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| | #465 | ||
![]() | re: Jonbig04's Log
__________________ "You have to recognize that every 'out front' maneuver is going to be lonely. If you feel entirely comfortable than you're not far ahead enough to do any good. That warm sense of everything going well is usually just the body temperature of the herd. Only if you're far ahead enough to be at risk do you have the chance to reap large rewards." | ||
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| | #466 | ||
![]() | re: Jonbig04's Log | ||
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| | #467 | ||
![]() | re: Jonbig04's Log
__________________ "You have to recognize that every 'out front' maneuver is going to be lonely. If you feel entirely comfortable than you're not far ahead enough to do any good. That warm sense of everything going well is usually just the body temperature of the herd. Only if you're far ahead enough to be at risk do you have the chance to reap large rewards." | ||
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| | #468 | ||
![]() | re: Jonbig04's Log Crappy S/R. We were in new territory and the only level I had was 940, which did flip a few times and hold (giving me a false sense of security haha). However I should have recognized on 6/3 that the level was no longer valid when we reversed 7 points above it. Instead I stubbornly decided to keep playing that level when the new level continued to be impressive. I was slightly off on my other level of 927, it wouldn't have made a difference but the level should have been 923 (which I only could have known after the fact). I also have a new level in between that I didn't have until now. Anyways the crappyness came from trying to play 940 when it was so obviously INSIDE the range and not the extreme. stupid stupid, that's OK though. The problem is that I have to be careful when adjusting s/r, because even the best levels don't work all the time, and its a lack of discipline to go adjusting too often, but this week I really should have taken a step back before things got this way. Lesson learned though. I think now its going to be a matter of picking good S/R (and making necessary adjustments), and making better entries. I have no magic numbers or silver bullets to help me. Just more screen time. I need to be able to recognize patterns on the 5 sec more quickly, and to realize when the market is telling me that I'm wrong. There's no short cuts. Anyways I'm not too bummed, one good trade will more than take care of all the losses (which is a pysche benefit of large r/r )New levels are 947, 933.25, 923
__________________ "You have to recognize that every 'out front' maneuver is going to be lonely. If you feel entirely comfortable than you're not far ahead enough to do any good. That warm sense of everything going well is usually just the body temperature of the herd. Only if you're far ahead enough to be at risk do you have the chance to reap large rewards." | ||
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| | #469 | ||
![]() | re: Jonbig04's Log
__________________ "You have to recognize that every 'out front' maneuver is going to be lonely. If you feel entirely comfortable than you're not far ahead enough to do any good. That warm sense of everything going well is usually just the body temperature of the herd. Only if you're far ahead enough to be at risk do you have the chance to reap large rewards." | ||
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| | #470 | ||
![]() | re: Jonbig04's Log
__________________ "You have to recognize that every 'out front' maneuver is going to be lonely. If you feel entirely comfortable than you're not far ahead enough to do any good. That warm sense of everything going well is usually just the body temperature of the herd. Only if you're far ahead enough to be at risk do you have the chance to reap large rewards." | ||
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| | #471 | ||
![]() | re: Jonbig04's Log I cannot understand that happening live, but can understand that happening in sim if your broker feed is using snapshot data then it can miss the extreme ticks and in situations like this, not get a fill in the simulator. If it was live, I can't see any way you would not have gotten filled if your limit order was in there and accepted by the exchange before it traded 2 ticks above. My best, MK | ||
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| | #472 | ||
![]() | re: Jonbig04's Log | ||
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