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Have you shown in SIM that you are able to do this already? If not, why would you consider switching to cash? If so, what are you using to grade yourself to be sure you are doing exactly what you are supposed to be doing with your execution?
Gary
As consistently profitable traders.. "We get paid to wait, and we wait to get paid."
Please be sure you are able to successfully execute your well written and documented trading plan for weeks before even considering going to cash. Also, let us know more about what you have studied as far as the mental/psychological challenges which will take place once you switch to cash. Greed, fear, failure to execute properly for a number of reasons, etc, and how you plan to limit the damage they can do early on.
As consistently profitable traders.. "We get paid to wait, and we wait to get paid."
Yeah, I do hear what ur sayen..maybe I should go a little bit longer in sim? Perfect practice makes perfect! So Im TOTTALY confident.
I havent read any books on mental/psyholigical (in regards to trading) challenges which I have experienced. Ive been adjusting those feelings from trading cash and this last round I had my FEAR in check. Knowing that feeling is merely ENERGY arising just from going out of my comfort zone. And by simply identifying THAT energy allowed me to take FEAR out of the equation. It gradually happened that way though, not over nite! The heart pounding WILL always be there b'cus of energy peaking! Not fear. Its a process that Im developing within myself. From "mind to matter"!
I have a visualization process where I create a "time loop" from a imaginary realm (mind) to actual experience realm (matter) In my subconcious its all real! And internally I "FEEL" my "dream" as a real entity. Theirs REAL science to this type of process of creating matter from mind.
Linking atoms & protons from ur mind to actual event experiences thus creating a probability of events using the multiplicacation of 2 mathmatical functions (psi & psi *) quantum physicist determine the probability of an event in this way. I can go on & on but basicly, I cant illiminate but I can & do shrink the "inertia" (resistance) that stands in the way of obtaining what I want. thats that part of ur brain that keeps u safe & sound & btw it tells u that its not possible either! " no I cant do that!" & this is why..bla bla and bla so get to work before ur late!!
So in a nut shell..I dont put any distance of time between me & my goal..like "its far off in the distance" That distance is virtually present when I get myself to FEELING internally the sights from within. Those are the type of mental/psychological studying that I do. It really works! Ive made people come into my life recently that I thought was not possible.
Price continuing to grind down it looks..didnt like the pullback on 1st trade today but I placed a $70 stop, moved it to 200ma once for awhile..having faith w/ the trend.
Treating sim like cash the best I can, preping for the real deal!!
Also, perhaps my manorism MIGHT offend some of you little girls? lol. the men carry on!
We are at over 50% retracement of yesterday..looking for a head fake? Then to 61.80% or more? A set of LL's reaching beyond 55ema w/ a pullback beneath 55 then to see if market makers are in too! Beyond the 200?
Heres my call if I may..I bet pa repeats the previous pattern of a level of 76-100% somewhere then darts down..ofcourse the alternative is a extension to probably 161ish % ?
Took a long earlier lost $35 then took a short was up $95 put stop at BE + 2 cover spread..pa did come back to that area got me at +2...lost internet along the way...beutiful at&t..
That 1st long was a counter sinse 55 was below 200...Thinking we're headed south for the most part..that lasted long!