Immy's Corner [The Setup The Hunt - T20's and more]

[wiseambitions]

I was saddened to hear from Immy that Steven R Covey has passed away

His masterpiece was The 7 Habits of Highly Effective People, and I was immediately reminded of how he would talk about you being at a funeral and being aware of the spirit of love and gratitude for the departed, then the realisation it was your own funeral! And what would you like written on your own tombstone? Begin with the end in mind etc. In fact only a couple hours ago (before hearing of his death) I was thinking about his advice "Seek first to understand then to be understood" in respect of good communication around my arriving late at a meeting at which I was to have a part after a long diversion. I needed to accept their position, i.e where's Ray, he shouldnt be late, before defending myself with genuine excuses.

Actually a few years ago he came up with the 8th habit. Which is greatness. I came across a CD of that only today in my office!

I would recommend all Aimsters listen to some of his presentations on tapes, CD, youtube etc.

The part about the 4 quadrants of time, urgent and important, urgent and not important, not urgent but important, not urgent and not important is classic. Dont waste time on things which don't matter which are not urgent and not important, but do things that are important before they become urgent (a stitch in time saves 9!), and make sure you leave time in life to cope with things which develop into urgent and important (eg dealing with emergencies).

So is the one about fitting stones and sand in a jar. If you want them all to go in, put the big ones in first, then eventually pour in the sand. Sort out the big things in your life first

Oh and sharpen the saw. Don't forget to maintain the equipment, look after your health, etc.

This is not a comprehensive list, but all the truths come flooding back into my mind.

One for the forex trader is to synergise. 2 + 2 = 5! The example here might be how Snorm has developed the EW and Fib forecasts on the original Awesome Oscillator. And so much help is available on this forum, the ingredients for success all come together magically here.

He will not be forgotten, and as a personal development master teacher he will not easily be replaced or equalled.

[immy]

I was saddened to hear from Immy that Steven R Covey has passed away

His masterpiece was The 7 Habits of Highly Effective People, and I was immediately reminded of how he would talk about you being at a funeral and being aware of the spirit of love and gratitude for the departed, then the realisation it was your own funeral! And what would you like written on your own tombstone? Begin with the end in mind etc. In fact only a couple hours ago (before hearing of his death) I was thinking about his advice "Seek first to understand then to be understood" in respect of good communication around my arriving late at a meeting at which I was to have a part after a long diversion. I needed to accept their position, i.e where's Ray, he shouldnt be late, before defending myself with genuine excuses.

Actually a few years ago he came up with the 8th habit. Which is greatness. I came across a CD of that only today in my office!

I would recommend all Aimsters listen to some of his presentations on tapes, CD, youtube etc.

The part about the 4 quadrants of time, urgent and important, urgent and not important, not urgent but important, not urgent and not important is classic. Dont waste time on things which don't matter which are not urgent and not important, but do things that are important before they become urgent (a stitch in time saves 9!), and make sure you leave time in life to cope with things which develop into urgent and important (eg dealing with emergencies).

So is the one about fitting stones and sand in a jar. If you want them all to go in, put the big ones in first, then eventually pour in the sand. Sort out the big things in your life first

Oh and sharpen the saw. Don't forget to maintain the equipment, look after your health, etc.

This is not a comprehensive list, but all the truths come flooding back into my mind.

One for the forex trader is to synergise. 2 + 2 = 5! The example here might be how Snorm has developed the EW and Fib forecasts on the original Awesome Oscillator. And so much help is available on this forum, the ingredients for success all come together magically here.

He will not be forgotten, and as a personal development master teacher he will not easily be replaced or equalled.

and "Between Stimulus and Response is Your FREEDOM TO CHOOSE"

This is now 3rd Best Post of This Forum! Thank You Ray! These Principles Have Changed my life. Although I've always felt guilty that I could not completely live by those rules and guidelines outlined by him in the Greatest of All Books "The 7 Habits of Highly Effective People ", I have applied most of the concepts in to my life and I would have been a different person without This PARADIGM SHIFT! Amazing! Thanks Ray! Thanks S. R . Covey! ^:)^

[wiseambitions]

This would be a typical acknowledgement of his legacy:

Stephen Covey has changed my life, his book 7 habits teaches a person to be open minded, goal oriented, and to be a successful person

One habit is Begin with the end in mind. That's where I might get the goal setting of 1% a day, which at the end of a year (approx 250 trading days) would steadily multiply capital by 11. So if we can visualise that, overcome greed, maintain discipline and stick true to the principles then we are capable of achieving something very positive.

What are the 7 habits of a highly successful trader?

" onclick="window.open(this.href);return false;

Sorry to disappoint you guys but It's not Covey. Nevertheless might contain something useful along the lines he used to talk.

[immy]

Hi

Thanks for the link, however here is the link to pdf in the mind section: http://www.itradeaims.net/forum/viewtop ... 3&p=79#p79" onclick="window.open(this.href);return false;

[immy]

Can You See the Wave?

I wrote this down, printed and laminated in Jan 2010.

[wiseambitions]

What you wrote 3 years ago (exactly!) is very much like where people talk about 'Price Action'.

However it must be true to say that your knowledge has moved on in leaps from there, and the application of overlays like aims boxes, alligator, and AO or ewaves is like having magic filters which help identify golden moments. That's the reason we need to mix patience with an understanding of when those golden moments present themseves. Then we can make trading decisions which have a higher probability of containing profit.

[immy]

Something nice is going to happen soon!

[Dave]

What are you planning for us, Immy? The suspense...

[immy]

EUR/JPY my princess! has been hot past few months! Should have started trading it some time ago but this month has been quite a few EJ trades for me.
a couple of trade this this afternoon. I was -15 pips during the morning, a few silly ones and now up +15. Pic below.

[wiseambitions]

EUR/JPY my princess! has been hot past few months! Should have started trading it some time ago but this month has been quite a few EJ trades for me.
a couple of trade this this afternoon. I was -15 pips during the morning, a few silly ones and now up +15. Pic below.

I can't remember how to work out the lot size for this pair, I'm used to how many lots to buy on Eurusd, and cable, but need to get my head around the different numbers that Yen involve..