Need somewhere to think out loud,

Discussion in 'Journals' started by Turveyd, Jul 29, 2014.

  1. Turveyd

    Turveyd

    Just made a costly school boy error shorting near the 100, starts to go my way mate walks in, setup the close all screen forgetting that this device is setup as 1 click, positions all close and noooooo +$70 minutes later +$600 area, yes I was going hard.


    Annoyed big time lol

    Must put android to the same as Apple device lol
     
    #221     Sep 2, 2014
  2. Turveyd

    Turveyd

    I need a people less world Dax was setting up for a short mate face booked me about there just died mate and totally missed it arrrgghhhh.


    Method is working great but I need a people less life.
     
    #222     Sep 2, 2014
  3. Mo06

    Mo06

    Focus.
     
    #223     Sep 2, 2014
  4. Turveyd

    Turveyd

    Impossible sadly
     
    #224     Sep 2, 2014
  5. Mo06

    Mo06

    Well I reckon if you are short term trading something as volatile as the Dax, you need 100% focus, and it might be worth restricting your trading to a short period, perhaps the first hour, since very few people can maintain very high levels of focus for longer periods.

    I make a habit of getting out for a walk at some point in the trading day, normally between 1300 & 1430 London time, really helps I find.

    also worth analysing your trades by entry period, you may find certain periods of the day are poor in terms of P&L. There's a very simple way to remedy this - stop trading during those periods. Simple but very effective in my experience.

    Good luck.
     
    #225     Sep 2, 2014
  6. Turveyd

    Turveyd

    First hour or 2 is the best and no 1 around to bug me need to start along up earlier I guess :(

    Still up $230 area but distractions cost me around $1000 today, hitting exit by mistake cost me $500 area.

    Need to switch phones and message apps off, don't normally get this level of constant distractions and calls though, bad day, need to get moving.

    Thanks

    90 min drive home thanks to a diversion for a 10min job, normally takes an hour :(
     
    #226     Sep 2, 2014
  7. Turveyd

    Turveyd

    NICE DAY!!!! New Method, is SIMPLE AS SIMPLE and OFF the WALL STRONG!!!

    100ema is the KEY to everything, it's even bouncing off the 100ema on the way up as we speak into the close LOL

    Shame on the cock up and other issues, 1K+ easy today :(


    I can spot, slow up moves which won't reverse pretty well aswell these days, finally so the 1 loser with the X I might not of taken :)
     
    #227     Sep 2, 2014
  8. Turveyd

    Turveyd

    A few of above where traded with tight SL's I'll add.

    76% win rate, both @4pips average profit or loss, profit side should be averaging 20 area real soon!
     
    #228     Sep 2, 2014
  9. Mo06

    Mo06

    Dax should be active this morning;

    "Reuters: Vladimir Putin's spokesman reportedly says Russian President has largely agreed way out of #Ukraine crisis with Ukrainian President"
     
    #229     Sep 3, 2014
  10. Turveyd

    Turveyd


    I switched on, uptrend missed my entry long, and cease fire news hit huge run up, totally missed it, its going to be to random after that, stuck till it calms down.

    Interesting how Russia backed down, cant do it sneakily cant risk the politics of doing it openly.
     
    #230     Sep 3, 2014