Need somewhere to think out loud,

Update, finally settled on a simple method.

10sma, EMA 10sma 0.02% and 0.04%
EMA 4 0.01%

Just go with the direction, smaller position sizes to make it less scarey, repeat repeat, still average in upto 3 positions, account up 40% area this year :)

No SL's, low losers, it's relatively easy/boring when you get into the swing of it.

Some big losers, but some big winners balance that out.

More Time required, still close to giving up work, smaller positions mean bigger account required, but consistent and getting there, better than fast and painful.

Fun Fun Fun!!
 
Turveyd! Glad to see you back! Happy to see your trading has improved and wishing you the best going on (no matter how many times you "tweak" your method lol)
 
jo0477 said:
Turveyd! Glad to see you back! Happy to see your trading has improved and wishing you the best going on (no matter how many times you "tweak" your method lol)
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Got to settle, as pseudo automating, girlie i know, teaching her to trade big time OCD so much more interest than my lazy CD, 2hrs in and looking like she a natural.

Week on demo account coming up, live supervised already cause I'm nuts lol
 
Wrong method sorry, this is the final method, BAD WEEK!!!!

10sma
MAE 10SMA 0.03%
MAE 16SMA 0.06%

LOGIC being, trade the 10's direction / range, when the 16 is going to the same way, if the 10 range fails, play the 16's range, ie another position near the 16 with direction, exiting on the 16 breaking.

Fall back position, no tight multi SL hits killing you slowly, perfect.

Started teaching this to neighbour, hope being a blank stranger will follow the plan and not over think it like I do frequently, got to try and she's got no job or money coming in, so my only chance to bail her out!!
 
Method looking IDEAL, friend just setup demo account been trading USDJPY kinda slow, but getting the general idea, trying to keep it BASIC, over thinking causes worry which is the mind killer.

Hopefully, she'll trade well and inspire me to trade at all, start making some proper $$$'s :)
 
Turveyd said:
Method looking IDEAL, friend just setup demo account been trading USDJPY kinda slow, but getting the general idea, trying to keep it BASIC, over thinking causes worry which is the mind killer.

Hopefully, she'll trade well and inspire me to trade at all, start making some proper $$$'s :)
More...
Is she hot?
 
Girlie is trading, well, had to take a stupid counter trend trade ( much ribbing ) to see how she'd react to a trade going against her, kills it without any hope or hesitation, nice!!
 
Method, kicking butt, sadly missed all of the strong markets it would of made huge $$$'s I stopped, just before it all went crazy and left it damn it :(
 
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