Need somewhere to think out loud,
- Thread starter Turveyd
- Start date
Then gave back 300 trying to pick an NQ bottom and moving SL!! FFS!!!
Then pulled back +$130 just so not a total loss.
Back from awesome day to +$150.
WHEN will I learn, trade the method, only the method and the method only, with tight SL!!
Atleast I self sabotage like a PRO!!!
every time you self sabotage..take a sharp razor and slit your wrist..
just a little bit. enough to bleed out. Sooner or later, you'll learn your life depends on following the rules.
And too much will stop me for good, about the only way.
Its amazing how my simple plan has a 100% success rate when i bet against it lol
Trading plays with your mind, makes you do stupid things, fully aware I'm going to do them and just as i do a big reversal comes to help along.
Still up, but stuck to the plan likely +$1500 area which is ludicrous money.
Scared self too much yesterday, having a demo day while I work out a few issues.
Build method / logic confidence then back nailing it tomorrow!!
Holding Dax short 11732 +20pts here, typical!!
1 issue is not holding long enough then I'm over compensating and holding too long, really need to crack when to hold and when to fold.
Those losers yesterday, all got to +$80 area before turning, which earlier on I'd of banked, then missed a few runs and played all trades like they where going to run.
Profitable vaguely, need profitable HUGELY and consistently.
Out +20pts demo.
Build method / logic confidence then back nailing it tomorrow!!
Holding Dax short 11732 +20pts here, typical!!
1 issue is not holding long enough then I'm over compensating and holding too long, really need to crack when to hold and when to fold.
Those losers yesterday, all got to +$80 area before turning, which earlier on I'd of banked, then missed a few runs and played all trades like they where going to run.
Profitable vaguely, need profitable HUGELY and consistently.
Out +20pts demo.
Demo millionaire as always, too scarey for live account anyway today, huge moves.
Demo is good takes the fear away of actual losses, working on when to join and when a reversal is about to likely happen, but either way to enter with a small SL.
Reduced SL sizes on the code aswell, SL at Envelope 5sma 0.07% Min 3 Max 6 so less carey, auto following to keep costs to a min. ( I was switching off yesterday, need to put EA on laptop in a locked box I think stop that )
Demo is good takes the fear away of actual losses, working on when to join and when a reversal is about to likely happen, but either way to enter with a small SL.
Reduced SL sizes on the code aswell, SL at Envelope 5sma 0.07% Min 3 Max 6 so less carey, auto following to keep costs to a min. ( I was switching off yesterday, need to put EA on laptop in a locked box I think stop that )
Robot? Some time ago you wrote that automation is something like your dayjob, you want to be as far from the dayjob as possible
Seriously, the only way to success is be a robot really, be objective and follow objective rules - manually or via program trading does not matter a lot.The point is: it is good to be intelligent human when you are developing trading plan, it is good to be robot when you are executing the plan.
More points (points, not $) per day you set as the goal, less realistic it is. The much better plan is set the humble goal in points and grow trading size slowely.
The daily goal does not mean stop trading when you get prescribed amount of points. This goal is not related to trading, but to the strategy developement. Less points per trade and points per day is your strategy generating (but keeping the average trade positive) - more chances that you can and will realize this strategy on the real market with real money.
The daily goal does not mean stop trading when you get prescribed amount of points. This goal is not related to trading, but to the strategy developement. Less points per trade and points per day is your strategy generating (but keeping the average trade positive) - more chances that you can and will realize this strategy on the real market with real money.
Robot? Some time ago you wrote that automation is something like your dayjob, you want to be as far from the dayjob as possible
The point is: it is good to be intelligent human when you are developing trading plan, it is good to be robot when you are executing the plan.
Programmer, never in a trading theme professionally mind.
Hence demo robot training lol
I prefer $s keeps it real otherwise i forget its real $s and i make huge losses without caring till i remember it's real and then nearly throw up my dinner lol
You know I'm normally Live went demo to tweak things and too hot yesterday, $10 per pt NQ or DAX want to scale up when i improve a bit.