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Re: DH, it sounds like -----

you have the same problem I suffer from(all traders suffer) in these times of smoke & mirrors, psych out, back and forth moves of the market can't make up its mind which direction it wants to go. This tends to put us in the realm of "Thinking to Hard" which tends to put me in a process of thunking and clunking myself into the woodshed.

I found a better(safer) way------sit back and relax-------do a little fishing, it calms the nerves and lowers the anxiety. The hallucinations will always be there but at least I'm not constantly jumping at shadows. Confusion and undecided direction brings good fishing weather. Yesterday I twiddled my thumbs as the next fishing hole was setting up for today and good fishing it was. I missed the open(fishing gear was still in the closet, as I was tying up loose ends from yesterdays crop report but I had done my homework and had my fishing gear out at the pond a half hour late but just in time to catch the feeding frenzy. Several nice catches and nice deposits-------now what? Well, it's late in the day and I'm thrilled with the $2 of deposits, so I'll save my energy, gun powder and anxiety for tomorrow.

There's always a fishing hole waiting to be fished and plenty of hungry fish waiting for the dinner bell to ring. All I have to do is, throw my lines out and then decide if they are suckers or something bigger. That's a lot harder than it sounds. Homework and disciplined damage control are essential to keeping the "Donation Hounds" from digging too deep into my pockets. Focus on the Prime Directive is the hardest when he is constantly shouting "Bank It, You Idiot", at the first target. That gets annoying but he has saved my rear end many times. So I've become a believer in simple things such as, the catch and deposit are more important than the size of the deposit. Too many big donations in my past have helped me appreciate the sucker deposits that do keep the bank account growing. When I snag something, direction momentum is usually in my favor 80% of the time for at least 1st target and 2nd target is usually hit 60-70%. It's not flashy or get rich quick but its solid, dependable bank account growth. Low risk and low anxiety but I can't pick and choose. If I have a fishing hole during the first 3 hours, I have to cast my lines. The last hour is always a complex situation but that is a chapter in the "fisherman's guide" that I'm still working on.

I'm rambling as I sit here wondering if maybe I should have thrown my lines out one last time today with a little more than an hour of trading left. My choice was made to let it be, since I've taken many beatings in the last hour, that proved to be wrong choices. Thanks for listening to my thought process and I apologize to those that I bored and wasted your time. Starting to bore myself and other work to do.

Messages In This Thread

The CME component on the kill for - - -
Re: The CME component on the kill for - - -
Re: Dewey, people usually------
It looks like I should have - - -
Re: DH, it sounds like -----