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Edit: To keep this accurate, I did close my entry at 99.14, watch for a minute, then re-enter at 99.13. I lost 3 ticks in the process, plus commission, but the ES needed to see where it was, and so I waited for confirmation of support. This hotel connection is very marginal, and so I keep logging back out of futures.io (formerly BMT) to reduce interference. Did not think it was significant to post my timeout at the time.
This guy is out of town, battling an infection, having to use an unreliable internet connection, working his non-trading business ventures, and still trading. Day trading, too. That's focus.
I have noticed a very distinct difference between my trading with 2 to 4 monitors at 24" versus trading with one 17" laptop. I am reduced to fewer charts, and what charts I do have are much smaller, so the change seems to alter both my perception and my comfort level. And, the known issues with reliability added to the shift. For the past couple days I traded in a sort of hybrid style between scalping and what I typicaly do.
The best entry I made was the one for 8 ticks, where I had to call my broker to flatten me. When they answered I did not even ask where I was. I said "account xxxx, please flatten me at market". When I can't see, I just want out.
But, it was a magnificent trade that could have been. Support held to the TICK today. If I could nail that type of chart analysis every day I could rival the tax returns of Mitt Romney
But, what would you do with $40 mil a year anyway? I don't think I could spend money that fast...
Focus is a nice way to put it. lol. My workoholism started in my mid twenties, and it does not seem to matter what the topic is. But, of all the obsessions I have enjoyed, trading seems to win by a long shot. I don't know if you caught the post about "visceral", but I believe Deucalion is onto something. To me it was normal to work 7 days a week, 80 hours+, even when I did not have to. But the current that runs in the background is much more dominant in regards to trading than to past or other current goals. Maybe it is the raw element. I'm not a confrontational guy (vegetarian, peacemonger, treehugger). Maybe this is my private colliseum, where I am doing something good for myself and my wife, meanwhile it is a bit edgier.
I was heavily involved in real estate development, to the point that the risk may have kept many out, but to me it was just calculated risk. Maybe this is my revenge on that. I was driving recently and a thought popped in my head, "are all my trades revenge trades?" But from a more subtle and controlled and calculating perspective? Not operating out of anger and adrenaline, but out of drive and purpose.
I learned a big lesson from having 20 million in real estate loans. Risk starts with a very large capital R. And, leverage is great, as long as you are on the right side of it. But it is no fun to be stuck when it turns on you. Try having 20% down when the market falls 50% of the total. But, in that instance, you could not get out. Same mechanics though.
LOL.....damn it Jameson, I was feeling pretty smug about my scraps yesterday, until that little bit
Gary, why you gotta make us look like amateurs
Anyway, I wish CL would just get on with that stupid inverse HNS and break already towards the final wave, I am tired of seeing that sitting there and not breaking for all this time....Same for the darn 6E, I see that blow off sitting there....and its been there for ages......