Yep many days, with focus lost, just thinking WTF is going on! New take on method more mechanical is working GREAT on Demo, likely won't trade live till after the Election is over so Wednesday really, going to be some crazy to come I guess. Can I trade it live ?? Demo Demo Demo to build confidence I guess.
Method LOCKED, this is all you need to make pretty good demo profits so far 5Lwma High 5Lwma Low Envelope 5lwma High +0.04% Envelope 5lwma Low -0.04% Use the range small as it might be, enter with direction, ride it, scalp it depending on market strength and keep the SL tight and losses small. And don't over think it, loss is small, so don't matter too much = trade with no fear.
Wish I was Live today, over the +$1000 easy peasy, obviously CRAZY day, but still it works!! Tested on slow days, still works!!
Back Live, down $30 but functioning well got LOADS of time and bugger all else to do the next 4++++ weeks.
5 losers at first, but 5 profits since, had NQ at a low went 40pts damn it, weak hands here. +$100 not bad for first day back, keeping losers small, patience on entry, looking like cracked it, will to bother is low, so not many trades mind.
Traded in last 30mins, got greedy, thought rally into the close, but got hit on the down move before that happened, opinions and thoughts = DOOM!! did eventually turn up, which I just joined like I should and closed +$200 on the day, be +$700 if it wasn't for the major screw up, cost me $500 in total! Getting there, method is sweet and easy and I'm seeing trades with good risk to reward so all is hopefully good.
Back to trading NQ, but only when the SL is pretty tight, so good entry and small range days, ES just too choppy most of the time and not enough profit to spread ratio. Method pretty tight, not that I can be arsed to trade on a Friday, just watching!!
5lwma is too fast, as markets slowed down, so 8lwma and a +0.05% range outside, slightly wider. My issue currently, isn't entry, it's Exit, IF I took all the small profits that later turned to losses I'd be rich, holding for too much and getting drained then bounced back from 1 good trade thankfully. Hard to Fix!!
Back to UK100 and ES so I can build a position via averaging with the current direction. slower direction 10lwma based 2 Positions max, 1 position near the MA with direction, 1 near the +/-0.05% or a double position near the +0.05% Then as said, when to take thy profit!!