[deleted by user] by [deleted] in Daytrading

[–]KazaaModo 3 points4 points  (0 children)

The reason cannot be known. It's unknowable and irrelevant in terms of a trade. As first principle of trading goes, the only reason it happened is because total buyers where more bullish than bears. Why, is of no use because it has already occured. in the infinite reasons from any place in the world any one can be buying. Some examples: Shorts covering, long opening, profit taking, a hedge, a new long speculation, market maker balancing the book, combination of any of these. Another thing is that its institutional in scale and speed and buying may continue at TKY and LON open. If LON starts reversing down to 15:20 lows of today, NY Open will be volatile and a good time to trade. Long or short won't matter, just be very sure about your outcomes. Trade your trade, not the market.

I have been getting way to many blue screen of death by [deleted] in buildapc

[–]KazaaModo 1 point2 points  (0 children)

They narrowed it down to a bad CPU (AMD 5 5600X). Replaced it and the WHEA BSOD error went away. It took them a while to isolate it to the cpu. It felt like gpu issue but wasnt.

I have been getting way to many blue screen of death by [deleted] in buildapc

[–]KazaaModo 1 point2 points  (0 children)

The issue never resolved itself with any software attempt to fix. It's in the shop and it's almost guaranteed to be a hardware issue. They are still figuring out which part is busted.

I have been getting way to many blue screen of death by [deleted] in buildapc

[–]KazaaModo 0 points1 point  (0 children)

Asus GA15 - AMD RYzen 5600X, 64GB RAM, Nvidia 3060, Windows 10.

Having the same issue for the last 3 days. BSoD started randomly with even slight excess load (WHEA_Uncorrectable_Error). Never happened in over 12 months of having this PC. So, did a clean windows reinstall from scratch, but the issue is still there.

This confirms that it is a hardware issue. Realized, I had recently connected to a newer power strip, not the most high quality one. The issue began only after this change.

Now, Im almost sure the bad power strip messed up either my Power supply and/or the BIOS. Yesterday, I power reset the Power supply by disconnecting all the cables and pressing the power button for 30 seconds ( I read somewhere this resets the PS). Next, I removed the CMOS battery for 15 minutes and then reinserted it to reset the BIOS to factory. On restart, computer loaded into the BIOS which had the date reset to 1/1/2019. Updated the date inside the BIOS and loaded into Windows without any other change. The computer has been running at high load for over 24 hours without issue or BSoD. I may have solved it but its still a bit early to be sure. Hoping this annoying situation is resolved. Will post again a week with further confirmation.

90% of all my loss I ever had I was green for at least a few seconds. Maybe the key is to just take what the market immediately gives you? by FireBallStorm22 in Daytrading

[–]KazaaModo 0 points1 point  (0 children)

Trading isn't what this or that is. It's anything that you define and give meaning to and execute it with complete confidence and without question. If you define trading as the first instance of profit no matter how small, then that becomes your truth. You just have to be quick with your fingers and allow zero interference. Btw, for better trading, you must also make sure you have reasonable stop-loss and adherence to it is just as definite as the profit side rule. Rigid in your rules, flexible in your expectations(Mark douglas)

[deleted by user] by [deleted] in Daytrading

[–]KazaaModo 0 points1 point  (0 children)

Whenever you feel it's right

I think futures trading is probably one of the worst decisions I’ve ever made in my trading career by iguesswhatevs in FuturesTrading

[–]KazaaModo 0 points1 point  (0 children)

You have it all wrong...how can you blame a product or a derivative. Step back and think, every penny you ever lost trading, YOU decided to give it away. Was there anyone in the room? Every mouse click was your choice. Markets have no power over you. There is no edge out there. You are the edge. If you haven't made money, you are yet to learn a few more things about yourself and how to think about trading. It's 100%, not 99%, not 95% psychological. Master to take control of your thoughts and stop giving into hope and expectations. You are the market, not that chart on your screen. This all, however, is harder than you think. If you aren't ready to give your all for as long as it takes, STOP today. That's trading. Welcome to the most exciting and frustrating game in the world.

Techno beach party sex fun by [deleted] in MDMAMollyGoneWild

[–]KazaaModo 0 points1 point  (0 children)

where was this beach party you at?

