Need somewhere to think out loud,

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

  1. Turveyd

    Turveyd

    Back to +155 but doing it the hard way for sure, but trusting the range with trend, odd i can play the stupid side.

    So up, but accident waiting to happen.
     
    #2271     Apr 11, 2016
  2. Turveyd

    Turveyd

    No more trades yet or expected today!

    More faith in method required, market moves up to upper 9's range, I expect it to continue, 90% of the time it reverses there and gets back on the 24's direction.

    Had the day planned, to just trade, but no, had to run kids around, wait around, bla bla bla thankfully Ipad saved the day, but still 90mins total tops, wanted 6hours :(

    Quicker on the exit, when trend turns against me, could of been out +40 hesitated, cost me a lot :(
     
    #2272     Apr 11, 2016
  3. Handle123

    Handle123

    When price hits Cyan colored lines, you can take a breakout of lowest lows to upside for few ticks or sell under highest lows.
     
    #2273     Apr 11, 2016
  4. Handle123

    Handle123

    Counter-trend you have to be quicker to go to breakeven but they often will give my 50% more than trend trades.
     
    #2274     Apr 11, 2016
  5. Turveyd

    Turveyd

    Counter Trend, it drops to 10% bounce and 90% continue, so not if counter trend.
     
    #2275     Apr 11, 2016
  6. Turveyd

    Turveyd

    Screwed that 1 up, distracted and stupid, had finger on the exit button so many times.

    3Pts lower after I killed it and it turned, for a $100 profit :(

    Totally missed the 40pt trend down this evening, cooking food :(

    Or US30's 70pts :(
     
    #2276     Apr 11, 2016
  7. Turveyd

    Turveyd

    Kinda SLOW as today, 1 trade +$55 9725 long pause in uptrend, thanks.

    Wish I'd of taken the 1 before for 25 pts :(
     
    #2277     Apr 12, 2016
  8. Turveyd

    Turveyd

    Nooo, next pull back goes wild :( and missed it!!

    Method is GREAT, it's simple, just got to get trading it more and using more setups :)

    And missed 2 other pull backs, then an easy to spot trend change.

    After sitting here bored for 2hours, then get tasked and miss the good stuff.

    FML as the kids say!
     
    #2278     Apr 12, 2016
  9. Handle123

    Handle123

    Nature of the beast, some markets you make just few ticks when scalping as they often ties only really for long term trading, but wait long enough you rewarded with nice amount. Purple is entering on BB, Cyan are retracement type breakout trades, yellow are reversals with increase volume. To me day trading is about seldom losing and adding size. Who cares if I am just making 2-3 ticks each trade as it adds up.
     
    #2279     Apr 12, 2016
  10. Turveyd

    Turveyd

    5-20pts ( more is nice, if it runs ) is about what I'm getting via DAX, I'll add $1 per pt soon ( 2 positions so +$720 needed per $1 upgrade ), more helps compensate for trades that go errm wrong mind.

    Steps will get smaller, as I'm trading with more, 25% here, then 20% and so on before upgrade.

    Get to $100 per position, then I only need 50pts per month to live much better than I do, today LOL


    Sadly, got busy 2 trades +$75 on the day, looking at the charts depressed, +$1000 easy :(

    Work tomorrow :( getting annoyed want to get on with trading, but no, sucks!
     
    #2280     Apr 12, 2016