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Five A Day

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  #201 (permalink)
 ratfink 
Birmingham UK
 
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Usual post lunch haze left me with 5 winners and 4 losers for bugger all (+0) to end the day in the Sprint account - Tosspot.
However, I did manage to eagle-eye a single small p.m. short for +28T in the main account (with just -10T stop so 2.8 R/R is where we want to be), first time that's been out for a while, so a fair enough end to yet another chopfest day.

A larger move move could start at any time but when range bound play for the range to continue until it doesn't, so I don't mind if I've missed a sitter.

Main Lesson: I don't trade well after food, so why not stop it.

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  #202 (permalink)
 ratfink 
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Sludge continues as expected, tough morning when I can't even see any Sprints worth taking. *If* one of the prior weekly highs was a 'B' wave high then we can still fly higher from anywhere in the next extended 3rd wave North but I would have preferred us to have traded 1732 first before starting new weekly extensions. Otherwise bulls still seem vulnerable to a hiccup or more to me. We shall see, said the blind man. Clues might come better from the Dax - to terminal or not to terminal.



Piffle.


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  #203 (permalink)
 ratfink 
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Done for the day with just 4 Dax Sprint trades, 3 careful winners and 1 tossy loser for a net +28T to complete a solid week with a final total of +180T in the two accounts combined, best I've managed for a long while and I think not in great trading conditions so I'm happy with that.

The usual obligatory tosser was an overly cute counter-trend trade, as per my tendency, but I had a noticeable calmness today and waited patiently for the others. However, I did notice a little more hesitation creeping in after this recent good run, be interesting (or not) to see how that develops next week.

For my benefit this journal has always been more about dealing with my psychology than anything else, that will continue to be my main work area I have no doubt. On the other hand I've never kept statistics records before but thanks to futures.io (formerly BMT) I will make a simple start here that may become more sophisticated if I progress into next year. For now after 12 days and 160 Sprint (2m time scalp) trades the most recent normalised sweetie jar looks ok:





I've had a *lot* of really ugly looking ones in the past but this time I'm hoping I've got all the big drawdown out of the way early on.

It has been a good start to a self-imposed hard core evaluation for a major TtoQ decision, so far it looks positive and I can start to plan for next year on the current discretionary approaches and restart the automation of some strategy ideas as well. We'll see. Really need to get the main account out of bottom gear as well.

I would like to say thank you to all on futures.io (formerly BMT) that make this long, hard, lonely slog not quite so lonely - cheers and have a great weekend!

Travel Well
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  #204 (permalink)
 ratfink 
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No difference in situation from last week so new charts. Dax moving but still sluggish while ES in limbo so stayed with the Sprint scalps. Tired now so finished for early sessions with 7 winners and 2 losers for a net +72T and a decent start to the week. Might take a gander at the US tonight, should know better, la, la, la.

edit: Post-dinner didn't open the trade platform, just played and planned. Discipline! Moi?

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HenryandSteen
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Whats the indicator called you got on the first Picture?

 
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  #206 (permalink)
 ratfink 
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HenryandSteen View Post
Whats the indicator called you got on the first Picture?

Hi, if you mean the first picture in the thread it's just a self-made 5/30/60 minute opening range builder, there are several others already published on futures.io (formerly BMT) e.g. from @Fat Tails and other genii, so it's unreleased. If you mean the first chart on this page then it's just the built-in Ninja Fibonacci Retracements tool (F8) with it's default template re-configured for my preferred forward and reverse gears.

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 ratfink 
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Messed around trying to manufacture trades but finished the session with 3 winners, 2 losers, net just +8T. It was more fun getting the customary birching and flogging from the blonde hygenist this morning.

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  #208 (permalink)
 ratfink 
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This post hurts, I mean really hurts. This is the post that makes you wish you had never started a journal and agreed to make it honest. I hope it hurts enough to make me learn something from it.

After 5 trades this morning I was up +8T. After a further 5 trades this afternoon I was up another +44T. Why didn't I stop there? I have no idea. Stupidity, greed, who knows.