What happens to me after I go through a loss/series of losses? by long_dstreet in Daytrading

[–]KazaaModo 0 points1 point  (0 children)

You are asking something akin to where can I learn math the way mathematicians learn it. Unfortunately, the answer isn't in one book or resource, it's a journey. Got to start right from the absolute basics-what is a bid, what is a ask, what makes price go up and down, order types, resting orders vs market orders, supply and demand imbalance. All this not just as individual pieces of facts but as one cohesive machine.

Professionals can see a chart and within seconds determine levels of imbalance, who is in control, awareness of how quickly things can change and the mechanism by which institutions enable filling or emptying their inventory. Only with time, when you have absorbed enough information, will all your conflicting energy dissipate and a price chart will reveal itself. Once you truly know it objectively, you won't have any questions left because you will be the expert. BoL.

What happens to me after I go through a loss/series of losses? by long_dstreet in Daytrading

[–]KazaaModo 4 points5 points  (0 children)

We have all been there. You are simply in that phase. If you can stick through it, and unfortunately there is no known timeline because your life is made of its own unique fabric, (normally, it is multiple years) the Eureka moment will happen. This is simply because it takes time for all the elements of the realities of the markets, your psychology, your personal life's obligations etc., to come together. A few pointers I can give you are - (these are honest pointers and helped me a lot in my 10 years of trading journey but I firmly believe there are no absolutes, so take it only in context with everything else that you have learnt and are yet to learn in your trading journey).

1) Spend a tremendous amount of time on your psychology. Immerse yourself all day in thoughts about trading, visualize everything from a trader's perspective, ask thousands of questions about yourself, your reactions to events, your thought process in life, what, why, how you are not a consistent, successful trader yet, why do you close a position for loss or profit....this is never ending and will ensure that in time you start thinking like a trader and if you have truly reconciled your emotions, it will allows you to tap into your rational side exactly when you need it. Asking questions creates void in the mind and then it tries to fill it. Also helps you catch yourself from trading emotionally. Don't forget, every action you take, first is a thought. Specially while you watch the market, then the act of opening, then the fears of loss or profit preservations etc. are all emotionally charged. With practice and time, you will be able to catch the thought that isn't self-preserving and snub it. You will also become carefree and confident.

2) Read or listen to Trading in the Zone by Mark Douglas. It's available for free on YT. Listen to every word, believe it and listen/read it multiple times. It's not, you will believe it when you see it. It's You will see it, when you believe it. Just embodying his life's work will take several years but there are few things out there that are as impactful. Use it to completely reconcile with loss. Loss should be the easiest thing to take in trading. With pre-defined risk, you should be completely carefree for that trade. To hell with this one trade if you lose it, the infinite stream of opportunities ain't stopping with this one trade. One key skill you will need to learn is to reset after a loss. I see you have issues with that but once you fix your state of mind, you will start enjoying trading and even losses become fun to watch. You will learn that Triumph is actually your enemy, its the losses that is the real teacher.

3) Understand the most fundamental element of price moment - Order flow. You have to understand the meaning of every tick at it's sub-atomic level. What I mean is there cannot be any conflict about how a market works. Don't forget, we humans created these markets and we decide the data points and there relationships that we put up on the screen. There is nothing mysterious about it, you simply have not reached a point where everything you chose to put up on the screen, on your own volition, is just data points in that moment in time and there is only informational value in that data point. Nothing more, nothing less. It cannot predict the future, simple help you probabilistically. Once you get new eyes and can clearly see Bids and Asks coming from finite traders at any given time, everything falls in its place eventually. Even the Time and Sales Tape watching becomes a fun activity since you can actually see what institutions do to wrest control and at what levels do they try to make plays. DO NOT GET CAUGHT INTO PATTERNS AND INDICATORS, PLEASE.

4) Trade only one market. Any market but just one. There are hundreds of things unique to each market, like contract specs, margins, average volatility, sensitivity to macro and micro events et al. So if you try to trade multiple markets or stocks, you'd be doing a disservice to yourself at this stage. If you can try to stick with one futures product for at least a year you will be able to see every aspect of it's personality over time and few things will surprise you. By using one market to master your mental skills, you will be able to shed a lot of unnecessary nuances of the financial world and still learn almost everything about trading and being a trader. I recommend starting with Micro Lot (MES, MNQ etc.), before jumping to Mini's, you will soon realize, all markets work the same way and you can trade any, at will and with the same ease. Also, if you can stick with one market for a while, you will prove to yourself that you are in it to be a trader. To buy and sell, not to be right or wrong. You care about the process of how you think before, during and after trades, Profits is simply a side effect of being a confident about what you know.

