Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

naer889

Off-topic Posts

Recommended Posts

Re:

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

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.