the only reason why i would go to the Wsop is because of the expectation of winning money. but based on the probabilities, you most likely will walk away from the WSOP with no money. i'm not sure if i'll be going in May. maybe take the greyhound in may 23.

if i do go, here are two expectations to have with any hand you play

I'm gonna lose money money that i put out on the table. that expectation will keep you from playing too many hand.

and if you do play a hand. i command the winning hand to come to me. that command will increase the chance of winning the few hands that you do play

WORLD SERIES OF POKER ANNOUNCES 2014 EVENT DATES DECEMBER 19, 2013 - 9:21:46 AM PST   |   Seth Palansky

World Series of Poker® Announces 2014 Dates

Poker’s Most Popular Poker Festival Set to Run From May 27 to July 14, 2014
At Rio All-Suite Hotel & Casino in Las Vegas

45th Running of WSOP and 10th in a Row at Rio, Concludes with Main Event July 5-14

LAS VEGAS (Dec. 19, 2013) – Save the Date(s). The 45th running of the World Series of Poker – the longest-running, richest and most prestigious tournament series – begins on Tuesday, May 27, 2014 at the Rio All-Suite Hotel & Casino in Las Vegas – marking the 10th consecutive year the event has been held in the Rio Convention Center.

The action-packed schedule includes gold bracelet events, satellites, cash games and thrice daily deep stack tournaments running for 49 consecutive days, concluding with the final nine players of the WSOP Main Event on Monday, July 14, 2014.

The summer festival reaches its pinnacle with the globe’s longest-running poker tournament -- the $10,000 buy-in No-Limit Hold’em WSOP Main Event championship -- which is slated to run over ten consecutive days from July 5 - July 14, 2014.

The WSOP Main Event will feature three starting flights – Saturday, July 5; Sunday, July 6; and Monday, July 7.

“In our 45th year, and tenth at the Rio, we are hard at work to make the 2014 World Series of Poker the biggest and best yet,” said WSOP Executive Director Ty Stewart. “We will build it, we hope you will come.”

WSOP.com’s real-money online poker offerings in New Jersey and Nevada will be the exclusive online home for players in these states to win seats into WSOP events, including the Main Event. While in New Jersey or Nevada, eligible players can play on WSOP.com, whether a resident or not, and satellites are expected to run regularly throughout the WSOP.

Buy-ins for tournaments at the Rio start as low as $75. Cash games will begin on May 27 and run 24 hours a day throughout the seven-week series taking place in the Rio Convention Center.

Some key tournaments already penciled in on the schedule include:

Saturday, May 31 – The opening Saturday event features the $1500 buy-in No-Limit Hold’em “Millionaire Maker” where the winner walks away with potentially 666 times their investment – a guaranteed $1,000,000. (This event featured 6,343 entries in 2013 and the winner earned $1,198,780). The prize pool for this event last year exceeded $8.5 million.

Sunday, June 29 – The return of the Big One for ONE DROP, the $1,000,000 buy-in No-Limit Hold’em charity event to benefit ONE DROP where the winner can conceivably walk away with the largest prize ever awarded in poker – in excess of $20,000,000 – with the field capped at 56 players.

Thursday, July 3 & Friday, July 4 – The return of the Little One for ONE DROP, the $1,111 buy-in No-Limit Hold’em event to benefit the ONE DROP charity. The two-day start, unlimited re-entry (through first four levels) event featured 4,756 players in its debut and a huge nearly $4.3 million prize pool up for grabs. The winner walked away with $663,727. The Little One for ONE DROP will also be the last No-Limit Hold’em event offered prior to the WSOP Main Event.

Nearly 500 poker tables will be set up across more than 100,000 square-feet of ballroom space to accommodate the thousands of players from around the world who attend poker’s annual Woodstock.

