Martial arts and trading

If anyone laerning Martial arts - Silat (Malay's), Judo (jaPAN). Tai Chi (China elders), Kung Fu (China) ..one will know the key is to take advantage of enemy's own energy momentum, by letting the enemy throwing their hand/foot 

Simming it again...

manual , live trade +14 tic

My latest screen

The Arrow is my auto signal that can be traded auto . But for now I can choose to trade ManUally.
Geen line at 9.30am NY.
The DOM ladder (not shown) put as trailing stop that I discovered can be control to follow the trend ESiAER than previous simple bracket.
However, December slow month is coming...

Whats up

Fine tuning...hope is 4 words

Fast market (+22 in dream) then -15 in reality

after market changed structure and direction, its tempo begin to picked up...
my position fast getting green, then after a few seconds,, fast going back in red and trigger the cut loss....

Market structure changed : 2 trades, -15 , +3

Live 1 trade, + 8 ticks

choppy, no trade

Live 1 TRADE , +32 ticks

Hope I get the rhythm

1 trade, + 6 ticks

Used 'wave on wave' method.
Alhamdulillah.

Wednesday choppy as well...

Choppy

Monday was trending, Tuesday was choppy..
I predict that next Wednesday session is trendy and I want to be in :)

Live - difficult condition

Market start with choppy condition,,need to rely on HH LL breakout ,next time
2moro Friday off....next Monday

Live session

But no trade as I'm frozen. No trade for some months now froze me..Hoping for next session.

SIM ming

Brielfy simming NQ..I think I may put a live trade next Monday.

Wanna to trade a new (old) system but slow August is coming

August historically a slow month.
BUT my system need momentum.
Let see

In good mood , despite crazy world

Yeah , keep swinging with the magic technique --"Sway" - Markus Haider

LIve several session but no trade.

The setup, when in live mode, still require my 50:50 guestwork.
my guestwork is good in SIM, when I wanna press the red buzzer.. usually it will be bad in live..
with the last dollars...I can give it more "time....

So back to my oldest setup that gave me the beginner's luck..hehehe

4th July + Mon-THu

Happy independence day America.
Freedom is happiness. (However it will depend on who u ask)
Market momentum affected thru out this week.
Postponed live trade to next week.

Side note -I will live trade mon - thu, and will not trade on FRidays.
Nasdaq not that liquid on Fridays and usually will spoilt my mood ;)

NASA test

Test test test for live

Plan to have it real next week

..Looking forward for live trade next week.
SIM ming this week

Ramadan - taking trading leave SIM for 30 days

strats enter at reverse/SR 3 : SIM USD 145

strats enter at reverse 2 : SIM + 265

daily yesterday green, current daily bit green

Holding Power

In economy, people concern about demand & supply.
In business, people concern about biz model & cashflow.
In trading, traders concern about setups & holding power.
coz intrading, we can be right but can still end up as loser if we dont have that holding power.
Not holding a loss, but ability to holding a frog that can turn to a prince.

Entered, market did its magic and reversed, stop loss kicked in and market gave me the spelled magic frog, then market continue to its glory without me. It happens countless of times. Then I will look to other setups (countless).

Becoz my account is really micro and may be died soon after 9 years without topping,  I need to relied to tic tac (reverse of tac tic)...the finer details of how to enter with a tight stop. The setups are more like maps (overviews)..the tic tac is like a compass (details) that may save the food rations/money  (holding power),, in the market (the jungle).

Enough philosophy for tonight.

1st test ..won fake money USD 340++  in SIM,  shorting green candle at close in trading chart, in short enviro (Yesterday daily candle was red, current candle near red, SR choppy).

I will reverse...

normally when I intent to short, I will short at red candle with the right enviro.
start tomorow when I intent to short, I will short at close of green candle with the right enviro.
Will see the outcome in SIM

Stop Order

I think I need to use stop order exclusively to enter.
Other things remain

1 live trade -100 usd

cut by stop loss.
Now going back to my SIM cave

1 live trade +5usd

Trading is war

Hehe..Yeah, still in live mode but no trade

SIM again 1 +450uSD

I dont know wether I need to laugh on fake money.
Never give up

Live loss -95usd

The good thing of live trade is..
when I got a loss, it will save me from SIMming time..
Money is time, and time is money.
Let go and simplify more things.

