Procharged's Trader ProfileWhat do I want?
#1 I must develop a money management mindset which parallels that of a professional gambler. (SpaceBalls)
#2 It is imperative that my losses cause me great laughter!!
#3 I need to have each of my trades (3-5 add entries OR a 3-5 trade sequence) earn 50, 80, or 100% increase on my acct. while risking a maximum 3% of MY margin capital. Why do I want it?
edit: It's an obsession.
#1 So that $$ and “how much” things cost is no longer an issue for Me or my family.
#2 Freedom to do the things that I love when I want to do them............
Trade, Time with family, Weightlifting, and to give both my time and talents to others. Trade for FREE, Teach for FREE, ect.What kind of trading do I do right now?
#1 Mo n Go:
Macd fast line above water line, Price pulls back to 8/12ema, buy...........rollover @ opposite 10/2 bollinger band if price goes against me. Simple and VERY effective on FxTester.
#2 Buy A/J:
Using the round #'s of 20,40,60,80, and 00 levels.
Rollover 20-40 pips lower.
#3 Take Rob's Trade calls from TFL365.Is that trading getting me the results that I want?
No, Fear of loss/being wrong AND of missing out has not allowed me to trade what I see and know as true.What routine do I follow right now on a daily/weekly basis?
Wake up, grab phone, check charts, look at chat room.
Go to PC, scan charts, chat, workout (while watching charts and chat) go to work.
Watch/post charts and take trades when ever possible while at work.
Lately I have started testing much more regularly and almost every day. before it was large chunks and then none for months.
I've taken over 3500 tester trades on EU and AJ last couple yrs.Who is my support? Who is my accountability partner, who can see my trading?
My wife is a great support but has nothing to do with my trading.What is the definition of a Class A trade for me?
Class A Mo n Go tradesWho are the people around me and how do they influence my trading?
Current group is that of tfl365.com and all it's members.
Not much influence on trades except some of Rob's trades calls.
Kreslik traders commmunity........M.O.'s postingsWho do I want to be in 12 months, as a trader?
One who has the ability to execute my plan with very few mistakes.What do I want to have accomplished?
All the above and be trading at bare minimum a $250k acct. starting with a $400-$1000 account.
A “real” trader can scrape together $100 at any time and be financially independent within 4-6mo. NO FEAR
Take a moment, and close your eyes, and think about the trader you want to be in 12 months.
Visualize that trader, having achieved what you wanted to achieve – it’s you, sitting across from you (you’re seeing a version of yourself who has accomplished what you want today).
What do you see?
What do you have in your life?
How are you dressed?
What emotions do you appear to have?
What have you accomplished?
Where are you sitting?
What do you hear?
What are the colors around you?
What equipment do you have?
Are you trading from home? On a semi-permanent vacation?
What people are in your life?
Now, step forward, step inside that person, and feel the room get bright around you, feel the colors become more vibrant and the sounds louder, and the emotions that successful person was feeling – let yourself now feel those.
And answer this question: what did that person who you have become – what did you have to want and believe in order to get what you wanted?