The 2013 WSOP attracted 79,471 participants – the largest attendance in the WSOP’s 44-year history – in a total of 62 events, generating a prize pool of more than $197 million. Participants in WSOP events hailed from 107 countries in 2013. The WSOP Main Event, won by Michigan’s Ryan Riess this year, attracted 6,352 players and awarded Riess $8,361,570.The current slate of individual events offered during the 45th Annual WSOP are being finalized, with 60+ official gold bracelet events expected, with weekends catering to the No-Limit Hold’em weekend warriors and a broad range of other variations of poker at both entry level and championship level buy-ins being mixed in throughout the series. Specific events for Seniors, Ladies and Casino Employees are all being planned as well

so as of janurary 26, 2014. my current tiny habits are
so i still like to read about violent crime. so that's still a habit for me. so after i read a news story then i will
listen to Jason BLume. so reading the news becomes a trigger for the behavior of listening to Jason Blume. i only listen to the Melody CD. and only listen for 1-2 minutes. any more than that and you won't be doing the behavior 6 months from now.

this is a screenshot of my itunes. last couple weeks, i've been mainly listening to EX. 2 and using short phrases and sometimes EX.3 from the MElody writing CD

so after i listen to Jason for 1-2 minutes then i go onto my writing software scrivener and work on my writing

here's a screenshot

another one of my habits is looking at the market. now i've been trading for five years now. and i've lost a lot of money and and i didn't realize why until i started listening to Bob Proctor. when i saw Bob Proctor Stickman. then it hit me why i kept losing money. it hit why even though i was losing money i din't want to get out of the trade, praying, hoping the market would turn around.

here's a look at the stickman.

so they reason i kept losing money in the market is because consciously, i knew i should take that loss or i'm gonna lose more and more money; unless you get out of the trade when the market turns against you. but subconsciously  I WA EXPECTING TO MAKE MONEY. AND THIS IS WHY 90 PERCENT OF ALL FUTURES/FOREX TRADERS LOSE MONEY. think of it this way. buy 100 powerball and 100 mega million tickets and then throw them away before the drawing. most people will not do that. because they will say "i may win". yes you may, but based on the probabilities you will not. same thing traders. the market turns against them and they say to themselves, it may turn around. yes it may. but if it doesn't you're gonna lose all your money. and that's happen to me multiple times. so i came up with simple process to program my subconscious to take a loss.

so i repeat both of this affirmations more than 200 times a day. some days 1000 or more

i'm gonna lose a lot of money in the trade that i just put on

i expect to lose a lot of money in my current trade

Like Bob proctor says Repetition is the only way to program the subconscious. and that's made a huge difference in my trading.

another not so tiny habit i came up with is before i open up ThinkorSwim to look at the market. i reapeat

one of the above affirmations 100 times. that may sound like a lot but it's the key to doing the behavior of cutting losses.

here's a screenshot of my ThinkorSwim.

Three Tiny Steps

Fogg’s research has taught him that human behavior is systematic. Each of our actions and decisions is fueled by three components—motivation, ability and triggers. Our behavior, particularly our habits, comes from an underlying motivation, the ability to complete the particular action and a stimulus that provokes the action.

For example, your morning alarm blares and you immediately turn it off and get out of bed—or you do after a couple rounds of hitting the snooze button. Getting up to start the day is your motivation, locating your alarm clock within arm’s reach creates your ability to fulfill it, and the loud, incessant beeps are the triggers, reminders to your instincts that the next action is to turn off the alarm.

The road to any desired behavior—say, increasing productivity on the weekends, making more sales calls or eating healthier—can be jump-started with three baby steps:

·         Start Small

• “Pick a small step toward your goal—a step so tiny, you’ll think it’s ridiculous,” Fogg says. Because it’s radically easy, you’re more likely to actually complete the behavior, regardless of how much or how little motivation you feel. 

