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Gary
Some quotes from some famous people you might enjoy as they make you think;
I've missed more than 9000 shots in my career. I've lost almost 300 games. 26 times, I've been trusted to take the game winning shot and missed. I've failed over and over and over again in my life. And that is why I succeed.
Michael Jordan
You've got to be very careful if you don't know where you are going, because you might not get there.
Yogi Berra
If you're going through hell, keep going.
Winston Churchill
Stop acting as if life is a rehearsal. Live this day as if it were your last. The past is over and gone. The future is not guaranteed.
Wayne Dyer
Learn from the past, set vivid, detailed goals for the future, and live in the only moment of time over which you have any control: now.
Denis Waitley
The secret of success is learning how to use pain and pleasure instead of having pain and pleasure use you. If you do that, you're in control of your life. If you don't, life controls you.
Tony Robbins
People often say that motivation doesn't last. Well, neither does bathing - that's why we recommend it daily.
Zig Ziglar
When you arrive at a fork in the road, take it.
Yogi Berra
Relax and cheer up brother. Every day is a new opportunity to build your future.
Bowie
Crude's 2nd move down with such velocity was not an every week event, but common enough to me now that I somewhat understood today's behavior. A friend who knew I traded asked if I was into oil... He said, "I hope you are short". Not today, was my reply. Those who wanted to sell had their chance earlier. Today was stairstepping up.
Days like today are actually easier for me to make money than long linear moves.
Really? I'm exactly the opposite. I found myself losing lots of trades today since..except for the 30 ticks I made right after the 10:00 news came out . I find days like today the moves don't seem to have much follow through. Yesterday, there was more momentum and I made 120 ticks..
If I could navigate days like today better, I would be much more consistent. Big fast moves that go 40-60 ticks in a few minutes are my favorite types of trades. When the price moves like today, it just seems to bounce around and take out my stop on almost every trade. Any advice on how to trade this sort of thing would be highly appreciated.
If you’re not prepared for these crude roof jumps, and not in them
We end up trying to but bottoms and support on the ways down, not a too clever idea
Were you been Sir? im back in the London now, such ashame we did not connect
" I will follow my rules, I will take my stops, I will be disciplined and i will work with the market....NOT AGAINST IT! Professional mind control is the key"
There is something I was taught called a "NR7", stood for "No Range", and it meant the lowest range in the last 7 trading days. When that occured the expectation was a range expansion was coming. The opposite also holds true, when there is an explosive move it is generally followed by consolidation. Notice how the largest ranges are often followed by much smaller ranges on the daily chart.
The mood started out up, and once the first pivot was established, up was it until it wasn't. And after the first trendline break, the second pivot was in and still was a higher low, so a second trendline was drawn. Low risk high reward entries at the line. Stops below the prior pivots.
I just emailed TopStep Trader with some questions, downloaded some of their literature, etc. Trading is at least 50% psychological, and I am curious to see what happens when the risk is reduced.