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September 12th, 2012, 10:57 PM
Orlando, Florida
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011
Inside that web is the 30m 5w target
Can you help answer these questions from other members on NexusFi?
Best Threads (Most Thanked) in the last 7 days on NexusFi
September 12th, 2012, 11:17 PM
Orlando, Florida
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011
September 13th, 2012, 10:45 AM
Orlando, Florida
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011
I logged on awhile ago to comment about resistance , and then thought, why? I think it is more pertinent to this as a journal to document that I had that thought.
September 13th, 2012, 11:35 AM
Chicago, IL
Posts: 5 since Mar 2012
Thanks Given: 0
Thanks Received: 2
researcher247
Bored as fuck on my month-long vacation on a Sunday night; so I'll throw another comment into this thread.
Hey--overachiever workaholic @
GaryD ; why don't cha trade an asset class from 4:30am or 5am
est up to 6:30am or 7am est full time with appropriate trading size--say @1% of your risk capital per trade (based on avg. risk per trade) and then say--work 75% of your normal workload?
Then when you are working on all your building stuff--you can work at 110%--bust that shit out and NOT compromise your trading?
When you trade you trade (I am sure you can find a great trading instrument early in the a.m. 6E or Dax or Bund or Ftse 100 or whatever). See if you can work your way up in size (no pressure 'cause you keep % of your total margin risk per trade low) and work your way up the foodchain while you are making big money in your consulting?
You work 25% less to compensate for your other 'full-time' job (90-120 minutes is full-time daytrading, btw for many people).
No offense and no worries, but I don't see you upping your
contract size and upping your trading salary doing what you are doing now.
If what you are doing now is your thing--then keep doing it. You don't have to burn any bridges with the compromise--but you'll have to go to bed a bit earlier and not drink too many beers if you get up early.
When I am based on the west coast I have to get up @3:45am PST~~so, you'll have that advantage on me!! : )
In Colorado though--you'd have to be up @3am MST--that is not cool though.
Ever thought about just being an East Coast consultant?
peace
hedvig
Yo Bro, where are you at? Still alive? You'll need my wire info for that facebook bet.
September 13th, 2012, 11:49 AM
Orlando, Florida
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011
riskarb
Yo Bro, where are you at? Still alive?
I have wondered the same thing.
September 13th, 2012, 12:45 PM
Orlando, Florida
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011
September 13th, 2012, 12:46 PM
Orlando, Florida
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011
GaryD
I am hesitant to place a
resistance zone so close to the possible upside
breakout of this
trading range , but the tight
range of confluence from so many directions is hard to ignore. I have an overlap of at least 6 fibs from 3 timeframes.
September 13th, 2012, 12:54 PM
Orlando, Florida
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011
Daily Reflections By Peter Ragnar
"Our task isn't perfection, It's reeling back our hearts and untangling the knot we've tied.
Once we're freed the heart of confusion and clinging we will have found the peace we've sought."
September 13th, 2012, 01:33 PM
Orlando, Florida
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011
Net 94
Still playing far too scared... for where I wish I was.
But, comfortable. I am getting to where I prefer that.
September 13th, 2012, 01:38 PM
Montreal, Canada
Experience: Intermediate
Platform: Multicharts
Broker: Interactive Broker
Trading: Forex
Posts: 263 since Sep 2010
Thanks Given: 440
Thanks Received: 91
COTtrader
Hey, Gary,
A trading partner provides, first and foremost, accountability to a fellow trader regarding his trading rules. For those who think "out loud" or on the fly, it is a means of debriefing yourself. Other trading partners share their preferred method of trading or even there system of trade. In essence, a trade partner makes a commitment to a fellow trader as a check on his partner's trading behavior. Not everyone is open to this. Hubris is the enemy of the trader. Those humbled by the markets are often in the best position to work with a trade partner to better understand his/her own trade psychology.
I am not a trading psychologist but am interested in finding someone to "keep me honest." I know, my motive is a bit selfish but also in the interest of those who see the need for a smaller group of trading friends.
Ken
Ken, I like this idea. Yes I also realize that sometime I do cheat on my rules as I have nobody to justify my act. This is a psychological event that I need to be confront with.
Gary: good luck in your new project. Sorry to have used your private journal space
Martin
Last Updated on May 23, 2014