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Sunday, November 20, 2011

Running & Trading

[ This email came in from Jorge F, a Member in Mexico, describing his progress after our intensive class in Alabama in September and linking it to his marathon running.  Kerry and I are planning another intensive class in March, but it’ll be in Europe. ]

Hi, Everyone.

I ran my first Marathon on October 9th in Chicago.  A marathon is not about time or speed – it is about a fight between you and your mind.  The only way to finish the 42Km or 26.2 miles is not listening your mind but listening your heart and believing in its wisdom.

I was doing very well running up to 35Km keeping a very good speed (10km/h or 6mph) but I felt pain in one leg and a blister on one foot and started to support the running with the other leg.  After another 3 km I felt a blister on my other foot, then I have to finish my last 2 miles with blisters on both feet.  My mind kept saying stop to run, but I never did because I listened to my heart saying is wonderful that you can finish your first 26.2 miles in Chicago. And the moment when you cross the finish line the feeling is very good, you say to yourself – I did it.

 The same in trading: focus on your chart and listen to your heart which tells you to enter or exit.  Pay attention to it because when you listen to your mind you’re listening to your ego and your greed and then you lose.

 I began doing very well in trading: I only day-trade for an hour or two per day (stocks, futures and forex) and I am up 7.5% in my account in November for the first time in a very long time.

The method that I use is what we saw in Alabama, the only thing is that I am combining the Alex method with Kerry one and I put something of me.  I use Force Index, MACD, and I combine 10 and 20 MA with 4 ATR and I include one ATR more than Kerry and I keep the MA of Alex.

I use 30-min charts as my long timeframe and 5-min as short-term. When a stock is between the 3/4ATR and the Force index starts to signal a change in the direction and the Macd confirms it, it is time for me to enter, exiting in the value zone. The stop depends on the volatility of the stock or future that you choose.

I appreciate the time that we spend together learning from Alex and Kerry. 

I hope to see you soon in another meeting.

Jorge F

2 comments:

Peter said...

Jorge,

Great to here how the marathon went - we have a great marathon here in January if you are in NZ if you think there is a second effort waiting to come out.

Thanks for the update on trading and how it is going for you

Cheers
Peter

Sara said...

Jorge,

Congratulations! What was your time?? I am pleased to hear that you are sucessfully day trading in just a couple of hours during the day...this is something that I would like to start doing. Thank you for the inspiring comments.

-Sara

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