Aliassmith Psychology 101 and other stuff

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aliassmith
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Postby aliassmith » Thu Apr 08, 2010 4:09 pm

Still working on taking a smaller loss, tend to be stubborn about it.
Account up today but could have been better.
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aliassmith
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Postby aliassmith » Fri Apr 09, 2010 4:57 pm

I can be hard to master yourself. Old habits/emotions come back just when
you think you changed your ways. Need more positive reinforcment for
the well performed trades and negative feedback on the less than desirable
execution.

Pulled out 16 pips even after being down over 40. :oops:
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gfg1
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Postby gfg1 » Fri Apr 09, 2010 5:42 pm

Alias your method is the one I have most gravitated to and myself am implementing, namely because you trade off a naked chart. Would you mind posting your carts again, as it was good to see someone else thinking along the same lines, good or bad. TIA

aliassmith wrote:I can be hard to master yourself. Old habits/emotions come back just when
you think you changed your ways. Need more positive reinforcment for
the well performed trades and negative feedback on the less than desirable
execution.

Pulled out 16 pips even after being down over 40. :oops:
Price closed over a line that you believed to be support and that is the first indication that something is WRONG-MO

aliassmith
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Postby aliassmith » Sat Apr 10, 2010 1:33 pm

gfg1 wrote:Alias your method is the one I have most gravitated to and myself am implementing, namely because you trade off a naked chart. Would you mind posting your carts again, as it was good to see someone else thinking along the same lines, good or bad. TIA

aliassmith wrote:I can be hard to master yourself. Old habits/emotions come back just when
you think you changed your ways. Need more positive reinforcment for
the well performed trades and negative feedback on the less than desirable
execution.

Pulled out 16 pips even after being down over 40. :oops:


Sorry Gfg1,

If you look back some pages you will see there was a big "debate" about
me posting my charts. Because I trade on the M5 chart mostly it can be
liquidity dependent. So in order to protect my future trading I am refraining
from posting my charts with my entries and exits.

Currently I am using this thread to log my trading days and discuss other
trading stuff if anyone likes.

EDIT: BTW..naked charts are the way to go! All the indicator stuff is a
crutch in my opinion.
Trade Your Way as Long as It Makes Money!

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gfg1
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Postby gfg1 » Sat Apr 10, 2010 2:16 pm

Alias, I understand completely. I use the MT4 charts, but trade the 6E futures contract. You may want to consider that route also. Some day wanting to get to your size per pip. Keep up the good work.

aliassmith wrote:
gfg1 wrote:Alias your method is the one I have most gravitated to and myself am implementing, namely because you trade off a naked chart. Would you mind posting your carts again, as it was good to see someone else thinking along the same lines, good or bad. TIA

aliassmith wrote:I can be hard to master yourself. Old habits/emotions come back just when
you think you changed your ways. Need more positive reinforcment for
the well performed trades and negative feedback on the less than desirable
execution.

Pulled out 16 pips even after being down over 40. :oops:


Sorry Gfg1,

If you look back some pages you will see there was a big "debate" about
me posting my charts. Because I trade on the M5 chart mostly it can be
liquidity dependent. So in order to protect my future trading I am refraining
from posting my charts with my entries and exits.

Currently I am using this thread to log my trading days and discuss other
trading stuff if anyone likes.

EDIT: BTW..naked charts are the way to go! All the indicator stuff is a
crutch in my opinion.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

aliassmith
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Postby aliassmith » Sat Apr 10, 2010 3:18 pm

"Alias, I understand completely. I use the MT4 charts, but trade the 6E futures contract. You may want to consider that route also. Some day wanting to get to your size per pip. Keep up the good work."

I think there was was misunderstanding. I don't trade huge right now. I
did trade many lots before with a different trading method that was
destroyed because of the liquidity issues that I mentioned.

Currently I am practicing my new and final method of trading, mostly
working on mental controls.

I have been on a mission for a little while now wondering why pinbars,
zlines, double tops with lower closes, candle patterns etc. work/fail.
What is really going on behind the scenes.

