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I am NOT a Trader
Started:April 24th, 2012 (12:19 PM) by eudamonia Views / Replies:4,084 / 54
Last Reply:November 30th, 2013 (10:09 AM) Attachments:0

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I am NOT a Trader

Old May 8th, 2012, 10:25 AM   #31 (permalink)
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denver, colorado
 
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srikumar rao

E - if you haven't seen these, check them out - I think you'll like this talk. Its in two parts:

TED Talks- Srikumar Rao: Plug into your hard-wired happiness- Part 1/2 - YouTube

TED Talks- Srikumar Rao: Plug into your hard-wired happiness- Part 2/2 - YouTube

Very "power of now" but his topic is a bit different. Let me know what you think.

surly

Seek freedom and become captive of your desires. Seek discipline and find your liberty. - Frank Herbert
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Old May 8th, 2012, 10:37 AM   #32 (permalink)
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eudamonia View Post
I am NOT a Trader

These are just labels, things, roles that I play. But they are not me. Strip all these wordly concepts away and I am still me.

But it was never me to begin with only a role I choose to play.

if you want to take this further, google "e-prime"

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Old May 8th, 2012, 11:31 AM   #33 (permalink)
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San Diego, Miami & On the lake (Summer)
 
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Hola,

I am slow (special-needs trader).

What does this fable mean?

Peace

Hedvig

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Old May 8th, 2012, 01:40 PM   #34 (permalink)
10 out of 10
Sacramento, CA
 
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Can you accept what life gives you - good and bad? Can you make the best out of any situation or does your ego demand satisfaction? Some things are out of your control - can you accept that or do you fight it?

The fable is of a man who accepts what life presents to him and makes the best of every moment while his ego demands nothing.

Most of us would be angry at the woman who lied to her parents.
We would have rejected the child presented to us as being not our responsibility.
We would have fought to protect our reputation.

Do any of these reactions really improve the situation?

The woman who lied begged for forgiveness. She and her parents were remorseful instead of angry.
The child did not suffer but was well cared for.
The monk's reputation became even more renown after this incident.

What if we were to accept what life gives us and place no judgement on it?

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Old May 8th, 2012, 03:50 PM   #35 (permalink)
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Yesterday and ON levels

1380 initiative selling
1370 responsive sellers
1367.5 acceptance
1364.5 acceptance
1356.75 responsive buyers

Premise was to look for shorts below 1361 looking to test initial support at 1348.
Strong trend day setup all morning.
2nd premise was to look for short-squeeze above the 43/44 level.
Shorts got squeezed after we tested down to the 43/44 level. Rotations up to the IB brought out long-term buyers
who pushed the market up to the 1361.5 area.

6:30a - ES open at 1357.25
6:36a - ES short 1356.00. stop 1357.5. -1.5/-1.5
6:53a - ES short 1356.75. stop 1358.25. +2/+7
7:55a ES long 1347.5. stop 1346. -1.5/-2
9:38a ES long 1347.25. stop 1345.75 +3
11:47a ES long 1352.5. stop 1351. target 1356. +3.5

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Old May 9th, 2012, 01:57 PM   #36 (permalink)
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Interesting article on the nature of ego as energy.
hope it relates to the thread.

Ego Vibrations: A Game of Limitation - Waking Times : Waking Times

"Ego is a term that plays a fundamental role in the study of “I” in our daily, individual existences. For countless ages humanity has pondered this concept, struggled with this concept, and even warred over this concept. For a word that is so deeply indoctrinated in our lives, ego conjures up many different feelings and thoughts in many different people. Let us closely examine the ego and its impact on our universe in an attempt to gain a clearer understanding of its meaning and purpose."

Every moment I wake up I realize I know nothing, and then I smile...

Last edited by zt379; May 9th, 2012 at 03:08 PM.
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Old May 9th, 2012, 02:54 PM   #37 (permalink)
10 out of 10
Sacramento, CA
 
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Posts: 275 since Jul 2010
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1365.75 Selling tail
1362.5 responsive sellers
1353.25 acceptance ON
1348.25 acceptance
1343.75 responsive buyers

Main premise is that we test the 1341-43 area to see if further selling is warranted. After the 7:30 news buyers step in aggressively and push us to a new IB zone around the 1348.25 acceptance. Stong chance at this point for a normal variation day.

From there the 2nd hypo of the day sets up where we eventually held above the 1353 ON acceptance area to test yesterday's close at 1358.5.

6:30a - ES open at 1345.75. OS low 1344.5. OS high 1347.5. OAIR
7:01a - ES short 1348. -1
8:25a ES long 1352.75. stop 1350.5. +3/+0
10:13a ES long 1352.75. stop 1351. +5.75

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Old May 10th, 2012, 03:54 PM   #38 (permalink)
10 out of 10
Sacramento, CA
 
Trading Experience: None
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Broker/Data: OX and DeCarley
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Posts: 275 since Jul 2010
Thanks: 249 given, 329 received

1365.75 selling tail
1360 responsive sellers
1352.75 acceptance
1340 responsive buyers

Main premise was that we would test the 1365 gap area.

6:30a - ES open 1361.25. OS high 1362. OS low 1360.5. open auction out of range
6:53a - ES long 1362. stop 1360.5 -1.5
10:46a ES long 1359.25. stop 1358. -1.25

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Old May 11th, 2012, 03:07 PM   #39 (permalink)
10 out of 10
Sacramento, CA
 
Trading Experience: None
Platform: None
Broker/Data: OX and DeCarley
Favorite Instrument: Futures options
 
eudamonia's Avatar
 
Posts: 275 since Jul 2010
Thanks: 249 given, 329 received

Yesterday's and ON levels

1362.5 responsive sellers
1359/57 acceptance
1349 acceptance ON
1343.75 responsive buyers ON

Main premise of the day was to short the 1350-52 level and looking for extreme liquidation below 1344.
Secondary premise was to go long only if we pushed above and held above 1355.

6:30a - ES open at 1346.25. OS low 1345.5. OS high 1347.5. test drive
6:45a - ES short 1350.00. -2.25

Tested first premise on half size due to order flow and test drive open. Wasn't available for 2nd premise.

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Old May 14th, 2012, 05:28 PM   #40 (permalink)
10 out of 10
Sacramento, CA
 
Trading Experience: None
Platform: None
Broker/Data: OX and DeCarley
Favorite Instrument: Futures options
 
eudamonia's Avatar
 
Posts: 275 since Jul 2010
Thanks: 249 given, 329 received


1363.5 responsive sellers
1359.5 acceptance
1350.5 responsive sellers ON
1345 responsive buyers
1337.5 acceptance ON
1335.75 responsive buyers ON

Main premise was to look for short liquidation if we held below 1334.5. Note: although we broke down below this area briefly we had heavy absorption both attempts to move below the low of the day. Didn't see any signs of this premise materializing once that started happening.

Second premise was to look for long opportunity above 1340 once we broke IB.

6:30a - ES open 1337.5. OS high 1337.75. OS low 1336.5. auction out of range
8:25a ES long 1340.5 +2 (very quick not filled on 2nd half).

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