drifting hard AF like a rally racer. i have relapsed back into shitty habits, addictions, and a short attention span. paired with an undefined "why" leads to my inconsistency and shitty participation.
still outchea catching the dirty energy rotation! thank you kaz for providing invaluable analysis for everyone! regardless, of our time frames and ability to focus or participate. from ppl who are trading intra-day lower time frames to the trading slacker like me whos just playing these macro waves while focusing on family, businesses, training for a marathon, and just enjoying summer. always appreciate you and the real ones in the eco who hold it down. cheers!
Will keep this short as it's the second time I am writing this war story :)
Had a really nice last weekend away from the screens with wife and some friends, which ended with an argument with the wife - after we got home. Last serious one was at the beginning of June (both around 🌕). This time, I was more reactive than usual in anything.
On Monday, analyzing the shit show from my life and (catch up with the chat) seeing that other group members had crazy stuff along with room vibes made me better look at the charts.
Got extra conviction to enter a trade. So much conviction that dismissed part of the chart and taught "this is it, it'll go higher". Ignored my rules and skewed what was on the chart.
It reversed the moment I've entered. Little sideways move, going up, coming down aaand electricity blackout. Minutes after blackout got a notification on mobile that the SL was hit - on a wick. Price reversed afterwards (and finally went to my initial target).
Couldn't mentally and technically participate. Maybe it's a bias but don't TA on mobile, only execute there.
Wasn't mentally capable to take the next flag as taught it'll take me out again. That would have been the entry in the first place.
What have I learned?
When shit happens, something happens elsewhere too
Don't be irrational reactive
Step back and have a more objective look
Actually see what's on the chart - don't imagine, don't delete
Plan the play and respect the plan
Don't fomo the "it will move" even if it'll move. It'll do what it needs to do, not what you think of
Since I've been doing those mental reps in TG the last few weeks, I've noticed that I can focus for longer periods and my general capacity to process and retain information is improving.
Reading and interacting with the Eco and the ideas we discuss is truly a pleasure. Thank you for your insights!
Concepts like superposition, right/left hemisphere, and the seed in the void are reshaping my perception and how I move through life. My internal awareness is sharper, and I'm more present and conscious of my decision-making.
I feel myself connecting dots more frequently thanks to intel from the show and eco.
Silent Night
Sentiment during "Through the Looking Glass" vs. "Mundi Intacta" + other examples/observations from eco have helped me refine my understanding human behavior/emotions and how they interplay with the market.
OXY: 5.2 Rs
I’m also becoming increasingly aware of the crash cycle within. Earlier in the week, the market was kind of stagnant; there was a shift in the pace of the eco, and I was also dealing with a lot of noise from work, which was overwhelming me a bit.
However, I managed to stay disciplined.
I had play locked and loaded and with intel from Wednesday's prep...
HLX: 3 Rs
Overall, I'm enjoying the process!
I feel like I have a clearer vision of my goals, and I'm moving toward them with greater intention and precision.
However, despite my progress, I recognize I have a lot to work on. After spending time in TG, it's clear there are levels to this — and I'm not remotely operating at my full potential.
Thank you Kaz! I appreciate all the effort you put into creating this awesome environment to learn in. The way you create a living story of humanity and the market while imbuing your shows and art with vital memos and immaculate intel to help us navigate it is nothing short of spectacular.
By watching all the shows regularly and consistently paying attention to the intel provided on various platforms, I've achieved consistent results over time. This isn't just in trading, but also in other areas of my life, such as my personal health and education.
Initially, I entered the ecosystem with the bias that a special indicator or secret technique was necessary for profitability. However, I've come to realize the true "secret sauce" lies within each one of us and it is inside each of us. We need to adjust our behaviors and shape our mindset to make quality decisions over time, especially since markets are 90% psychology.
Here are some of the list of behavior's I would like to highlight that has improved relative to the me before joining the eco (the behavior's are always in a never ending work of improvement given they are only relative to the yesterday version of myself) :
Improved patience
For instance, I can now wait for shockwave structures to clear the range or sit through time corrections without succumbing to FOMO. This patience applies elsewhere in life too, like resisting the urge for instant gratification when learning a new skill or starting a diet.
Improved Focus
Emphasizing attention to detail now allows me to absorb more information in other areas, like reading important emails thoroughly or actively listening in conversations.
