Went up to BE and no more, before tanking. Then stayed perfectly in the 11 0.10% range and reversed. NQ reversed to downtrend. Just dumped the 4, creating bad trades. Range held again, not playing that with NQ tanking mind.
Yep I SUCK, the will to actually trade is gone, still in position, got to +15 Market went sideways, then I held to -40 just hit margin. Going for a walk, then back in demo for me, living too much in HOPE land. Method is fine, just not really using it, so many setups I could of traded and profited from. Rough WEEK!!
Method is fine, mental health is the issue, got to get out of funk and actually pay attention, should click the X but nah can't be arsed ohhh another loss. Demo account rest of the week, less sleep, get eating under control, get head sorted out then back on it next week. So many trades! Added BB 11sma 3.0Dev aswell, working well with the plan, sorts the varying strength market issue.
Lets Sim Trade my setup and see if I can call it kinda live or if still screwed... DAX 9am GMT start. 1. Short 12149 DT and pausing SL 57 Ran down perfectly +18 out, got to take profit!! Went to 23 then turned up fast 2. Going back up, if I'd of shorted, I'd better be out and looking for long, no entry, I was right though for once. 3. Pull back Support @12147 going long SL 41 exit 56 +9 Cluster Top near 11 0.05%, good exit. 4. Flip Short 55, SL 60, nice tanking badly, support cluster exit 38 +17 5. Downtrend so no longs Kinda KEY!!!, BB calling 45 top shorting 43, SL 49, saw 28 over stayed welcome still long SL hit -6 I fear here. This area getting stuck in needs work, might increase SL and dig in so call it -40 LOL 6. Uptrend Long 39 SL 32, cluster top near 50 didn't kill in time back to 41, SL hit -7 Held back just like in real life HOPING for turn up STUPID!! Method is Sound as sound as sound But I need to start thinking like a Trader again, not a hey it'll run +100 just going to sit back and watch muppet. Kill trade on S/R / stalling, Kill trade if it starts to go against it could keep going against obviously. Defo back demo for a few days, get head back in the game, try not to reinvent method, get back at it next week. GF putting pressure on for profits, cash burning 6 months left but prefer to not need more than a month. LIFE!!
Demo setup, lets see if I can sort my damn head out!!! Not having a painful foot thing barely walk, tongue ulcer and the crippling head ache from this would likely help, but hey walk it off, or not as the case may be. Atleast my excuses are upto scratch
Demo today. Need to get better at joining trend breaks from 0.05 . Mainly need to exit immediately as soon as i think whoops bad trade and not dig myself into a hole hoping for a trend change.
Changing Ranges... Envelope 11sms 0.03 and 0.06 0.03 is a better join trend position, lower odds on turning. 0.06 is tighter obvs, if taken out 80% Trend mode. BB looking handy!!
Todays demo experience.... Got to be more willing to jump on direction and ride it, moves below 11sma, clusters join short, close SL to 0.03% working great on NQ today. Envelope 4sma 0.02% is back used in conjunction with 11sma crosses = strong. Directional day mind, need to adapt better to conditions. New game, Battlescape going to de-stress in that all weekend
Brains unscrambed i think, for how long, or markets being really nice to me 1 or the other. Back live next week, hours playing tactical space shooter got my thinking clearer, treat trading like a game, stops me geting squished like a rabbit in car head lights. Loud music, keep it loose, just playing a game, I'm good at games.
Remember, when it was okay to hold over news so I stopped checking news times, SL took care of wasn't an issue as the big gaps stopped, well, back in news mania here. 4th day in a row, news has created massive SL murdering spikes, thankfully not in this time. STRICT NO IN FOR NEWS at all rules here.