Need somewhere to think out loud,

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

  1. Turveyd

    Turveyd

    25 more :)
     
    #2331     Apr 19, 2016
  2. Turveyd

    Turveyd

    $10 on that 1, kinda hinky, 9's turned down, watch it break up LOL

    yeah yeah yeah, higher, news in 23mins and I'm getting stressed and nervous about the trades.

    ......... some time later!!

    took a DAX Long, moved to small profit, turned down, didn't exit, still in, -140 here, been -200+

    Yes I "thought" it would turn up LOL
     
    #2332     Apr 19, 2016
  3. Turveyd

    Turveyd

    Method tweak, slight don't worry.

    9sma based, slowed to 11sma, smoother MA, less wibble improves confidence.

    Reduced ranges, from 0.04 and 0.08 to 0.03 and 0.06 fits nicer today if nothing else.

    Higher Low here, avg 10362 LOL quick 100pt move up pls!!!
     
    #2333     Apr 19, 2016
  4. Turveyd

    Turveyd

    Yep, I'm defo a work in progress, method works but I'm cocking it up.

    11sma is smoother, currently 11sma Downtrend, why I'm holding a Long I dunno stupid I guess.

    Bounced off the going down 0.03 top line perfectly, typical, turn up you pain in the butt.

    I'd of taken that, if not for sticking food in microwave :(
     
    #2334     Apr 19, 2016
  5. Handle123

    Handle123

    I fell asleep right after triple top, am glad the platform takes over after that, heard order filled and order hit targets, LOL Missed all the trades till Double bottom, Oh well, sleeps comes first. When you tired, you are tired, I don't normally sleep much at all, so when it comes...Lots of really nice setups today, easy day.
     
    #2335     Apr 19, 2016
  6. Turveyd

    Turveyd

    Safety Margin call level hit as it broke down, should of flipped it!!

    Back to $4 positions


    Damage -$250 on that 1 :(

    -$86 on the day, so not enough to care about, no real sweat!! :)

    Still in learning phase sadly, got to knock these stupid trades out of me literally!!

    You don't hold against the trend, you don't hope, when will I learn this, I had a -$60 exit aswell, but "expected" it to uptrend and it turned back down :(

    ANNOYED!!
     
    #2336     Apr 19, 2016
  7. Turveyd

    Turveyd

    Wish I had a platform, which took over, flipped my long short then sat back and chilled LOL

    Easy day, got emotional, turned a small error into a huge loser!

    Take a few hours off, maybe try to get it back later last 2 hours of US trading.
     
    #2337     Apr 19, 2016
  8. Handle123

    Handle123

    When I do wrong, I trade too heavy to make errors that get large so I get out.
     
    #2338     Apr 19, 2016
  9. Turveyd

    Turveyd

    Only -$80, not like the olden days when I'd lose 50% of the account, so it's getting errrm better maybe LOL

    Trading, Tired, Stressed and stupid, I literally put, should walk away, stressed, then I traded then I blew $250 or what ever it was.

    I need to improve at loss control, get too don't want to losey, so when I'm long and in the red, and get a setup which says short, I should swap sides, but some fail 10% area so I stupidly hold and give back the gain from lower low :( I knew this so all fine!!
     
    #2339     Apr 19, 2016
  10. Turveyd

    Turveyd

    here is the chart for todays SCREW up!!

    P1 first Long.
    P2 second Long.

    3. Downtrend in place, should of took quick profit.

    P2. Shorting after I should of realised, I'm counter trend, and just BAILED simple as that, lost $50 moved on, no issues! It's Downtrend, it's making new Low's, just bail, I was hoping for a BE blip up I guess, which never came, they don't come, learn this EXIT!

    4. Nice Double Bottom. Near Margin got lucky there well could of.

    5. I held, could of lost $60 ish there, If I'd of bought at 4 I'd of exited there no issues, should do the same, while Negative. Expected 12 trend to power up sadly didn't get lucky!

    6. Got distracted, think I was in the mindset to flip sides, put food in microwave came back and going against me fast, Bang too late!

    X Doomed -$249 OUCCHH!!

    Don't look at the profit or loss is the secret, just do the right thing, always, the right thing might be wrong, but most of the time the right thing will be the right thing, it's that doubt it might be wrong, which keeps me from doing it.

    Need to hire my own pyscatrist for doing mental trading adjustments LOL ( Billions Reference for those that watch it )
     
    #2340     Apr 19, 2016