Need somewhere to think out loud,

+$140 today, 1 small loser, over all the trade was profitable mind, multiple positions.

Could of MADE MUCH MUCH MUCH more, still getting head back into the game, method and logic is damn near perfect, just need more time and focus and if I don't lose the plot I should be rich by this time next year for serious :)

Not losing the plot is ofcourse the tricky part!!
 
2 trades +$100 area I think, can't easily see these days, no reports I can find :(

Becoming too countertrend, not trusting the trend, so reversing big moves only, need to trust the flow, but aware of this very tired so hopefully back on it tomorrow.

1 trade went to +400 not 5mins after I quit it for +90 damn it, must improve on that to!!

Still +35% or $716 started trading last Thursday so under a week, that's pretty smokey!! may be back to -% by end of tomorrow ofcourse!!
 
Cant effectively take losers = gives wayyyy too back when i dont get a profitable exit :(

Hope and fear I will exit at loss for no reason.

Short dax $30 pp, 11910 avg - 500 here.


Simplifying method i think, purely 8sma based envelopes, less putting myself at risk range plays.
 
Out that was stupid, 8sma calls direction better than me, held to -1400 area at worst, closed early but just happy at -650 area.

Current new method, simpler.....


Envelope 8sma 0.03 and 0.08, play the range only with direction, if there is direction, KISS¡
 
8Envelope logic for trend likely change and where I should call it a DAY!!!!

This is the 1 major thing holding me back from living my dream life, thought the last thing would be easier :(

Market uptrend, if market goes below the Envelope 8sma 0.08% then Fail Safely and quickly, also if the 8's turned on you, don't wait for the new 8's position to bail and flip sides, use the high point of the 8's as the exit point, not 10pts lower as it slips slowly against you,.

Remember, this, and damn well use it fool!!
 
Trade +$220, nice quick score :)

Method tweaking, 11 envelope 0.04 and 0.09 looks better!!

Still need to hold longer, tricky after being at risk for 10mins waiting for a pop my way.

I'm exiting at the place where I take my first position, should wait for where I take 2nd position via my average, but the 1st position is taken as good odds it's get back on trend via there which had turned down, 2nd position obvs better odds on on turning, why I have 2.

No solution, take what I can get and be happy :)
 
Another 100 :) should of taken 200 then 100 then another 100 its too damn fast, hesitate and good price missed.

Yesterdays mistake made up for, method improved, all going well.
 
You must log in or register to reply here.
Back
Top