zdo

Line Changes: None actionable. Position Changes: None. Still short net 25% allocated ~10980 Jun. Buy stops still clustered ~ 11940 Jun Order Changes: None Comments: A couple "SR" / more like vapor trail SR lines being approached... will they hold?

... gotta scoot...quick idea...implement with ELTic and ELToc dll's in TS?

Line Changes: Turned next leg of the Active Green Stay Line back down. Starting to work angle, but not start level, of red line for adding to position… Position Changes: None. Still short net 25% allocated ~10980 Jun. Buy stops still clustered ~ 11940 Jun Order Changes: None

Preface: My qualifications to answer this question are low. I know nothing about the site or provider and have no intention of seeking any information. I’ve only done on-line training one time and he fired me in less than a month… I haven’t been to any live workshops or trainings since like 1993 – but did aplenty before then and 95% of them were a complete waste of money and time for me… “Consistent profits originate from valid beliefs – not knowledge of the markets.” John Hayden The question I would ask myself is - Am I relatively certain that $6000 + will buy me $6000 + worth of valid beliefs? Or am I going to have to develop those beliefs independently - whether I buy this service or not?

Line Changes: Turned the current Active Green Stay Line to almost flat angle. Position Changes: None. Still short net 25% allocated ~10980 Jun Order Changes: Buy stops moved to ~ 11940 Jun Comments: … barely on topic “…If Germans rioted they would be in the streets today. They totally got sold out beyond belief. But it doesn’t seem to be in their nature to riot so rather I think they will dump their Euros and buy gold. That’s how Germans riot…” Michael Krieger, circa 2010 “… gold will not save them” zdo, circa 2010 The Road To Destruction | David Chapman | Safehaven.com types, notwithstanding… Comments: Pension Pulse: Is the World Heading Towards Parity? Bangkok Dangerous | zero hedge Comments: and just for mean snicks… The Silver Curtain | zero hedge Have a great weekend all...

'All negative emotion is expressed as flexion” Moshe Feldenkrais, Anatomy trains: myofascial meridians ... - Google Books “All…” is not entirely accurate – but it’s still close enough to be a general rule. The point is - (even subtle) habitual flexion binds flow… and without flow one cannot consistently stay near the top of the ‘pareto’ of traders…

From the “Single Largest Roadblock” thread gandalf33, Have you read Mark Douglas or been to one of his workshops? Solid foundations for the ‘thinking’ aspect of those factors mentioned by MadMktScientist, etc... http://www.woodiescciclub.com/Lectures/mark-douglas/index.htm http://www.woodiescciclub.com/Lectures/mark-douglas/august-2005.htm I still set an appointment to listen to these one morning a year ... whether I need to or not... I think it was Larry Williams who suggested going and playing slots for days and days as a way of desensitizing… if I were doing that, I would also try to remind myself just before every pull that “this is a trade” Playing poker with stakes I seriously didn’t want to lose helped me a lot at a specific juncture with this issue… fold….fold… fold….fold… fold… fold…call...fold….fold… fold….fold… fold… fold … get the picture? Note poker is a ‘different’ game – but still it’s subject to the basic ‘pain makes you stupid’ and ‘learning how to lose’ rules Ultimately though, I think it is best just intending and practicing to get better and better at taking losses in real trading...becoming aware of the idiosyncracies of your own patterns...ferreting all of them out too ( because there's always more than one)... preparing ahead of time to recover more quickly than ever before...'working through' attachments... yada yada...

Andrew Lo This Is Your Brain on Prosperity: Andrew Lo on Fear, Greed, and Crisis Management - Freakonomics Blog - NYTimes.com Not wanting to ‘be wrong’ is crucial part of it, but in my experience the right / wrong is just one of a simultaneous and varying four pack of factors... Some of us come to trading with these ‘threat associations’ globalized, ubiquitous, and at the ready… each threat joins a crescendo triggering associations with ALL other threats past (and ‘future’ / projected), Each loss is associated with, yes, even a painful death itself…with most of the ‘action’ occurring in surges of consciousness, then ‘repression’, suppresson, what not… (…my guess is about 78% of any current generation/population of traders fall into a gradient of this group…) Some traders come with associations but they are less universal, lower quantity (…I estimate about 19% of any current generation/population of traders fits into a gradient of this group…) And a few come with very few of these ‘associations’ / triggers… (roughly 3% … how do you spell paretopareto?... ) This can serve as a scale of the ‘emotional vulnerability’ of a trader…it’s kind of scary - a huge percentage of seriously self honest traders could not accurately say in which group they would really be if they were hooked up to biofeedback….) …factors of genetics AND learning…but not the kinds of learning limited to cognitive functions and ‘discipline’ … ‘thinking’ can help but to believe that thinking alone can ameliorate these vulnerabilities is naïve and misguided…

gandalf33, To keep from diluting this topic, I am quoting you and making some comments in the 'thyself' threads... maybe at least skim them. Also nominating that post for Post of the Month All the best, zdo

Across time, the single largest roadblock standing in the way of my trading success was keeping losers too long. Frequency of that mistake has thankfully dropped off precipitously in the last 10 - 15 years. These days, most of my systems have me out before the stop is hit , but some systems still have no stops at all. And on those I am occasionally still tempted to hang in with a loser, especially during long win runs... that fuzzy, sometimes ignored, and sometimes low-perceptible little line between confidence and hubris...