1) S&R and 2) dominant direction

Ready for live

Instead of waiting in SIM, now I choose to waiting in LIVE.

This is to make sure my brain not in state of shock.

past xperience show that I/m 3x times better in SIM than Live

time to to remedial action on that mind set

sim 3 trades +170usd

SIM = Same setup, different play

The good thing about this new play, I 'm  more relax.

So relax that I doze off while simming.
Warming up . So no stats 

Stats for Live trade since 1 Mac

Trade lot 8
Win Rate 0.50
Lose Rate 0.50
Average Win $ 32.5
Average Lose $ 96.25
Ratio WinAve/LoseAve ( +ve >1) 0.34
Profit factor WinTot/LoseTot  (> 1, 2) 0.40
Average PnL Per Trade (APPT) (31.88)

Unwillingness to cut loss is evident from this live stats.

Profit factor is far from 2,indicated the method cant stand drawdawn.

APPT - long term no hope. If I continue to have scalping mind with this system...guess the obvious.

I will sim back to glory with the same setup but with diff mentality outlook - looking for 'boxoffice

2 Lv +50 -90

Set ups priority was wrong.. Actually it was secondary

Lv 1 trade +30usd

Its payback time!
Probaly i'll report in monthly stats with my low count of trading stats.
I'm building back my small account bit by bit

No Lv trade as no setup availabale during screen tme

2 Lv +10 -100

Forgot that these were wrong locations

Live 1 trade +usd40

As SIM stats were acceptable I did live trade from today.
However, no stats for daily live trade for now as I only traded 1 or max 2 live trades for now.
Live trades stats will be given weekly for now.

SIM 6

Trade lot 6 SIM
Win Rate 0.67
Lose Rate 0.33
Average Win $ 78.75
Average Lose $ 90
Ratio WinAve/LoseAve ( +ve >1) 0.88
Profit factor WinTot/LoseTot  (>0.9, 1) 1.75
Average PnL Per Trade (APPT) 22.56

SIM 5

Trade lot 2
Win Rate 1.00
Lose Rate - 
Average Win $ 30
Average Lose $ 0
Ratio WinAve/LoseAve ( +ve >1) 30/0
Profit factor WinTot/LoseTot  (>0.9, 1) 60/0
Average PnL Per Trade (APPT) 30.00

sim disconnected, 2 of 3 only

SIM 4

Another weird stats as SINWIN all 3 trades

Trade lot 3
Win Rate 1.00
Lose Rate - 
Average Win $ 78.33
Average Lose $ 0
Ratio WinAve/LoseAve ( +ve >1) 78.33/0
Profit factor WinTot/LoseTot  (>0.9, 1) 235/0
Average PnL Per Trade (APPT) 78.33

SIM 3

Trade lot 3
Win Rate 1.00
Lose Rate - 
Average Win $ 41.67
Average Lose $ 0
Ratio WinAve/LoseAve ( +ve >1) 41.67/0
Profit factor WinTot/LoseTot  (>0.9, 1) 125/0
Average PnL Per Trade (APPT) 41.67

SIM 2

Sim interrupted , only  1 sim, so daily stats sample is not enough. However this data will be used for monthly stats.

Trade lot  1 SIM
WinRate   1.00
LossRate  -
WinAve $ 190
LossAve $ -
Ratio WinAve/LossAve (N>1)  -
Profit Factor WinTot/LossTot  (O>2, N>1)  -
Expectancy@Average Pn(L) Per Trade (APPT) -
Forecast (month) =  APPT x #trades (month)

SIM

Trade lot  7 SIM
WinRate   0.57
LossRate   0.43
WinAve $ 27.5
LossAve $ 85
Ratio WinAve/LossAve (N>1)  0.32
Profit Factor WinTot/LossTot  (O>2, N>1)  0.43
Expectancy@Average Pn(L) Per Trade (APPT) (20.72)
Forecast (month) =  APPT x #trades (month)

Candle pattern only valid in 5 min chart

It will not that accurate in other TF - showed that majority use 5 min candle pattern.. But it will not make  me the champ with the golden gun. To be a champ, I need an edge.

btw.. for my current templates are:

1) Daily candle (standard)
2) 5000 volume - for SR (edge)
3) 5 min - for candle pattern (standard)
4) 1500 volume - for drawing lines (edge)

I called this.. D5515 setup , yaeh I know readers of this blog will laugh at how much I changed the setup since 2009...hahaha...even now my sierracharts file still  full of setting names across the screen from left to right that left ..after I deleted previous hundreds of chart settings

Profitable SIM today and yesterday, and I plan to SIM D5515  till it burned into my subcon mind.