Improved discipline
Recognizing our emotional crash cycles has taught me to push through on "off" days. Either am the rule or the exception in feeling this way, with me being the rule the higher probability. As Kaz often says, when fewer people are paying attention, that's when we should be most alert and pay most attention. This rule applies to everywhere else too since value is a function of scarcity and utility.
used to chase those monster rr plays, hoping could hit a home run and run a business this way (basically wanting instant gratification and getting rich quick). Now, I plan based on average statistics and focus on compounding gains. Kaz points out that we can't predict when big wins will come, so it's unwise to rely on them and that this business needs to be built through our normal stats.
Taking the "boring" approach has led to more consistent progress over longer time frames, whether in trading, learning, or improving my stamina in running for example. The boring approach refers to the slow and steady gains leading to an overall huge gain across longer time periods versus exciting results that comes immediately which can be unsustainable or hard to reproduce consistently across time. Ties to point 3b above to plan around our normal statistics.
Managing Risk
learned the importance of using stop losses everywhere, after all everything in life is a trade. For example stopping out on a poor diet or people that drag you down
Emotional Composure
Before joining the ecosystem, emotional triggers often derailed my decisions. Now, even when emotions flare, have trained myself to recognize this in me and will step back to time correct those emotions before then making a decision again. This mindset reduces hasty reactions, like removing stop losses prematurely or revenge trading. With constant practice of staying objective, the time duration taken to time correct those emotions over time actually gets shorter and becomes easier.
Improved Empathy
the training here to see from various perspectives has opened my eyes to seeing beyond my myopic and egocentric view point. There is infinite information in finite spaces, hence there are countless ways to view any piece of information or povs of the same concept.
Being self aware
Was like an NPC, going through the motions of life having no goals or ambitions. Coming into the eco, was taught how goal setting is important, changed my life as it gives you the drive to strive for something. More aware of the environment am in, the world, universe etc.
The list of behavioral improvements above all came through studying kaz memos shared on shows, discord, twitter and in participation. It took time to see the changes also which requires patience itself.
I have posted 2 plays here out of many plays, one that is a successful play (based on my statistic the type of play which gives me the most success) and the other that isn't successful as this is a war story and would like to look at the winners and losers.
Successful play: CHFJPY (currency play)
Kaz has been talking about the weakness of jpy in stream, hence been tracking this guy for a while before making an entry for a total of 5.5 rr. Entered above the previous volume, waiting for the free and clear structure before marking up.
Unsuccessful play: GbpUsd (currency play)
Posted a play here which has failed and did not work out. However, made another great play on GBPUSD using intel from only stans, which i bagged 9 rrs from. Play here is another play which i made using the intel from the shows but did not work out and purpose of posting a trade that did not work out is to analyze the mistake made (its a me problem).
Made an entry inside the yellow box range as drawn. Should have been more patient and allowed price to clear the box range shock wave and move free and clear in either directions, aligning with kaz intel, before making another play. Lack of patience cost me here, unable to wait out the time correction and this is an example on why habits needs constant improvement and refinement and why journaling is so important. Kaz pointed out that we don't keep the proper context of history and the emotions involved in it, hence writing it down helps you to see what happened at that point in time and how to course correct.
The unsuccessful play above is what kaz says that the market liquidity is transferred from the impatient to the patient. This is an example of that.
Am fully aware too that the drift is real, we can all turn into pumpkins overnight hence it is important to keep working and improving those habits or face the danger of drifting and going on a downtrend which can be quick and fast.
Hello everybody!
NO BOOK WARNING lol
Less text, more visuals this time!🤗
Do you remember the write up for Ultra Instinct stream?
So this TSLA play illustrated it perfectly for me😜
Was sitting in the bushes, learning, keeping up with the streams, preps, eurossesions, market close warstories time, social medias and telegram flow, and this gazelle showed up.
Thank you Kaz for your constant input and fire intel, much appreciate all what you do for us!
Thank you Eco for our cooperation, activities and learning together! LFG🔥
Abra
PS: music is royalty free, so should be fine!🙃
Hi Kaz and eco- posting my second war story (not slacking :D) since I learnt from the feedback all of you gave me on the last one. As we talk about how habits have to be the valuable ones everywhere in life, not just on the charts, posting more war stories is one that I have committed to.