I decided to switch to the Dow and almost immediately the red mist descended, the red mist that still leaves major question marks over my head in the attempt to answer the TimeToQuit decision. In an absolute maelstrom of trades I finally crawled away, down -134T after trading for an hour like a complete idiot, staring at a screen that was telling me exactly what to do and just blindly doing the opposite, continuously.

I could have, should have, switched bias or just walked at any point. I failed miserably, totally to do so. A trader would have easily switched or shut it down and walked. Good analysis or a sophisticated system won't help me one little bit if I simply can't behave like a trader needs to and accept the one and only greatest statement on any damn screen - the sodding trend.

Until I can totally deal with these issues, I am no trader, not even close.

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HenryandSteen
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ratfink View Post
This post hurts, I mean really hurts. This is the post that makes you wish you had never started a journal and agreed to make it honest. I hope it hurts enough to make me learn something from it.

After 5 trades this morning I was up +8T. After a further 5 trades this afternoon I was up another +44T. Why didn't I stop there? I have no idea. Stupidity, greed, who knows.

I decided to switch to the Dow and almost immediately the red mist descended, the red mist that still leaves major question marks over my head in the attempt to answer the TimeToQuit decision. In an absolute maelstrom of trades I finally crawled away, down -134T after trading for an hour like a complete idiot, staring at a screen that was telling me exactly what to do and just blindly doing the opposite, continuously.

I could have, should have, switched bias or just walked at any point. I failed miserably, totally to do so. A trader would have easily switched or shut it down and walked. Good analysis or a sophisticated system won't help me one little bit if I simply can't behave like a trader needs to and accept the one and only greatest statement on any damn screen - the sodding trend.

Until I can totally deal with these issues, I am no trader, not even close.

Trading is dirty. Stop trying to be something you are not . When I win Money my mind goes AFCKING wild .. I let it go wild .. and I love it

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 GFIs1 
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ratfink View Post
down -134T

Shit happens...

Dear @ratfink - book it as investment - and forget it!
Trading from beginning of the session - you make some nice gains - cash them
in and get out of retailers noisy afternoon...

GFIs1

Market will be there TOMORROW

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 Daytrader999 
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ratfink View Post
This post hurts, I mean really hurts. This is the post that makes you wish you had never started a journal and agreed to make it honest. I hope it hurts enough to make me learn something from it.

After 5 trades this morning I was up +8T. After a further 5 trades this afternoon I was up another +44T. Why didn't I stop there? I have no idea. Stupidity, greed, who knows.

I decided to switch to the Dow and almost immediately the red mist descended, the red mist that still leaves major question marks over my head in the attempt to answer the TimeToQuit decision. In an absolute maelstrom of trades I finally crawled away, down -134T after trading for an hour like a complete idiot, staring at a screen that was telling me exactly what to do and just blindly doing the opposite, continuously.

I could have, should have, switched bias or just walked at any point. I failed miserably, totally to do so. A trader would have easily switched or shut it down and walked. Good analysis or a sophisticated system won't help me one little bit if I simply can't behave like a trader needs to and accept the one and only greatest statement on any damn screen - the sodding trend.

Until I can totally deal with these issues, I am no trader, not even close.

@ratfink: Thank you very much for these great insights.

I really know what you're talking about since I made the same experience MANY times...
And I think we all go / have gone through this, and even in that particular moment when we believe we've come over that issue the same s**t happens again...

IMO real progress is defined by the decreasing number of these (fairly inevitable) Events as we're all only human (are any HFT's around here ? )...and after experiencing that event several times I decided (against any good advise I received) to establish a daily profit goal, which has helped me a lot to overcome this issue so far.

@GFIs1: Since I still got a regular daytime job, I have to be one of the poor retailers trading the noisy afternoon sessions...

"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
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 aquarian1 
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ratfink View Post
Done for the day with just 4 Dax Sprint trades, 3 careful winners and 1 tossy loser for a net +28T to complete a solid week with a final total of +180T in the two accounts combined, best I've managed for a long while and I think not in great trading conditions so I'm happy with that.


