Hrmm... Come to think of it... I have a really low % profitability... 26% profitability... for this week... He he he... I would be a bad system if I was a machine...
Hrmmm... bad trading day... made 6 NQ handles... Missed and anticipated too much... Didn't take profits as I would liked to have... Entry Mojo was OK... Need to work on Exit Mojo... DAMN!!!
If the market goes lower... next prominent Neo-Gann Level: bottom 1/2: 1240 or 1251... most likely 1251... Top 1/2 coming later... If the market goes higher... next: 1371... or 1353 Testing if I've figured it... please ignore... Personally, the market looks like it's going up... if today's a bottom 1353 major major strong lvl...
I coded my hypothesis of Neo-Gann... looks better this time... nice stuff... still need some confirmation on whether I'm right or not... Arising problem is... again the buy and sell signals... Maybe I should put Bollinger and 20 day SMA, even though I hate putting unconceptual filters... Well, good night everyone...
Hey... we need one more crazy guy to break the 20% mark... Any ways... I'm lagging and I'm just building the # of posts for this thread. Good trading all.
Recently, I've had some problems with my exit mojo. Seriously, I've had problems with that for the past 3 trading days. So I've decided I should work on it by doing the following: 1. Scalp my ass off. 2. 2 Consecutive Losses and I would re-evaluate the charts. 3. No Gann or Indicators. Just plain blank bar charts. 4. Limit each losing trade to 1.00. If I exceed this, I would have to do push ups. 5. Trade 1 contract. Well, the results were pretty good, or at least better than I expected. I made 9 handles on NQ. Execution is very hard doing this. I did have to adjust my entry mojo and exit mojo (well, exits are pretty much automatic). I also had to adjust my mind to take profits rather than let it run (This is reverse from a beginner... LOL...). This profit-taking mindset was hard to build. But I managed to do it. I think it was because I was doing such a small contract of 1. It was easy on my mind than my regular position size. I will be abandoning Gann for a while for my trading also. It is the basis of my analysis but I maybe relying too much on it these days. I'm really not building myself as a trader, but building myself as a Gann Analyst (Don't you just hate the word "Analyst"?) I'm thinking this will build myself to a higher level to be able to trade without Gann or any technical indicator. Well, good luck trading all...