Need somewhere to think out loud,

Better do a Test, GOLD 20th Aug 9am GMT

Short 1935 ish, SL 37 , out 28 +7 nice

Trading over the 7H expect turn long 1931 - SL 28.5, exit 34 +3

Join 16 up, long 1933 SL 31, dipped held perfectly, exit +5 nice.

1934.5 worked for +2

Turning down, no entry yet, short 1934 +5 nice

Sideways chop time, turn and burn.

broke down short 1929, held too long -1 went +5

nice continuation, turn up too fast to call

Pulled back, didn't hit SL if long taken so far, went +12 sweet.

Turn down ?? short 1939, +4

turn up too quick, SL

Cluster in Up long 1943 +4

Join long, fail -2

Turn down short 1941, +11

WTF +55 pts with that logic and wasn't cheating and wasn't using best price using expected price performance, ie shit.

Think today, was my last bit of fun, hammered it out of me, time to take it seriously, Gold and Russel $1 per point, max 2 positions then ramp up quickly using more of the account.


Hopefully back on track, next week or 2.
 
Demo trading till 1:30am nearly, it'll work 100% sure of it, the weak link will be myself, need to trade the system not stand infront of it and get squished.

Been watching that AI vs Fighter Pilot video, the turns and curves look much like a chart pattern, got to start thinking like a fighter pilot.
 
Demo trades going well, really nice, slow method, sold!

Might go small or might wait till next week, climbing \ biking long weekend to get ready for.
 
Method is perfect, I am not allowed to change it.

Plan J reapeared, need to get myself sorted out asap, although likely get scared and vanish for 3months again lol
 
Weekend off and back to taking what I think are the right trades, but nothing but losers, good job I've trading Live but Min amounts.

All the times, the trend held or it chopped in my favour today, I'm only taking the trades where is doesn't, which is impressive, they look safe, so I take, which is the trap.

Not I'm holding too long aswell, everything, straight to SL don't pass go.
 
Method FAIL, couldn't really see any live trades and obviously what looked like a trade was the 100% opposite.

Went back to when I was doing okay recently.

6lwma range H and L +/- 0.02%
12lwma range H and L +/- 0.04%

Wait for direction, 6 and 12 to form / line up, get in near ( down ) near upper 6, 2nd position near upper 12, tight SL outside of the 12, don't bother to trade chop.

Back in profit +$1 area here.

Practice, Practice!! Try to not lose the damn PLOT again!!
 
okay this works, this is what I got quite good at for a while, +4K from it, so guess that's back maybe to stay.

Getting annoying.

Plan J was back on, not heard from her in 8 days, reading but not answering texts, too bloody nuts, back to Plan A just for fun mind, relationships, why do I bother even trying, all too crazy and baggage ridden at my age!!
 
Slowed above down, 8Lwma +/- 0.03% and 16 +/-0.06

Just got to get back into, the small losses, taking chances and bigger profits, no trades yet.
 
2 for 2 profits that is, small as trading at $1 and Russell not a big mover, just getting the hang of the rules.

Rules being.....

What is the direction ?? 16 up and 8 up.

Take a long near 8 low or 16 low or both and SL out if 16 low broken.

Don't over think it, don't try to guess direction or guess a direction bias, just play the setups, repeat, repeat, repeat and if it doesn't match up, don't be greedy and just wait for a line up.

The Greedy part is what kills me!!
 
1 loser, Gold hit a limit order and straight to SL then a profit.

Lesson I need to learn is, take the method / setups and don't 2nd guess and then trade against said method.

Might take me 10years if I'm lucky!!!
 
You must log in or register to reply here.
Back
Top