Congrats on a good week.!

..........
peace, love and joy to you
.........
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 aquarian1 
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ratfink View Post
This post hurts, I mean really hurts. This is the post that makes you wish you had never started a journal and agreed to make it honest.

In an absolute maelstrom of trades I finally crawled away, down -134T


I think we all appreciate your honesty it would be easy to forget this post - but you are made of better stuff so good on you.

I beat myself up about these things though I know I shouldn't.

Keep trucking! you be were you want to be sooner than you think!

..........
peace, love and joy to you
.........
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 ratfink 
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Finished blubbering now, back to business. Really appreciate the support from all who come in here, thank you.

ES has blown out of targets as expected, trend still up for now as per Gann expectations, Euro hit its weekly resistance and has lost a short term extension, will look later or at the w/e to see where we are. Will see if Dax puts in the terminal wedge or really starts to lift out.

Have taken Dow out of the Sprint account, trying to trade 3 sessions is just plain dumb.
Remembered now that the first 4 dumb f*ck trades were fat fingers as it uses a different default expiry time, this is bad of the platform but dumb blindness so my fault, accepted now, moving on.

I felt the head fire, I know its mine, I must catch it and walk away faster. Pegged the washing out in the sun this morning, listened to the birds, said thanks for being alive. Tomorrow should be there but today should be taken.

Have used the futures.io (formerly BMT) Options panel to cut down all unnecessary posts (e,g news, other platforms, weird markets.)

Have gas engineers in (again) this afternoon, will be on remote access but likely not trading until post Fed.

Plan is made for next year now, get myself sorted out, discretionary trade only the Dax, start to build the strategy box for ES/Dow/Euro on the back of a distributed network export of my current system properties. Oh, and try and act like a trader, using the main account with a decent R/R.

Travel Well
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 xelaar 
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ratfink View Post
Finished blubbering now, back to business. Really appreciate the support from all who come in here, thank you.

ES has blown out of targets as expected, trend still up for now as per Gann expectations, Euro hit its weekly resistance and has lost a short term extension, will look later or at the w/e to see where we are. Will see if Dax puts in the terminal wedge or really starts to lift out.

Have taken Dow out of the Sprint account, trying to trade 3 sessions is just plain dumb.
Remembered now that the first 4 dumb f*ck trades were fat fingers as it uses a different default expiry time, this is bad of the platform but dumb blindness so my fault, accepted now, moving on.

I felt the head fire, I know its mine, I must catch it and walk away faster. Pegged the washing out in the sun this morning, listened to the birds, said thanks for being alive. Tomorrow should be there but today should be taken.

Have used the futures.io (formerly BMT) Options panel to cut down all unnecessary posts (e,g news, other platforms, weird markets.)

Have gas engineers in (again) this afternoon, will be on remote access but likely not trading until post Fed.

Plan is made for next year now, get myself sorted out, discretionary trade only the Dax, start to build the strategy box for ES/Dow/Euro on the back of a distributed network export of my current system properties. Oh, and try and act like a trader, using the main account with a decent R/R.

Good stuff Ratfink. Rooting for you. When you have some time would you elaborate more on your binary options trading and show some screenshots?
Thanks
Alex

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  #216 (permalink)
 ratfink 
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xelaar View Post
Good stuff Ratfink. Rooting for you. When you have some time would you elaborate more on your binary options trading and show some screenshots?
Thanks
Alex

Sure, for the ultra short term stuff my two main charts are a momentum range chart, 89 ema/sma, the rest are own built indys:




And an s/t fdax chart, own indys apart from Harry's anaSuperTrendM11, I only added that a couple of days ago - but if you ask me it's bloody useless if you ignore it.





And for the trading interface I just triggered a random minimum stake trade for you, the upper panel shows how simple the controls are for their current quote, the lower panel graphics display current profit/loss situations for 1 or multiple concurrent trades, any direction. No interference with trades possible once they are running, entry is always at their quoted strike (current market + small spread), exit is based on exact market price. Time expiries vary across different instruments from 1, 2, 5, 20 minutes, Dax starts at 2, Dow and Euro at 1, crazy I know.





