The Monster Within Me

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Past performance is not indicative of future results.
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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, March 30, 2016

Baby Brick By Baby Brick

I made another trade today for 2 tics.  seems silly with the potential of whats  possible. but its better than sim trading.  It helps to have someone (Cap)in the same boat so to speak.  Both pathetic traders for the length of time trying. But I think we are move slowly forward together.  Today's possibilities.

Tried something else today while watching for trades.   Somewhat of a coin toss.  only difference is that I get to pick long or short. but it has to be right on the 1/4 hour of  every 15 minutes a trade.  2 pt stops  2 pt targets.  One does seem to learn things from it. You start to realize it is not about entry but letting the trade work out. As you have to leave it alone. you get to see the trade work its way about. I think over time it will teach me to leave the trade alone.  and to be ok with heat and to wait for profit.  I am going to continue to do it.  you get around 19 trades unless you walk off for break.  8 losers.  10 winners. So while not great win/loss ratio the entry is just guessing.  I think over time it will help with the current rsi method that seems to have at least an 90% win rate if targets are small.
Still inching forward. !!

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