tag:blogger.com,1999:blog-709390629316238746.post3578923326709090266..comments2023-04-16T05:11:52.660-04:00Comments on Don Miller Trading Journal: Monday Notes - The Sideways ShuffleDon Millerhttp://www.blogger.com/profile/13263493919935087931noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-709390629316238746.post-63745558769171370402009-06-16T09:19:35.934-04:002009-06-16T09:19:35.934-04:00don - how many 'sequences' a day on averag...don - how many 'sequences' a day on average do you play?Unknownhttps://www.blogger.com/profile/18081841417274140444noreply@blogger.comtag:blogger.com,1999:blog-709390629316238746.post-54592220764621933192009-06-16T07:13:45.459-04:002009-06-16T07:13:45.459-04:00Max -
Amen.
With respect to your question, I'...Max -<br /><br />Amen.<br /><br />With respect to your question, I'm 48, graduated in '83 with an BSBA in business/accounting (later got the MBA in the 90s), and spent much of my early post-school life in corporate america where I eventually ran companies and helped start-up new ventures. (The '05 Stocks and Commodities interview linked on the lower left section of the blog provides a good overview ... although I think the full archive isn't free any more.)<br /><br />Along the way, I got my MBA in the 90s before eventually finding my way to this crazy little game.<br /><br />DonDon Millerhttps://www.blogger.com/profile/13263493919935087931noreply@blogger.comtag:blogger.com,1999:blog-709390629316238746.post-33598496621715770382009-06-16T02:50:35.704-04:002009-06-16T02:50:35.704-04:00Hello Don,
to fade tick extremes is what a lot of...Hello Don,<br /><br />to fade tick extremes is what a lot of daytraders do these days and still the art is to know when the extreme has run its course (1000-1300)and when you try to catch a falling knife in the case of a sell-off. I think your strength (or one of them) is to be in sync with the order flow and see these retail/wholesale chartpoints. Which again is an important lesson here that 90% of trading success happens between the ears and not with indicators.<br />Since you say you started 2004 with the IOM and a bit earlier with ETF´s and I guess you are in your late 40s what did you do after college ??Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-709390629316238746.post-20001681482406541042009-06-16T00:39:51.947-04:002009-06-16T00:39:51.947-04:00Hi Vince -
Not sure I'd ever consider myself ...Hi Vince -<br /><br />Not sure I'd ever consider myself "fully competent" ... lol ... as once I reach that stage, the challenge of the chase and strive for personal improvement will likely be over that keeps the blood pumping. <br /><br />Seriously, you learn something every day, and I think the moment any of us think we've "made it", any degree of accomplishment will easily be put at risk. Again, golf is a great -- albeit overused -- analogy.<br /><br />Having said that, and to try to answer your question, I joined the Merc in Feb '04, so I suppose that's 5+ years of serious futures trading. Keep in mind I traded stocks and ETFs before then, so I probably had a slight leg up when I began.<br /><br />As for blogging and "claims", please keep in mind I still view this blog as first and foremost my diary, and it just is what it is in terms of good, bad, etc.<br /><br />DonDon Millerhttps://www.blogger.com/profile/13263493919935087931noreply@blogger.comtag:blogger.com,1999:blog-709390629316238746.post-551663413560405452009-06-15T22:42:40.889-04:002009-06-15T22:42:40.889-04:00Ok... I cant believe I never saw that search box. ...Ok... I cant believe I never saw that search box. Maybe I was scrolling down to fast to read the post...no more excuses...thanks for mentioning the search box! I just spent a couple hours reading old posts and getting answers!<br /><br />GODSPEED-Hay Farmerhttps://www.blogger.com/profile/13549265860650265684noreply@blogger.comtag:blogger.com,1999:blog-709390629316238746.post-62886985613451854942009-06-15T21:42:22.558-04:002009-06-15T21:42:22.558-04:00Dear Don- Thanks for the ongoing disclosure which...Dear Don- Thanks for the ongoing disclosure which I find more open and frank than the vast majority of blogger/traders. Plenty claim they put up the trades with little to no evidence but it seems you do and then write about the ups & downs. Although we have different methodologies, could you address how many years of pure futures trading you did (aka the school of hard knocks) before considering yourself fully competent and able to pursue a sustained effort? Thanks very much. Vince FulcoUnknownhttps://www.blogger.com/profile/06401389122673979682noreply@blogger.comtag:blogger.com,1999:blog-709390629316238746.post-85886514543650199682009-06-15T20:25:16.062-04:002009-06-15T20:25:16.062-04:00Matt -
No comments really ... I'm just trying...Matt -<br /><br />No comments really ... I'm just trying to stay focused on my own trading.<br /><br />Also, you may want to check out the "My Views on ROR" key link in the lower left, as ROR can be a very misleading and irrelevant statistic for traders who primarily care about a bottom line income figure.<br /><br />No question about needing to be adequately capitalized, although the definition of "adequate" will always be open to debate.<br /><br />DonDon Millerhttps://www.blogger.com/profile/13263493919935087931noreply@blogger.comtag:blogger.com,1999:blog-709390629316238746.post-91350702832931429482009-06-15T20:04:05.028-04:002009-06-15T20:04:05.028-04:00Hi Don,
Any thoughts on the debate that is raging...Hi Don,<br /><br />Any thoughts on the debate that is raging over on Brett Steenbarger's site about account size? 20% return on capital?<br /><br /><a href="http://traderfeed.blogspot.com/2009/06/capitalization-of-traders-why-it-is.html" rel="nofollow">Traderfeed post about capitalization.</a><br /><br />MattUnknownhttps://www.blogger.com/profile/12279808300006736350noreply@blogger.comtag:blogger.com,1999:blog-709390629316238746.post-14756142179227284642009-06-15T19:34:39.207-04:002009-06-15T19:34:39.207-04:00JW2 -
Lack of energy and focus during the prime t...JW2 -<br /><br />Lack of energy and focus during the prime time of the Europe session (which starts 3am my time).<br /><br />It's never been a great match for me energy-wise.<br /><br />DonDon Millerhttps://www.blogger.com/profile/13263493919935087931noreply@blogger.comtag:blogger.com,1999:blog-709390629316238746.post-81849782613927006512009-06-15T19:27:28.802-04:002009-06-15T19:27:28.802-04:00What do you notice the biggest difference is betwe...What do you notice the biggest difference is between trading the euro session and the us session is for you?<br /><br />Thank you for your insight and helpAnonymousnoreply@blogger.com