boomtastic

i've been posting a lot past trades doing a little review i still have a few to login .the truth is that i should be shitting worms the size of anacondas with all the bad sushi charts that i traded. i haven't tried every indicator but a lot and i think it's all just information on past performance. don't get me wrong a lot the more popular indicator were created by legendary multi million dollar traders traders of the past but they traded blue chip stocks and futures contracts penny stocks i don't know . what i have learned is that all those fancy indicator and high power trading computers don't mean shit if you can't find a stock in play . it's like having a 5000 dollar fishing pole trying to catch a whale in a dead pond with no fish . i see the money . the market always throwing money in my face . i'm beginning to think that the market is not my competition . i think the competition is me

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boomtastic

i'm finally on vacation . now i can get to spend some quality time in the market. i cant work and trade at the same time. i feel like im stealing.

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boomtastic

i spent the last few week playing with my scanners creating scans from scratch . i must of made at least 75 or so scans. trying to capture a chart with with the first green day spike. i also learned to create a strategy and back test the strategy. i learn how to read the minulate the algorithms to generate entry and exits points and back test it for a analysis. i've also spent a lot of time reading order flow threw the price ladder. i not only trying to prepare for today but i also want to prepare for tomorrow. first we had floor traders . there had there changes prop firms traders saw there changes the algo came and that took a lot traders down .and i a former diamond setter - master jeweler earning 2 to 5k a week didn't see my change coming , spending most of my years on the now and not putting any time into tomorrows change. i went from fondling millions of dollars of diamonds to picking up cigarettes butts of the parking lot driveway. paying attention to today only and not preparing for tomorrow is like waking up in a prison cell and seeing bubba and his very large and powerful friends having there way with you and you know whats going to happen and you know you cant stop it sorry i had to let that one out

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boomtastic

check list development. i have been working on my check list . i changed the name from check list to trading book. they have the same patterns names like dip buying but with some small changes likes dip buying on the daily chart or intraday chart. i been going over the Tim check list and the other guys flight check list no disrespect . i also add and making changes that are pattern specific that makes the most sense to me. i also add a yes , no check list to each part of the check list. like is the news good yes or no. is there a 50 % spike in volume is the short interest 6 % above normal and so on. in the end i hope to have a a pattern + check list that not only captures the mob but also acts a a system of control on my emotions so i don't make any stupid mistakes

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boomtastic

i started trading in April of this year. i opened a TD account with 50 dollars , i downloaded there software and started learning and built up the account . Its 1500. i only trade 1 third of my account . if i loose that i stop trading until i replenish the account. its the only protection that i have if a flash crash or a market crash were to happen. when i have enough money and experience built up i will go from full time employment to a part time job. so i can day trade.

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boomtastic

Im back i took some time to study, mostly reading information that i downloaded from this site and others. i also started reading a lot of news from different sites. im trying to understand cretin terms that the media uses that i don't understand. with regards to the general market. im basically working on the r reason catalyst and e market environment on the trader check list

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boomtastic

I'm taking this week to study the setups that i learned. the market is bad and for moment and i only go long. i want to master going long before i start working on my shorts. i have been working on the market open. on Monday and Friday only. 30 min premarket the open and watch it fade which is about one hour. some times longer. i mostly take a small positions. small enough to got to zero and it not bother me. i basically have to move up by 75 cents or more for me to cover my commissions. it not about making money but about mastering the trade. and getting in some live trading time without going broke. paper trading for me is not the same no pressure to learn from. the trades are early morning spikes and dip buying.

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