Well, I hope that what I did today gives you a flover, how I trade. I do not know how others trade. It does not concern me.
But the way I trade is simple. I find points where market , almost (:- must turn. Then buy or sell and place a miniscule stop. MOst often market goes in my direction and I raise the stops intantly. After that it is pure LUCK. Either market come back and gets me out with almost 0 gain or loss and I am out or it goes my direction and then I can milk it.
You see now how, I do not chace the market, once it got away from my buy point, Bey, Bey market, not interested any more.
You also see why trader(pricess) needs to trade 100(:- ( princess needs to kiss 1000 frobgs) before the good trade comes ( Prince is found).
Ok not thousand, but it does take about 4-7 in my average attempts.
I kinda figure that is your strategy from the few times I seen you trade. Kinda exhausting no? Anyways I violated another rule today - I let a small loss grow to a big loss because I was marry to a position. Still learning dear Boris..:-( . I will recover form this but I think I need to map out my trade and let the stops take care of itself instead of outguessing myself at each turn. Loss are natural part of trading.
My gains from other trades made up for the large loss but it still irritate me...
Dear Michael, Not tradin is not exhausting. Trading is Love(:-
Now either one loves it or does not.
Also, nothing in Asset allocation requires me to trade like this, but sometimes in fast markets, I can not help but get drawn in.
Because, I do these things in the background, ingeneral, but when the markets are fast, I can not report and do it in the background. It is impossible.
In any case, trading is
LABOR OF LOVE.
One thing about trading is this. Either you love what you do or do not.
Nobody will ever be succesful in trading without loving it.
It takes time to love and enjoy it ( that is true). But in the end
Nobody every makes money trading without loving.
Some exahuastion happens. That is why there is San Diego, or Florida. (:-
Now, Yes, stops. You see me with stops? If you are uncofrotable with stops( real/imaginary) that just means that you are not sure about the trade. That is a problem. You must map the trade and stick with it and if small stops make you uncomfortable lower the size of the trade and user bigger stops, But do not change them, almost evver. Once you know ( and you must before entereing trad) you must stick with the stop.
Loss is as much of part of the trade as it is to miss the hoop in basketball.
His greatness/airness Michael Jordan Was only 43% precise(:-!!!
But he was still greatest. He loved what he did and knew that not every ball will go in!
49 comments:
Good Morning Dear Boris
Good Morning Dear Xerxes
Good Trading Dear Friend
Boris
good morning
old john
Dear John,
Good Morning and
Good Trading My Very Dear Friend
I had updated the trend table
On Dot Net.
ISM Manufacturing to be released in 75 minutes....
RBA kept rates at 3....
German unemployment at 8.3
Dear Boris,
Good morning.
Thanks and good trading.
Bert
emini159 at Dot Net
Good Trading
Dear Bert,
Very good monring
My Very Dear Freind
Big turnaround Dear Boris
This is where I have to be patient
old john
I hear you Dear John
Good Trading My Very Dear Friend
Dear Xerxes
Yes, I could see that.
Now we seem to be in retreat
GOod Trading Dear Xerxes
Dear Boris,
I followed your call yesterday and did well this morning. No more trading today. Will wait for the big opportunity instead.
Thanks dear Boris,
Michael
Dear Michel,
Enjoy
Good Trading My Dear Friend
Administrative Message on
DotNet
Good Trading Dear Subscribers
bought back what I sold at 12.75, at 09.75
I mean 1009.75
with a 2 pt stop
which I have profits
stop at breakeven -1 or so 1008.75
stop breakeven 1009.75
step back 50 cents
gained 3 points lost 1,
bought 1+1 again at 1002
stop 999.75
Giving Back 2 points gained earlier. If stopped
stop 1.25 pt loss at 101.75
sorry wrong numbers abot
stop at 1000.75
adjusted stop to 0.25
at 1001.75
buy back at 1001 ordered
stop at 999.75
missed by 0.25 on the buy so far
Well, Yes and now we are 3 points above there(:-
I took out my buy stop
buy 999.50 stop 997.75 order is in
In raise stop to 998.25
raise stop to 999.50
out +0
Well,
I hope that what I did today gives you a flover, how I trade.