I used to trade the older style 5 minute binary options, in fact I built a custom Ninja panel for it but they are a real b*gger with fixed time intervals and wide ranging, fast moving spreads. Even so I did manage +400% in 30 trades in one month - but then fat fingered it away in 3 days - so we stopped that particular game ...

I enjoy the fast short term stuff and probably will continue to do it but more frustratingly my medium term analysis has been bang on for months now and I don't make nearly enough use of it, let alone trade it. Next year, next year, we will see.

p.s. the trade came in, I owe you 8.10.

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  #217 (permalink)
 xelaar 
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ratfink View Post
Sure, for the ultra short term stuff my two main charts are a momentum range chart, 89 ema/sma, the rest are own built indys:




And an s/t fdax chart, own indys apart from Harry's anaSuperTrendM11, I only added that a couple of days ago - but if you ask me its bloody useless if you ignore it.





And for the trading interface I just triggered a random minimum stake trade for you, the upper panel shows how simple the controls are for their current quote, the lower panel graphics display current profit/loss situations for 1 or multiple concurrent trades, any direction. No interference with trades possible once they are running, entry is always at their quoted strike (current market + small spread), exit is based on exact market price. Time expiries vary across different instruments from 1, 2, 5, 20 minutes, Dax starts at 2, Dow and Euro at 1, crazy I know.





I used to trade the older style 5 minute binary options, in fact I built a custom Ninja panel for it but they are a real b*gger with fixed time intervals and wide ranging, fast moving spreads. Even so I did manage +400% in 30 trades in one month - but then fat fingered it away in 3 days - so we stopped that particular game ...

I enjoy the fast short term stuff and probably will continue to do it but more frustratingly my medium term analysis has been bang on for months now and I don't make nearly enough use of it, let alone trade it. Next year, next year, we will see.

p.s. the trade came in, I owe you 8.10.


Thank you very much

I played a bit with binaries a year ago, ones from GFT. But those differ in a way you can sell your stake before the expiration, albeit at big discount. It might be a better way to trade fast stuff as you don't suffer from fake outs, stop runs, springs.

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 ratfink 
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xelaar View Post
Thank you very much

I played a bit with binaries a year ago, ones from GFT. But those differ in a way you can sell your stake before the expiration, albeit at big discount. It might be a better way to trade fast stuff as you don't suffer from fake outs, stop runs, springs.

You're welcome. I find the 'no interference' aspect is better for me, unless I've got Saturn in Uranus like yesterday ..

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 ratfink 
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Just a note to self from @Adamus journal (quoting Al I think):


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 xelaar 
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It's a great one

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 ratfink 
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Seem to be in interesting places within a still bullish trend, so I'll drop these long term views in now rather than wait for the weekend.

Dow still consolidating, maybe building a diamond?




Sp500 with an interesting equality:




Euro backing off from weekly resistance, it's been running in extensions so a full pullback to 1.33 wouldn't be unexpected:




Dax has so far put in a sweet terminal throwover:




Will it stay at that? edit: just noticed there is no overlap in that wedge so as it stands hard/wrong to call it a terminal, just an interesting place, maybe, maybe still a leading, or none at all.

We are entering the traditionally strongest seasonaility period of the markets, be impressive indeed if we continue to just lift from these spots without at least a pause for breath or a larger gulp.

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 ratfink 
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Cash Dax is trapped, coiling between yesterday's low and today's open, should be a significant move either way, might not be today.

Done for now, need a break, 9 winners, 4 losers, net +46T.

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 ratfink 
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An important (usually when I'm on a break) Dax setup, holds the 0.786 after the first wave, then holds the 0.5 of both waves, can be seen several ways from an EW standpoint, which makes it a largely pointless luxury to know which.