·         Find an Anchor

• Choose an existing routine in your life to act as a trigger for your new behavior. Parking your car, brushing your teeth or taking a shower are all routines that can act as great anchors to trigger a new habit. “Whether you realize it or not, you have all sorts of routines,” Fogg says. “I call these anchors that you can connect to your tiny behavior. The key is to pick which routine is the right trigger for your small, simple behavior.” The blueprint for your new behavior should complete the following sentence: After I (routine), I will (tiny behavior).
• Let’s say you want to be more active. Begin small. For example when the phone rings try doing some exercise while on the phone, walk while you talk or do some squats, perhaps even some kettlebell exercises. Or after going to the bathroom do a set of pushups then immediately wash your hands.  It’s important to note that if you try to start a habit and it hurts, you’re making it too hard. It has to be something that’s not a big deal, where you just think, oh, it’s just two curls with the kettlebells. And after it’s over, be happy that you did it when you had planned to do it.

·         Celebrate Immediately

• In building a habit, it helps to reward yourself in positive ways that are as small as your tiny behaviors themselves—give yourself a thumbs-up, a smile in the mirror, or tell yourself good job! “Notice how often athletes celebrate and when they do it—immediately,” Fogg says. Not only do small celebrations reinforce desired behavior, but they design for what Fogg calls “tiny thrills.” “Our brains are very bad at distinguishing between I did this huge thing and I’m feeling awesome about it and I did this tiny thing and I’m still feeling awesome about it,” Fogg says. “Somehow in our heads we exaggerate, which is a good thing. That’s part of the hack—building success momentum, allowing you to feel successful, allowing that success to be larger than it rationally should be, then growing and leveraging that attitude into bigger things.” 

Learn the differences between market orders, limit orders and stop orders including examples. For more information on placing orders through NinjaTrader, make sure to visit the NinjaTrader Video Library to view introduction clips on submitting orders, modifying order price, and more.

Market Order

The market order is the most frequently used order. It is a good order to use once you have made a decision about opening or closing a position. It can keep the customer from having to chase a market trying to get in or out of a position. The market order is executed at the best possible price obtainable at the time the order reaches the trading pit.

Limit Order

The limit order is an order to buy or sell at a designated price. Limit Orders to buy are placed below the market while limit orders to sell are placed above the market. Since the market may never get high enough or low enough to trigger a limit order, a customer may miss the market if he uses a limit order. (Even though you may see the market touch a limit price several times, this does not guarantee or earn the customer a fill at that price.)

• When buying, if the order price is lower than (below) the current market price, it is a Buy Limit.
  • As an example, with the market trading at 1802.5, Buy 1 Dec E-mini S&P 500 (ES) at 1802.5 on a Limit (or better…fill at 1802.50 or lower). Order can only be filled at the stated price (1802.5) or lower (better).
• When selling, if the order price is higher than (above) the current market price, it is a Sell Limit.
  • As an example, with the market trading at 1809.25, Sell 1 Dec E-mini S&P 500 (ES) at 1809.25 on a Limit (or better…fill at 1809.25 or higher). Can only be filled at the stated price (1809.25) or higher (better).

Stop Order

Stop orders can be used for three purposes:

• to minimize a loss on a long or short position;
• to protect a profit on an existing long or short position; or
• to initiate a new long or short position.

A buy stop order is placed above the market and a sell stop order is placed below the market. Once the stop price is touched, the order is treated like a market order and will be filled at the best possible price.

• When buying, if the order price is higher than (above) the current market price, it is a Buy Stop.
  • As an example, with the market trading at 1790.00, Buy 1 Dec E-mini S&P 500 at 1790.00 Stop. Can only be filled at the Market, after the Market trades (or is "offered") at 1790.00 or higher.
• When selling, if the order price is lower than (below) the current market price, it is a Sell Stop.
  • As an example, with the market trading at 1801.75, Sell 1 Dec E-mini S&P 500 at 1801.75 Stop. Can only be filled at the Market, after the Market trades (or is "bid") at 1801.75 or lower.

