Need somewhere to think out loud,

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

  1. Turveyd

    Turveyd

    Zero chance of trading again, same expected tomorrow pretty much :( shame big swinging moves most called perfectly :)

    Role on, time to trade, might be awhile again, another project to start next week :(
     
    #261     Sep 11, 2014
  2. Turveyd

    Turveyd

    Okay, locking it down, no more messing around LOL ever LOL

    Barely traded again in 2 weeks sucks, so watch then jump back in, taking my losses and keeping them small being the ongoing battle, still highly profitable despite this but not ready to claim Mission Accomplished to early ( no Bushing it here )


    Role on work slacking off! :(
     
    #262     Sep 14, 2014
  3. Turveyd

    Turveyd

    Getting back into is always tricky after a week off, first trade was NEGATIVE hugely, got back to $25.85 ( 1 pip ) profit and I took it just in time to LOL

    2nd trade +$336 in 4 mins ( 13 ), thanks muchly :)
     
    #263     Sep 15, 2014
  4. Turveyd

    Turveyd

    Another quick 100, the secret is, buying after a range test on strength, tight SL just at a new low, stops the entire catching falling knives and if you do, tight SL no biggy!!

    Repeat Repeat Repeat!!
     
    #264     Sep 15, 2014
  5. Turveyd

    Turveyd

    Not that happy with that trade, bailed for $50 and yes up she goes!!

    Doubling my lot size, although first trade started off badly, it's made me a better scalper, before $25 errrr $100 loss, where as $50 stalling, that'll do nicely, deal done!!

    Really got to stick to weak choppy markets with no directional worries.

    Could of made $250+ on that, looked set for another dip, so take and buy the dip was the theory :(
     
    #265     Sep 15, 2014
  6. Turveyd

    Turveyd

    1 pip on that 1, she's refusing to sell off but hey no losers that will do me for the day :)
     
    #266     Sep 15, 2014
  7. Turveyd

    Turveyd

    Stat's on new method, haven't really had time to get into it, ZERO big movers literally well 1 against me LOL

    +$848, 77% profitable rate, average profit $57.60, average loss -68.04, 31 trades.

    Not enough trades, not getting ANY goods runs at all recently, had a bad loss went I first went to double lot size skewing the numbers.

    Yes I want longer holds, but longer holds also kill me, but I should still be getting 2x's the profit factor, 1 I closed out, I closed it jumped up 6 pips instantly I swear.

    I'm closing a lot on the way down, better to take a small profit and get out then take a loss, double that money gives me that focus, might go triple soon LOL

    In out, buy on the way up, SL move to new low area, if it fails it'll likely go 10lower and can get back in cheaper next pause so all good :)


    Role on time to trade returning!!!
     
    #267     Sep 15, 2014
  8. Turveyd

    Turveyd

    At current Lot size need 52pts to get me to prev account highs, absolutely nothing, 2 good trend trades and job done!

    424pts to hit 20K target, EASY!!

    I was hitting 100 ish per week in 4 - 6 hours total trading time, only looking at 4 weeks, got 10!
     
    #268     Sep 15, 2014
  9. Turveyd

    Turveyd

    Revisiting a 5sma ( subject to change ) 0.002% envelope, to boost confidence in taking trades and holding longer.

    Basically it makes it easier to spot a pause, which is where i look to enter with the 100ema direction if there is one, obviously pauses can continue previous direction so wont always work and previously moving the SL and averaging made it pointless, but as thats maybe solved i'm liking it so far.
     
    #269     Sep 16, 2014
  10. Turveyd

    Turveyd

    Just made $103 in 3mins and 3seconds, but got to go to client and drop back to $50 ish per hour sucks!!

    This is starting to get silly but in a good way for once :)
     
    #270     Sep 16, 2014