I do not know how others trade.
It does not concern me.
But the way I trade is simple.
I find points where market , almost (:- must turn. Then buy or sell and place a miniscule stop. MOst often market goes in my direction and I raise the stops intantly. After that it is pure LUCK. Either market come back and gets me out with almost 0 gain or loss and I am out or it goes my direction and then I can milk it.
You see now how, I do not chace the market, once it got away from my buy point, Bey, Bey market, not interested any more.
You also see why trader(pricess) needs to trade 100(:- ( princess needs to kiss 1000 frobgs) before the good trade comes ( Prince is found).
Ok not thousand, but it does take about 4-7 in my average attempts.
Good Trading Dear Readers
This is not what I usually do these days as an asset allocator, but sometimes I go back to my "real love in trading"(:-
Good Trading
Now, this requires 2 very important things.
1) Close to nothing trading costs
that is no probem
2) Good trading expereience and setup monitoring.
Now this is a harder part.
I kinda figure that is your strategy from the few times I seen you trade. Kinda exhausting no? Anyways I violated another rule today - I let a small loss grow to a big loss because I was marry to a position. Still learning dear Boris..:-( . I will recover form this but I think I need to map out my trade and let the stops take care of itself instead of outguessing myself at each turn. Loss are natural part of trading.
My gains from other trades made up for the large loss but it still irritate me...
Good trading dear Boris,
Mike
Dear Michael,
Not tradin is not exhausting.
Trading is Love(:-
Now either one loves it or does not.
Also, nothing in Asset allocation requires me to trade like this, but sometimes in fast markets, I can not help but get drawn in.
Because, I do these things in the background, ingeneral, but when the markets are fast, I can not report and do it in the background. It is impossible.
In any case, trading is
LABOR OF LOVE.
One thing about trading is this. Either you love what you do or do not.
Nobody will ever be succesful in trading without loving it.
It takes time to love and enjoy it ( that is true). But in the end
Nobody every makes money trading without loving.
Some exahuastion happens. That is why there is San Diego, or Florida.
(:-
Now, Yes, stops. You see me with stops? If you are uncofrotable with stops( real/imaginary) that just means that you are not sure about the trade. That is a problem. You must map the trade and stick with it and if small stops make you uncomfortable lower the size of the trade and user bigger stops, But do not change them, almost evver. Once you know ( and you must before entereing trad) you must stick with the stop.
Loss is as much of part of the trade as it is to miss the hoop in basketball.
His greatness/airness Michael Jordan Was only 43% precise(:-!!!
But he was still greatest. He loved what he did and knew that not every ball will go in!
Good Trading Dear Friend Michael
Dear boris are you gonna give it ago today again? that was fun .
Dear Jim,
I do not think so.
I do not think asset allocators can follow that.
I have sold some assets today at higher prices and got some points , but that was extracuricular activity!
Good Trading Dear Jim,
I used to hav every day like this 3 year ago(:-, see the records
euro touched 2 dayly low.
Dear Dmitry,
Thank you ,
Indeed this is a crazy day.
But I think Antidollar is recovering some.
We stated in our daily post that lower 1000 is the place for a support, well we got there fast.
(:-
Good Trading Dear Dmitry
Update on markets
DotNet
Please see it.
Good Trading
Gold, Dear Boris, Gold....bucked the trend today....
Well, athat is true,
Yet, does not appear too extraordinary, somehow!
Of course, it could continue from here, but...
GOod Trading Dear Xerxes,
Will we get the AP's tomorrow at the usual time Dear Boris?
It looks to me like only Daily APs will be avialable tomorrow.
Yes that should be ready early usual times
Good Trading Dear Xerxes
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