Need somewhere to think out loud,

Fantasy Excel Math's time..............

If I can take out 50pts per day in total, then keeping same size contract to account value ie growing it, I'll have end of May approx $30,000.

Just 50pts consistently per day!!

Okay, only made 22pts today, but had 1 trade cost me 53, should of cost me 12 tops. :(

Small gains, increased size, add up nicely in time is the moral to this story, therefore continue.

15 positions, 3 losers, 80% profit rate, not to shabby for a monday :)
 
24's back, but it's small and dotted so I don't over focus on it.

Back testing todays action, the method is awesome, I left SOOOO many pts on the table, so huge room for improvement.

Lets hope for less screw ups and more $$$'s tomorrow :)
 
Stat's on the current and hopefully final method, 11th April last Monday.

Total profit $413 ( not to bad )
Total Trades 38
Total Profit 31 82%
Total Losers 7 18%
Avg Profit $26.80
Avg Loss $59.70
Avg Value $10.90

I'm trading at $4.45 per position.

Profit Rate TICK!!
Avg Profit, LOW! needs work! ( not trading at good strong times )
Avg Loss! High needs work. ( too many run away trades )
 
Quick 50 early start for me, going higher but hey who knew.


Focus, stay with the trend and all will be fine, if in doubt exit dont wait and see.


11pts, 39 more to go, for my 50pt rich in 6 weeks plan.

I can trade $5.50 pos 1 then $4.40 pos 2 here, so doing so.

5/5 soon.
 
Another 60 on that pull back, us30 weak already risking holding longer.

First trade went over 100pts.

28pts left for target, not that i stop there, its 50 average.

Plan is trade so well negative days are a thing of the past pretty much.
 
Got greedy screwed it up again, same old shit.

Got greedy shorted a top on dax, got to 50 profit wanted more ran like crazy just after, cost me -255. Should of hit close, so close to, it moved away, i waited bang too late SL 15s emergency hit :(

Then tried for a pull back, reversed at 9sma like crazy -107 :(. This 100% revenge trade stupid stupid.

Then took long, markets not stopping, dug in for a while to 10333 went higher :( but +195


So up +$45 on the day again lol. Try more later.

I'm learning fast to trade method, too hold longer.

Magical thinking is the issue ( billionaires show about trading, cost him 1 Bil ) :-

I think the market has topped so i short it.
I think its gone up to far and wont continue so dont take the trade.

Need to stop thinking and just trade the method.
 
Quick 30 range play.


Did some looking back, 2 years, when i ran tiny account $600 to just over 10k, then plot lost and down FAST blowing confidence and.......

Very similar, chop then direction based using envelopes, tad slower 13 based.

200:1 back then 50:1 these days, although huge work required I'm much better at scalping, trend trading and generally just wiser lol

Few weeks and i reckon I will be getting 100pts profit area per day, about 445 at this level, increasing quickly to stupid money :)
 
Quick 60 tad counter trend so to early, another 60 already here.

Dax long just cant lose, serious upward momo there.

+140 on the day, yes :)
 
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