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HenryandSteen
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Love the colors of your charts ! : )

hope you got a hold on that dax short

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 ratfink 
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HenryandSteen View Post
Love the colors of your charts ! : )

hope you got a hold on that dax short

Thank you good Sir!

Murphy says the best moves happen while you're on a break. Watched the EERIE episode of Spooks, came back and took two more scalps for +32T. Didn't catch a real move either way, too busy playing on futures.io (formerly BMT), good job I don't have a boss.

Dax is in bronco mode again with the ES hissy fit. Sat pondering on the gap, hwb and OR now. Still no major changes from last week yet, but maybe soon.

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 ratfink 
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Looking after hours ES bounced off potential extension support, certainly large volume reaction, but only likely confirmed if 60.50 taken out above, then 65, failure below that would likely drop us back initially to the 1720/30-31 that never traded, and maybe signal a more significant trend change but we're not there yet.





Wasn't around for the evening session so today finished net +78T, a welcome haul.

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Queen bitch has spent another couple of hours putting on her makeup this morning, thanks for nothing. Maybe gets trashed after a night out sometime soon, the party girl is definitely preparing for something leggy.

So, scalps only again, 3 winners, 1 loser finished for now net +28T.

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DJIA:


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October finished on track, recovered most of the late hiccup.





Have included Friday (1/11) and will only update at week-end nearest end-of-month from now on, more often is likely counter-productive.

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Been a long time since I looked at my auto paintbox, it still does pretty things. It's about time I got it integrated to stop the knife catches and did something useful with it, maybe even make a bot, lol.




If I had one, my headstone would probably have read 'At least he died with a to-do list of a million things', or maybe more likely just mutterings from the missus 'He was a nutter, but at least he was my nutter', as she hoovers up my ashes.

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 ratfink 
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Almost all daylight hours spent with gas engineer and plumber, single scalp for +16T, that's it.

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 ratfink 
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Wasted morning session, clearly out of focus, still distracted by other domestics (hidden leaks in large old heating system, nightmare). Kicked off with 4 straight losers, worked butt off to get back to 6 losers, 5 winners for net -40T. Basically caught with pants down playing in the noise again, not taking the couple of decent setups that were there and manufacturing tosh out of frustration instead. No change there then. Awaiting gas engineer once more.

Growing awareness that when I kick off poorly the inverse R/R on the scalps really bites hard. Sort myself out, switch tactics or both required at this stage.

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Kicked off with 4 straight losers, worked butt off to get back to 6 losers, 5 winners for net -40T.

The Italian says: "piano, piano"

GFIs1

freely translated: "take it easy"

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The Italian says: "piano, piano"

GFIs1

freely translated: "take it easy"

Cheers!

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 ratfink 
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ES support was successfully retested and held as advertised at 1750, short hwb broken so consolidation continues. Still looks like bulls have 1730, 1708, 1640, with corresponding do or die spots underneath, but will need validation. Target 1784 for now unless it needs weekly or lower support first.

No trades this morning, spent most of the night in the local hospital ITU watching high technology graphs of heart and kidney failure - a different kind of life rhythm, with its own cycles, waves and corrections. Can't think of any good bonfire-night mother-in-law jokes though, but at least the central heating is improving with new pressure valves fitted.

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Can't think of any good bonfire-night mother-in-law jokes

I have one: "Don't mix up the heart-beat chart with your ES chart - looking at stops and targets"

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I have one: "Don't mix up the heart-beat chart with your ES chart - looking at stops and targets"

No trading. No mix-up. Mother-in-law took a full stop-out this morning and all her charts went to zero. I will never know if she broke any barriers and traded a pullback to a confirmed target or not. Sometimes we manage it and progress and sometimes our lives just drift aimlessly up and down. Best wishes to you my friend.

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Euro backing off from weekly resistance, it's been running in extensions so a full pullback to 1.33 wouldn't be unexpected:



Similar velocity to the ITU:



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Sorry for your loss @ratfink. I hope your wife is doing OK.

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Sorry for your loss @ratfink. I hope your wife is doing OK.

