I'm a masochist & it's hurting my trading :(
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robster970
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I understand enough Kenneth. Do you?
KenMedanic
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Would you like to read more?
In a mathematically defined universe nothing can be random, only our perception can be limited. Evolution is by definition the progression of awareness.
In a mathematically defined universe nothing can be random, only our perception can be limited. Evolution is by definition the progression of awareness.
KenMedanic
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Firstly I asked would you like to read more.
We are very excited that over the next 12 months a brand new platform for trading will be released.
We are in the second phase of clinical trials.
This phase is completed on the 23rd of September and I would be glad to share our results and an explaination of Rotational Trade Management and Source Reference Branding.
In short, Rotational Trade Management is the logical side of the platform. It is a lineal process. There are 4 stages of Rotating a Trade expressed in terms of time. Each stage (stimulus) requires the user to make a determination, for instance up or down (cognitive response).
Source reference neural branding is the acknowledgement that it is the images created in our minds to certain stimulus which creates our cognitive responses (this all occurs in our subconscious - our results are picked up by our conscious mind which decides whether it is or isnt what we are wanting and therefore goes to work trying to change our subconscious)
So, Source Neural Branding postulates that as every image created in the mind has a vibration every profitable trade has the one vibration.
We are mapping the vibration associated to profitable trading utilizing the process of Rotational Trade Management with the aid of biofeedback equipment.
I was not trying to be rude in my communication only trying to express alot of exciting research that we are currently testing.
Best regards,
Ken
We are very excited that over the next 12 months a brand new platform for trading will be released.
We are in the second phase of clinical trials.
This phase is completed on the 23rd of September and I would be glad to share our results and an explaination of Rotational Trade Management and Source Reference Branding.
In short, Rotational Trade Management is the logical side of the platform. It is a lineal process. There are 4 stages of Rotating a Trade expressed in terms of time. Each stage (stimulus) requires the user to make a determination, for instance up or down (cognitive response).
Source reference neural branding is the acknowledgement that it is the images created in our minds to certain stimulus which creates our cognitive responses (this all occurs in our subconscious - our results are picked up by our conscious mind which decides whether it is or isnt what we are wanting and therefore goes to work trying to change our subconscious)
So, Source Neural Branding postulates that as every image created in the mind has a vibration every profitable trade has the one vibration.
We are mapping the vibration associated to profitable trading utilizing the process of Rotational Trade Management with the aid of biofeedback equipment.
I was not trying to be rude in my communication only trying to express alot of exciting research that we are currently testing.
Best regards,
Ken
robster970
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Not really but thank you for the kind offer. I suspect that I'm not the type of audience you are looking for.
KenMedanic
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I dont know if we are the first but we are writing the book. So I will pass it over to you by the end of the trial 23.09.2011. We dont know of any one else doing something similar.
One thing we know is that we need to keep things simple as the mind functions best when there is order. So Rotational Trade Management is the most simple of systems I have used. Like everyone else I have made my own indicators and learnt the workings of most of them out there and they are all founded on great research. The trick to a great system, I believe, and our research will show that it is not the signal you use but the feeling that it invokes in you from time to time. This is why some times they work and sometimes they dont. I have even traded mechanically and it is funny how the siganl says go Long and you know that it is going down yet to be true to the system you still go Long, yet your "gut" knew it was not happening this time around.
In the next couple of weeks i am going to open up my screens to traders as I conduct our clinical trials.
If you are interested i will let you know.
One thing we know is that we need to keep things simple as the mind functions best when there is order. So Rotational Trade Management is the most simple of systems I have used. Like everyone else I have made my own indicators and learnt the workings of most of them out there and they are all founded on great research. The trick to a great system, I believe, and our research will show that it is not the signal you use but the feeling that it invokes in you from time to time. This is why some times they work and sometimes they dont. I have even traded mechanically and it is funny how the siganl says go Long and you know that it is going down yet to be true to the system you still go Long, yet your "gut" knew it was not happening this time around.
In the next couple of weeks i am going to open up my screens to traders as I conduct our clinical trials.
If you are interested i will let you know.
KenMedanic
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Hi Robster,
I am not looking for an audience to be true I just want to share alot of this built up knowledge. I need to clear out the archives. LoL
I am not looking for an audience to be true I just want to share alot of this built up knowledge. I need to clear out the archives. LoL
Masquerade
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Masquerade
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I did become more disciplined and for some reason didn't feel the trading boredom I have done of the past. There were times in the past when I just dreaded to sit in front of a computer and look at a trading screen. I played all the internet games, did the forums, chat, MSN to try alleviate the monotony but I still felt bored out of my brain and unstimulated. As I mentioned the two 10% trades do concern me. One thing about the market is it's usually very forgiving but worryingly I only need to **** it up once.
