Need somewhere to think out loud,

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

  1. Turveyd

    Turveyd

    Lack of processor speed is the issue currently, my own brain is just too damn slow.

    By the time I look at everything, come up with what to do, it's too late my trades already gone, with some hesitation ofcourse. It feels like only a few seconds behind, Make plan, finger doesn't get to screen in time, price is 10 higher and too late!

    Guess this is why I should stick to slower market conditions.

    Adding back in a BB 20, 2.3Dev aswell, it's easier to see sideways market range, stops my TREND jump on, no it's chop reflex.

    Day Trading, 10 years in, still hardest thing I've ever attempted to Master, I have my moments thankfully, if not for them I'm be losing big time still LOL
     
    #1971     Nov 10, 2015
  2. Turveyd

    Turveyd

    Trade, SL hit in 9seconds LOL a new record, played DAX short short just, got Trend UP, then the trades I actually take fail.

    SL to 16, 1/2 Lot size, going back to 2 positions when required, see if that will reduce the pain threshold slightly!!

    Tight SL = Death by a 1000nd damn cuts :(
     
    #1972     Nov 10, 2015
  3. Turveyd

    Turveyd

    Swear, I'm having a break down again, but hey got to power through it, stopping = stuck in a loop of sucking for ever ever, can't count on runners pulling my ass out of the fire eventually for ever!!

    So, think clearly, what is DAX telling me!!

    Currently uptrending off the 10790 area, should of joined long @10817.

    But Momo is slowing, could play longs off the lower channel.

    Long 10817 just, playing what I think I guess, target back to upper channel

    Okay that was Quick, me likey, shame on 1/2 sized :( +$50 :(

    Right do it again !!

    Look at the bigger picture ( might just of gotten lucky, yeah that's remotely possible LOL )
     
    #1973     Nov 10, 2015
  4. Turveyd

    Turveyd

    Did continue uptrend, but hey!

    Back to 20sma on it's own, 2nd BB range, forcing me to be to chop focused :(

    Trend is up, so far so good, stopped myself calling and shorting a top which will last 8 seconds.

    Right 1 or 2 positions, LOGIC :-

    1 position, make more, need a tighter SL, last trade playing range, single would of been better.

    2 position, make loss, looser SL, better for joining a trend on a pull back, incase of a 2nd pull back for better price lower down.


    Long 10831 just!!

    If I distract myself I trade better :)

    so takes too long to change setup, SL and Lot size wise, so pick 1 fool!!

    2 position feels less stressful, not as important to be 100% right, I did well at that and when chop ranges break I can bail early and reduce my loss, same loss left to run to SL ofcourse.

    Momo turning down, dratttss!!
     
    #1974     Nov 10, 2015
  5. Turveyd

    Turveyd

    Mome slowing to the downside, 2nd position 10823

    nice pop up here, 10840 target!!
     
    #1975     Nov 10, 2015
  6. Turveyd

    Turveyd

    hesitated and missed exit at 37 still in, hoping for test of upper BB 37 come on!!
     
    #1976     Nov 10, 2015
  7. Turveyd

    Turveyd

    Nice out 44, got a lucky Spike my way for once, about damn time to :)

    1 position, that would of been a loss, 2position that was a nice.

    +$65 and +$105 that's +$170 Nice enough :)
     
    #1977     Nov 10, 2015
  8. Turveyd

    Turveyd

    Lomg 10830 1/2 sized ofcourse, playing for some chop, might move lower, 10820 prev low 2nd position near possible.

    Give it room to Chop and for Noise not to create losers fool!!
     
    #1978     Nov 10, 2015
  9. Turveyd

    Turveyd

    nice base 825 to bounce off, put in maybe, tried to get in low of that area for 2nd but missed it!!

    up we go :)

    Missed sell, too damn fast, still in, out 40 +$50, just chop no point holding for more.

    I'm getting there, shame no 2nd position, would of been work +$65 area.

    Why I'm not shorting the top side, I fear uptrend break I think, run ups are fast then hitting sellers ofcourse.

    80% win rate today :)
     
    #1979     Nov 10, 2015
  10. Turveyd

    Turveyd

    Like I said, upside potential, perfect reversal off Low BB @830 area, missed it sadly :(

    Going to need more evidence this is a trend, before I join it.

    Or head about to explode, might consider this mission accomplished and go for a walk.

    Okay keep everything as is, it's fine and works, next issue no mental breakdown :)

    BB's rock!!
     
    #1980     Nov 10, 2015