(2018-07-08, 10:06 PM)badcharts Wrote: Just want to thank you again for maintaining this great site! I keep using as a well of inspiration. Pcabc intermittent note's are also a good read, very refreshing and honest. Makes me reflect on my own progress a trader and human.
Not sure what to say in reply to that except thank you.
Pete
Hi Pete,
Yes, It is all good! We have a tendency to hide and not look in the mirror. I now believe that hinders progress. The more ways we find to self-evaluate honestly, the better we grow.
(2018-07-08, 10:06 PM)badcharts Wrote: Just want to thank you again for maintaining this great site! I keep using as a well of inspiration. Pcabc intermittent note's are also a good read, very refreshing and honest. Makes me reflect on my own progress a trader and human.
Not sure what to say in reply to that except thank you.
Pete
Hi Pete,
Yes, It is all good! We have a tendency to hide and not look in the mirror. I now believe that hinders progress. The more ways we find to self-evaluate honestly, the better we grow.
Work in progress from my end also!
Regards,
Patrick
I recommend starting a journal in the members section and posting each trade on the days that you get in and out of the trade. It has really helped me over the years, as it helps to stop you from making impulsive trades that break your rules, and keeps you accountable to yourself. And also gives you a way to look back and review your mistakes, so that you can learn from them.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
(2018-07-08, 10:06 PM)badcharts Wrote: Just want to thank you again for maintaining this great site! I keep using as a well of inspiration. Pcabc intermittent note's are also a good read, very refreshing and honest. Makes me reflect on my own progress a trader and human.
Not sure what to say in reply to that except thank you.
Pete
Hi Pete,
Yes, It is all good! We have a tendency to hide and not look in the mirror. I now believe that hinders progress. The more ways we find to self-evaluate honestly, the better we grow.
Work in progress from my end also!
Regards,
Patrick
I recommend starting a journal in the members section and posting each trade on the days that you get in and out of the trade. It has really helped me over the years, as it helps to stop you from making impulsive trades that break your rules, and keeps you accountable to yourself. And also gives you a way to look back and review your mistakes, so that you can learn from them.
Hi Isa,
Very good idea! Can never have enough mirrors!
I might do the data dump on my website though... maybe share the links here (or copy paste the content here). I don't always trade ala stage analysis, using my monthly candle chart trading framework for Forex.
But the members feedback of stageanalysis.net is the true added benefit or having the information visible here.
Yes, It is all good! We have a tendency to hide and not look in the mirror. I now believe that hinders progress. The more ways we find to self-evaluate honestly, the better we grow.
Work in progress from my end also!
Regards,
Patrick
The ability to compare notes is invaluable. It lets me know that stage analysis can work, but it is not a magic bullet.  This is quite heartening, as it has been tempting to give up. It is also useful to compare ones own view of breadth with others, witness the excellent work of others, especially Isatrader.
For myself, I have been impulsive, but I am getting more patient. I'm also trying to better judge when breadth supports, or better, does not support opening a position.
Lots of stocks appearing in the scans in the last three days, but the quality isn't there at the moment, so not much for the watchlist other than ELVT, which broke out of its IPO base last week on average volume and has continued on this week on higher volume. But obviously a long way from an entry point, so one for the watchlist.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