Mike

That means a lot to me, thanks Mike. Sorry for being a prat on the other thread.

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ES continues to hold Daily supports, only loss of 1720 will start to get me thinking that Santa isn't real.




No trades today.

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Sorry about your loss.
I hope you and the misses are hanging in there.
Halloween is a rotten time of the year.
Chin up

..........
peace, love and joy to you
.........
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 ratfink 
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ES continues to attack it's expected daily extension target c88-90, with bulls taking it in a harem-scarem vtol that suggests bears now need under 1770 to consider a stuck in chimney situation, under 55 for a lack of mince pies and still under 1720 to likely confirm a total lack of yo-ho-ho. Otherwise Gann cycles on.



Might well (of course it is, duh) be linked to the Euro's fate, which appears to have just traded a short extension as well as the long setup. Who dares wins and the other will likely lose a whole lot more. Tener cojones, Janet?




Dearest inscrutable Dax continues to walk its own thin ice tightrope of throw-over and die, or serious breakout and fly.


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First short I've seen trade cleanly for a while, be interesting to see if progress can be made towards any sort of character change or if it's just the start of another pullback to one of a few levels, this being the first definite maybe. Bulls need to see the short series break soon, bears need to lose 76 and then some.

Only on remote access at the moment so no trading.

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Not quite HFT speed but bulls soon broke the short series and used the extension to go straight to target.



Not shown, but redrawn extension now gives support 77-80, target 93s. Wary if 77 lost.

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ES traded a second extension to target and now has support at 88.50, losing 88 might suggest a bigger pause towards 1760-65 is needed, otherwise gay abandon continues as before.




Struggling to trade at the moment, after the loss of m-i-l and a bipolar related relapse on my part. Have terminated my Sprint markets scalping project. Regardless of progress made I know that ultimately it is going to kill my mental health and my accounts.

Decision made. Unless I can somehow predict which are the good days and which are the bad days.

I will once again work towards a slower, more analytical approach, a slower pace of day and search for that elusive R:R. You never know, Five A Day might actually happen sometime.

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Dax has been a chop-suey ball-ache this morning while ES pretends to find support around 85's. Scalped (no more time Sprints now) +27T but barely a decent trade in there. Still looking for the elusive R:R.

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Today looks important as a spell caster for either halting the frolicking under Janet's skirt..., or letting the party continue to rip. (1.32 v 1.41)





Regained a more relaxed approach today, only took a single meagre +8T Dax nibble this afternoon, but what I did and, more importantly, what I didn't do, was solid and will do for today.

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Bulls hit the 9250 that we looked for, market seriously undecided after today's little ES squeeze inspired rodeo, would be a likely down if not for the skirts and shirts, might still be.




Stayed calm and hoovered another +40T out from in there somewhere, none of it was easy though.

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Don't often see these two at cross purposes.





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only took a single meagre +8T Dax nibble this afternoon

these were mine before
Glad for you that you caught them!



ratfink View Post
frolicking under Janet's skirt..., or letting the party continue to rip. (1.32 v 1.41)

LOL - did I miss some verses from the trader's bible here?
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Don't often see these two at cross purposes.

Thought so, NQ has been more truthful of late (can't imagine why...), two to target.


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Dax now stuck in a choppy no-man's land hour or two while ES decides whether to squeeze or dump. Janet fighting the gap fill I think.





Managed +25T today so a decent enough week so far. Tired and the cricket was good too.

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Dax now stuck in a choppy no-man's land hour or two while ES decides whether to squeeze or dump. Janet fighting the gap fill I think.

Congrats for your winner!
I saw the same and made a new thread for education out of it:



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Congrats for your winner!
I saw the same and made a new thread for education out of it:



GFIs1

Yes, I was a bit shocked at the timing coincidence!

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Congrats for your winner!
I saw the same and made a new thread for education out of it:



GFIs1

Excellent

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BTR411 View Post
Fibbed out Shop Style on the Renko to the 6.9 and previous week's high!

