Received 11 Karmas
Cyren
1
Cyren Dec 12, 23 11:03 PM

Great explanation of when is the right time in regards to time of day and your personal schedule. Such a great lesson.

ArtOfWar
ArtOfWar Dec 13, 23 1:09 AM

@Jdegregz just way easier to trade the momentum in this market during regular market hours.

Integra
1
Integra Dec 13, 23 5:09 AM

Thank you for your honesty

tiptoeshoerepair
1
tiptoeshoerepair Dec 18, 23 7:03 PM

like it short and direct as possible, good see how number five sykes pattern evolve.

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Received 7 Karmas
MattZ
1
MattZ Nov 27, 23 7:42 PM

thank you Ellis aka AOW!

ArtOfWar
1
ArtOfWar Nov 28, 23 7:58 AM

@yessir From where I actually perceived it bouncing in real time. More of an advanced trade that actually has to been seen in real time due to the volatility. Just know that when I do play bounces like that it is usually an identified level of major support from before.

nelagil
1
nelagil Nov 29, 23 7:43 AM

Thanks for a so clear explanation Ellis

Cyren
1
Cyren Nov 29, 23 10:49 PM

Awesome webby, coach! I'm typically and FGD trader but this makes so much more sense.

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Jayray_68

Been getting piled on with work lately. Still firmly believe the ultimate challenge of trading is getting it to work with your personal schedule. Looks like the next coming months are going to get swamped for me and I’m not going to be able to dedicate the time I was hoping to into my trading career. The struggle of having a family business is the obligation that it is all on you at the end of the day to make sure the family is financially secure. This is the exact reason I started getting into stock trading in the first place. The amount of stress that comes with a family brick and mortar business is you are married to this business day in and day out. It really cuts down on your quality of life. You don’t have the time to do the things you love with the people you love. To me trading is more about the freedom more than it is the money. Imagining that day where I show up a few times a week and make enough to be financially free, and also supportive for my family financially. This being said it’s a bit a speed bump in my trading career having to walk away from it a bit. I will still poke in from time to time but I think most of my dedication looking forward is going to be strictly post market. I will be still hard at work with my trading career after hours when I finally get the time with in-depth spread tracking. In my eyes trading is still going to be my long term career unfortunately lately. I’ve been maxed out the stress of having $10k+ on the line in a trade being on a forklift or fixing a machine and keeping on top of paper work has put me to all new highs with my stress levels. It’s something I feel will forever be impossible for me to balance. Have been really happy with my trading lately in this tricky market but lately. Heath wise, the people around me, the stress, the obsession with my dedication, the family business, projects on my shit list. I’ll be stepping away from the market during market hours for the most part. Going to work on further efficiency on the family business to hopefully buy myself more time to trade again. Still might see me trade from time to time. But I will likely be dedicating most of my time to mechanical odds further tracking to improve my trading now and to set me up for when I do finally get time to return that I will not miss a beat on current market conditions. As always I’m happy to help anyone so shoot me messages any time. Hopefully I will be seeing some of you at the fall conference this year. For now the daily grind sucking me back into that miserable lifestyle but I will be back and better than ever. Trade safe everyone and remember keep them losses small, the process is something gained over time and when the process is fine tuned you can truly do some amazing shit.

Received 1 Karma
Cyren
1
Cyren Jul 04, 23 2:13 PM

Hey man, in the short time I've been with the challenge you are one of the traders I chose to follow, can't put my finger on why, but something just inspiring. Family first, the market will be here. Best of luck!

Jayray_68
Jayray_68 Jul 04, 23 3:09 PM

@Cyren thanks brother, can’t wait to get this personal schedule back under control. In the meantime. The effort will be going into the data, goal is to come back with a better personal schedule and even higher conviction on my trades. Which hopefully results in larger size and better quality setups

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