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I can't do it. I have tried it, but that is beyond my puny tolerance.
But, of the three beers I tried last night to reduce my calories, Goose Island Honker's Ale had the most flavor for the calorie punch. Plus I am only just starting to realize the potential of the name.
"It's Friday, I think I'll grab some Honkers..."
"Hey Melissa, would you mind giving me a Honker..."
Can you help answer these questions from other members on NexusFi?
One more reply to this. One thing that I do now, is that each of us carves our own niche in trading. @Big Mike with the standard comments about quit changing indicators, as one example.
To me, I have decided to learn one market, but know it inside and out. There are no magic indicators, there is personal comfort with using those indicators until it all kind of gels. I still like a 6 range on a 144 T3, that was not the reason I changed. I left it for something else because it was how the behavior fit in the frame that mattered. I wanted a new frame, for psychological reasons.
So as I look at new things, you hit the nail on the head; it only goes up or down. And I know CL. It might take me awhile to get the new layout, but I am looking for it to tell me something that I have learned, through experience, that I want to know more about.
In my way of thinking, that is different than just switching indicators.
I have found that I like to see a market in 3D, and still not abandon anything I already know. Knowledge of trading is not indicator specific in all areas, so the stop runs, spike tops and bottoms, whipsaws, ATR, momentum tendencies... all of that occurs regardless of the indicator.
So, no I never need all of them for every trade, and rarely use more than a few at a time. It just makes it easier, less hand motion, to have anything I might want to see easily accessible. I am trying to decide if I want to accomplish that through additional workspaces, or through additional monitors.
Friday was a gorgeous rotation day, the edges of VWAP provided trade after trade. Crude is taking another swing at the top of the range this morning pre-open. This will be a short week and I will be watching volume and trading hours more closely. I am not as interested in typing out analysis this morning. I feel very good about where I am, have my wife's blessing to trade full time if that is where I want to be, and may decide to just shut up and trade this week.
I had some great psychological discoveries over the past few weeks, still sifting through the details. I went through in my mind the subtle differences between "Belief", "Trust", and "Surrender", and saw it as a progression in that order. If I do post it will probably be more as a mental sorting ground.
Reading through "Mind Over Markets" a second time. Tougher to digest than the other two for me. Not in any hurry this time though. Only read maybe 15 pages this entire weekend. I read a little, let it sit, read a little more.
I saw @greenr come back stronger recently. Part of the process my friend.
I am not interested in buying this as a breakout, I see it as returning to a prior balance area, and really am preferring to short it but not seeing any reason why. Sitting +17 long, but that was before the news.
Good call Mr D. Sold the top, bought the bottom today. The low pulled into Friday's value and turned on the VPOC. Took small pieces out of each, which still frustrates the heck out of me some days, but the read is more inportant to me still. Later I can push it for what it is offering better, I think.
"Do you know what happens, Gary, to wildlife when left alone from intellectual minds? It thrives, because thriving is its default setting. Just look at a forest.
And do you know what happens to wildlife when given just a little direction by intellectual minds? It still thrives, because thriving is its default setting. Just look at a rose garden.
And do you know what happens to wildlife when there is too much thinking?
Yeah, what wildlife?"
The trading relationship deals with indicators and analysis. Direction starts with a 50/50 chance, indicators used in context can help, but trying to engineer a profit by relying soley on indicators will wipe out an account over time.
Inverted H&S RSP held in overnight. Price is reaching the excess of the prior breakout failure. That area should provide higher level confirmation either way it goes.