Need somewhere to think out loud,
- Thread starter Turveyd
- Start date
Plan is week on holiday, trade a bit over there cause I can mainly sitting in airports waiting for planes, but hey, then bone down on trading, knock all this extra work I've been doing on the head cause it's killing me and look to phase out the business before the end of the year.
Time to do it, shattered!!
Time to do it, shattered!!
Method change, surprise surprise.
6sma
Envelope 6sma 0.05%
Envelope 12sma 0,10%
More about the 6s enter with direction, near mid or low if up, half near mid, full near envelope, break out for or against is going to go on a mission, so hold for big profits, or exit quickly.
The 12 although okay for ranged markets, i dont plan to trade via it...
Ie 12 direction up, 6 down like just i won’t short top of range like just.
Since starting this I got trapped on the long side and held counter trend all the way down, -1400 at worse, bailed -360 tad early but hey scared, i was +153 first trade aswell.
-207 on the day, i need to stop holding counter trend, use the above rules, it just gets too much money lost to quick, fries the brain, not wanting to lose kicks in to, until i get over this I’m destined to fail, week on a beach to reflect on this.
Could of lost my account easily just, or with a brain doubled it.
Damn it i suck!
6sma
Envelope 6sma 0.05%
Envelope 12sma 0,10%
More about the 6s enter with direction, near mid or low if up, half near mid, full near envelope, break out for or against is going to go on a mission, so hold for big profits, or exit quickly.
The 12 although okay for ranged markets, i dont plan to trade via it...
Ie 12 direction up, 6 down like just i won’t short top of range like just.
Since starting this I got trapped on the long side and held counter trend all the way down, -1400 at worse, bailed -360 tad early but hey scared, i was +153 first trade aswell.
-207 on the day, i need to stop holding counter trend, use the above rules, it just gets too much money lost to quick, fries the brain, not wanting to lose kicks in to, until i get over this I’m destined to fail, week on a beach to reflect on this.
Could of lost my account easily just, or with a brain doubled it.
Damn it i suck!
Tweak env 6 0.06% and 9 0.09%. Faster less loss before realisation.
Easier to remember numbers.
Any trade that 6/9 turns against me is killed asap, mid 6 if possible, or on 9 failing, no more hoping for a cheaper loss exit, thats what gets me in the shit lol
Low 6 trade took double out +180 nice.
180 to go
Wussed a 2nd long as 6 turning down slightly just ran 20pts so far, damn it.
Easier to remember numbers.
Any trade that 6/9 turns against me is killed asap, mid 6 if possible, or on 9 failing, no more hoping for a cheaper loss exit, thats what gets me in the shit lol
Low 6 trade took double out +180 nice.
180 to go
Wussed a 2nd long as 6 turning down slightly just ran 20pts so far, damn it.
Death throws for sure here!!
After a lot of coming and going, the best over all, multiple market condition sets for DAX is....
Envelope 18sma 0.12%
Envelope 9sma 0.09%
Range and then if range fails exit and flip break out mode.
Holiday week in the sun Looks at forecaste, week in the bar!!
After a lot of coming and going, the best over all, multiple market condition sets for DAX is....
Envelope 18sma 0.12%
Envelope 9sma 0.09%
Range and then if range fails exit and flip break out mode.
Holiday week in the sun
Looks at forecaste, week in the bar!!NEED to start taking this seriously!!!
Single position 10 SL immediately after opening, no averaging myself out of the crap and when I get a break out actually holding for more than 10pts.
Setups are pretty sweet, market is crazy which isn't helping, but got to knock big losses on the head, then I can up the Lot's safely and move forward.
Plan for my weeks holiday, to relax and think about this issue, weather so shite, might day trade from the holiday all week, arseee!!
Single position 10 SL immediately after opening, no averaging myself out of the crap and when I get a break out actually holding for more than 10pts.
Setups are pretty sweet, market is crazy which isn't helping, but got to knock big losses on the head, then I can up the Lot's safely and move forward.
Plan for my weeks holiday, to relax and think about this issue, weather so shite, might day trade from the holiday all week, arseee!!
Hopefully final setup.
Just Envelope 8sma 0.03 and 0.08.
Dax and YM follow each other well, so got both charts up, 1 turns take the setup with dax only, kinda plan.
Getting head around time to take this seriously, single position, quick at loss exit, holding for range or if trend good sign trends ended, so could be 1 hour hold.
On holiday, weather shite, better tomorrow bet i dont see 1 bikini babe in the beach, let alone topless or nudes
Just Envelope 8sma 0.03 and 0.08.
Dax and YM follow each other well, so got both charts up, 1 turns take the setup with dax only, kinda plan.
Getting head around time to take this seriously, single position, quick at loss exit, holding for range or if trend good sign trends ended, so could be 1 hour hold.
On holiday, weather shite, better tomorrow bet i dont see 1 bikini babe in the beach, let alone topless or nudes
Trade, lomg, turned against out -62 blipped upto BE but cant worry about missing that and risking a bigger loss, had trend turned down.
Shorted near upper 0.03 made it back.
Got to crack getting stuck in and killing too early.
Crack these 2 stupid things and retire on 5xs the money i make and have a good life and toys and hookers, think about the hookers, stay on track fool.
Shorted near upper 0.03 made it back.
Got to crack getting stuck in and killing too early.
Crack these 2 stupid things and retire on 5xs the money i make and have a good life and toys and hookers, think about the hookers, stay on track fool.