tag:blogger.com,1999:blog-8503296865091275205.post6897665922140027755..comments2023-09-28T09:46:46.506-05:00Comments on By Age 25: Down But Not OutMatthttp://www.blogger.com/profile/15415789784418536589noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-8503296865091275205.post-73644471621475243312010-04-16T22:19:17.794-05:002010-04-16T22:19:17.794-05:00I appreciate the comments ladies and gents!
Sandy...I appreciate the comments ladies and gents!<br /><br />Sandy - Honestly I have no problem concentrating on 8 markets at once. I trade very mechanically which means I really just need my setups to appear and when they do its boom boom pow. Problem is, they don't occur all the time so by monitoring more than 1 market i'm left with more opportunity of a setup being captured. There isn't really any discretion either so its not like only watching 1 market gives me a greater edge. Honestly, more markets makes me focus more because it keeps me constantly engaged rather than dosing of on the internet out of boredom and missing setups.<br /><br />As for the multiple setups, again I really only have two kind of setups, an advancing pullback and a reversal trade. This "new setup" is really just a slightly different price action setup to an advancing pullback. I'm already monitoring the same swing for a setup anyways, this is just another possibility of entry on that same swing, so again its really not a big tax on my focus or effort.<br /><br />Tuxedo - I'm with you... I was long in the 6E when the news must've been released because it shot up like CRAZY. There was certainly more volatility today than there has been in a LONG time.Matthttps://www.blogger.com/profile/15415789784418536589noreply@blogger.comtag:blogger.com,1999:blog-8503296865091275205.post-13219875999361273532010-04-16T13:29:15.665-05:002010-04-16T13:29:15.665-05:00Haha, man, I got caught in a defacto long basket w...Haha, man, I got caught in a defacto long basket when the goldman news hit today. I shat a brick, but scaled into reversion on the 2pm rally to make a measly $13.<br /><br />Today was like a heart-attack. <br /><br />You are doing quite well, imo. Keep it simple.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8503296865091275205.post-29516353629667083042010-04-16T11:01:51.643-05:002010-04-16T11:01:51.643-05:00I may be presumptuous, but you have too many marke...I may be presumptuous, but you have too many markets and too many setups to enable yourself a consistency pattern.<br /><br />Simplify..that helped me...but of course I am not particularly good at multitasking...in fact I am like a donkey...give me one thing to do..over and over again...and may be in a few years it might become 2nd nature...Anonymousnoreply@blogger.com