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Down 7 days in a row. How many turkeys are there ?Cobra wrote:wow, this is, I don't know what to say, nobody wants to hold over the holiday?
Damn.. off by 19 cents...MrMiyagi wrote:I can't even guess a closing price for today, actually I can because it is just a guess; 116.37$
Still good for bull?Cobra wrote:wow, this is, I don't know what to say, nobody wants to hold over the holiday?
yes.q2model wrote:Still good for bull?Cobra wrote:wow, this is, I don't know what to say, nobody wants to hold over the holiday?
Thanks Taggard,taggard wrote:LONDONBOYZ09 wrote:Hi Cobra,
I have been a great follower of you since last few months and I simply love the forum, your site, your daily reports and most importantly your intra-day signals.
I have made some huge losses and was put off. Since I have been following you, I have learnt the first thing advocated by you - (Survive first, if you don't make money, don't loose money) and I am happy to say though I have not made any, but more importantly I have not lost any.
Now I am starting to work on the other point you advocated - don't rush and control emotions (Not sure how long will that take!). A while back someone did a nice commentry on controlling emotions in trading.
It would have been very disrespectful to not login and say 'Happy Thanksgiving' to you and all the other Forum Memebers, who provide such an insightful commentry and charts. I wish I could rub shoulders with them one day (may be after few more thanksgiving anniversaries).
Happy Thanksgiving all and really appreciate such a selfless, hard work from you all and especially Cobra.
PS: I have registered for regular donation few days back and hope don't need to do anything after the server move. Good Luck with that.
What number on SPY will make you change your avtar
"don't rush and control emotions" (Not sure how long will that take!)
this idea about controlling emotions can lead to sorrow. consider 2 points (1) the logical mind is like a small raft in the ocean of "emotion". (2) if this doesn't appeal to you consider that most people estimate the mind you are aware of is maybe 5-10% of brain and cns function. (note the mind--a construct and brain the organ)
so if something is larger than you how do you "win" for starters you admit it--and then start to watch it's patterns. think of this like hunting. the working assumption is you cannot actually see your habits they are like the blind spot in your life. however it's possible to see the action around them--and thus by subtraction see a rough outline of the habits.
this is about as close as we get to control ourselves.
just my opinion but i would do 2-3 things--first if you are intra day trading futs read al brooks--being forced to look at 200 charts with more or less the same message will teach very quickly. second forget trading for money for a while--get money out of the picture--and focus on paper trading. get to the point where you are hitting 7 out of 10 trades in whatever timeframe or method you use. Third keep track of these trades-- prior to getting in--after you get out--and tracking what you may see as emotion pre during and after the trade.
after that scale up to tiny amounts of money--then build up slowly.
most people refuse to do this under the assumption that they are not really trading--but seals train for some time prior to going to the field and they scrape by. second you may think this is the slow way--i assure you it's much faster in the longer run.
get a clear rule set--and then look carefully at the beginning emotions and feelings can be a problem--later (usually much later) you can trade intuitively.
Thanks, have thanksgiving or at least a day offCobra wrote:yes.q2model wrote:Still good for bull?Cobra wrote:wow, this is, I don't know what to say, nobody wants to hold over the holiday?
LONDONBOYZ09 wrote:Thanks Taggard,taggard wrote:LONDONBOYZ09 wrote:Hi Cobra,
I have been a great follower of you since last few months and I simply love the forum, your site, your daily reports and most importantly your intra-day signals.
I have made some huge losses and was put off. Since I have been following you, I have learnt the first thing advocated by you - (Survive first, if you don't make money, don't loose money) and I am happy to say though I have not made any, but more importantly I have not lost any.
Now I am starting to work on the other point you advocated - don't rush and control emotions (Not sure how long will that take!). A while back someone did a nice commentry on controlling emotions in trading.
It would have been very disrespectful to not login and say 'Happy Thanksgiving' to you and all the other Forum Memebers, who provide such an insightful commentry and charts. I wish I could rub shoulders with them one day (may be after few more thanksgiving anniversaries).
Happy Thanksgiving all and really appreciate such a selfless, hard work from you all and especially Cobra.
PS: I have registered for regular donation few days back and hope don't need to do anything after the server move. Good Luck with that.
What number on SPY will make you change your avtar
"don't rush and control emotions" (Not sure how long will that take!)
this idea about controlling emotions can lead to sorrow. consider 2 points (1) the logical mind is like a small raft in the ocean of "emotion". (2) if this doesn't appeal to you consider that most people estimate the mind you are aware of is maybe 5-10% of brain and cns function. (note the mind--a construct and brain the organ)
so if something is larger than you how do you "win" for starters you admit it--and then start to watch it's patterns. think of this like hunting. the working assumption is you cannot actually see your habits they are like the blind spot in your life. however it's possible to see the action around them--and thus by subtraction see a rough outline of the habits.
this is about as close as we get to control ourselves.
just my opinion but i would do 2-3 things--first if you are intra day trading futs read al brooks--being forced to look at 200 charts with more or less the same message will teach very quickly. second forget trading for money for a while--get money out of the picture--and focus on paper trading. get to the point where you are hitting 7 out of 10 trades in whatever timeframe or method you use. Third keep track of these trades-- prior to getting in--after you get out--and tracking what you may see as emotion pre during and after the trade.
after that scale up to tiny amounts of money--then build up slowly.
most people refuse to do this under the assumption that they are not really trading--but seals train for some time prior to going to the field and they scrape by. second you may think this is the slow way--i assure you it's much faster in the longer run.
get a clear rule set--and then look carefully at the beginning emotions and feelings can be a problem--later (usually much later) you can trade intuitively.
Much appreciated. I have some rules, printed and fixed to wall and now 50% of the time, before making a trade, I go through them.
This post will be printed and looked at more often than not.
I will get the book and get cracking.
Happy Thanksgiving.
LB
KENA wrote:Everyone have a good thanksgiving and all you guys in canada have a good one.I think you have some kind of holiday this weekend don't you.All you others we will see you fri.for a short one.