The cricket was dreadful and Dax is once again stuck in this morning's opening range, but I don't care as you just changed a sweet piece of my world...




Big thanks to you and also to @mfbreakout for running such an awesome journal and to all who post such great stuff in there.

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The cricket was dreadful and Dax is once again stuck in this morning's opening range, but I don't care as you just changed a sweet piece of my world.

Seeing the Dax recovering and moving up a bit today to estimated 9258 max.
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Banked +33T from the (too fast?) Dax breakdown ES was suggesting. If it plays then I think ES has decisions to make either 91ish or 85ish in which case lots left on the table, but the printers are still at work so I'm not bothered if it just lifts some more instead, after all it is a Friday.



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It's a Friday and looking on Forex Factory it's a pretty quiet day ahead (famous last words) so, without headlines for the media to rationalise the moves with, they might just keep ES pegged between 91-96, a definite maybe at least. Above 97 or below 90 and it could start swinging significantly again so they'll need an excuse from somewhere.

The first two weeks of November were personally awful but I have steadied the mind and have also cleared +140T for this week so I'm back on track, albeit with a funeral to attend on Monday.

Trading over (I'll only screw it up otherwise) it's time for some left-over Chinese takeaway for a not so classy lunch while watching some truly awful cricket lowlights.

Good weekend to one and all.

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slight upmove expected - UP to max 9258

Maybe next week?




Usual plausible magnets above and below.

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Shifting all long term ponders to

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 ratfink 
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No trades for me today due to end-of-life party attendance. Dax still sticking to the script and had it's own advance turkey mini-party:





Have to think that an uber-optimism US-Iran agreement might at least be associated with some sort of top, but such is the strength of the Gann cycles that we can't just go guessing them for now.

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No trades again today, sensible decent range trading probably over for the week and, other than bot crawls and shoot-outs, might already be over for the year...

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Have a great Thanksgiving for those of you that celebrate it and have a great 3 days off trading for those that don't!

...so I won't! Cheers and best wishes to one and all.

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This was a personal target, so it's in here rather than in the main Lumosity thread.







Going after a few more targets next month and next year, but vacation starts soon so I might lose a few hundred points instead...

Anyway, not too shabby for an old git.

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 Daytrader999 
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ratfink View Post
This was a personal target, so it's in here rather than in the main Lumosity thread.

Going after a few more targets next month and next year, but vacation starts soon so I might lose a few hundred points instead...

Anyway, not too shabby for an old git.

Indeed....not too shabby regarding OUR age.

Great job so far, I'm just scratching the 1k barrier as well...

"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
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 ratfink 
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Spent the last 2 days doing system(s) housekeeping, my fingers are poised above the off switches. Flying in 8 hours time with just a sparkly new Acer 720 Chromebook (bloody love it so far!) to a warmer climate. Leaving the kids in charge, must be mad. If I vanish from the ether without trace then the plan failed miserably.

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 ratfink 
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Was 8C, now 22C

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 ratfink 
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Yesterday 22C, walked 22km, 5 hours, one coffee, one beer, a great day. Then a clear night with Saturn, Mercury and a Full Moon streaming into the balcony.

I noticed the previous post was made on the last day of my first futures.io (formerly BMT) year, I can't believe it has gone in 5 minutes - thanks to all who have helped make it so enjoyable.

And I see a nice round number on here too:





It would appear that holidays really do work, or maybe the brain just needs lots of sun, s**, food and wine....








Anyway the old git is really enjoying some of the last days of one of the last years of his life.

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 podski 
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It would appear that holidays really do work, or maybe the brain just needs lots of sun, s**, food and wine....

Please pass on our sympathy to Mrs Fink. It must be awful for her. At least it's sunny !!




p

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 ratfink 
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Please pass on our sympathy to Mrs Fink. It must be awful for her. At least it's sunny !!




p

She's never been much of a swimmer, but she's a martyr to everything else.

Anyway, arriving back at 02.30 after an 8 hour flight delay has put paid to any more of that fun and jollity. Bah! Humbug!