Line Changes: Extended Active Green Stay Line same angle. Added new tentative down sloping trend line... Will work additional short entry via lines at some point...all red lines currently there on 'time' only, not on 'price levels' at all ... Position Changes: None. Still short net 25% allocated ~10980 Jun Order Changes: Stop losses moved to ~ 11110 Jun Comments: All that posting for this? Silver side is doing fine...

Fiat money is the holocrush waiting to happen. To me, that is more accurate. The world is currently packed with ‘paper bugs’… and getting more and more unbalanced. All the nominal ‘debt’ is just an effect, a symptom, a ‘logical’ exploitation of the existing paradigms and systems… Ideally, the holocrush would be peaceful and seamless. If history is any indication, it won’t be… the ‘prophets’ will get it right one more time… it’s funny how all prophesies ultimately come true over and over again…unspeakable horrors… sad for all the ‘innocent’ peeps…

re "keep track of other markets than the one I will be day trading " I vote none - no other markets... unless you're arbing or spreading or have a natural knack for cross market work... For me, the 'leads' and 'lags' have not proven to be sufficiently and consistently reliable At times, for example, the NQ will lead immaculately then just as suddenly as it started it stops or becomes a 'trick that keeps on tricking' ....

Line Changes: New downsloping Green Stay Line. Position Changes: None. Still short net 25% allocated ~10980 Jun, Order Changes: Stop losses moved to ~ 11160 Jun. Comments: Friday and Monday charts posted...

Line Changes: Extended Active Green Stay Line horizontally. Start working Stay Lines Monday. Position Changes: None. Still short net 25% allocated ~10980 Jun, Stop losses at ~ 11210 Jun Order Changes: None Comments: Will start looking for lines to add another % to short position ... off topic What a great week to be a trader! My guess - ‘computers’ triggered the wild ride – probably YEN trades… …and these days you’re either long the world or short the world… Have a great weekend. PS It's not allowing attachments right now - will post picture later

Line Changes: Extended Active Green Stay Line horizontally Position Changes: None. Still short net 25% allocated ~10980 Jun, Stop losses at ~ 11210 Jun Order Changes: None Comments: SP / Gold near parity…

BF, Ditto HLM - Check out DimDim...hth

Line Changes: None Position Changes: None. Still short net 25% allocated ~10980 Jun, Stop losses at ~ 11210 Jun Order Changes: None Comments: Up is down… way up is up Changed background color of chart... Have a great weekend all

[ame=http://www.youtube.com/watch?v=1_XLud78dLE&feature=player_embedded]YouTube - Larry Williams What It Takes To Be A Winning Trader[/ame]

BF, re :" 'walls' on the DOM " If you have time and energy for it could you please expand and or illustrate this. Many thanks. zdo

Line Changes: None Position Changes: None. Still short net 25% allocated ~10980 Jun, Stop losses at ~ 11210 Jun Order Changes: None Comments: …reminder - am ‘supposed’ to be short 100% net allocated all the time in this position… …reminder – Trend Lines are placed to hold - Stay Lines are placed to be broken

Mentioned many of these areas of work in this cluster of posts. On a very important level the work was getting to where I embodied the understanding that my spirit will not invest in or abide in compromise…Mind, body, maybe even soul, will – but not “my” spirit… Close to that level, it required a lot of ‘clearing’ – trauma clearing, energy clearing, …his methods aside, Eckhart Tolle does as good a job as anybody else describing this stuff in modern western verbiage… Pragmatically, the work was racking up the hours learning to put myself right back into those same very painful situations until I ‘got’ it. Behaviorists would call it self behavior mod, desensitization, etc… but I know I certainly didn’t experience it in those terms…a therapist might say I had gotten really proficient at ‘just right distancing’, etc. … but I know I certainly didn’t experience it in those terms…Btw, I personally made many ‘mistakes’ along the way in this regard – sometimes taking on too much perceived pain, sometimes taking it way too easy (“…if you’re comfortable, you’re not going fast enough” Mario). Some areas of the work can’t be mentioned because I am now, unfortunately, out of touch with them. Now it’s just a story - “Success [and failure, brackets mine] kill knowledge” I could try, a Soros could try, a street derelect could try - but none of us could really verbalize or prioritize the real serial and parallel, etc factors that got us where we are…just stories. You can get valuable tips and tricks from others – but the real work is all yours. Keep searching for the ‘right’ questions – the question is the answer. hth “Nevermind you can't walk into the same river twice. You can't walk into the same river once!”

Line Changes: None except extending Green Stay Line horizontally. Position Changes: None. Still short net 25% allocated ~10980 Jun, Stop losses at ~ 11210 Jun Order Changes: None Comments: Came within 2 ticks of starting to get stopped out yesterday…

Line Changes: Brought Active Green Stay Line down some. See comments below about placement. Position Changes: Short net 25% allocated ~10980 Jun Order Changes: Placed stop losses at ~ 11210 Jun Comments: Haven’t put much work into the original placement of a StayLine ! especially when there in no appropriate recent pivot to start from… Been blogging and posting about these StayLines for months with no occasion (yet) to actually apply them… patience… Been ‘discussing’ rates a little bit… Opinion pieces I ran into Bonds Nowhere To Go But Down | Sol Palha | Safehaven.com & Marty Chenard

Line Changes: None Position Changes: None. Flat Order Changes: Moved Sell stops in to ~10980 to go short net 25% allocated