Guess this means, i cant just move to Spain no issues at all Not trading today, need a 50pt sl to just day trade its that fasty and crazy.
Cant even open position at $5 per pt on the DAX, normally i could do 2 positions at $6, cant see margin on tablet but guessing 25:1, not even going to bother at $3 per pt Grounded for a few days, work on my theory.
It's just the DAX which is 4x's the margin requirement of normal drattys, US30 and EJ normal, kinda odd. If I'd of realised that earlier, I'd of made some money, the DAX trade I tried to place did okay to, typically!
Finally think i have found my grail setup, been watching it and sim trading since Monday 7sma open Envelope 7sma open 0.05% Envelope 17sma open 0.05%
MUST get back to trading this week, maybe not DAX unless they've changed the margin to something more suitable, which sucks as DAX is all I can trade really in the AM EJ Next best. Works been in the way and brain stuck on this fit female I've been chasing, sadly it's turning into a she flirts, I buy her things, she doesn't follow through on the flirting, so goodbye, not falling for that BS again!
Method working for me... Trade with 17s envelope range direction, use the 7s for faster moves. 10sl, 2 positions, no point getting chopped to shite, simple. Time to quit work ? Fast approaching
Made some cash, $90 area, not a lot of spare time today, not holding long enough either. First day back aswell, still need work on when to take a loss, but work on that on the fly.
Changing, dropped $200 today, was up, but moves goes against me and no real fixed exit = holding counter trend pain still. So.... All MAE 10sma 0.05% 33sma H and L. All trades with 33, SL on 33 failing. 2 positions, take 1 near 10sma if strong, second near the low. 2 positions, low range of 10, if SL to far away. 1 position, low range if SL pretty close.
Quick test, while flipping around doing 1500 other different things, all of them annoying So basically, with the 33 MAE 0.02 ( not H & L ) take the range with the 33 simple, TEST!! Basically looking for 33 breaks needlessly to work ratio and how much it works. 8am tweak over, stall and reverse, then a +20 +20 series of small scalps. Tweak over again and fail, 10 going up buying low 10's would of worked better. turns down, no real entry well maybe a join, 33 holds perfectly then downtrend +50 and another +40 worth of moves. Rule TODAY looks Valid, was devised today, so kinda hope so really. Previous days, not as good, but good enough, just got to play it for a while, beats it's issues and learn to live with them. My big -$150 area loser, was a bottom play counter 33 and just kept going without, went 30pts more I think after I exited to. ONWARD, running out of time, really want to give up work over the next month, 3 TOPS!!