Pinkmans' technical analysis journal

[smallStops]

Quote from pinkman:

I'm not going back to cooking! I'm OUT of that game.

LOL

well done for your positive day.

 

[pinkman]

Quote from smallStops:

LOL

well done for your positive day.

positive? I'm taking a beating, lol.

Anyway, statement update coming soon when i'm done for the day

 

[smallStops]

sorry, I just read the last line! LOL.

 

[pinkman]

A winning trade at last, but it's too little, to late, to save me from another losing day.

 

[pinkman]

Day 4:

 

[pinkman]

cable traDe

 

[pinkman]

Day 5:

 

[pinkman]

WEEK 1 RECAP:

Feels like I was always on the wrong side of the market, but week 1 actually shows a small profit of +643 (less 261 in commissions)

 

[Stocks4life]

with a proven tested price action trading system you should be well above 50% , I see many days < 40% right, you may have to go back and re thing your trading system

 

[pinkman]

Quote from Stocks4life:

with a proven tested price action trading system you should be well above 50% , I see many days < 40% right, you may have to go back and re thing your trading system

A few months ago, I was winning on about 65% of my trades for a good few months in a row.
I think every chart based method just goes through patches of working and not working. I don't think there's a magical TA pattern that always gives profits.

Hopefully i'll lo better next week.