Lets do the Scores............ Trading Method / Logic........ Solid 8/10, Strong, rare false SL hits, pretty clear when to join or fade, good enough, don't expect / need higher. My Performance. 5/10 I've got Room to improve, although most of my trades where good trades, just shit happening as it often does with trading Trying too hard, a lot of 4position trades ( hence Comm's on E2T ), 2 MAX Dick Head, long game, not instant rich here FFS!! ( move money to reduce Margin Available soon ) Confidence, initially low, but improved so all good there atleast 29 Live Positions, 11profits, 18losers that's shit!! but still turned it profitable just I'll add. 1 trade was 9 losers in a row, same trade digging in, going ES will rally, doh!! and tight SL pointlessly hitting me, in worse price, SL hit again LOL Then I bought the turn up, 5 positions and got back to profit, too risky!! Stupid Trade Over Stayed and bailed quickly for low to hold and bounce back, but who knew, cost me $90 from the top. Good Trade Reversed fast, can't be helped -$50, saw +80 ish. Good Trade! +35 sold out too soon, single position so left 20, good trade. Bought a Spike and Reverse, didn't dig in, -60, Bad Trade but could of ran didn't Caught a news spike -15 no biggy, SL was tight, good trade. Joined uptrend, -$40 didn't have time to get out BE to be fair, trend changed, good trade. +$90 first and best trade, timed the turn up perfectly, very good trade. Last Trade +$150, but I went long counter trend on a hunch, doh!! BAD Trade but +$150 not complaining Lets try to do better tomorrow, stronger day would obviously help!! E2T SOB SOB SOB!!! NEVER AGAIN!!!
Account Limited to enough Margin for 1 UK100 position, or 2 ES positions, stop that madness, will move money either way as required to keep this the same, until it's time to increase position size ofcourse. $550 Live, $6000 in reserve account, all is fine remain calm. need to leave 2K to trade NQ, why moving the ES trying to keep my greed in check. That'll stop me trading ES at $50 per pt on a small account LOL
UK Am Sim for today, 10am gmt till 12. ( doubt I'll get up but ?? ) Max Pt's, not profit as might hold too long. Short entry +6 Short +3 bottom in place, long +6 Join trend +3 Breakdown loser -5 down entry +7 +5 +20 Turn up +6 Yeah it worked this AM just incase I'm up!! Operation, Slowly, Slowly Grow account and skills with this method/logic over the next 2 - 3months. When I'm hitting +$200 most days, then double Lot size, +$400 for a while, then +$600 then +$800, then allowed to trade NQ at same size so 1/4 position size. Trying to reduce the risk of account DOOM! E2T trading ES at $100 per pt, ofcourse I screwed it up LOL
Up $260 on UK100 with the Exchange rate +30%. E2T not needed, but was a cheap ish way of pointing out I suck ass, and need to get my shit together!! so worth it, kinda!!
UK100 is clean and easy, it respects the range, it respects the direction. 2 trades since +$30, looked weak then +$70 on this move down. Got to start, I don't want to type this, start getting up and trading 10 to 12 for real, not just saying it SOB SOB SOB!! Order my gaming PC if this keeps up
Pulling the 30lwma think it leads me down the wrong path to often, KISS, play the 10's range, with the 10's direction is working just fine, using the 5's smaller range to time 1st entry with the 10's direction, then the 10's range. UK still reading as down, via 30 rules, 10 was up closed +$13, flipped long , +$43 so far, nice!! This aint working, this is the way to do it, maybe get a blister on my space bar thumb! Must type less, right thumb starting to hurt, RSInomorespacebaruseagefuckit!!
Home, back in it, calm calm calm calm calm, focus and play the range with direction, don't over think it, I can keep doing this!!
Switched on at the wrong time, missing a huge up move, should of joined, but alas wussed it, missed UK turning up aswell for some pts. E2T and Ninja all deleted, NEVER to attempt that again! Mainly it's a Demo account, it's hard to take too seriously, so creates gambly attitude, which = PAIN!!! and $100 Reset Fee's, if it was monthly and it reset every month, hell I'd keep trying for $95 per month, but too tight for that. I like Spot, and not seeing $300 Comm's charges aswell, just Spread cost, not a seperate Comm's charge.
Took +$10 as it breaks down LOL, kept rejecting off the lows, hard to hold short on a strong up day and there she goes 30lwma is back, but thin and dotty, cause handy to have, but not a majorly important thing. BOSE noise cancelling head phones = peace and quit, really help, must use more