My trading style isn't to pick highs/lows, ideally i'd be trading in the direction of a trend but as I mentioned I only trade eur/usd and as you know it has been anything but trending lately which is why trading has been very challenging for me. Back in the day when euro was just going up every day it was easy money and I could buy every dip and make. Those were the days :innocent:
There have been stressful times I admit. I still struggle to keep regular hours and not have an eye on where price is. Even at times when I have no intention of trading I still want to know what's up. It has bothered me when I check the price at 2am even though i'm close to going to sleep and think about trading - then see the price go the way I thought. I don't know if you can ever really just shut off, do you or anyone else feel a desire to know the price even if you have no intention of trading?
I'd love to be able to just trend trade and buy dips/sell rallies. But as you know, the market's not like that any more lately. So my options are to go away and wait for some long term trend to form, try find something else to trade with a good trend eg. Gold or to adapt to the market i'm trading. I'm really not fond of adding to winning trades. I know it makes sense to max out your edge when the odds are in your favour but raising an average price is something i'm not that comfortable with.
donaldduke
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That sounds like the best thing to do.
I think these 2 sections of your last post say it all. It is VERY hard to trade in a choppy market and make money. It is much easier to trade in line with the trend,....as you know. So WHY are you limiting your trading to ONLY EUR/USD? Find something that is trending,...like the stock market...trending DOWN but trending nevertheless, or Gold, Silver, Bonds, Swiss Franc. Go where the money goes. If your system has merit it will work on these trading vehicles as well.
Trading is alot like surfing,...you are always looking for that next wave as your current wave dies down. But if you have managed to surf your way to a lake or tributary that has calm or choppy waters are you going to get very far? Obviously not...you have to go to another beach where the waves are bigger.
Just my 2 cents.
Good Luck.
piggybridges
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But then, alot of people say you should only trade one instrument. Get good at that instrument, learn how it behaves. Learn how is reacts to news and to other catalysts. Become a specialist in one particular instrument. etc etc
It seems there's conflicting views everywhere. Easy to get completely drowned in opposing information....
True,...but I dont think people mean trade one instrument as in ONLY one currency. If you choose currencies then trade AUD/USD or CAD/USD or something that is trending as well. That's like saying I am ONLY going to trade Microsft Stock becuase I trade stocks in my system. That would be ridiculous if you ask me.
Masquerade
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One reason I was limiting myself to FX was because I have my money on one site and they only offer FX & Gold/Silver (due to the margin changes I couldn't leverage before on metals but I can now.)
Why do I only trade eur/usd? There's a few reasons, one of them being the spread's lowest. Another being that I try to avoid adding lots of complexity into my trading and i'll start comparing pairs with each other and trying to think about their relationships, if one pair's going to move how it's going to affect the other and then even start anticipating moves. I've tried other pairs and my experience hasn't been great.
More importantly, most of the moves of the market are reflected in eur/usd, so I may as well trade the source and eur/usd and cable are the pairs where it's easiest to have the most information on - which is an advantage for me as i'm not a pure TA person.
Maybe I should be moving between what looks to be easiest to trade, but I just don't want to risk having too many fingers in the pie.
kimo'sabby
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Get a comp going on Propboards. Maybe then we can all judge for ourselves wots going on within the mind of the pro(s).
I for one think it would be dead funny, err, i mean educationally funny, not just down right mindlessly funny.
kimo'sabby
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Get the best 2 Propboarders on the T2W comp, combine their scores each week, and i will still beat them, no probs.
How can i propose such outrage?
Cos i'm really good at maths.
Work it out.
How can i propose such outrage?
Cos i'm really good at maths.
Work it out.
Masquerade
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Monday came and I decided to go down the straight and narrow. My usual morning ritual of firing up my screens, reading up on the overnight news, logging into my trading account, sorting out my news feed and shaking my magic 8 ball were no more. I sat in a new found eery silence oblivious to what was happening with the financial markets and started to look at employment opportunities.
I've heard it's pretty grim out there with the employment sector. In the past, I just paid attention to unemployment figures so I could decide the best way to try and make money out of it. I applied to quite a lot of roles, some of which are really low positions and as yet have had no success.
By Wednesday I was starting to feel a bit fed up with it. I thought about where I left off with trading and it didn't seem to make much sense to put it on hold now. A few months ago after hitting some big losses would have been a more logical time to stop.I had been making a conscious effort to not keep up with the latest news and prices. Due to my natural curiousity I did take a look from time to time but nowhere near as often as I would have in the past.
