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I gave long consideration to entering the contest for journaling for the month of April.
1) Some people may want me to divulge the nature of my indicators - which after years of development I feel I have earned some proprietary right too. It took me years to arrive at the lost destination/location I am at. And even if I did, it is my experience that even if you give someone a system that is a winner they would screw it up. (not be profitable.) I might share them with someone who has earned their stripes. But not likely to give them away for free in a public forum to a newbie who is going to use his/her inherited millions to compete against me.
2) I have seen people come on FIO/BMT, act all chummy, pry info out of benevolent traders and then sell training to unsuspecting newbie traders like they were god's gift to the trading world. They are still flogging their crap after 5 years.
3) I might be inclined to divulge my most private thoughts on trading. Like how I think about price. What I look for.
4) The fact is I myself am a struggling trader myself, after years of effort. Yeah I have a full understanding of indicators but I am struggling with the mental execution side at the moment. Will I overcome it. Hell Yes! When? Maybe next week. Did I overcome it before - hell Yes. I am under mental pressure to overcome this obstacle at this time and I don't feel this contest is in my best interest at this time. I want to focus on a specific aspect of trading at this time and this contest might be a distraction. I need to focus on the execution steps - not how many times someone pounds the Thanks button.
So I am not expecting to win the contest, not even going to try. I am just throwing my hat in the ring to get more feedback. Maybe it will help me.
Having said that...hell yes I am all in. Sure why not. What do I have to lose? Risk ON!
I would like to throw my name in the hat. I have a slightly different perspective / background / trading experience from most traders on here. I don't have a very large history, but I think my insights could be helpful. I look forward to the contest!
First let me say that I am not a day trader, I am a programmer, statistician and mathematician by trade. I started analyzing the futures markets about 10 years ago as more of a hobby / gag just to bust on a friend that though he could predict the market …
Last trading day of the month and the first day of my Combine! We're finally back home after a nice long crazy but fun vacation in Florida and I'm ready to get to work!
My focus will be 100% on the bonds (ZB) and implementing …
I will be documenting my first attempt to pass the $50K Combine with TST. I will be focusing solely on the 30 year T-Bonds (ZB) and will expand to the ES if I feel comfortable. The details of my strategy can be found in my journal.
I will do my best to be as honest with myself as possible while still keeping things "clean" for the general public. I've never attempted to record this amount of analysis while trading, let alone publishing it for all the world to read. But I'm convinced it will be an invaluable learning experience.
Here a long time journal writer steps in again. Thanks to @Big Mike more than four years ago
I started my first one here - and what I did never expect: it runs still and counting!
This gave me a lot more discipline, effort and joy for my regular trading.
Thanks to all supporting input with positive and negative feedback I am now where I am.
I developed more systems and for one system with easy rules I started a second journal:
The first 3 months had 12 Walzer - listed in this journal here.
There were some more signals which I did not trade or not take because of
time restriction.
Result:
12 positive completed Walzer with a total of 473 points since 1. January 2016
Details:
Walzer …
The result of having a public journal is very good for me and I encourage every serious reader
to start one on his own.
Important note:
Many thanks to the followers of my journals for input and pressing the thanks button.
In case of being nominated for a prize I will hand it over happily to the next in the list.
It was recommended that I start a journal here to get a better grip on my trading. I'm taking a TST practice combine right now. I've gone through a few combines to learn what I need to do to tighten up my techniques.
My two recent problems …
Look at the back end of the journal, and you can see that the money started pouring out to me. Then if you want to see what I was doing, and how I dealt with my problems to get to that point, maybe scan through the previous pages.
I went from losing thousands a day to +$10,000 a week.
(PS: The Old Tiger in the Snow is one of my favorite works of Hokusai I hope I will be able to purchase it someday. And I have it tattooed on my left shoulder).
Hello everyone,
As a personal introduction I am a little embarrassed about how to describe …
As I said in my recent posts it is maybe a little difficult to follow since it is an ongoing process and since I did not have the "chance" to wake up one morning with the "perfect" system and the "perfect" set of skills to execute it (mostly because "perfect" is a word to banish when we are considering trading).
It is a journey and in every journey the landscape change, and most importantly the "traveler" change.
R.I.P. Olivier Terrier (aka "Okina"), 1969-2016.
Please visit this thread for more information.
I did NOT participate last year despite contributing heavily in my journal. At that time, I felt that it would add extra pressure in winning the contest in addition to the (obvious) stress of making trading profits. Please note that I don't sim trade.
I don't feel the same pressure now, for unknown reasons, BUT my trading timeframe has become long-term i.e 1-4 weeks. Hence I was not writing lately on a daily basis. I also noticed declining interest in trading and less screen-time. This is not necessarily bad but not my intention.
After some deliberation, I decided to go back to intra-day style for more learning experience during the month of April 2016 and you can follow my thinking here, in this thread.
I did NOT participate last year despite contributing heavily in my journal. At that time, I felt that it would add extra pressure in winning the contest in addition to the (obvious) stress of making trading profits. Please …
Here is my journal. On another note, I am not entering the contest to win since I can't take TST funded program due to visa regulations. I passed my combine last year but just before signing an agreement I had to drop it.
The reason is simple: This way I will be more accountable.
There are many changes in the Journey in this year. My method and view of market has changed a lot.
2015 has been very good year for me. Very important how a journal can make you a disciplined trader and 100% accountability …
I trade support and resistance in the context of repeating fractal wave patterns. I also use multiple time frames that influence the decisions made on the trading chart.
If I happen to win. I will probably give the combine to my brother.
Good luck to all...we'll not really I want to WIN!
I've decided to resume journaling and I have changed my trading style completely. I've switched to Vwap and cci combinations and also using volume profile. My new setup looks like this image.