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That's pretty fast and reading the mentioned post it sounds like you got out of your comfort zone, pushed through the pain barrier and came out better for it.


Comfort zone was not an issue. The flow was akin to my early glory days with the big SP car in the mid 80’s so I was grinning a whole bunch. Very little pain. For me, it was the perfect amount of stress... much less stress than trying to get a few ticks out of sideways action. Using the cage fighting metaphor, it’s ground and pound time and I’m going to pound with longs and shorts until they pull me off. Unequivocating retrace-free opportunities like this come along rarely and within seconds of my MarketTyping going ‘parabolic’ the middle of last week, I implemented the ‘dumbest’ manual systems I have... and will continue doing it day in and day out until it’s over. ( A MA is not what I’m using but btw, in this particular environment, even a simple moving average would work - not quite perfectly, but it would work! ie there’s a time and place for every trading method known to man... with no apologies to the method purists and sect imams). For the first time in years, last week I manually outperformed my automated systems 3 days in a row. (but I been thanking the lord for it for the overnights when I’m not around)


What is up with these 20-30 point swings in minutes over the last few days?

... the extraordinary madness of crowds ? :) ...just don’t get attached to it because the ‘rhythm’ will change. In fact it was already starting to fade Friday afternoon ... 'back and fill' etc. etc starting to show back up,...so...I may start this Monday morning in this ‘dumbest’ mode, but would not be surprised if by the afternoon I’m be back to more complex, ‘risks and probabilities considered’, filtered, etc etc selective methods of entry and exit,...



I also have a tendency to mentally shut down when I'm doing poorly (most of the time) because I doubt what I see, I'm trying to push through these issues but its tough.

The kind of day trading you’re doing is like cage fighting, you better take all opportunites to strike (or whatever ). Yes, you can take a few seconds off here and there, or even a whole round off, but if you take more than that ‘off’ - you lose points, you miss making points, you lose the rounds, and you lose the fight. ie If you ‘retire’ before the ‘day’ is over, you lose the fight Period.


again...here’s WHY you might want to focus on developing resilience !!

BECAUSE!!!! --- You don’t know which entries will be washes or losses. You don’t know which ones will make good profit. You don’t know which ones will make exceptional profits. That’s why I been recommending ways for you to get exposure to as many of them as possible and ultimately to all of them - all day long. Basically I’m advising you to work on Gam and much as you do game...

Ideally, a signal - your pre-determined criteria for your minimum signal quality allowable - should always be ‘easy’ for you to see, ie it should take very little ‘yes no maybe what if thinking’ to see whether the current auctions reach your minimum signal quality, and if they do, you pull the trigger - over and over all day long.


90% + of those who read this will immediately jump to the easy conclusion that I’m advising you to develop a sink-or-swim bootcamp mentality of “tough it out or go home” type of toughness. Wrong! Let’s define toughness as your capability to resist extreme stress - then forget about toughness for now. Let’s define Resilience as your capabilities to recover from excessive stress - and I’m advising you to start right where you are and develop ‘resilience’.


We need sufficient stress to survive. More ‘good stress’ , aka Eustress, is good, but there is a certain point past which any additional stressor pushes you into distress. ... discretionary trading IS the art of eustress.


Almost daily your posts acknowledge when you’ve gone ‘into the shape of excessive stress reaction' and you recognize an incomplete quality in the cognitive chain aspect of your performance ... For examples, just look at the last sentence of 60-70% of your posts. Let’s honor that you currently recognize when your form is collapsing and you stop. I’m advising you to suspend your predispositions about your performance possibilities and your criticisms of individual trades and to next consider developing ‘resilience’. Instead of resting until the next morning - which is not real recovery btw - I’m suggesting you begin working to recover back to your ‘form’ as soon as it is lost - same day.


While the CNS cannot differentiate between types of conflict stressors (physical distress, occupational, social, interpersonal, intrapersonal, financial, familial, etc, etc.) it is quite the expert at differentiating the degree (the ‘volume’ of the stress? That way we’re still on wackoff topic :rofl:... anyways ...) and as you reach thresholds of total stress, sets of predictable patterns of internal events and external behaviors manifest. At those (actually quite discrete) levels, progressively one‘s cognitive processing deteriorates, perception ‘narrows’ / partially shuts down, vigilance spirals to either hyper or hypo, and ‘irrational’ content and behavior emerges, etc. etc. Sets of quite discrete physical reactions lead and then accompany the above listed compromised cognitive functioning


Just like in a kinetic chain - jumping, sprinting, striking, throwing, whatever - when one part of the kinetic chain tires and can no longer perform with precision, the quality of the whole chain breaks down...


Time’s up for now... Let’s take this to PM’s or another thread. The knockoff knwykoff topic nazi hovers and other readers may be fascinated for a moment but their real levels of interest for this stuff is low

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    • Date : 29th November 2021. Market Update – November 29 – Omicron dominates sentiment. USD (USDIndex 96.30) recovers from Fridays slump (95.98), Stocks lost over –2.2% in thin half-day trading, Oil FUTS lost –13%, Gold slumped and Yields tanked (10-yr 1.482%) on a safe haven (JPY & CHF bid) risk off day. (and a strange carry trade bid for EUR). Weekend news, as Countries block flights and tighten restricts, but first Omicron cases in SA appear mild and hospitalizations have not spiked, has seen a bounce in sentiment and Asian markets. Pfizer suggested it would take 100 days to adapt new vaccine, if required. US Yields 10yr trades up 5.1 bp at 1.52%, after Friday’s slump. Equities – tanked in thin and short day on Friday USA500 -106.84 (-2.27%) at 45941 – USA500.F trades higher at 4639. USOil – collapsed to $67.08 – now up nearly $4 at $71.00. OPEC+ have delayed this weeks meeting by 2 days & likely to delay planned January production increases. Gold spiked under $1780, has bounced to $1795 but struggles to recoup $1800   FX markets – EURUSD now 1.1270, after a +125pip rally on Friday, USDJPY now 113.36, from 115.50 to 113.00 on Friday & Cable back to 1.3325. Overnight – JPY Retail Sales recover but miss expectations (0.9% vs 1.2% & -0.5% last time). European Open – The December 10-year Bund future is down -27 ticks, US futures are also in the red & the US 10-year rate is up 5.1 bp at 1.52%. Stock markets remained under pressure during the Asian part of the session, but DAX and FTSE 100 futures are up 1.2% and 1.3% respectively and a 1.2% rise in the NASDAQ is leading US futures higher. A part reversal of Friday’s flows then as virus developments remain in focus. Travel restrictions are making a come back and the services sector in particular is facing fresh pain, but as Lagarde suggested over the weekend, the impact of Omicron is unlikely to throw economies back to the situation at the start of the pandemic, meaning the overall situation has not really changed. We continue to see the ECB on course to end PEPP purchases on time in March next year, although developments will add to the arguments of those who want to keep the flexibility on the distribution of asset purchases at least for future emergencies. The BoE meanwhile may be postponing the planned rate hike into next year. Today – German regional and national CPIs, Eurozone Consumer Confidence (final), US Pending Home Sales, ECB’s de Guindos, Schnabel, Lagarde, Fed’s Williams, Powell. Biggest FX Mover @ (07:30 GMT) CADCHF (1.00%) The risk-off collapse on Friday 0.7400-0.7200 has recovered to 0.7280. MAs aligned higher, MACD signal line & histogram rising but still below 0 line, RSI 53.80 & rising H1 ATR 0.0018, Daily ATR 0.0062. Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HotForex Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Stuart Cowell Head Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
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