I'm sure some of you have seen that "secrets to success" video which is on youtube that has been posted around in various places. I watched it and it made me think 2 things. 1) Sometimes when you want to succeed, you have to do something difficult & 2) I had felt the pain and made sacrifices for trading and maybe now is the time when it all pays off and I get my reward. I have met people in social situations and we have the dreaded (at least I dread) "so what do you do?" moment and I tell people that I do some trading. People get really interested and start asking loads of questions and say it's something they'd like to try. Looking at them though, I know the minute they lose £50 in a trade they'll hate trading and not want to try it again as they're just not cut out for it and willing to make the sacrifices.
I attended a social event in the week and had the dreaded question asked by some girl I was hitting on. I went to the default "investment stuff" line and then she asked more and I mentioned about trading (I don't tell people about poker for obvious reasons) but this time I felt like a bit of an impostor because the reality was that I had barely looked at the markets, hadn't traded for a few weeks and was doing the same as hundreds of others applying to low skilled jobs without much luck.
At this point in time, I feel that the path forward for me is to do something myself rather than rely on a job. Taking calculated risks is in my blood and i've been doing it through trading and poker for quite a few years now but never fully committed. In a bid to please people around me, I signed up to a skills centre and will be attending a 2 day course on basics such as CV writing/employment searching and whatever else they may cover - I hope that maybe there is something useful I can take from it even if I don't use it in the immediate future. I'm already dreading it and deliberating about not going as the first person I need to be happy is myself and that's not being attained via this route. I do have some pokers in the fire and if one of them comes out red hot then i'll have to pay attention and use it as a means to an end of acquiring larger capital to work with (which is never a bad thing.)
On the bright side, i'm not sure how i'd have traded the euro over the last few weeks and might have saved myself a lot of money. It seems riskier than ever with the euro potentially on the brink of collapsing and in my break I have started to consider trading cable instead or eur/gbp but this is something I will decide upon my return. For now I have to jump through some hoops like a show dog but I have decided that trading will be my desired path.
I've heard it's pretty grim out there with the employment sector. In the past, I just paid attention to unemployment figures so I could decide the best way to try and make money out of it. I applied to quite a lot of roles, some of which are really low positions and as yet have had no success.
By Wednesday I was starting to feel a bit fed up with it. I thought about where I left off with trading and it didn't seem to make much sense to put it on hold now. A few months ago after hitting some big losses would have been a more logical time to stop.I had been making a conscious effort to not keep up with the latest news and prices. Due to my natural curiousity I did take a look from time to time but nowhere near as often as I would have in the past.
I'm sure some of you have seen that "secrets to success" video which is on youtube that has been posted around in various places. I watched it and it made me think 2 things. 1) Sometimes when you want to succeed, you have to do something difficult & 2) I had felt the pain and made sacrifices for trading and maybe now is the time when it all pays off and I get my reward. I have met people in social situations and we have the dreaded (at least I dread) "so what do you do?" moment and I tell people that I do some trading. People get really interested and start asking loads of questions and say it's something they'd like to try. Looking at them though, I know the minute they lose £50 in a trade they'll hate trading and not want to try it again as they're just not cut out for it and willing to make the sacrifices.
I attended a social event in the week and had the dreaded question asked by some girl I was hitting on. I went to the default "investment stuff" line and then she asked more and I mentioned about trading (I don't tell people about poker for obvious reasons) but this time I felt like a bit of an impostor because the reality was that I had barely looked at the markets, hadn't traded for a few weeks and was doing the same as hundreds of others applying to low skilled jobs without much luck.
At this point in time, I feel that the path forward for me is to do something myself rather than rely on a job. Taking calculated risks is in my blood and i've been doing it through trading and poker for quite a few years now but never fully committed. In a bid to please people around me, I signed up to a skills centre and will be attending a 2 day course on basics such as CV writing/employment searching and whatever else they may cover - I hope that maybe there is something useful I can take from it even if I don't use it in the immediate future. I'm already dreading it and deliberating about not going as the first person I need to be happy is myself and that's not being attained via this route. I do have some pokers in the fire and if one of them comes out red hot then i'll have to pay attention and use it as a means to an end of acquiring larger capital to work with (which is never a bad thing.)
On the bright side, i'm not sure how i'd have traded the euro over the last few weeks and might have saved myself a lot of money. It seems riskier than ever with the euro potentially on the brink of collapsing and in my break I have started to consider trading cable instead or eur/gbp but this is something I will decide upon my return. For now I have to jump through some hoops like a show dog but I have decided that trading will be my desired path.
