Although this might get refined, only set ut up to try it at work after all, this looks good. An hour or 2, not got time to waste trying to make something work, live being the tricky part, trust, SL placement, and back to damn good R:R. Still up $250 this week but its not enough, busy week though. Although I will get a min fixed income next month for support, as next week I only have support work, so I'm pretty much full time as of next week, hence my working the problem hard. Don't want to risk account this week, very tired. Kids, mental issues on mine, step kids major issues with the ex, need a holiday, long weekend will have to do.
Its looking good, hopefully chart attached, the move down just on the chart was, well momo's strong pulled it slowly into lower range so down move expected and it did it perfectly. Clean and clear cut, market is doing X join it. Role on next week after SLEEP, going to be pretty much full time finally, 13months after i signed this deal expecting zero work, so we shall see.
Crap arse buggering damnation, I just lost 2 trades for a total of $200 into the close. Missed the down move, got on short spike took me out and sl slipped -100. Okay turned up into the close, pull back, long ohh turned down, didnt want to lose, itll turn again, loosened sl and 100 gone. First position would of made 150 pretty easily. Dax rarely spikes to knock out SLs thats annoying BE on the week again and full time pretty much due to no work scheduled next month, I'm boned. I've got 2 weeks to get good at method, i have tomorrow to finalize, then I'm locking it down seriously. Then 6weeks to take out $1000 to boost wages each month, easy he says laughingly. Moving to 7sma based, missed a trend entry earlier, perfect place but 9ema turned up to quick was off putting. If this doesnt work, then next logical step is NAKED give up totally on methods lol
Still evolving or devolving, setup suited yesterdays conditions, but not todays, needs to work in ALL conditions, or I don't get paid. Going faster and faster and more scalpy in short. Current thinking and testing envelopes 4sma 0.3 and 0.06, using a 9sma as direction. Looks good but yeah don't they all briefly Tired, annoyed, running out of time and money and hair lol
Couldnt find anything that worked live down that avenue, reloaded 'go with the flow' thats been working well last hour. Seriously looking like that with 7sma settings are the way to go.
How about a 1 sma? Any time I have tough week and I am up a little bit on Friday, I am done, have to be profitable for the week. I care more about the stats than the profits cause I know f I do watch the stats, that is money. You seem to care about missing trends, I don't. I am a Scalper and I aim to get consistent small moves, made Goal of $500 per and did 10 lots when enough volume and ave down, when you get losing percentages very low, then you can average down. You are and I concentrate so much differently as a Great day for me is not having more than 1 losing trade and often times the Time Stop expires and I reverse into opposite trade for those small losses. I target $100-$150 approx. and if I don't get in some trade, no biggy. I use same system, never change parameters usually in years unless it is a new system and then have to back test crap out of it to be able to change it. You do everything based on the fly of one day, I don't think I have ever seen you trade same parameters more than one day.. And we all have problems outside of our trading lives, all of us. I traded from hospital today, my 2nd home.
Go with the flow it is, working great. User errors recently, i need the balls to go, right broken out of range mode, just join and ride it up. If the 7 breaks good odds on trend change, if the next envelope breaks great odds on a reversal, next 1 defo almost on reversal. Hours later... ( forgot to send ) Looking great, hoing back to 2 positions, just go with the flow man.
Hospital ecckssss. I went back to flow method, some have lasted a week maybe even 3 or 4, only 1 trade -35 area. I want to risk 10 and regularly nail those 30+++++ moves, 100pt move quick $1000 a day and millionaire becomes plausible in a few years. Your already wealthy, I'm poor big time and fed up of it. Zero work scheduled for next month, 1 small thing to finish and some mod's and thats it. Focus on trading, all being well
Well down week, -$30 so no big deal, needs to be +$500 area though, I've been +$300 area at times. SL too tight, struggling to risk $120 on a trade, so back to 2 half sized positions, falls straight through atleast only risking $60. As said method had to be decided by today, know the mastering it is the next task. Sometimes, market is going somewhere, just get on it. SLEEP required, testing and stats and rules Sunday. Looking sweet if i cant profit off this I really got to give up lol