Need somewhere to think out loud,

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

  1. Turveyd

    Turveyd

    Got time to trade, failing to engage!!

    Come on FOCUS fool and get back in the game.
     
    #1451     Mar 12, 2015
  2. Turveyd

    Turveyd

    Noooooooooooo GA short, it barely moved up against me and hit SL -$80, be +$130 area here, like NO time after!!

    Need to reduce trading stresses here for a bit / ever maybe.

    1. Reduce Lot size to 1/2.
    2. Increase SL size. +50% think 15 pts/pips.
    3. Put 2nd position ( only have margin for 2nd it's okay ), back on the table.

    Doesn't mean I won't bail before the SL, or that I will or won't double up, just puts options back on the table.

    Came into some money ( about time ), Cash flow extended to end of May, looks like I'm going to need it.

    But trade #1 always loses!!

    Bank, Cake, back on trading!!

    Spread must of jumped to 3.2 briefly to hit then, high ask 34.1, SL 34.5, closed 34.5, FUCKERS, FXCM just fucked me, played the SL's close enough I'll take that game :(

    Might of happened a few times, thinking about it, SL hits I didn't think they would of, put it down to widening spread, definately got to open my SL up :(
     
    #1452     Mar 12, 2015
  3. Turveyd

    Turveyd

    Trade #2 EJ long, uptrend, consolidating here, 1/2 sizes as per new plan, larger SL, not that this 1 has much wiggle room before I kill it, not a candidate to double up on.

    Annoying GA short under 1.9400 plan, would be +20 here.

    EJ needs to cross over the 10sma in relatively short order before it becomes a downtrend wave.
     
    #1453     Mar 12, 2015
  4. Turveyd

    Turveyd

    Stalling out +$52 ( ohhh for full size, 1/2 helps less scarey )

    Pull back to re enter I guess, GA major sell off, EJ going tad higher!!
     
    #1454     Mar 12, 2015
  5. Turveyd

    Turveyd

    DAX short 11795 ( leant on the screen doh! ) 2nd position 11801, going my way, back to low's would be nice.

    Looser and 2 positions upto 50:1 margin not going crazy upto 200:1 margin is less stress full so far, don't need the ACCURACY!

    2months to get to Wage, easy he says!!
     
    #1455     Mar 12, 2015
  6. Turveyd

    Turveyd

    Spoke too soon, maybe, hmmm, might be a downward spike in a uptrend I should of joined long, or not, I guess part of the can't predict shite needs looser SL and 2nd position to allow for more scope / control.

    No issues so far, direction unsure though! hmmmm!!
     
    #1456     Mar 12, 2015
  7. Turveyd

    Turveyd

    Out at 86 +$42, 85 +$79 = +$121

    +$93 on the day! :)
     
    #1457     Mar 12, 2015
  8. Turveyd

    Turveyd

    Blanking my Excel data and chart as plans changed quite a bit, just focus on this plans performance.

    Looser SL should increase the win rate nicely.

    But 1/2 sized positions if only 1 position in, will also reduce the profit value for a relatively higher SL value.

    Never Easy! Onward!!
     
    #1458     Mar 12, 2015
  9. Turveyd

    Turveyd

    GJ Long 180.522, 1/2 in ofcourse, downside MoMo is slowing, good chance she'll turn up, might retest low's / low of 10 range.

    Same setup on EJ ran huge earlier, 10pips will do.
     
    #1459     Mar 12, 2015
  10. Turveyd

    Turveyd

    Out +$43, hoped to jump into GA long, didn't have time to get in just :(

    Not worth a lot, but GA is worth less, just got to get used to it.

    +$137 getting it back, Stress seems LOW, able to trade method without worrying at all.

    Can't see any other issues on the horizon to solve currently ( FINALLY )

    Lets practice / trade, get to end of next week, go away for a week, sun and boobs then come back, not tired and trade the hell out of it :)
     
    #1460     Mar 12, 2015