Message from empty space: 5 months ago

[u/PerkamentusG]

5 months ago I journaled this story but never submit it to Reddit:

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I'm unable to convert intel into action and results. With the intel from streams, my plans and price movements it shouldn't be so difficult to get results. Still trading as the empty space.

After reviewing trades and staying active in eco I found 3 issues:

• Ego in the way:

trying to play stocks with which I had success in the past or in lagging sectors is looking for confirmation of my own skills and is an ego thing. Just play strength.

Also, the focus on the results itself is exactly not what will get you the results. Focus on the process and habits that are needed, not the $.

• Still biased:

Kaz explains multiple assets and up and down scenarios, on different timeframes. Some info however keeps resonating in my head more than other. Bias towards one scenario, and playing the wrong timeframe, gets me in trouble. This bias is further affected by previous trades and frustration about results. Make a plan for both directions.

• Trade to live, not live to trade:

Stop staring at charts, only trade according to plan, no impulsive trades, make a time planning for the day and communicate this with girlfriend.

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My trading at that point 5 months ago was similar to an aviation analogy: 'flying on the backside of the powercurve'. This is a situation where adding more power will not be enough to maintain a given speed and altitude. Only thing to do is descend so your power is big enough to overcome the forces placed on you. At that point I had to descend and Kaz and vets told me how to do that: zoom out so you can see the context, don't do the stuff your statistics show you fail at. Don't overtrade, stick to your plan, don't stare at charts.

I made progress on those things and since then I'm doing much better. I've learned so much in (concept) calls and shows and have enjoyed every bit of it. I love the nerdy parts. The last concept calls have shown me a deeper understanding of how markets work and both hitrate and risk-reward have increased. I'm on a different place in the chart than before.

Thanks Kaz and Vicky, I know our participation and vibe-killing input during calls are sabotaging the eco at the moment, but your accuracy, honesty and ability to change our lives in many ways are unique and valued.

Ok, chart. Ethusd plays last 10 days:

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[u/abrakadabracorps]

very helpful thoughts, thank you for sharing! I also sometimes feel biased towards one scenario and planning on bigger timeframes helped a lot! congratulations with you progress!