Need somewhere to think out loud,

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

  1. Turveyd

    Turveyd

    I might SADLY have to stop trading the DAX, it's great, don't get me wrong, but can't micromanage it enough with a SL ( Min 6, I get emotional by 6 LOL ), and 200:1 margin makes it too tempting to try to average myself out of a loss, which never works.

    That and when DAX gets a direction, it never seems to stop and doesn't give any nice entries / exits on it's travel.

    FX has 100:1 margin, stops me getting in as much trouble.

    Last trade, shorted DAX at 10754, then 58, SL hit 67, high ASK so far on the day yep 67 my SL, then back to 50 for a sweet profit LOL
     
    #1191     Feb 11, 2015
  2. Turveyd

    Turveyd

    Nice trade on EJ long 135.689 - 135.904 :) +$171 that's better.

    Another $77 on a EU short :)


    Reduced DAX to $1 per pt, I can afford to average myself out at that, don't plan to trade it :( Miss you DAX :(

    More movement live on FX pairs, gives a better feel for what's coming so far.
     
    #1192     Feb 11, 2015
  3. Turveyd

    Turveyd

    :) +$110 on GA , FX is definately suiting me better :)

    Choppier, trends and clusters I enter with, work better aswell!!
     
    #1193     Feb 11, 2015
  4. Turveyd

    Turveyd

    EJ -$50 sucks :(

    Then EJ +$114
     
    #1194     Feb 11, 2015
  5. Turveyd

    Turveyd

    Reset my spreadsheet chart, as DAX is gone, lets see how my account does :)

    Need to increase my lot sizes so I'm using 55% of margin, to limit me to 1 position at a time I think :) kinda keep it at that level with the accounts growth I guess to!

    Just pulled in +$422 in no real time, with FX :)

    So maybe my issue is yes you guessed it, the DAX it's to efficent at taking my $$'s, damn germans LOL
     
    #1195     Feb 11, 2015
  6. Turveyd

    Turveyd

    Quick +$63 joining the EJ 6 thingy as I'm supposed to do :)

    All lot sizes increased to limit to single position possible only, more bang for my buck to!!

    FX has noise, it gives me entries with the trend, DAX was more of a I'm going UP okay know I'm going down.
     
    #1196     Feb 11, 2015
  7. Turveyd

    Turveyd

    That'll dampen my spirits, stupid trade GA showed strength, kinda against trend out -$103 in 17 seconds, didn't have time to tighten SL or exit :(, SL set to 7 not 11 for my next screw up!!

    But still :)
     
    #1197     Feb 11, 2015
  8. Turveyd

    Turveyd

    EJ is setting up for a huge sell back I think, everything else is already so it's got a good shot.

    short already at 136.163

    Trying not to take a short term profit here, but I'm weak as weak!!
     
    #1198     Feb 11, 2015
  9. Turveyd

    Turveyd

    6 and 11 are down, sitting on the 36ema which has been the uptrend bouncer all day, newer lows :)

    TIMBER :)

    I can still trade, kinda maybe 1 day per month LOL

    136.00 is ofcourse kinda key to take out, if it doesn't get below that, then it won't get below that, pretty smart :)
     
    #1199     Feb 11, 2015
  10. Turveyd

    Turveyd

    I'm out, 136.00 holding, look to reenter short higher

    +$107 :)

    Could of had $150 area but hey, EU's reversing aswell so yeah.

    Reversed perfectly off top of the 6 and it's going to break the 136 :(
     
    #1200     Feb 11, 2015