Method looking good, few trades up about 100 so BE in the week. Method is fine, just got to master it, stop treating everything as range or atleast adapt to the fact its a direction change and react and switch sides. No time and too hot and really tired and busy, dabble for the next week, start nailing it next month really. 1 good month $2000+, and I'm going full time, had enough time to just do it.
Good luck, we be rooting for ye! (Don't let Zaphod eat the piece of fairy cake that contexts the entire universe. You might need that. )
Right, new method all locked.... UJ M1 Test for today, 1 bar at a time ( for 2mins before I get bored ) Uptrend, Long 111.56, Slowing out 66 +9 Okay didn't last that long. current thinking is MAE 16 0.02% and 0.03%. If the 0.02% range holds, then trend still intact and everything is fine. IF 0.02% but not 0.03%, breaks then Momo is shifting, good odds it'll change direction. Break 0.03% then might get a blip back in my favour, better exit and flip.
few trades, didn't hold any of them long enough, made some $$$'s back, which is what counts at this stage Why is it always so hard, to take good trades, a small pull back in a uptrend I expect further so I don't take it, a large pull back in a uptrend I take and it's generally a trend change, trying to teach myself to take the small pull back while going with the flow, and go with the large pull back ie short. Working on reducing cost ie losses aswell, currently. Holding longer at this stage isn't key, take profit and run. Never ever easy, method isn't perfect, but it's more than good enough. I should be a millionaire just, if I can stay alive till I'm 96 ( 50 years ! )
I know who Zaphod is, but doesn't sound familar not in the film or BBC original tv show no doubt that quote 1 day I'll read a book, nahhhh never going to happen, just not that old fashioned. Need to get into Audio Books, having it read to me while I trade makes wayyyy more sense.
That, sucked dropped $100 left the screen for 10mins, missed a +$80 area and reversal I need a new better, more realistic live plan and SOON!!
Right, tearing it all down to build it back up again. Simpler Simpler Simpler is key. What long time works... Mae 18 0.01 works great, keep coming back to this so got to be in the mix. Mae 5 0.01 also great little range for entry timing. Theory is mainly trade near and with 18s direction, holding longer and bailing quicker. Doooo it! The definition of a momo trader that doesnt trust momo is ME!
If you read the books, you might become a better trader. Do not ask me why. Just a feeling. Worth a shot.
Sorry but reading is for girls and old people, most of what you read is going to be crap anyway, not that you can tell what actually is crap and isn't. I will settle into a groove any time in the next year or 17 don't you worry. Simplifying at the moment, before i get again, when not so busy. Mae 18 0.01 and 0.03 trend range looking great, getting to improve.