Need somewhere to think out loud,

32 positions only 1 slightly negative which was just comms pushing it over.

I'm either doing something very right or very wrong find out soon.

Shame I retired for a bit, wanted EJ long worked and UJ uptrend my entry would of worked to, like hugely!!

4mins from news, DO NOTHING today fool!!
 
Trading in the after news directions hold much stronger, but damn that's fast and scarey, huge amounts can be made and lost playing fast, tempted to 1 day soon play news on small positions to improve my fast game, but not yet, lets get slow game down first.
 
Interesting Avg last 7 trade profit values, started around $45 per position, dropped to $20, ran upto $62, got scared avg dropep back to $20 area, and is increasing nicely at $55 and climbing.

Fast Markets are KEY, less chop, more direction, 30pt move on UJ that's both positions that about +$700 at the moment.

When I start to get trades making $500 plus on this lot size, then it's time to start looking at a Porchse :)
 
Screwed another trade up, ej broke down recovered to BE exactly stalled there for 5mins, then tanker even lower.

My ability to take a loss and give up defo needs work.

-260 here, ej long 122.68, BE on the day would do me at this stage.

Turning up, 10 to go no chance lol

BE on day offered waited for more, fail
 
Turveyd said:
Yep gave back 300 today, - 460 on that trade ouch, for to work on that aspect and soon.

No biggy, very out back next week :)
More...
You called you were expecting something bad to happen. I know how that goes, once your mind goes there it becomes reality quite often.
 
algofy said:
You called you were expecting something bad to happen. I know how that goes, once your mind goes there it becomes reality quite often.
More...

Not wanting to lose kicks in, it get twice to BE maybe +$20, finger was on the button to take it, but never there long enough, I've been getting lucky recently they've been coming back to profit and letting me out slightly up when I've got a bad 1.

Flipping short, would of made me and holding as long it went lower $500+!

Trading, Tired and Stupid = DEATH every time.

Especially as I saw an entry, got distracted and missed a $600 run not long before, I was just playing EJ's range for a scalp like $50 and out, but sadly it went against me immediately LOL
 
Tweaked Method slightly, 14sma and MEA 14sma, speed up to 11SMA's.

Tracks better and better quicker break out indication, it called it, I ignored it.

Back to doing, what I was doing, getting better at doing it, so all is fine, just need to get head out of the HOPE and into the, this isn't going my way EXIT, Flip sides, don't mind risking $100 or every $200 but -$500 ouch!!

Must work tomorrow, take a break from trading, so back Monday, MUST NOT TRADE TONIGHT LOL
 
More of a change, the 6 stuff is gone.

Running off....

11SMA
MAE 11sma 0.02%
MAE 11sma 0.04%

Keep is Simple, join the direction, bail when the range fails pretty damn quickly, hold as long as possible when the direction is for you.

Wasn't really using the 6 most of the time anyway.
 
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