Stop Limit Order

A stop limit order lists two prices and is an attempt to gain more control over the price at which your stop is filled. The first part of the order is written like the above stop order. The second part of the order specifies a limit price. This indicates that once your stop is triggered, you do not wish to be filled beyond the limit price. Stop limit orders should usually not be used when trying to exit a position. If a customer does not give a limit price, then the stop price and the limit price are meant to be identical.

Good Until Canceled Order (GTC)

Good Till Canceled (or Open Order). Used in conjunction with a Limit or Stop order. Order will remain valid and worked until client cancels order, or it is filled, or contract expires.

GTC Order Does Not Cancel Automatically!

If an order is not designated Good Till Canceled, it is a Day Order and will expire at the end of the current trading session unless filled or canceled prior to the close.

One Cancels the Other Order (OCO)

One (order) Cancels (the) Other.

• As an example, with the market trading at 1804.50 you want to buy at 1802.25 Limit (lower), or on an upside breakout at 1806.25 Stop (higher), Buy 1 Dec E-mini S&P 500 1802.25 on a Limit, OCO Buy 1 Dec E-mini S&P 500 at 1806.25 Stop.

When one order is executed, the other is automatically canceled. This same process can be used to bracket an entry with a stop and target which are OCO.

   

Part 1: Successful Futures Trading Means Taking Losses In Your Stride

http://www.meta-formula.com/futures-trading.html

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Provided By Ultimate Trading Systems

If you are to be successful at your futures trading endeavors you must be willing to take small losses

No one likes to lose. But losing is a fact of life for those involved in futures trading; they key is to limit your losses and maximize your successes. Losing money in futures trading is not a failure. It isn’t a reflection of you or of your overall judgment. (If it was possible to be right every time, we’d all be rich.)

The only way losing money when futures trading is really a failure is if you aren’t willing to take the loss, without hesitation, and move on to find winning trades. By accepting that they’ve made a loss while futures trading, and getting out of the position, successful traders focus on making money – not on being right all the time.

Many involved in futures trading feel they don’t want to “lose” money on any trade, and they stay in losing positions in the hopes that it will recover to at least the break-even point. There are three problems with this approach:

• The position may never recover to the break-even point.
• Holding on to a losing position ties up capital that could be placed into winning trades.
• Holding on to a losing position is an example of unfocused futures trading and a lack of discipline.

If you are to be successful at your futures trading endeavors you must be willing to take small losses. If you aren’t willing to take small losses, or don’t have the discipline to take small losses, don’t get involved in futures trading.

You must Stay Focused During Rapid Swings to be successful in Futures Trading
Most of us were raised to think that it takes years of hard work in futures trading to acquire wealth. That viewpoint doesn’t apply to futures trading in the markets; you can make thousands of dollars in minutes under the right circumstances.

To be successful in futures trading, you must understand that money can be made or lost extremely quickly, and then stay calm and rational. Why is that attitude important? Let’s say you’ve made several thousand dollars over the course of an hour of futures trading. You’re thrilled and excited, and you may lose your composure and start making irrational trades. You may stay in the position longer than you should, for one of two reasons:

• You think the market will keep going up, and you don’t want to limit your gains.
• The market falls, and you don’t want to give up all the gains you’ve made, so you hold on in hopes your position will rally.

If you accept and understand that huge amounts of money can be made in a short period of time, you are less likely to become undisciplined in your futures trading. Those that are successful in futures trading take their gains in stride, no matter how large. They quickly move to protect their positions by setting stops, or covering a percentage of a short position. To be successful in futures trading you must stay rational and disciplined in the face of rapid gains or losses and understand the nature of futures trading.

IN THE ABSENCE OF CLEARLY DEFINED GOALS, WE BECOME STRANGELY LOYAL TO PERFORMING DAILY TRIVIA, UNTIL WE BECOME ENSLAVED BY IT.
Robert A. HeinLein

I expect to lose a lot of money in my current trade. repeat ad infinitum..............

i'm gonna lose a lot of money in the trade that i just put on. repeat ad infinitum..............