Need somewhere to think out loud,
- Thread starter Turveyd
- Start date
Cant get a break, traded chop lost 50, error.
Traded down and it turned up, had a be exit, didnt take -70.
Long 66, no arse this is the start of a down move, out -20.
Tracked down 5, then turned against fast, getting to +10.
Then typically 5 uptrend, works great for 15pts.
Make that 20..
At 83, coming off highs, long if uptrend holds, 5 directoon changed broke down, range failed.
Sma to 6, range to 0.04, heike ashi looks identical, sure itll turn red and green mid bar though.
Secret is jumping on early first trend change
Traded down and it turned up, had a be exit, didnt take -70.
Long 66, no arse this is the start of a down move, out -20.
Tracked down 5, then turned against fast, getting to +10.
Then typically 5 uptrend, works great for 15pts.
Make that 20..
At 83, coming off highs, long if uptrend holds, 5 directoon changed broke down, range failed.
Sma to 6, range to 0.04, heike ashi looks identical, sure itll turn red and green mid bar though.
Secret is jumping on early first trend change
Its about timing turns, then holding to the next turn in these market conditions i will add.
I can join mid flow, but if its slowing down, odds are it will change direction.
Pulled back 40 short at 66.
6 is reading as up, long this soon after sell off would be stupid.
Tad lower, back to 6 down trend.
Turning back up, looking forvplace to jump on up swing.
I can join mid flow, but if its slowing down, odds are it will change direction.
Pulled back 40 short at 66.
6 is reading as up, long this soon after sell off would be stupid.
Tad lower, back to 6 down trend.
Turning back up, looking forvplace to jump on up swing.
Jumped on that saw +60 expected more, sge turned out -25 sucks.
Entry was fine, it just didnt have much in that move
Turned down, went 10 area, do me.
So grow a pair, get in sooner near the 6sma, early on, dont wait for it to drop to low envelope, odds are direction will change, which is what im seeing today
Entry was fine, it just didnt have much in that move
Turned down, went 10 area, do me.
So grow a pair, get in sooner near the 6sma, early on, dont wait for it to drop to low envelope, odds are direction will change, which is what im seeing today
I am often reminded that trading is like jumping from high platform into 12 inches of water, very little room for error or you are brain dead. You have to hit that water as close to flat as possible to stop the body from hitting the bottom and injuring oneself. Am sure any kind of angle that is beyond a variance that more weight is hitting will become broken bones or worse, every jump is possible to be his last jump. Now, take trading, although people might spend summers or years working extra jobs to accumulate enough for trading account, I somehow think it is easy money to come by. It has taken me years of just living life to experience that perhaps being male, we often take path of least resistance and often it is not right path, LOL I end up redoing it sometimes fifteen times before saying to myself, ok I will do it the right way. The right way hurts me mentally cause it is often boring, has little imagination and takes little more time to do it right. At some point in my life, I have slid into boring takes much less time, end result should continue lifetime. I often wonder if being in 3rd quarter of life I am only realizing I have less time on Earth and should do things right way at the start, then there is less fixing, and Baby, in trading that means extra losses if not done right first time. One will have losses no matter what even when done right, but often times most have two extra losses a day and accounts drain off.
I still think torture be best way of not taking a trade unless you a very sure of what you doing. If you mis-managed a trade, perhaps having to do this will stop one from next time.
Have a profitable trading day all.
I still think torture be best way of not taking a trade unless you a very sure of what you doing. If you mis-managed a trade, perhaps having to do this will stop one from next time.
Have a profitable trading day all.
I am often reminded that trading is like jumping from high platform into 12 inches of water, very little room for error or you are brain dead. You have to hit that water as close to flat as possible to stop the body from hitting the bottom and injuring oneself. Am sure any kind of angle that is beyond a variance that more weight is hitting will become broken bones or worse, every jump is possible to be his last jump. Now, take trading, although people might spend summers or years working extra jobs to accumulate enough for trading account, I somehow think it is easy money to come by. It has taken me years of just living life to experience that perhaps being male, we often take path of least resistance and often it is not right path, LOL I end up redoing it sometimes fifteen times before saying to myself, ok I will do it the right way. The right way hurts me mentally cause it is often boring, has little imagination and takes little more time to do it right. At some point in my life, I have slid into boring takes much less time, end result should continue lifetime. I often wonder if being in 3rd quarter of life I am only realizing I have less time on Earth and should do things right way at the start, then there is less fixing, and Baby, in trading that means extra losses if not done right first time. One will have losses no matter what even when done right, but often times most have two extra losses a day and accounts drain off.
I still think torture be best way of not taking a trade unless you a very sure of what you doing. If you mis-managed a trade, perhaps having to do this will stop one from next time.
Getting that wrong, would truely suck, even with the matt under it!!
Always looks easy after the event, but at the time, finding a repeatable entry/edge that is over all profitable is a total bitch.
method is looking good, tight SL mainly, so risking 6 ish and less with a good chance of some 30-40pt moves, which makes risking 6 worth while.
Need to form, more inteligence behind the entry, method only gets me so far.
Likely looking at a 40win/60lose rate aswell.
Few trades, went 30-40 IF I'd of gotten just 1 of them, I'd be up $300 area here, 2 of them and sitting pretty
Kids
Have a profitable trading day all.
