Hey Mikey, So...are you in this trade? A pin is never confirmed as a pin till it breaks.. So no loser here my friend

james16 Chart Thread

By the way, here are another few examples for A+ setups in MY book. url url url

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Hey Yarin, I realize that this thread is going into 1000 directions at once. Many would disagree with me on this, but IMHO that was hardly a B- bar, better C imo. Here are some thoughts, going back 5 years all the way to James16 principals. אגב, טוב ...

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Well that's fine. I can't say you are wrong or right about this. It is just my point of view that if the bar I am trading doesn't bounce off the round number, the BRN doesn't count as a factor. Price has quite a good tendency attracting to BRNs. Not ...

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I know. Thanks my friend

james16 Chart Thread

Hey Mikey, I do not really see any confluence. The round number would be above your SL, so it isn't really a factor here. I would like to have some more confluence, like the bar itself a little higher, bouncing off the BRN with some div to class it ...

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Hey trig, Actually nothing to do with stress or draw downs this time. --- Thanks for the links bud. I'll check them in an opportunity. Ben

james16 Chart Thread

I am looking at this one too. I like the big round number, old bar highs and the nice space (see the cherry?) Let's see how it closes.

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Well this is one of the most critical and hardest things a trader can be able to achieve. Everyone can understand it, but that's the easy part. Being able to TRULY ACCEPT IT is the real mission. That requires a complete change in the way of thinking ...

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we love you too jim Now turn the lights off...it's well after your bet time!

james16 Chart Thread

Just a little heads to for those who would like to demo some pure PA. Anyways..it's about sleep time for me.

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He Ryan. Personally not interested in your personal method. Just one question though. Do you have or had a set of rules written down? or you are more like following your senses and taking what looks good at the very moment? Thanks Ben

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Great post Ryan. All you need from a system is two things: 1) To be a statistically profitable technical system on the long run. Really giving you an edge of the odds in your favor. 2) Providing you CONFIDANCE. That's why 10000 people can trade the ...

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Thanks a lot for sharing your thoughts Patrick. Please do keep posting about this in the future. Ben

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Accepting a risk - accepting a loser tarde — All the psychology books out there are full of the same phrase of accepting loser trades and go on to the next one. What is actually accepting a loser trade? Is it about accepting the risk evolved ...

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Well having a second watch of this video after growing a bit more as a trader, it actually does clear a few important issues. As a perfectionist, or a person which tends to be and reach the best in anything, it is hard to accept the concept that ...

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The definition of greed is: greed in psychology is an inordinate desire to acquire or possess more than one needs or deserves, especially with respect to material wealth. Is the desire for material, wealth, or gain, ignoring the realm of the ...

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Hey trig, Thanks for posting. Can you please explain how do you see positive in greed as for a trader psych? For me greed is seeing money as valuable source more than it really is. Loving money, being a materialist. Love is an emotion. When ...

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Thanks to all of you who took the time to reply on my request. I have done some PMs.

james16 Chart Thread

Hey guys, If anyone has any kind of book or movie regarding trading psychology which was helpful, please PM me and let me know. Any good stuff would be appreciated except of "trading in the zone" and "the secrets of emotion free trading". Thanks, Ben

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