Getting organised

Hi Jake.

Thanks for sharing your way of taking notes. From the screenshot you shared, I see you are very organized, so kudos to you on that. I don't know how much you have progressed in the course but the thing is, Al often randomly throws in(that's what I have felt sometimes) valuable information in places that sometimes belong to other places(or at least places where I have taken notes pertaining to that topic) and it becomes difficult to organize the notes then.

However, I felt with flowcharts, I would have gain deeper understanding of PA and I can keep everything in highly organized fashion. Also, my experience with Evernote is not great. It often faces glitch while saving and I lost a lot of my progress at times. So, I'm a bit wary due to that.

Thanks for your wishes and I wish you all the best as well!

That might be a profound statement but I've seen the proof over and over and I myself have finally come to realize I AM WHOLLY RESPONSIBLE for my situation. NOT the market. NOT my read on the market but my ACTIONS and REACTIONS.

SandPAddict, @thetuxxx

This statement of yours points to your problem, ie yourself! 😊  As others have noted above, it makes no sense bashing Al or his methods if they are not working for you. Move on. But then, from many of your statements it is clear you have not really grasped the principles.

So please do not resort to spam here. Take deep breaths (often - especially when trading) and cool your temperament. You did not mention psychology in your rants (here at least) but I would humbly suggest you look into why you are saying these things to yourself (and then bombarding us). Have a sane conversation with yourself first. One or more parts of you are very angry, or in some kind of crisis as suggested above, and the answer lies within yourself, not here.

So yes, as you said yourself, "I (ie YOU) ARE WHOLLY RESPONSIBLE for your situation", so please keep it there, and ask nicely here for advice as/if needed. We are all happy to help.

As other members have said, please take this message as support. 

Slightly off topic(?): On the "consistently profitable trading" topic, I am looking into creating a short trading psychology / live trading course to show how to achieve consistent profits using Al's methodology. Mentioning it here as I do support comments above that live proof of successful trading is a major component missing from course that needs fixing. Will write more in separate thread soon, and invite anyone interested to join and pilot course idea.

I am also looking into providing a 5-days a week BTC trading room service, to include Al on one day a week. So if anyone out there is interested in being part of that, drop me a line through site contact form.

Hey Abir!

I love the responses from above, especially making yourself flowcharts to ease decision making process. Thanks for that input!

I'm personally on my first run of video course and (currently in the middle of the first part) and my strategy is to watch a video, take screenshots of each slide, print 2 slides on A4 paper, rewatch the video again and write notes on slides in different colors highlighting what is a new concept for me or where I recognize some of my older mistakes, or what seems important to me at that moment. 

Each day I try to do a detailed analysis of charts I trade, and try to recognize what I have seen in videos that day. That way I train my eyes and let the new ideas from Al sync better with me and gives me motivation for learning. 

My short input on Al and his PA approach - My mind has personally been blown away 50 times already with his approach to markets (for example: who is trapped and when in markets and how that influences the price, market inertia, etc..) so I am a firm believer that things thought in this course have a firm ground. In the end, we are all unique and perceive reality and things that we are exposed to differently, so I understand that some people find Al's approach to markets as obvious and some confusing. For me it was the former.

I would suggest to anyone struggling with learning curve to be patient and give it a time. Becoming process oriented rather than goal oriented was a game changer for my approach in trading. 

PS pics attached are a photo of my slide notes and how I mark up the chart.

Cheers and good luck to everyone

Slightly off topic(?): On the "consistently profitable trading" topic, I am looking into creating a short trading psychology / live trading course to show how to achieve consistent profits using Al's methodology.

Great, Richard! Looking forward to it. Thanks for this initiative.

Mentioning it here as I do support comments above that live proof of successful trading is a major component missing from course that needs fixing. Will write more in separate thread soon, and invite anyone interested to join and pilot course idea.

I don't see why not getting live proof is a major factor. Al himself being an authority, anyone who goes just a little bit through the course and then sees live market can observe for themselves how ridiculously consistent the PA principles Al teaches us is. It didn't take a lot of effort on my part either. Anyway, to each his own. Regarding the pilot course idea, I would be interested in this Richard but do consider my skill level before considering me as a candidate. I am not among the advanced members on the forum. I am just an eager volunteer who would be glad to contribute in any way possible.

