Need somewhere to think out loud,

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

  1. Turveyd

    Turveyd

    See, Small Stops, this is what I call the screaming and crying, after every damn good run, where everything works great, there is always a period of screaming and crying LOL

    Ie when I start trading like a TWAT, taking to many risks :(

    Shorted DAX, doh! why ?? loss -15pts that's an OUCHY!!!

    Especially as I should of not thought the trend and made +15 easy to the up side!!

    -17 here on the day, -$170

    Top BB was still heading up, screaming, hey look at where the market could go, stupid stupid trade!!
     
    #2051     Dec 30, 2015
  2. Turveyd

    Turveyd

    DAX long 10738 just!! Lower BB screaming uptrend, we shall see !!!
     
    #2052     Dec 30, 2015
  3. Turveyd

    Turveyd

    Out SLd 29 -9!!!

    STOP and walk away fool, trading emotionally, trying to get your losses back.

    It's playing, thee I took your money, know your -15 would be worth +20 game, to annoy me and it's working.

    7 BB lower, calling base, long 10722!!

    Trying too hard is the issue here :(

    Out 18 -4 worth a vague shot I thought, WRONG!!
     
    #2053     Dec 30, 2015
  4. Turveyd

    Turveyd

    YES, tried the 10700 bounce +18, didn't give me long to get out of that 1.

    Still -3pts can live with that for sure!!

    Method, simplifying.........

    Reducing to 1 BB, 10 2.0 setting.

    96 long
     
    #2054     Dec 30, 2015
  5. Turveyd

    Turveyd

    18 out +22 just like that :)

    +19pts or +$190 here, DEFO time to walk the feck away!! :)
     
    #2055     Dec 30, 2015
  6. Turveyd

    Turveyd

    No accounting error +$100, 10pts, good job I pulled 40 out of my ass :)
     
    #2056     Dec 30, 2015
  7. Turveyd

    Turveyd

    So before I forget my entire day, what did I learn from my shitty trades, cause there won't always be 20pt bounces for me to get it back on :)

    1. 2 BB's becomes to subjective hence moving to 1 inbetween.
    2. I still need a longer term trend, using 30sma. Slow Trends!
    3. Patience is KEY!!! but not always, tricky balance.
    4. Need to work on my fast trend entries, near the 10sma when it's going somewhere!

    Getting there slowly getting better as always, but yes slowly, role on better market conditions.
     
    #2057     Dec 30, 2015
  8. Turveyd

    Turveyd

    Damn I hate xmas, my personal account is bare as.

    Milkshake Diet and cycling to work for the month for me :(

    More trading aswell! And better!
     
    #2058     Dec 30, 2015
  9. Turveyd

    Turveyd

    Right lets try to finally, lock a method down before 2016 hell starts!!

    8 BB 2.0 looks good enough, the range is useable, respected well and creates a LOT of trades.

    24EMA for general trend, a High and Low, if direction is down, join short in this area using the 8BB and looks highly profitable.

    Got to stick to a tight SL method, the open ended 15SL I took earlier was just stupid stupid trade. Gamble on a 50 or a 00 holding is generally bad cause they'll hit the SL's right where it did before reversing :(

    Getting, there, better market condtions, ie trends and should be making enough to get 1's self out of the shite!!
     
    #2059     Dec 30, 2015
  10. Turveyd

    Turveyd

    Flat, Play the Range 8 SL looks good.

    Trend judged by the 24ema, range with direction only.

    Same plan as what's been working for a few weeks, just got to not get greedy and stick to the damn plan!!
     
    #2060     Dec 30, 2015