Restarting again.
Well, that was an eventful year. I just turned 37 a few days ago. If that wasn't scary enough, my beautiful baby boy is now 6 months old. Nothing will wake you up in a hurry than looking in the mirror and realizing you've become your father.
On my new quest for the stock market holy grail, I'm starting over with a newly funded account ($5000), a new broker (Interactive Brokers), a new real-time charting service (Sierra Chart) and following a new guru (Woodie). Hopefully, I'll be fully acquainted with everything and ready for live trading after Labor Day -- when everyone's back from vacation and the real fun starts.
I've followed Woodie in the past when he was a lesser known guru touting the CCI to trade signals on the ES -- emini S&P futures. He was a great guy, very giving of his time and efforts to teach people, and he never took a cent from anyone. I've rediscovered him. He's really blown up, drawing over 600 people to his chatroom. He's still doing the CCI, now concentrating on the YM -- emini Dow, ER2 -- emini Russell 2000, EUR -- euro futures, and even commodities.
I think I'll stick around this time. It's an active and engaging crowd. There's a spirit of sharing and teaching, stemming from Woodie. I'm not sure whether I'll be staying in his chatroom, as I have qualms about how useful and beneficial it is. From my experiences, chats tend to be either time-killing distractions or mental drains as you start comparing yourself to everyone else's results (and believe me, 98% of the posted trades will be magnificent winners while the losers stay mum and wonder why they aren't having magnificent winners).
In any event, here's to the start of something good.
1 Comments:
Fearless,
I just recently came across your blog via The Big Cheese. I just wanted to let you know that I am too on a quest for the "holy grail". Just like you I started out in Woodie's room in August, 2004. The journey has been difficult but I haven't given up yet. I will be following your diary, but first I will have to read all of your posts just like I did at cheese chat. I know that was one crazy idea, but nonetheless I enjoyed it.
Good trading!
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