The Monster Within Me

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The Monster Within Me
There is a monster within me. His name is Phil. These are the journal's that will record my battle with the monster and his attempt to keep me as a losing trader. But I will prevail and learn to control this monster within me. I will be a great trader, I will be in control of who I want to be.
I will SLAY THE MONSTER within me so that it can no longer control me and my thoughts.
By becoming an Observer of the self, I give authority to the Empowered parts, to be all I can become.

Brick by Brick

Thursday, December 4, 2014

I managed to stall again today

Stalling it is what I tend to do. Stall One- i think I will wait for the opening movement to slow down.
 Stall two-  maybe I should wait to see which way the market moves first and then get in.
 Stall three-  I am not really sure this swing has ended and will turn.
 Stall Four-  This is ranging and in chop  I need to wait till it moves out and away from this area.
 Stall Five- it is moving in this direction now but it might turn here when I get in . better wait.
 Stall Six.  the market seems confused I better wait to see who will win.
 Stall Seven-  It must be the lunch crowd time, I better wait till the market picks back up.

 I could go on but I am well aware of  the daily (Habit) that I have formed to not have to push the button looking for that (perfect) trade that never really exists

Method search-  I tend to always come back to trend line drawing. I will look more into it as it at least tells me if I am trading against the current price action and it allows for small risk stops. Truthfully I think trading is about just getting in with some repetitive enter method and managing the trade. I need to stop looking for that perfect no heat entry. I also need to get it through my thick skull that even pro traders lose 50 % of the time of more. So I might as well take the trades and get through the ones that didn't go my direction. so I can get to the ones that do go my way.


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