Need somewhere to think out loud,

Worked out how to do SL's on MT4 PC version, just put 2000 into the level, hit copy, then submit, then tweak on screen graphically, not to bad, easy on a demo account and don't care :)

Android and Ipad to master next!!

Yes, 20SL or less on at all times, well out side of the Range area most likely!!

Getting Professional ME!!
 
Ipad, forces maths in my head and typing and can't move the SL graphically, useless :(

Android same, not as nice.

This up move just demo cost me, only fake trades to test SL setup, SL would of gotten me out about 10pts faster than I could of, so needs definately must.
 
Going to stop watching and judging DAX's direction from US30 aswell, most of my decision initially yesterday was based on US30 not tanking and the belief that they'll align, created an opinion and which created a bigger loss than I was prepared to take and a potential account blower.
 
If not for that 1 random demo trade, based on US30 breaking down I'd be up 800 bucks demo today.


Take away the fear and the pressure and I'm awesome, put the stress on to make a wage and I SUCK!!!
 
Demo is too easy, real life -$500, Demo same setup and money pretty much and +$1200 LOL

Few demo days, build confidence, get used to setting SL's on nasty MT4 ( bring back TradeInterceptor and even the FXCM app that was better )

Wonders if MT5's app is better than MT4's, didn't seem to have 1 click trading which is an issue for me, as I'll open the panel, then wait and miss it LOL
 
Need a proper, stressed ie MUST make a kinda wage Demo day, thinking Tuesday before I go back to live account.

Putting pressure on me to make $$$'s and not lose, cripples me, so try to duplicate in demo to improve.

So So So So So Close!!! few little things to improve and hey presto, license to print money, come on, don't lose the plot!!
 
Method change, that Envelope 16sma 0.12% has a tendancy to make me hold for a bounce and too much of a loss, by the time I get there.

So Envelope 9sma 0.06% and 9sma and a right envelope 18sma 0.01% for direction.

Currently going to TRY to focus on an exact setup!! See Pics!!

Basically only when 9 and 18 are heading the same direction, with some momo behind it, then use the 9's range, with a tight SL outside of the range to get some continuation from the momo.

R:R works out great, win rate 80%+.

Time to stop messing around and start taking this seriously!!
 

Attachments

  • Exact 1.jpg
    Exact 1.jpg
    145.1 KB · Views: 4
  • Exact 2.jpg
    Exact 2.jpg
    168.3 KB · Views: 4
It also doesn't have wiggle room for a 2nd position and it's a clear and early / cheap exit plan, so less likely to get locked in and emotional and hold to Margin call death!!

Demo this Wednesday, back trading thursday from work / friday from home.

MT4 PC, when used to, really easy, just set 20SL then move to target quick and easy, tablets, remembering and typing numbers, sucks as eyes poor hard to see numbers :(
 
US30 looks great via the setup, moved 100pts in the last literal 10mins, JUST NUTS!!! Wrong side of that hell, too risky, Dax will do 25pts since last low.
 
You must log in or register to reply here.
Back
Top