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During the observation time would it be wise to mark the entry when it is live, or would this be pure observation?
Basically while we are at the hard right edge of the chart and it shows a entry for the edge/setup should i throw a line or box on the chart or just wait until it passes and mark down short/long x amount of ticks?
Can you help answer these questions from other members on NexusFi?
I did the 2 weeks basically how you mentioned and it has helped a lot with confidence in my system, now I am trying to dial down entries. Would it be better to do another 2 weeks of looking for entries or try and sim trade following a better entry plan?
It looks like you didn't finish your thought.... What is real time different from? For example, are you saying that it is different from replay? If so, is that because you are differently engaged psychologically?
I hope you can clarify this. I think it might be important.
Real time is very different from looking at historical charts or even replay.
At this point, you know the value of that journal of behavior. You should be able to continue to maintain that as you enter the SIM trading stage.
It's important to remember that your SIM trading will suck at first but the stats will tell you WHY it sucks. Also that if you make changes to the trading approach, that will invalidate the stats. So avoid changes!
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Hi Peter!
My warm greetings from Brazil. I've just watched the webinar and I'll follow that 2/ 4 weeks plan. I need to.
Can you tell me some references for the "STEPHEN KELLY method" ?