This setup is my jungle now.

Burn baby burn. Take me to a clear path.

I will be ready to live NQ this March..one year after ditching crazy CL

Hammer of THor

Years ago I fascinated by price action of hammers.
But dunno to describe in words.

Auto trader dumped

Yeahh even robot failed in trading.
Restructure back things that matter,
manually sim it  again

The mystery of trading mind

The manual sides of trading (not robot)
Just for thoughts
Hundreds of sim trading is not like one real trading.
Dont get me wrong..newbie needs hundreds of sim tradings.
But once we get one RELIABLE idea, it need to be tested with real trading.
But if real trading is ended with failure, does it make that idea is wrong ?
Nope. Becos it ALSO depends the state of trader's mind.
AND ,state of  mind can be influenced by (charts) environments.

I found that my additional sma has changed my original idea in live market yesterday.
The origimnal idea will show the money yesterday, but it ended with failure becoz of 1 additional sma that not synhcro with my trading idea
So now I deleted that sma.
Same idea and same charts now... but now I will look for..

a) horizontal location of T8,
b) look for the 'close out' location
c) by using ema T8....dont look for pullback, look for current trend action.

NQ drop as expected..

Decided to use my robot only during fast market.
I sim my chart reading skills, seem to be competitive in SIM.
So I hv 2 methods, to be used depending market conditions.
I have to trust my methods in real mkt.
Probably live from Monday to Thursday and Sim on Friday.

So near yet so far

Marks on charts had showing that a trade is near, possibly a long
But decided to off pc  due to sleepiness ..and  put a closed mark on chart.
Open it in the morning, if i gave extra 5 minutes yesterday then i could double my account in one trade. Not losing the lesson, I know the signs and will put the autotrade next time

Jumanj Grail: The autotrader signal visible, fired, then went invisible...

Ghost trader trying to be clever and spoiled my fake money.
Solution:
1) I have to record video to show to my programmer.
2) I have to manually on off autotrader at certain choppy time for time being
Sighhh.

I thought I see the grail..

hopefully

Testing SIM one little idea

One old trader saying, "let winners run" seems not doing well in current environment
I intrepreted that by setting  a far dream target and when it not achieved, manually changed it. In practical, I'm frozen - because I want to be objective and hands off the action.
So the results were near always negative.
It takes me a longest time to accept that fact.
How can I know which one is the winner ?

Another old saying  is "get it and run"
I set a realistic target price.
Result ,,won 2 sims.

This is I called "Target settings".
By using semi auto trader, my brain has extra RAM to think about this..
So after a brief thinking... I think 'target' is more important than a stop loss. Both are exit/END orders, Right ?
The diff....Target will give u profit, stop loss will you give a stop..uhh... LOSS
I think I will begin with the END in mind.

-ve

Daily chart at doji.
Long via autotrader and briefly positive while I am away.
Adjusted target price lower.

3 2 1 : Ready for next session

Khai Bahar - Luluh ( Shattered ..in English)

This Malay song is quite resonates well with my past life ..Currently popular in Malaysia...

I have been afflicted by chronic headache while I was studying in University in 1984/5, till today..thankfully now quite manageable..

The problem with headache is it is invisible and the University specialist told me that I'm a liar....Imagine answering tough examination whilst your head exploding...So I decided to quit like Bill Gates and Steve Jobs...Some moons later,,, I fell in 1st love with a damn sweet girl...then lost her... betrayed by my own trusted distant relative...After that, my life is in series of mishaps...my eldest brother jailed, my youngest sister died young, followed by the death of my old father , brought along with him his feeling of frustation with me not completing my medical degree.  I got work as a clerk and I managed to pay back all my loans related to my study..every single cents.

(Currently my old mother is suffering from dementia and ailments that every old people supposed to have)

Even in pain everyday, I decided to marry in 1997 with other girl with the same name... as I belief the pain  in my head and in my heart will slowly go away, healed by time....

Difficulties are quite norm with me...no wonder I keep on 'trying' trading that I started since 2009.

May Allah grant me,  his forgiveness.

Sorry for telling you all my past, sad stories. This sad song triggered my emotion..Emotion of a nearly old man :)