Termination of old ISP

I'm a very patient man.

To prove it, 3 weeks dead internet and I still cling to my ISP..Only a week good connection and then another 2 weeks of dead internet..If I still proceed with my patient demeanour,,then it is dumb.

Trading is very hard enough for 95% world population and I dont want to start new year 2011 with the same ole problems in 2010.So I give them my stop loss.But need another 2 weeks before new ISP comes in.

Meanwhile I have preparing my self with revised setup that I can write it on a business card.
Only 2 filters and 2 subfilters and I'm in..........( compared to old setups that have 5 filters, 3 subfilters.)

Yes, that is a damn fast setup. Any dead internet connection will screw it

"Sang" - Who cares if someone makes more than me on a trade?

http://www.sanglucci.com/education/the-psychology-of-trading/#more-1358
Who cares if someone makes more than me on a trade? Who cares if I didn’t get the whole move? Who cares if I sold out and the stock ended up doing what I thought it was going to do? Who cares if I missed a banger? The answer to all these questions and anymore you can come up with is…
NOBODY CARES, ONLY YOU! The market is the market and there are opportunities every second. If we get a couple moves we’re closer to where we want to be. If we don’t WHO THE FUCK CARES, more are on their way.
Do yourself a favor and tell your ego to go screw itself tonight!

Troublesome Internet

...made me lost focus

Am I ready ?? SIMulated

Adjust time frame

As I change my style to 'little bites' I have to

1. set chart to smaller time frame 30s.
2. use many H lines
3. 1 macd modified indicator that I will seldomly use :-)

Conquering Your Negative Trading Emotions

by  John  Prow  

The trader has two emotions that must be controlled in order to become successful. I call them ‘the two sides of a coin’ and they are commonly known as FEAR & GREED.
The beginning or new trader will first encounter FEAR. There are two types of FEAR. The fear of losing money and the fear of being wrong.
The fear of losing money usually derives from a trader risking money that should be used for the rent, food, children’s education etc. ‘Scared money’ will render one incapable of pulling the trigger when a trade setup comes along. The only way to overcome this paralysis is to be well capitalized with funds that you can risk.

The fear of being wrong is simply that part of all of us that feels that to make a wrong decision is reflective on our personal competency. The cure for this is to simply realize and accept that losses are part of this game. Think about this? A baseball player needs to hit the ball once for every three times at the plate and this will get him into the Hall Of Fame. Whenever you feel the fear of being wrong, just remind yourself that… "My approach for trading has both historically and real-time produced over (number)% winning trades." This will give you the confidence to step up to the plate and keep swinging. Also tell yourself that the only way to earn the big money is to get into the game. Have confidence in your trading system that when properly executed, it will make much more money than it loses.

So, why is GREED the flip side of fear?
Greed is caused by the fear of not making enough money. Traders who are greedy are often the exact opposite of the ones who are fearful. They have no fear and usually are very aggressive traders, which can get them into big trouble fast. Greed will usually lead to overtrading, failure to follow the trading rules, and not applying the system consistently. One of the biggest problems when greed sets in is the inability to know when to take profits. These traders are so bent on making a killing that they are never satisfied. If they have significant profits they don't even think about cashing out, as they want more. This often leads to the inability to see the trade turning against them and they will allow winning trades to turn into big losing ones.
One solution is to realize that making significant profits on a regular short time basis adds up quickly. This is best combated by developing or buying a sound system and executing the system flawlessly. Once you become confident in your system, you will no longer feel like "going for broke" because you know that there is always another good trade about to come along.

Nothing can sabotage your trading skills and profits like fear and greed. If they are a part of your “trading personality”, then you must address them immediately. Here are some of the traits that you need to identify and work to overcome:

Indecision: This includes the inability to make the trade or also known as “pulling the trigger”. Another area that indecision causes is the tendency to ponder too long on whether or not to make the trade. Often the trader will wait so long that they miss the trade completely or they will enter near the end of the move and end up in a losing situation.
Poor judgment: Fear can cause this problem because it can make you trade with your emotions, resulting in irrational decisions. This is the exact opposite state that you want to be in which is a calm and unemotionally attached one.
Inability to exit a bad trade: Fear can cause you to freeze up and not take action.
Inability to stick with a winning trade: Fearful traders will tend to exit the trade the minute they are up a few dollars. They are so concerned with being right or not losing that they figure that they are better off to take a small profit. Meanwhile this results in them missing the really big payoffs.
Exiting trades prematurely: In this instance the trader enters a position and then it starts to move slightly (notice I said slightly!) against them and they panic and exit the trade. The market then moves in their favor and they become angry and frustrated wondering what made them bail out of a good trade in the first place.
Stress: Trading is not easy as nothing is ever certain and risking money always adds to the stress levels. However, fear can amplify the stress many times, which in turn makes it hard to trade with a clear and focused mind. Ultimately it makes something that is already difficult even more so.
Lack of discipline: Fear will induce this state because it causes irrational and emotional decisions, which wreck havoc with the trader’s “game plan”.
Overtrading: In an attempt to get rich, some individuals will tend to trade way too often and buy more shares than proper money management would warrant.
Creating unrealistic profit outcomes: In this situation the trader never knows when to take profits because they are convinced the market will go their way forever. The reality of this scenario is that they end up giving back most of their profits as their greed blinds them to market reversals.
Throwing caution to the wind: In this case the trader fails to do their homework before they make the trade. Instead they go “with a hunch or hot tip”. Others will just see a stock that is on the run and jump in without thinking.

Tips for Overcoming Fear & Greed
1. Only trade with money that you can afford to lose.
2. Set realistic goals and realize that the tortoise wins the race. You will not turn $5000 into $1,000,000 in a year.
3. Work your plan. Practice being disciplined. Limit your loses, let your profits run.
4. Adhere to strict money management rules. Don’t risk too much on any single trade, you will encounter a string of losing trades and must have money to stay in the game.
5. Take periodic breaks from trading.

CL & ZS

I found that CL like to play positioning - it want to throw you away
while ZS like to play scalping - zapping...

Adjust a bit of my mind.

I'm back.

After 3+ weeks my broadband now ok as my ISP get their new server. During that period, I'm looking back a bit and now ready to implement my new execution style in trading CL.

It  rusty after a long break and If  I got USD 50 in next trading session. it is good enough.