Not Another Trading Blog !?!?



New visitors please read this post first. Here, you will find a brief statement of purpose and my motivation for this journal.

Monday, March 14, 2011

Not Another Trading Blog !?!?

I thought I'd briefly define the motivation behind this blog. During my 10 year-plus journey to understand trading as a profession, I found lots of information, lots of teachers. Believe it or not; the majority were and are sincere. They usually had their students' best interests at heart. Perhaps I'm lucky to have avoided scam artists and out and out crooks. Perhaps I just have a different outlook than most. I believe you can learn from ANY experience; and that there is no such thing as good or bad. Being stuck with a mind that operates only in dualities, is NOT the mind that creates success in the markets.

The issue I often did have,  often as not, these teachers that I depended on, traded well but did not instruct well. Often, I've found that the best traders really aren't consciously aware of the thought processes they employ. And when I attempted to tease out these processes, I was usually met by some sort of roadblock. In particular, I wanted to NOT have a mechanical check list that told me what to do. I knew from lots of experience and losses that did not work. What I desired was to think like a successful trader thinks.

Over time, I accumulated many perspectives from other traders, caught glimpses of how they internally operated. And, most important, I constantly culled every potential source for examples to study. A chart and the comments to go along with it. Mind you, it's not as simple as collecting a bunch of charts, creating some setups to trade off of, and then just duplicating the process. The reason for the charts and commentary was to train my mind where to look, what to see, how to expect. Note I said HOW to expect, not WHAT to expect.

So, the purpose of this journal is to build a library of market logic internal process examples, so you, the reader, can begin to hone your own internal skills. I will try to provide examples of the non-obvious, the subtle, and the counter-intuitive. This will occur in the form of trades taken, trades dismissed, market analysis, and personal reflection.

I absolutely love to answer questions, so feel free to ask. Nothing is off limits, so long as it's market related. And, good luck!

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