I was on track months ago when I was studying Sam Seiden's stuff,
although I was turned off because of his indicators. I did however gleen
some information about orderflow and his logic behind his trading.

It wasn't until a little time ago that a trader from this forum inspired me to
revisit what I was doing and it finally clicked in my head. All the stuff
that I learned from Sam, MightyOne, James16, and ES/PIP has really
helped me put it all together.

So now I study and practice Price Action and Logic of the charts exclusivly.

Thanks for the tip on 6E futures, I'll have to reseach them.
Trade Your Way as Long as It Makes Money!

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newschool
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Postby newschool » Sun Apr 11, 2010 12:07 am

aliassmith wrote:
If you look back some pages you will see there was a big "debate" about
me posting my charts. Because I trade on the M5 chart mostly it can be
liquidity dependent. So in order to protect my future trading I am refraining
from posting my charts with my entries and exits.


I still think its non-sense. But I dont care, its for you : by posting charts , you have the chance to get a very precious feedback... Thats exactly why I post here, and I have made multiple EAs for free. By giving you always receive..

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es/pip
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Postby es/pip » Sun Apr 11, 2010 12:17 am

newschool wrote:
aliassmith wrote:
If you look back some pages you will see there was a big "debate" about
me posting my charts. Because I trade on the M5 chart mostly it can be
liquidity dependent. So in order to protect my future trading I am refraining
from posting my charts with my entries and exits.


I still think its non-sense. But I dont care, its for you : by posting charts , you have the chance to get a very precious feedback... Thats exactly why I post here, and I have made multiple EAs for free. By giving you always receive..



Image





if i am trading in a 10ish pip range and i need pretty exact fills

then i do not want 100 other people trying to trade where i am trying to trade

if i am trading in a 20 and above range then i could care less.

he chooses to not show his scalping stuff, its his choice

he has made more posts helping others than i have seen you make

i pretty much do not show my scalp stuff for the same reason

i have no issues showing longer term stuff because my fills do not matter at all
Bend over and assume the position for another 4 years of hope and change.

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Postby prochargedmopar » Sun Apr 11, 2010 2:01 am

aliassmith wrote:"Alias, I understand completely. I use the MT4 charts, but trade the 6E futures contract. You may want to consider that route also. Some day wanting to get to your size per pip. Keep up the good work."

I think there was was misunderstanding. I don't trade huge right now. I
did trade many lots before with a different trading method that was
destroyed because of the liquidity issues that I mentioned.

Currently I am practicing my new and final method of trading, mostly
working on mental controls.

I have been on a mission for a little while now wondering why pinbars,
zlines, double tops with lower closes, candle patterns etc. work/fail.
What is really going on behind the scenes.

I was on track months ago when I was studying Sam Seiden's stuff,
although I was turned off because of his indicators. I did however gleen
some information about orderflow and his logic behind his trading.

It wasn't until a little time ago that a trader from this forum inspired me to
revisit what I was doing and it finally clicked in my head. All the stuff
that I learned from Sam, MightyOne, James16, and ES/PIP has really
helped me put it all together.

So now I study and practice Price Action and Logic of the charts exclusivly.

Thanks for the tip on 6E futures, I'll have to reseach them.


I would like to defend Sam on the indicator issue.
He does NOT use indicators.
He produces the indicator vids for those who need the psychological crutch.
There are very successful traders who use indicators as there are those that don't.

I like horizontal lines and wish I would have stuck with them when I first got into trading like both M.O. and TRO said to do.
In my head I knew it was true, but my heart(emotion) was not on that level yet.

No turning back now.

es/pip,

Not again......LOL

:twisted:
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

aliassmith
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Postby aliassmith » Sun Apr 11, 2010 2:55 am

"He produces the indicator vids for those who need the psychological crutch." PRO

I am not saying people can not trade successfully with psychological
crutches as you call it. 8) Although that is what I feel they are.

Stick to the horizontal lines procharged they are freedom.

And as some people believe Forex liquidity in endless I shall let them
believe what they want. :wink:

It is not like I said I saw the Lochness Monster or anything.
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