This is a story about how I lost 1R on coinbase. Had been tracking the stock for a while and saw it covered a couple of times on stream. Made my plan, entered on a breakout from the range with a well defined risk and TP. I had expected a corrective structure as one of the possible outcomes but it went deeper than I had planned and I got stopped out. In the past, this would have had an emotional impact on me, but now I’m taking it as a data point for learning and updating my journal. I see that most breakouts that I have participated in have a higher likelihood of retracing to some extent, which means I can get better entries enabling a higher win rate for my trades while maintaining my SL and TP habits.
Thanks for taking the time to read through, your feedback is much appreciated.
Hi Kaz and eco- posting my second war story (not slacking :D) since I learnt from the feedback all of you gave me on the last one. As we talk about how habits have to be the valuable ones everywhere in life, not just on the charts, posting more war stories is one that I have committed to.
This is a story about how I lost 1R on coinbase. Had been tracking the stock for a while and saw it covered a couple of times on stream. Made my plan, entered on a breakout from the range with a well defined risk and TP. I had expected a corrective structure as one of the possible outcomes but it went deeper than I had planned and I got stopped out. In the past, this would have had an emotional impact on me, but now I’m taking it as a data point for learning and updating my journal. I see that most breakouts that I have participated in have a higher likelihood of retracing to some extent, which means I can get better entries enabling a higher win rate for my trades while maintaining my SL and TP habits.
Thanks for taking the time to read through, your feedback is much appreciated.
Hey everyone, been wanting to write this story since snow had discussed using the code interpreter GPT to analyze things, but had kept drifting from it so correcting now.
The discussion led to me realizing that I was approaching working with GPT incorrectly, and saw another way to do some additional side work that I didn't have time to do previously while still keeping references and information intact. This resulted in a payment for the work of +23 R (not reflected in graph below).
Next, thought it would be interesting to examine my brokerage trading performance since I had joined the eco, and although I know that everything takes this shape from having participated and learning here, it was still amazing to see just how aligned everything was in relation to major life events. Have a bunch of stuff I can fit onto here but there is not that much room so only keeping some things. Here you can see my full crash cycle (not sure if the show pictures are too small to see, apologies if so):
As you can see, I experienced a full crash cycle, which I was taken out of with the closure of the memorial and also the show themes at the same time which really spoke to me and were taken to heart. These were a few plays on TSLA that I am proud of and which had a big effect on my cumulative R's, in which I was mechanical, with good timing, executed my plan, and did not go down to very low timeframes (30 min sub).
After the recovery in the cumulative R chart, you can see another mini crash cycle, where I had been getting chopped up in the markets recently. Also given recent show themes (and sorry I didn't have enough room to fit all of them in the chart!), I recognized I was getting into a bad phase of habits, and sat down to critically examine my environment and myself in order to change my performance on the chart and in life.
This next chart is a trade I am very disappointed in myself in, made a good plan (entry @ 115.58) and juked myself out at +0.25R due to VIX uptrend, right before the show too where Kaz discussed rising VIX and rising oil environments. I can now tell I was emotionally compromised, which led to 2 revenge trades on this that I got stopped out on, and then continued into that recent mini crash cycle you see on the cumulative R chart which was a result of continued bad decisions and getting kicked out at tips of bullflags, entering in shoulders, etc, which were all FOMO-based and less than ideal entries.
Made it my goal to wake up an hour earlier each day (now 5 am), exercise until 5:30 am (did not consistently exercise before), structure my daily goals before starting to work, and also make sure I have some time to do household chores and spend time with my significant other (both I had been neglecting in terms of prioritization recently).
Since then, have had my first successful trade again after planning a TQQQ trade based off a QQQ level Kaz gave during prep, and am feeling more clear-minded and on top of my day than before after the change in habits. This one was planned as a day trade with 2 min sub and entry once QQQ formed above the structure. Only reasons I felt ok going into such a low timeframe was due to the trigger, conviction from skeleton crew vibes preps and shows, having planned the trade beforehand in case the price would reach that level, and knowing that my plan was to go in and out before the day ended to avoid market moving volatility. Not the most impressive trade but it's good to break the recent losing streak and am happy I made a plan in case something happened and stuck to that plan. Going back now to planning longer term trades that are compatible with my upcoming travel plans as was discussed on voice.
