Home > Creativity, design, education, Markets > Reflective learning in the markets

Reflective learning in the markets

daily reports attached and some case studies that continue our development of the WMB entry technique (Williams%R, MACD-H, Breakout on candles)  (Will Make Bank)


Silver rewarded us by holding overnight on a large gap up, and we squeezed another 4-6R out of it, depending on how exits were managed.


We saw the relative strength in the international ETFs like EWZ and ILF, but my over-focus on silver kept me out until late in the intraday move;  EWZ could have been a “whale” of a trade like we experienced earlier in the week a couple times, if i had been more balanced


the attached case studies reflect me trying too hard to be early or being a little late/chasing. I am liking the discipline of this WMB technique to calibrate my timing.


the most important thing for me was the risk management decisions to exit properly and keep losses below 1R, followed up by being able to recognize, acknowledge, accept and release my feelings in the moment and regain my form


i recognize that as a discretionary rules-based trader that my judgments in the moment are a crucial part of my results: both wins and losses, and that documenting and learning from the results are crucial to my continued development.


I believe I have to keep pushing my boundaries, on the margin, in order to keep growing, to keep finding refinements

  1. No comments yet.
  1. February 5, 2011 at 2:27 pm

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: