Need somewhere to think out loud,
- Thread starter Turveyd
- Start date
Nope cancel above, I've got ZERO chance this week and little chance next weekLIFE!!
Would 80's music help you? You started the thread 3 years ago...Super A+ for keeping it up man.
Nope, 80's music never helps anything ever ever ever ever.
I was nearing the end of my profitable run, that was 3 years ago, thought 2, that's depressed me
3 years of barely trading but ever decreasing account pretty much, damn Lack of time is the issue, I get into it, get good, then zero trades for 2months due to work then start over before I generally get good I get busy then screwed.
Nearly back on it, with a new funky simpler plan.
Setup at this moment is a very easy.
42sma
BB 42sma 1.0
BB 42sma 2.0
Normal rules, trade the range / trend, SL outside of the 42 2.0 BB.
Got to reduce position size, 20% first position then 10% and another, then 2 different position trades at once maybe, so 80% of account committed.
More longer term aswell, GU calling short @1.2930 area, down to 1.2920 okay only 10 looked huge LOL but with 4 pts of SL.
Nearly time to start playing again, this scales to different TF's nicely is I so choose to.
It'll do, good enough to turn profits I think, so screw it, time to just play the math.
Setup at this moment is a very easy.
42sma
BB 42sma 1.0
BB 42sma 2.0
Normal rules, trade the range / trend, SL outside of the 42 2.0 BB.
Got to reduce position size, 20% first position then 10% and another, then 2 different position trades at once maybe, so 80% of account committed.
More longer term aswell, GU calling short @1.2930 area, down to 1.2920 okay only 10 looked huge LOL but with 4 pts of SL.
Nearly time to start playing again, this scales to different TF's nicely is I so choose to.
It'll do, good enough to turn profits I think, so screw it, time to just play the math.
Sim test new system
GPBJPY first, 23rd Aug 8:20am start GO!!
9am GMT Downtrend Short 140.23 20% out +30 base forming
Got bored, going through quick already Sim doesn't work for me at all ever, but this looks STRONG as!!
Must start using my toys Ipad / Samsung 7" toy and becoming a full time, while I'm working / playing trader only way for the short term, method simple enough found
GPBJPY first, 23rd Aug 8:20am start GO!!
9am GMT Downtrend Short 140.23 20% out +30 base forming
Got bored, going through quick already Sim doesn't work for me at all ever, but this looks STRONG as!!
Must start using my toys Ipad / Samsung 7" toy and becoming a full time, while I'm working / playing trader only way for the short term, method simple enough found
Tried 2 methods the 42bb 1 and 2 and a 15bb 2 at the same time, just end up getting confused, both work great, but think the 42's method ie slower is where it's at.
Watching Live, gaining confidence, trading hopefully soon.
Need to adjust to a trade on the go from when I wake, till I go to sleep maybe beyond style.
Need to work out MM side but needs to be flexible, I could be playing a sideways range BB with a tight SL, hoping for a turn opposite way for 10x's the profit as SL, or jumping on an existing trend, adding some more later but SL could be 20pts first position.
I like the idea of 20% in first, then 2 x 10%'s, ahhh my Margins have gone stupid doubled so single position, 40% and 2x20%'s it is then so $4 per pt then $2 then $2.
Intraday Swing Style, ie how I used to trade profitably with Stocks years back
Watching Live, gaining confidence, trading hopefully soon.
Need to adjust to a trade on the go from when I wake, till I go to sleep maybe beyond style.
Need to work out MM side but needs to be flexible, I could be playing a sideways range BB with a tight SL, hoping for a turn opposite way for 10x's the profit as SL, or jumping on an existing trend, adding some more later but SL could be 20pts first position.
I like the idea of 20% in first, then 2 x 10%'s, ahhh my Margins have gone stupid doubled so single position, 40% and 2x20%'s it is then
so $4 per pt then $2 then $2.Intraday Swing Style, ie how I used to trade profitably with Stocks years back