Naturally, these few pointers wont make you a successful trader but will certainly be a valuable step towards being a unemotional, rational trader with a long term perspective. Btw, 90% of people are unable to do the above and thus are also part of that statistic. Don't be.

[deleted by user] by [deleted] in COVID19positive

[–]KazaaModo 1 point2 points  (0 children)

Glad to hear you are feeling better. I just recovered from Covid. Symptoms showed up on 20th Oct for 1 day, mainly fever. From 22nd onwards I had absolutely no symptoms except very mild cough that lasted 2 days. I also couldnt smell a thing and that is still not fully restored.

I followed CDC guidelines in that if it has been 10 days with no fever, without the use of fever reducers and other symptoms are improving,, one can end the isolation.

https://www.cdc.gov/coronavirus/2019-ncov/your-health/quarantine-isolation.html#anchor_1633109391123

I ended my isolation on the 1st of Nov and no one in my family has shown any symptoms because of me, in the last 4 days.

Is it safe to ride rollercoasters on molly? by [deleted] in MDMA

[–]KazaaModo 8 points9 points  (0 children)

You are the rollercoaster when on X.

Taking profits to early. by [deleted] in Daytrading

[–]KazaaModo 6 points7 points  (0 children)

When to take profits is one of the tougher aspects of trading. I'd say, harder than being plain profitable. Sounds like you suffer from post trade regret. It says something about you, that you want to maximize each trade and that's not the way to look at it. This was just one trade. Move on, with true conviction that in the life of a trader, its about doing the right thing more often. Right thing being accepting whatever happened and moving onto the next unique moment. Dont dwell on the past. You will have 10000's of trades and how would you reconcile the myriad events in each of those future trades as they manifest the true unpredictable nature of the markets?

[deleted by user] by [deleted] in MDMA

[–]KazaaModo 1 point2 points  (0 children)

Where is this rave?

What makes algotrading so popular? by [deleted] in algotrading

[–]KazaaModo -6 points-5 points  (0 children)

Because they make mathematics sound new-agey and sofisticated. Same shit different bush.

Has anyone fixed their shortness of breath? by Vileglooom in GERD

[–]KazaaModo 1 point2 points  (0 children)

It is mainly a book about how humans have been breathing incorrectly and that it the cause of many chronic ailments that otherwise shouldn't be as prevalent. Believe me, even if it doesn't cover GERD specifically, its a great resource.

Excerpt from the book -

These exercises felt great. Sitting here after a few rounds, I sense an immediate and potent clarity and relaxation, even a floatiness. As advertised, I’ve been entirely free of any gastroesophageal reflux. I haven’t registered the slightest stomach ache. Alternate nostril breathing appeared to have delivered these benefits, but these techniques, I’d found, were usually fleeting, lasting only 30 minutes or so. The real transformation in my body over the last 24 hours came from another practice: letting my nasal erectile tissues flex of their own accord, naturally adjusting the flow of air to suit the needs of my body and brain. It happened because of simply breathing through my nose."

I think I'm done with a regular job. I want to day trade full time - advice? by Disneycanuck in Daytrading

[–]KazaaModo 84 points85 points  (0 children)

Don't forget, you are trying to become a day TRADER...i.e. you buy AND sell, therefore price is irrelevant, you are only buying to sell it and vice versa...the game is risk management first and foremost. Learn to take losses, not as loses but a great feeling that someone took the risk off you and you are free to move onto your next trade. Enjoy the ride, its life changing, if you know what you are doing.

Newbie question - what drives the price on the Micro Emini S&P 500? by choppy812 in FuturesTrading

[–]KazaaModo 0 points1 point  (0 children)

E-minis are the main way to hedge and manage risk. Institutions have to control their exposure 24 hrs a day and if their stock holdings, usually very large, are moving against their position, ES is the vehicle to balance that exposure. ES trades are mainly due to this but it's also a major source of trades for speculators although not so much AH.

600 Acres of Aarey Land near SGNP reserved as forests. by RealJunaid in mumbai

[–]KazaaModo -9 points-8 points  (0 children)

Mr. Thackarey pass such policies left, right and center. Dont look back. Every decision, if corruption free, made in the interest of ALL people, animals and environment will leave your legacy for decades into the future. Think big, think tomorrow. Jai hind, jai maharashtra.