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

Tuesday, February 23, 2016

Starting to journal - Once again !

I think I am realizing that there are certain things one must do if one is to be serious about their trading.  I have the skill set. I have the control while in sim. It is now time to do the same live.  I must be committed to this to succeed.  The monster within me has control and I will defeat it.


I am going to quit trying and just do it !!!  results of 200 sim trades shows I have an edge.





what is my edge ?  only take the low risk trades.  lol  well that really is it.  What do I mainly look for as I watch the chart.  I look for what I call rubberband moves. I am not going to explain it. I just know  when I see them.  What else ?  well to be honest and somewhat crude.  I see the Market Profile thru a mans eyes. I see it as a Breast.  The top and bottom of that breast are the edges and like any guy, the goal is to get to the nipple.  And the nipple is where price likes to hang around.  The trick is to wait for the breast edges to show themselves.  Which means not trading the first hour usually.  Realizing of course that some days there are 2 busty breasts forming or other types of forms.
Why am I writing that down ?  So that when I question where or not I have an edge, I can say yes here it is and it has worked for 200 trades. It is my method of taking a little out of the markets each day . I seem to average 5 pts a day with 1 contract. Or at least try to make that my goal.
I have run out of distractions that take me away from the real issue.  PUSHING THE DAM BUTTON

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