Why does it look different on my Tablet or Phone, it's like NO chance, get back to PC and nice up move there, could of joined!! Chop is my prefered method of trading, but it's not working, problem being, when chop turns to trend, I think it's just more chop and therefore move the SL, double down and eccks that's a big loss, then let it run in the HOPE that it'll come back. So the mission if I choose to accept it, is to train myself to jump on short term momo, ride it hard, or not depending on the case. I could see, the entries, there the 1's which look like it's going to fail, fast up = it'll reverse, slow up = it'll keep going up, fast scares me I miss / pass on them, slow I like so I take the setup and yes get ass kicked. Work in Progress still
It changed last night ofcourse, doubt this will stick either but its covering all bases andvits super clean and easy and both look valid. Envelope 5sma 0.03 open Envelope 13 0.05 Its not a lot different, adds a bit of range, unclutters the middle, try to get the brain cell working and thinking more, rather mindlessly taking stupid setups.
Nice method, slow as hell but looks better for yesterday to, stops yesterday looking like a random mess. No trades being lazy but got all day.
Nice easy today, with a cool I'm not trading head, too hot too tired why ruin the weekend. -20 on the week and -33 for EJ comms, so -53 on the week. -400 on the month i see 95 trades, 55% win rate mind.
Yeah it's all about slowing it down, waiting for the market to come to me and tell me what it's doing, then taking the chance it's still going to be doing it ofcourse. It's when the GREED kicks in, I CAN MAKE SO MUCH, OMG it's going down, short, damn it SLAP!! Will reflect on and sort out, by 2057 easy!!
Many ask me why not just get out at true breakeven instead of getting out at plus one tick, can you add up if you made one more tick on losing trades? Would you be up on the week? Don't know how often I can say this, changing indicators, it is you unable to read charts cause you change them so much, your eyes have gotten real good at finding trades with bigger loses as that is what you have trained yourself to do. We know you never back test well enough, you just wasting time and money. Learn to trade the price under the indicators, that comes first, know when not to take trades. Write on chart exactly why you got into trade and must have very good reasons-explain it to the reader as you are teaching how to trade your method. You be surprised how much you can learn by teaching others. Have a good weekend.
Don't worry, it's a process and I think it's nearing the end of said process, narrowing down what I need to stick to and what I need to really not even try to trade, ie fast markets. I've been profitable before and nicely, I shall get there again hopefully this time it'll stick. -$400 on a month, that's fine, okay 20% of my income but few trades soon have that back. Back testing off closed candles doesn't work for me, haven't got any fancy tick simulation access sadly. Tired and Stressed, weekend off, 132Mile road bike ride tomorrow, endurance thing that'll sort out the stress Have a good weekend to dude!
No trades yet, knackered, but on switching tablet on, no 4 hours to get into instant, ohh thats working, progress for sure. Breakfast, coffee, then make some money!
I wish it was 13.2miles, sady 135.4miles I was dead ( Got LOST, went the wrong way LOL ), got picked up 3miles from the meet up place, that was Saturday and still DEAD and barely able to walk today. Don't ride, Wednesday night and Thursday night in the forest then attempt to do stupid 2 days after, my legs on the first climb where already burnt, by the end walking up even sight hills, still averaged 13mph somehow. I have canceled my interest in doing a 190mile next month, think I'll stick to the 120miles area till next year. 2019 plan on doing a 750miler none stop pretty much in France!