Need somewhere to think out loud,

algofy said:
Random rules, random results. When you get a random set of winning trades, it's "I've finally cracked it , I'll be rich soon" when you get a random set of losing trades, it's "my system needs tweaked, here are the new settings"
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Yes an No its quite as simple as that, it's more of a mental block issue which stops me from trading any method effectively, which is why varied methods to push myself into trading well.

Tight choppy markets I do well in regardless of method, as it suites my hope and wait for profit issue, trend markets first loser = pain.


Aware of this, solved it all before, stayed profitable for a year, fell off wagon finding it hard to get back on wagon.

Don't get time, all week had maybe 1 hour in total free to trade, little 2 minute windows here and there, currently too tired to care.

I'm doing well today, got back yesterdays, but will confidence and ability to join short term momo still be there next week ? Find out monday i guess.
 
Another $100 :) jumped on momo down, up blip, momo down continued held for 100 easy :)0


Keep doing this and cut my losers quickly and I'm Rich pretty quickly.

But next week I'll see the move up, expect direction change and rather than handle that possibility with a SL, I wont take the trade, I will likely wait for pull back and trade for momo reverse as I'm too wired for market will change on me.

To keep doing this next week, only with clear direction is the mission.

I generally get pretty good by Friday, make back my losses, then go back to sucking by Monday, so sadly hopes wont be got up yet.


Trading 99% confidence.
 
Turveyd said:
Yes an No its quite as simple as that, it's more of a mental block issue which stops me from trading any method effectively, which is why varied methods to push myself into trading well.

Tight choppy markets I do well in regardless of method, as it suites my hope and wait for profit issue, trend markets first loser = pain.


Aware of this, solved it all before, stayed profitable for a year, fell off wagon finding it hard to get back on wagon.

Don't get time, all week had maybe 1 hour in total free to trade, little 2 minute windows here and there, currently too tired to care.

I'm doing well today, got back yesterdays, but will confidence and ability to join short term momo still be there next week ? Find out monday i guess.
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You're a programmer right? Ever think about automating?
 
algofy said:
You're a programmer right? Ever think about automating?
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Tried, 10years back plus, but nah computers can't think, trading needs thinking and an element of educated guess work, which they also can't do, so I'm not really a believer in anything other than HF cheating ofcourse.

Not got the money, for HF, internet speed bla bla bla so no chance.
 
Positive week, only about $150 but progress and pulled as out of fire nicely today after yesterdays mess.

Wait for clear direction, trust direction, enter with, exit when the direction fails, yes if I'd of held longer easy $250 on that 1 trade.

Got to stop thinking :)
 
1 more day, can I keep the confidence to jump on momo and ride it ? Will that even work on Monday? Will I murder the 19 year old spaz? Will I get caught and go to prison.

Find out in the next thrilling instalment of my sucky life!
 
Not murdered her yet, hopefully enough she'll go running back to her mom and give me a break, find out soon :)

Right, confidence building sim trade!

10th october 15:30 I guess.

9< 15< Short 10616, Turning out -4
9> 15> L 18 X 25 +7 saw 31. then next run 40

That's enough, trust, keep thy loss small, let it run and hey presto, order the Ferrari :)
 
Its still working nicelybstill, basic and simple, just like mec:)

No trades, not been awake long.


Mission regain confidence to not over think it and screw it up.
 
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