Trading the ES live-the Brooks way

Discussion in 'Journals' started by padutrader, Aug 18, 2024.

  1. padutrader

    padutrader

    we have some poets here i see
     
    #351     Aug 22, 2024
  2. padutrader

    padutrader

    that is an oxymoron !
     
    #352     Aug 22, 2024
  3. Georgii

    Georgii

    Like I said earlier, Padu is trading for an experience, not because he's running a business with an expected profit. Thence Padu is getting exactly what he wants: lots of views on a trading forum, zero trading profits. Let's check back in 5 years and see how that's going.
     
    #353     Aug 22, 2024
  4. padutrader

    padutrader

    WTF do you know what i am doing ?

    the way you talk 99 % of losing traders are all trading for an experience!

    grow up mate...

    talk about trading this is a trading forum

    NOT A GOSSIP SITE for women

    please go to such sites you qualify.

    you are a woman.
     
    #354     Aug 22, 2024
    schizo likes this.
  5. SunTrader

    SunTrader

    That book has already been written. He's been on here since 2018.
     
    #355     Aug 22, 2024
    Georgii likes this.
  6. Georgii

    Georgii

    That's not true.

    Traders have to grow, learn, evolve. Everyone starts as a losing trader. That's just how the market works. You earn the right to make a profit, and that is done through focused work over a significant period of time.

    The difference is between those who don't do what it takes to earn the right to succeed, deluding themselves for years at times, and those who are in the process of earning their stripes and are simply going through the natural process where failure is to be expected.

    If you're in a position where you don't have to earn a living, you have a lot of time. And that means you can waste it however you choose. People who HAVE TO make a living can't afford to do that. They have to find solutions proactively, or admit defeat and move on.

    I can tell just by the way you're writing about the markets and how you are writing in general - you are ALL OVER THE PLACE. You lack FOCUS. Without focus nothing can be accomplished.

    You don't backtest. You just grasp at stuff. You throw out trading quotes just to keep the flow of the conversation. You even engage in self depreciating humor in order to elicit the 'oh no you're alright man, you just need to persist and you'll get there, we'll help you' response.

    You are trading for an experience. Not to make money.

    I'll admit this is a very difficult business because there are a lot of temptations, including from the world of vendors, and it takes a long time to cut through that if you weren't lucky to be one of the very few to either find a profitable trading mentor (who was good at teaching), or get a seat at a CTA. Such is life. Such is this endeavor.

    But given the significant amount of time you spent on this and just the nature of the way you interact with people here, it's clear that it is the experience of 'trading' (which is not really trading, more like playing an online video game) that you crave, you are not engaged in focused deliberate practice. The result is predictable.
     
    #356     Aug 22, 2024
  7. Georgii

    Georgii

    I also want to add that here you are looking for Al Brooks or whomever else to tell you what to do. As I've said before, these people are technical analysts. You won't divine any great secrets from them.

    After you accrue your technical knowledge, it is your job to ask the MARKET questions, not that of analysts or other traders. That means you analyze the MARKET. You try to find and apply a technical logic TO THE MARKET. That is how you find an edge. And you build rules around that edge.

    How can you do that? By going through A LOT of charts. By making that a skill. You do not have this skill thence you cannot have an edge, thence you cannot take profits out of the market.

    It also appears you may be someone with a very bad case of ADHD. That means you may simply not be cognitively capable of focused work. That doesn't mean you don't have other life skills but the kind of focused work you need to do for markets you seem incapable of doing.

    I'm not much good at math, so that means I won't be an options trader. It's a bad use of my brain. I also don't have an ear for fundamentals, so I don't trade that way either. I found my niche to complement how my brain works.
     
    #357     Aug 22, 2024
  8. Wide Tailz

    Wide Tailz

    Two for two, if you just reverse your buy and sell buttons! Come on do it, you know it works and now we all see it. You're sitting on The Answer, and it's between your ears, if you only do the opposite.

    :)
     
    #358     Aug 22, 2024
  9. padutrader

    padutrader

    by the way i do not read philosophers i read only traders so i have no idea what shit you have written. only thing that matters are trades.
    let us talk about trades your trades any trades sim trades
     
    #359     Aug 22, 2024
  10. padutrader

    padutrader

    i found the answer and it was not between the ears

    it was between my legs

    i scratched my balls and the answer stuck to my nails
     
    #360     Aug 22, 2024