JTrader
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I agree.
even though I've not added much so far, I am checking the thread out.
A specific weekly thread is much more specific and focused than a monthly thread. It can be replaced each week, and the specificness of the threads title is likely to help ensure that members do not stray far off topic............
Cheers
JT.
ps. I hope everyone was aware of the relatively new ADP employment change report at 1315 GMT.
hornblower
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lets just keep it separate
the best thread will survive
the best thread will survive
a_gnome
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ChowClown said:
Interesting stuff Chow. I've done extensive back testing on my VEBO Variant and I definitely agree on the wider stops. I also back tested the trend filter and found that actually it wasn't as good as trading both directions but my method is somewhat different from yours so maybe the trend filter will assist in your case.
FYI I'm short from 9703 and holding.
i have to confess that today i feel like a perfect idiot.
to take a short, call it in public, close it for a meagre profit because the eye is off the ball, and then see it tank 240 pips from my entry. the "missed profit" emotion is enough to keep me out because the analytical side is turned off. terrible terrible day for me.
i proudly went short at the top, and closed for +20. just to make my embarrassment worse, i am now writing it
. that way, i am not the only one who thinks i am an absolute idiot .
good the rest of you had a piece of the move.
j
to take a short, call it in public, close it for a meagre profit because the eye is off the ball, and then see it tank 240 pips from my entry. the "missed profit" emotion is enough to keep me out because the analytical side is turned off. terrible terrible day for me.
i proudly went short at the top, and closed for +20. just to make my embarrassment worse, i am now writing it
. that way, i am not the only one who thinks i am an absolute idiot .good the rest of you had a piece of the move.
j
a_gnome
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jacinto said:i have to confess that today i feel like a perfect idiot.
to take a short, call it in public, close it for a meagre profit because the eye is off the ball, and then see it tank 240 pips from my entry. the "missed profit" emotion is enough to keep me out because the analytical side is turned off. terrible terrible day for me.
i proudly went short at the top, and closed for +20. just to make my embarrassment worse, i am now writing it
good the rest of you had a piece of the move.
j
At least you are being honest with yourself which IMHO is a key part to being a successful trader. When I'm in such situations I remind myself that I don't need to catch every move, all I need to do is to make sure that the trades that I do take are on average profitable.
FWIW you shouldn't worry about the ego aspect of getting out too early - it's just the cash P&L of the trades that you do take which is important.
Respect to you for getting it off your chest in public. During Dec i'd have bitten your hand off for 20 on the dayjacinto said:i have to confess that today i feel like a perfect idiot.
to take a short, call it in public, close it for a meagre profit because the eye is off the ball, and then see it tank 240 pips from my entry. the "missed profit" emotion is enough to keep me out because the analytical side is turned off. terrible terrible day for me.
i proudly went short at the top, and closed for +20. just to make my embarrassment worse, i am now writing it
good the rest of you had a piece of the move.
j
There's always next time....as you well know.hornblower
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jacinto said:i have to confess that today i feel like a perfect idiot.
to take a short, call it in public, close it for a meagre profit because the eye is off the ball, and then see it tank 240 pips from my entry. the "missed profit" emotion is enough to keep me out because the analytical side is turned off. terrible terrible day for me.
i proudly went short at the top, and closed for +20. just to make my embarrassment worse, i am now writing it
good the rest of you had a piece of the move.
j
never mind , you cannot win them all
dont beat your self up over it
tomorrow is an other day
hornblower said:
a-gnome, chow, and hornblower,
thank you for your words. sorry for the free psychiatry session.
think tomorrow i will come back with black eyes after the wife looks at the chart
thanks again. nothing that a beer wont help forget.
j
If its any consolation, i'll see your story and raise you some more pain! lol. What started as a great day for me has turned into a beating. I have never done well on a day where the market goes crazy in one direction. never mind. Im gonna go drink some brake fluid.