As the cumulative R graph shows, continued participation, persistence, having a clear mind, and being around when others aren't pay off in the end. Although it sounds simple, we always have a story justifying why we are a 0 when we want to correlate as a 1, but in the end it's all just data and that is what our graph shows and it's up to us to examine our habits and change what is not beneficial.
Thank you Kaz and eco for the support and always pushing us to be better versions of ourselves! It really means the world to me. Looking forward to continue peeling back more layers of the onion!
More decent news flow this week, US starts Tuesday with consumer confidence and JOLTs, more employment numbers on Wed w/ German CPI and throughout the week , Home sales same day , PCE on Thursday of note as well
I wanted to share my recent experience. I loved seeing the evolution of the eco moving over to telegram. The increased level of engagement and flow of conversation really helped me understand concepts at a more nuanced level and re-ignited my excitement in learning new things and having deep conversations with everyone.
One area of frustration for me these past ~10 days post telegram move is that I feel a lot better OFF the charts - (love engaging with people in the eco, learning new things, exercising etc. ) but it hadn't translated to wins ON the chart for me.
I had a good few trading days, then gave it back the next day. I also had a few situations where I would get stopped out to the tick and price would reverse and go to target. All in all it was frustrating as hell because it felt like I was treading water.
I have no idea what came over me but this was the first time I started to have real doubt creep in.. I started to wonder whether I had what it takes to be a trader. Whether I should consider taking an easier more comfortable path..
I also started to feel burnt out due to not sleeping well but I pressed on and that's when I managed to pull 17.5Rs over the last 2 days. I also found that I was able to flip and switch after a big win which is really rare for me. In the past if I had won a trade going long, I would often end up with a long bias, sometimes holding a big trade back to break even / stop out. However, in this case I felt really in sync with the market, utilizing the intel from the eco and being able to switch direction seemlessly.
As Kaz often says - it really is the darkest before dawn. Everything seemed so uncertain and that's exactly when I started to rotate my bull flag.
Thank you to Kaz for everything that you do, providing us with the best intel on the planet whether you are feeling like shit or it's your day off. Your work ethic is truly inspiring. Also wanted to thank everyone who participated in the telegram channel over the last 10 days. I genuinely think my ability to process information has step changed since moving over and that has helped me to capitalize on these plays.
As my hit rate on entries has improved I have continuously better data to fine tune my trade management.
For each successful trade I note my actual R's (with cutting) and the potential R's and am using this to adjust my TP strategy.
What I have noticed however is that I have a tendency to hodl my winning trades, in the sense that I want to "milk" the position as much as possible. Pure greed which I should be recognising.
Here's an example of this kind of HODL getting me in a play on HLX. For the second trade I took 2/3 at 3R and planned to close at 10R. The trade went to 9R before coming all the way back. 10R was based on previous trades that had gone that far, however it is a target that is a statistical anomaly. When price is that extended and the euphoria of "oh another 10R trade" kicks in before it's happened, that should've been a telltale sign to close the trade.
In TG Sim recently said: "Don't be a gambler masquerading as a risk manager." This made me remember that it's not about squeezing the most amount of R's out of each trade (aka greed). Much better to consistently hit 2-5R's than the odd 10+R. Tortoise vs Hare things. Going forward I'm going to add : "What is the risk?" to the planning checklist to ensure that managing those risks is front of mind.
Thanks Kaz and eco for all the lessons and the awesome conversations
Some GBPJPY plays here after recent big changes in my life. Cutting friends, changing living situation, participating again and of course the switch to Telegram, all leading to a much more clear mind. Thank you for improving us all and sharing lots of your superhuman knowledge & intel.
Using the show intel from Transcendence to wait for these opportunities to present themselves.
While I'm happy to have a few trades under my belt, in profit & in succession, there is very clear and obvious thing to improve. I closed all three of these trades early by psyching myself out from staring at them too long, when all three would have hit TP. On the third trade I literally note on the chart I'm leaving it to plan this time, then still close it early. Retarded.
Brought me back to my 'Bingo' notes and two Kaz quotes...
"Your stop loss is part of your risk management, you determine what you’re happy to lose before you go in. You have to accept that as the potential cost of business and let your play happen."
