budgets would be in the millions, so...
Thanks for that great post WRBtrader. How did you go about integrating that into your daily trading? Was it difficult to interrupt and stop...
Damn - it's good to have a conversation on this forum rather than flame war isn't it?! No offence meant @Buy1Sell2 - your replies to my thread...
Thankyou for yet another considered posting dbphoenix! It is appreciated. I agree with the need to detach the ego from ones actions and...
Just stepped back in and saw this post. I've heard people mention that specific video but hadn't found it yet. Much appreciated. "trading live...
OK - this is going to cause a stir.... What I WANT is to execute consistently. I have a Trade Plan at present that calls for 5pt stops. On...
NP I added to the post above BTW. When you say you agree with Gringo that is in reference to delaying going live?
Understood. I clearly lack the ability to convey what I am thinking in my writing these days :) I am seriously regretting the reference to that...
Thanks again for this - there is some great advice here. Mark Douglas says something along the lines that great traders don't have to try to be...
Agree 100 percent. You've mentioned in the past about entries and wanting to be in the trade only if you see the buying / selling pressure coming...
Thanks for the comments all. @Gringo , thanks for the link to the video. Good stuff re: automaticity by way of small steps. Will have a look at...
Holding a trend for more and expecting a continuation is a sign of a professional. - BigHog
Any smuck can fade a trend because they ASSUME price can not go higher or lower.............thats rookie-tunes stuff - BigHog
addendum - I'll be making the switch to live trading in the next week or two. The focus will be on Mark Douglas' 20 Trade exercise to begin...
Another update - I've been demo and sim forward testing my trade plan, and have added another entry type for trending moves. Not specifically SLA...
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