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

Wednesday, February 24, 2016

Monsterslayer- not

Today market broke out of range and went close to 45 points.  I got  0 tics on one trade. and that trade was the perfect entry at the bottom before the big up move.  As I sit here thinking about how I trade in sim versus when live. It is because in sim I just see something that has the potential to work and just take a chance.  When live, I don't seem willing to just take a chance but look for confirmation.


SO HOW DO WE BEGIN TO OVERCOME THE CHALLENGES INHERENT IN AN UNCERTAIN ENVIRONMENT ? THE ANSWER IS TO SEE A SIMPLE BIAS THAT SKEWS PROBABILITY IN ONE'S FAVOR OVER MULTIPLE TRADES.

 Tomorrows goal - to take 3 trades letting the stop or target get hit, with the above constant mind-fullness.

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