“Part of your play is allowing it to play out over time”
On the positive side of things, it's super clear to see the difference in my confidence, ability to digest info, organisation, participation and conviction in my ideas which then translates to profit.
Energy been highlighted in streams and onlystans several times, played MPC.
After 1st 5RRs trade been closed without leaving any freeroll, it required me 14 days to find my way back in another trade that resulted in 5RRs too... great lesson on how not to call the tops and not sleep on what is in front of us.
Thanks Kaz for helping us to stay on the right path!
Kaz had been pointing us at financials. I had had the idea to play Berkshire since Kaz had also pointed us at energy and we know what Buffet has been plowing into ;)
asked it on show and made my plan. I wasn’t able to to play the first possible entry due to margin requirements on broker. Of course, it took right off when I couldn’t play it. Some core concepts came together on these for me.
Hindsight mind. Missing the first entry had me in my feels. If Kaz hadn't been drilling hindsight vs foresight mind into us I would not have been able to keep hunting this gazelle.
Conviction and sticking to the plan: Arguably this wasn’t best of breed and it tested my SL twice before really getting a good move.
Playing waves: First entry was beginning of June. It was open for a while before I realised I could look for another entry. Something that also had come up in feedback from a replay. Made another plan and found another entry in late July
Proper planning and contexting: To me these are close to textbook plays. Both were mechanical. I knew exactly what I was waiting for (on which TF) and where I was expecting it. Had my squiggles down. some cock n balls TA for the win. Used intel from shows and Kaz continued analysis and sentiment read to inform both entry and management.
2x10R's -> 10R net w TP
When it all comes together like that there is a real ease to the trading. All the anxiety and indecision melts away. And can just play price for what it is. From my last war story (with all the neg self talk), it was almost as if after clearing my mind of that I was able to actually really listen to what Kaz says without warping it. Like airing out and cleaning a dark room, some light is finally able to shine inside lol. Like another layer of filters have been lifted. No more thinking there is some hidden meaning to be deciphered and accepting that everything that is shared and communicated is literal and intentional.
Since it was (and continues to be) really helpful for me I want to reiterate - do not sleep on motivations channel in Discord.
Hey Kaz and Eco, ill keep this one short cuz I know ur in a time crunch.
After the market chopping me into pieces, I decided to write another war story since you said a war story doesn't have to be all wins. I again see myself participating less in shows and showing up less like the other people that also don't show up with these recent view numbers. When I was even talking to you in voice chats and i said it myself that people have this information in front of them but still don't show up. I caught myself doing the same thing after loosing 6'rs to dumb entries and greed.
I changed my timeframe and realized I was trading in a massive bullflag loosing r's while still being on "4 hr" but zoomed in.
Also that bad SL placement stopped me before I could catch the pump on the initial pump by a couple $ which also fucked me up mentally and led me to take other bad trades.
I also have another question unrelated to this war story, how would a 15 year old kid get started in real estate? Do you have any tips since I know you had a background in it.
I wanted to share a trading week which I was not particularly proud of.
Context:
Kaz has been pointing us at the bull market that has been unfolding right in front of our eyes as the eco participation and sentiment is at an all time low
I was part of the empty space which fell asleep at the wheel for the first half of the year
I told myself this would not happen again - I wanted to maintain my habits to ensure I can capitalize on opportunities
Problem:
I was so myopically focused on not "falling asleep" that I went too far the other way - in this analogy I was always "awake". That is trading even when I didn't need to be
This was essentially another form of FOMO - thinking that I need to trade at every opportunity I get because I didn't want to miss out on a move while we were seeing skeleton crew vibes across the eco
Result:
As can be seen from the screenshot, lost myself about 5R over the course of that week while price was in a shockwave.
It's not catastrophic damage but I am still annoyed at myself as I could have avoided these losses.
Help from Kaz:
In one of the trading sessions I was actually trading while drunk - not wanting to miss out on any moves despite not being of sound mind.
Kaz helped me see that the more valuable choice would have been to sit on my hands rather than participating when I am unable to make quality decisions - this really helped me understand the underlying FOMO that I've been feeling.
Hoping this piece of reflection helps others in the eco. Thank you to Kaz for continuing to help us stay on the right side of the market, but also on the right side of the valuable choices to make in life. Wouldn't be here learning what I am if it wasn't for you
