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"Successful trading is one long journey, not a destination" Peter Borish Former Head of Research for Paul Tudor Jones speaking on conversations with John F. Carter
Was working in a neighbor's backyard doing some chores for them.....I have no idea how long I was passed out....just remember things going black and waking some some time later laying on the ground in full sun....Mid August, massive headache, no sweat on me at all, muscles severely contracted and stiff.....literally crawled on my belly to some shade under a tree and found a water hose there. Luckily it was close to the handle and I managed to get it on. Took a long time but finally got to where I could stand up and walk home. Don't remember much aboutt that afternoon....just the headache and the blackness that settled in right before I passed out.
Simplicity is the ultimate sophistication, Leonardo da Vinci
Most people chose unhappiness over uncertainty, Tim Ferris
Well, there was a signal earlier but I didnt take it, then I noticed the stop had not been violated even with all the back and forth going on. So I drew in the levels and waited. Right before the break happened, I noticed the price ladder was speeding up a bit. Both up and down. Truthfully I had an order to go short as I figured there was more room to the downside, but once the price started working up, I knew better than to fight the trend. So I place my order a few ticks above the level so a random HH would not fake me out and then stepped away for awhile.
Simplicity is the ultimate sophistication, Leonardo da Vinci
Most people chose unhappiness over uncertainty, Tim Ferris
I thought you waited till the small bar at the 2nd arrow and placed stop just above the bar.
Also I think I found out what I'm doing wrong at the same time.
I guess I'm trying to be too exact.
Ok on your third trade their how did you pick out that one. It didn't break out, nor was it an inside bar. And I pointed out other bars on the picture, why not these bars? How did you pick the bar you did? Thanks
Just a quick note to tell you how much I appreciate what you're doing here.
I've seen you around the forum for a long time, but as I'm very careful about what I read (and am influenced by) I see I've been missing out on the great stuff here.
As is often the case, I've stumbled across what you're doing here lately while I'm at the same time coming to similar conclusions: I've seen the benefits of multiple time frames, and I'm experiencing the power of trends (see my new journal for a chart or two).
Additionally, your Gratitude Project, whether you're consistent with it or not, is, I believe, extraordinarily beneficial – in every way. I was influenced, by watching The Secret and listening to the audio book The Power (both Rhonda Byrne productions – many scoff at these things but I don't care), to develop the habit of giving thanks and being grateful for anything I can think of as soon as I wake up in the morning. It has changed the way I start my day and improved my overall attitude, which is, as you have already alluded to, more important than any trading method/system.
I saw some of the Mark Douglas text in the thread here. One of my favorite passages is one of his regarding attitude:
Anyway, thanks for what you're doing here! Have a great weekend.
"Is it hard? Not if you have the right attitude. It's having the right attitude that's hard." - Robert Pirsig
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I'm glad you are finding it useful. Its always nice when some one takes time out of their day to compliment you on something you've done. By the way, nice blog you have going. I started one on blogspot and was simply to lazy to do that one and this one.
Simplicity is the ultimate sophistication, Leonardo da Vinci
Most people chose unhappiness over uncertainty, Tim Ferris