Need somewhere to think out loud,

Trials and Tribulations!!!

DAX is becoming useless in the PM, so watching USTEC100, Nasdaq I guess, started trading +$20 already.

US30 is the baby, but too risky moved 50pts like just, great right side, HELL wrong side, need a 20SL!!

Good news +$300 area today, so some SL hit room LOL

Total ERASE ALL and start again plan again tonight, if I'm not happy, then I'm not happy, keep over complicating it which is BAD!!

So Range trade, STOP don't bother, give up, move on!! too vague, to hard to control risk on, never a good profit from them.

So start accepting, losses suck, but they happen, my trying to never lose is holding me back.

Method...........

8sma
Envelope 8sma 0.04%

Plan, KISS BABY MAX!!! Join direction of the 8sma, SL outside of the range ( 6pts Dax, 5 NQ, 12 US30 )

Stay out of wibble, try to get in early on a direction turn and don't worry about SL hitting, SL is small, upside is huge.

I keep looking and thinking I should just trade that and KISS, guess it's time to master that instead.

Too many, If's and Butts on BB system, not objective enough for me to use with a tight SL.

+378 on the week, SLOW week!!
 
I want to get RICH so Manning, up trading US30, Live trade Just.

Took the spike up short, on weakness and no willingness to power through, tight SL ( 8 ) and hey presto +$115, I can do that literally all day long :)

It turned down again, could of taken another short and that 1 is on 30pts already.

KISS BABY YEAH!!!!
 

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Dax 26th ( slow day ) 9am GMT Start, Logic simple, wait for 8 strength, get as good to low envelope as I think I can, SL and exit on it failing and varying on the strength either scalp out other side or hold and hold and hold until I can retire on 4 trades like those US 30 trades.

Short 11334 - SL 11441 out 24 +10 double bottom holding.

Double Bottom means, up move likely from Support.

Long 11326 SL 21 - scalp out 32 +6 went to 45, just not that scalp

8 turning up, Long 11333 SL 27 - double top 42 exit +15

Turning down, yep broke down, short 11335 - sl 41 , turning run exit BE good call!!

Shame I missed the up entry, maybe live ?? worth 25

Waiting for turn down, turned short 49 - exit 30 +19

Short again 35, double bottom holding out 30 +5

* chart moved, saw 10mins into future, no way I'd be expecting more down, so skip.

Down move coninuted, 33 - 15 so far, nice!! * no trade cheat!

Turned up Long 23 SL 16, missed high pull back, ran up out 26 +3 flip

Short 26, call it BE turned up, weak holding for a bit. bad move 24 - 54 10mins LOL

Short 11326 - SL 32 - exit 20 DB +6


Okay, that's NICE with a capital NICE, easy, predictable, objective, no confusion, just requires a level of trust I've not had until recently to execute it and also a risk aversion to not require 100% win method to avoid my issue, which I think is solved :)
 
1 very obvious trade earlier quick $200 in 4 mins :)

Heads all blocked and floaty at work, seen more setups but wussing it, likely best with my head, back on it next week hard is the olan.

+680 this week, only 1 loser capped by sl at -110, looking promising.

Solution is so simple, simple is hard to trust, why always over complicating it and screwing it up.

There will literally be no more revisions to the method, the job of teaching the brain to accept simple and trade it is done, finally, not been about the method, its been about fixing myself.

What sports car us the next major issue lol

And will ICMarkets when i try to withdraw 10k per month pay up or not, the next worry.
 
Slight tweak, todays market conditions, ie low momo chop need a Envelope 8sma, anything outside of this method vague as it is in just not trading.
 
Nearly 48 time to retire from IT work become full ish time trader.

BIG boss at work, retiring.

Work Mate Nathan totally missed this, had cancer and died this week saw him 2 months ago, just before he found out, funeral today, thought wind up at first. Eckkks my age!


Screw it!
 
Testing F12 style as per always, why is my PC so slow and lagging when I type, arggghhh!!

1st Oct 9am, PC too slow, too tired night off!!
 
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