Need somewhere to think out loud,
- Thread starter Turveyd
- Start date
A neccisity sadly.
Dodged the big move down, took tiny profit as had to feed kids.
Up some cash, its not hard work or stressy, just take guess, wait, take profit 90% of the time.
Profits could be better, losses will need work to keep in control.
Also trading with underlying strength would increase profit pontential flat as today.
Too summarise my method for my own piece of mind, I'm basically other than a tad bit of range and a tad bit of Momo I'm accepting it's pretty much random, I'm just going to get in on this basis with a 2nd ( maybe 3rd ) position in the waiting, wait for it to get to a profit or the 42 based trend / range to reverse on me, then look to bail.
A lot of my trades with be the 10sma based Envelope 0.05% scalps, play the range, take 5-10pts and reverse maybe, they'll add up quickly.
Removing the need to be 100% Right, within X pts is the key here, removes all the stress, I'm back to playing a maths game with the probability being in my favour.
Remove the Stress and Fear of being WRONG then I can play the game and hey presto, Porsche please
A lot of my trades with be the 10sma based Envelope 0.05% scalps, play the range, take 5-10pts and reverse maybe, they'll add up quickly.
Removing the need to be 100% Right, within X pts is the key here, removes all the stress, I'm back to playing a maths game with the probability being in my favour.
Remove the Stress and Fear of being WRONG then I can play the game and hey presto, Porsche please
Yea, I think Matchbox Cars makes a Porsche- maybe a key too, it be real tiny though, grin. Kids will love them. I my case, I never had thoughts of new cars or big houses, I felt lost in them, I like 100 year old cars and modest home.
Wouldn't be new 1 it would be a 10+ year old 1, not a 911 too common.
My car I've had 2 years, done 40,000 miles on total cost £600 buying and work done lol live frugal/tight work less, have more fun
was up
dax is down
she not there anymore , ran off with other bloke
keep your hands in your pocket , just do it
dax is down
she not there anymore , ran off with other bloke
keep your hands in your pocket , just do it
I have always found Fridays more frustrating that other four day, a way of the market to give me fun for the weekend. It is not so much the market making chart patterns I have never seen before, just more intermittent chop. Another reason for me to stay with do many many Break-even plus one tick trades, with occasional losses waiting for trends to get on board for long type trades in Dax and Bund. You sometimes have to take several or dozen of one tick wonders, am just bidding my time to get onto worthwhile trending move. If I found a way to only take the best of signals, I'd be doing it, but my way is just doing the same things day after day.
Really really, never saw trading anything but a hobby that pays good money but I have always relied on income elsewhere, maybe that stress that most develop from losing hurt them. Losing was frustrating as I was use to always over coming, just took much longer than I thought. If has always been internal b.s. to overcome.
Really really, never saw trading anything but a hobby that pays good money but I have always relied on income elsewhere, maybe that stress that most develop from losing hurt them. Losing was frustrating as I was use to always over coming, just took much longer than I thought. If has always been internal b.s. to overcome.
I was working, not paying full attention, missed a BE exit i should of took.
So zero pretty much on the week,busy next then will likely trade by the pool week after
Internal BS is the issue, search for method compatible with internal BS continues lol