Reducing system, 18 MAE's removed, reason I'm never using, but I'm worrying about and missing other trades. Distracted, feeling shite and no trades as yet, nearly made a few that worked out great though
First trade -160 Trend turned, held against waiting for a trend to turn again until WAYYYY to late. Jumped on trend got 50 back, -110 here. Exiting soon, might need work, but ill so errr su me
Not thinking on my feet quick enough, next trade got to +100 looked strong, thought I'd hold it never a wise move, Margin called -150 $20 per point on USDJPY is wayyyyy to scarey, obviously if I'd taken the 100 flipped short then taken 400 I'd be not saying it's to scarey LOL
I'm getting better slowly, despite a few set backs LOL +150 on EJ short, -140 here currently on the day. Damn it recovered a lot then hammered lower another 150 lower, damn it!! Adopt Trend Early then ride said trend, keep loss small, let profit run, simple logic. Method is cracking
Argggh I know I killed that too soon, trading from a position of weakness ie LOSS makes it hard!! Yep going higher, long EJ +90, so -62 on the day here, quick pull back from -300 LOL
Back to so no near BE on the day I'm calling it a day and BE on the day I've got over my 12year old mental block to just jump on the current Momo. DAX isn't working for me these days, infact I'm seeing the Logic in being a JPY Trader. Namely they follow each other nicely a lot of the time, not always. USDJPY is on point USD being biggest makes sense, then GPBJPY then EURJPY, gives me a 2nd chance miss start of 1 then jump on other, or if while in, 1 looks dodgy then bail maybe. GBPJPY don't plan to trade, Spread is HUGE Got to stop improving, method MAE 6 0.02% and SMA 6 and SMA 18 easy.
Eyes going too much monitor and chart looking at. Marked on charts for later so see how it went, USDJPY turning down @116.21 GPBJPY still got strength though, so EJ and UJ lying ??
It worked, they both followed this time, even GJ reversed it's trend nicely. Looking like a more professional plan all the time. Expects to get super busy as back at client tomorrow and trading to slip again
So if i can stop trading like a fool then in 30mins during busy market times i can bring in $300 fairly easily. Time to increase trading as I'm doing pretty well, too scared to trade to much over our account hit, if I'm awake I'll trade the night session usdjpy all been moving well. End of March I want trading income to be out doing business income.
Okay, entering with short term momo early on, TICK got that mastered!! I still need to work on loss reduction, added a MAE 6sma 0.04% to the mix, this is my I'm toast exit. I'm still a lot, the trends turned I shouldn't be holding, but I am, need to sort that out to. That +100 that I lost 150 on, be +$250 today area if not for that Markets trading really really well in the night as expected, busy touching up a girlies photo's she's HOT 20years I've known this 1, scarey!!