I am also looking into providing a 5-days a week BTC trading room service, to include Al on one day a week. So if anyone out there is interested in being part of that, drop me a line through site contact form.

Something I would look forward to probably next year, I need to level up by then. Thanks for your initiatives and comments.

Thanks Hrvoje,

My way of working is a little similar to yours, except I don't maintain the strict documentation of the work being done like you do. I will try and get going on that. You will have to put in a lot less effort the way you are going. Keep it up and let us support each other in any way possible. Cheers!

What an interesting thread this is. Cool to see how my fellow students are studying.

In addition to what already has been said, I would advice to collect and study the probabilities Al mentions throughout the course. For example, from my notes:

With Trend BO: 75% is climactic end of trend.

I know Al talks about this in videos 16E, 18B, 29A, 33C and 35C (I have not finished the course yet). It's really helpful that when he mentions a statistic like this, to look it up, see how it holds up in multiple situations and really internalize it, so when a pattern or situation like this happens in the market, you're prepared for it. I know now, when I'm entering a trade, whether it has a high or low probability. It helps a lot in becoming frustrated when trades go against me, and managing my emotions.

I also use Notion for this.

Posted by: @richardhk

Slightly off topic(?): On the "consistently profitable trading" topic, I am looking into creating a short trading psychology / live trading course to show how to achieve consistent profits using Al's methodology. Mentioning it here as I do support comments above that live proof of successful trading is a major component missing from course that needs fixing. Will write more in separate thread soon, and invite anyone interested to join and pilot course idea.

I am also looking into providing a 5-days a week BTC trading room service, to include Al on one day a week. So if anyone out there is interested in being part of that, drop me a line through site contact form.

I'm interesting in both those ideas!

Old thread, but just wanted to add that I use Anki to study Al's material.

Postado por: Pratik

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Old thread, but just wanted to add that I use Anki to study Al's material.

Same here. Anki is fantastic and I use it for quizzing myself on useful factoids from Al's webinars. As I watch a webinar I take a screenshot at that point in time and create question and answer flashcards. 

Sample:

Postado por: Mr. Carpet

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Postado por: Pratik

↑

Old thread, but just wanted to add that I use Anki to study Al's material.

Same here. Anki is fantastic and I use it for quizzing myself on useful factoids from Al's webinars. As I watch a webinar I take a screenshot at that point in time and create question and answer flashcards. 

Sample:

-- attachment is not available --

 

This is a pretty interesting use of Anki.

It gives me an idea, although I have only used Anki couple of years back, for something different (not trading), so I don't know if it is feasible.

The idea is that several interested people could make their own anki cards, for what they consider worthwhile chart scenarios, and then create a consolidated deck of cards made by including everyone's cards. Which then all of those people can download, it will be more useful because then everyone will get many more scenarios which they have not gone through.

If such an idea is doable in Anki and if this sounds helpful, I'd be interested in it.

My cards are similar, but I don't attach the image to the card. All my screenshots are kept in a folder and my cards refer to them, like this:

The first example refers to a screenshot of a BTC video with timestamp:

In this example, 30E-3253.jpg would be the file name I'd be looking for when I review this card.

The actual screenshot may have my own notes and scribbles on them as well.

The second example refers to a BTR recording with timestamp:

I am currently using Excel to keep track of my entire thought process while I am trading and I hope this sample helps. Most of the time I need like 3-4 expanded cells to journal it and then I'll use a thick outline to highlight the day which makes it easier when I review my week on weekends. Not sure if it's a good way or if there's a better way but this is what I can think of for now. 

It's rather wide so I often have difficulties with having to scroll through at the beginning, but in time I got used to it eventually

I've got a separate sheet within my entry to journal my trade mangements

I then have a separate weekly journal to go summarize which then makes it easier for me to have an idea at the end of the month

I hope in sharing this, it could help you but am also hoping if the other more advanced members here could share their thoughts on how I am going about this and if there are suggestions on how I could do it better.