I purchased 20m LAN cable (USd 7.50) and nailed it across the Hindi Ocean house.
internet stability and certainty come back.
cheaper and better than crap wireless (USD 21)
MH370 Malaysia airlines was missing during flight from KL to Beijing 3 days ago (about early 2am morning Sat)
Everyone is puzzled.
Deepest condolence to their families and friends.
Lot of stories abuzz here in Kuala Lumpur. Life can be unpredictable and can be missing...literally.
***********
After about a month - reseacrhing, testing, googling... I found that my wireless cant be relied upon, possibly cause by my AMD mobo... and I will go to to the shop to buy 25 metere LAN wire. I'm not a PC geek after all...
A big disadvantage of becoming a trader is that we automatically become a computer geek.
I bought wireless adapter TP-Link for the the new unifi but error pop up, disconnection and usual custom install was not working.
Wrote to TP link engineer also failed to solve it....
Then I google for the solution...
After several frustating attempts (you tubes, links, forums, re isntalled, antivirus stopped,system restore)...
I go through Windows XP step by step "installing", but pointing again at supplied CD as the source, even though the driver already installed before through TP link standard procedure. ( I thought I'm only one in the world doing this Rare procedure)
Unusual steps but now the wireless adapter device worked okay.
**** post edit - They sent an email...now could I use all these analysing power to CL trading ? Wait and see.. hope and Pray to Allah ! ;).
I noticed that my hesitation to take live orders now not becoz I dunno to play CL, but due to my doubt of reliability of my internet connection..so today I applied the optic cable to replace my old dsl.
It will take about another 10 days.
***********
Dear Valued Customer,
Congratulations and thank you for choosing UniFi. We are now processing your order and pleased to provide more details including information on our next course of action.
Open internet,
Open DOM - live mode after some long months
Open chart.
CL Market slowly going up
Zig Zag..no torpedo released.
may be better chance when things going DOWN later.
Yesterday , I examined my chart.
I marked my arrow on the chart where I thought CLwill come to it....
Then I closed the chart and the PC.
I opened my chart in the this morning.
I found that, for the 1st time since 2009, the monster following my mark.
Oh yeah it was a SIM.
December is a slow month for trading...which make it a good time to test an Xperimental setup.
This setup is executed in sniper style....
1 or 2 bullet in a session, then considered DONE.
Since 2009, this is the 1st time I will test this kind of setup...
As I will enter my 5th year of trading (sim, live) , probably this is also mybamboo tree...
The concept of Bamboo tree that things happen after 4 years is easier to graps than concept of '10,000 hrs
If you lost in a dense tropical jungle tropical (like here in Malaysia)
In order to going home..
what will you do ?
You find the river first. You need water and food.
Food ? Fishes in the river are food.
Then what ?
You locate the mountain. or the highest peak.
You need to lock your position relative to that mountain.
From a high peak, you know the sun direction or if a rescue helicopter can comes to you ;)
Once you know the high (mountain) and low (river) of the jungle,
your survival rate will be better...
If you are a trader, your jungle is your chart.
So what about the high and low of your jungle...
That's the secret. Only you know the secret of your jungle.
there 5 filters in this setup, to take away thinking process from the brain when tired.
I WILL sim TRADE WHAT I SEE...the last stage to collect data.This self tailor made 610 tick chart is used with standard 5 and 15 min chart
" Question which are specific to a trader asking the question should be asked via PM. Questions like, what is your OR, what is your indicator on your chart, what time did you enter the trade etc. should be asked via PM." Please
follow this next time. I will answer since i need to answer another question also.
Have been trading CL for 2 years. Yes.
I will take this opportunity to answer some related issues since lot of traders are struggling day after day and they
watch BTR411 clearing 100 ticks per set up, mf breakout clearing $500 here and $700 there etc.
I have said it many times but it's worth repeating. Without proper equity account a day trader makes his job harder
beyond imagination.
With a 20K account most brokers will let a trader trade 3-4 cars. My recommendation always has been
1 car for 25 K equity account. This means one need to have 50K account for 2 cars. I have traded myself and
see other traders push the envelope in terms of trading maximum size and then not been
able to handle the PRESSURE.
Even more important than equity account is ones financial situation outside trading account.
I personally ONLY know of 2 traders who are successful beyond anyone's imagination. One has a full time business
and trades 4-6 cars a set up and does very well. He has very little pressure to make money and does very well.
The other one is full time trader for last 30 years and it's tough to describe his success. I have compared
my trades with his. In majority of the cases we are on same side of the trade but his results are just out of this
WORLD. He has no pressure because most IMPORTANTLY he knows what he is doing plus financially he is like FORT KNOX.
He did not started with 10K, 20K to make millions. He started out financially VERY secure, learned his craft like all of us and never looked back.
He has NO FEAR. NONE. Why? because as long his premise and set up is correct market can move 100 ticks against
him and it will not make any difference whatsoever in his life, his account. He can loose 5 days in a row on full size
and it will not make a difference. By the way one will have to go way back in his trading career to find 5 loosing days in a row.
I am financially quite secure but have lost a life time of savings in REAL ESTATE during 2007 bubble. So i still have
SCARS left plus large losses during first year of trading.
I know every set up of these 2 traders and trade them daily but i can not match their performance primarily due to
losses i had in the past. The day i get over that HUMP watch out.
I got lot of e-mails from traders and they keep on struggling primarily due to in sufficient equity accounts and i am
pretty sure that their financial situation is not conducive to day trading . I will say to the traders who have reached out to me that you know everything you need to know. Take care of financial side first.
Bottom line day trading CL is not hard. It has ATR of 140-200 ticks on more than 70% of the days.
It should not be HARD to grab 40-70 ticks a day from this provided one is financially very secure and use
common sense in day trading.
3 traders. Same method, set ups but different execution based on fear.
Mfbreakout= Trading with moderate fear, moderate results.
Mentor #1= Some Fear, good results.
Mentor #2= No fear EXCEPTIONAL results.
I bet a traders execution gets screwed depending upon the level of FEAR on has while trading. A common sense trading approach
plus strong financial security will take care of FEAR and your method will look like the best in the WORLD.
Environment is important for trading.
Edge is also important.
But EIA wednesday messing my edge.
So I will be trading on Mon, Tues, (Rest), Thu and Fri (Rest), (Rest).
Nice.
I'm not afraid to change my mind. ;)