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 ratfink 
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Firstly, Happy New Year and best wishes for good trading to one and all!

I got back into the action a little earlier than expected today, mainly to do some straight price-action only tests using just the broker platform (no eSignal, no Ninja, not an indicator in sight) and also to restart my Sprint Markets project as I have really missed it. A tough ask it may be, but it is my style and after a lot of pondering I now know that for sure.

Only 4 trades - 3 winners, 1 loser - so a decent kick-off for an effective +28T.

My resolve is clear - make Five A Day and the Sprints work for a year. I failed to handle the EQ after the hiccups and personal stress last November but am greatly looking forward to building on a good base for 2014.

I don't think I need any more rules or technicals or a different approach - I simply need to minimise distractions and steal a certain somebody's discipline and consistency and make it my own. As always, time will tell...

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 ratfink 
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Five Dax Sprint trades, 5 winners, net equivalent +80T.

Stayed calm, stuck to the rules. Simply used price action and 50% retracements on a 1 minute candle chart together with the Sprint line chart. I have a real dilemma now - do I restart eSignal/Ninja or not? Crumbs, maybe I just realised that I have spent all my time writing code and watching pretty charts instead of actually looking for trades...

Anyway, it's a Friday and 11 stations on Train of Thought is a real bugger for now, so that's me done for the day and time to hunt for food.

Will be pondering but have a great weekend.

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 ratfink 
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A well deserved and rewarding pint of Theakston's to be precise.

I had set myself a 90 day target and smashed it early this evening - Lumosity has simply become part of the job. Last week it seemed to have helped me get into a trading performance zone I hadn't been in before and it will be interesting to see how the other curves play out this year.

I will be looking out for the psychology management to keep pace, avoid the major emotional disasters and stay on a level track for the long haul through the year. Yeah, Right.

Anyway, not bad for the old sod on this dimension:











Cheers

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 Daytrader999 
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A well deserved and rewarding pint of Theakston's to be precise.

I had set myself a 90 day target and smashed it early this evening - Lumosity has simply become part of the job. Last week it seemed to have helped me get into a trading performance zone I hadn't been in before and it will be interesting to see how the other curves play out this year.

I will be looking out for the psychology management to keep pace, avoid the major emotional disasters and stay on a level track for the long haul through the year. Yeah, Right.

Anyway, not bad for the old sod on this dimension:

Cheers

Hey ol' man, you've knocked the ball out of the park !

I'll come and catch up with you...maybe still during THIS year...

Enjoy your beer, you really deserved it !

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 ratfink 
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Done for the morning session with 6 Sprint trades, 4 winners, 2 losers for net +24T.

A fair enough result but I took a family phone call mid-session then felt a rush of blood to the head and know it's time to stop when I realise I've lost count of the number of trades. Overconfidence and distraction are never far away from a trader's patch and I could tell that I was starting to look for things to be there - as opposed to trading what was there.

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 xelaar 
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i need to give it another try


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A well deserved and rewarding pint of Theakston's to be precise.

I had set myself a 90 day target and smashed it early this evening - Lumosity has simply become part of the job. Last week it seemed to have helped me get into a trading performance zone I hadn't been in before and it will be interesting to see how the other curves play out this year.

I will be looking out for the psychology management to keep pace, avoid the major emotional disasters and stay on a level track for the long haul through the year. Yeah, Right.

Anyway, not bad for the old sod on this dimension:











Cheers


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 GFIs1 
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Done for the morning session with 6 Sprint trades, 4 winners, 2 losers for net +24T.

A fair enough result but I took a family phone call mid-session....

Hi @ratfink
Congrats - your trades 2014 are showing results in the right direction
As of distractions during the trade... - hmmm - I have to say:
"CONSISTENCY only comes WITHOUT distractions ;D

Have a great 2014!!
Enjoy every minute
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 ratfink 
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As of distractions during the trade... - hmmm - I have to say:
"CONSISTENCY only comes WITHOUT distractions ;D

Yes, this is a huge factor for me, I have to find the focus that stops me reading or looking at anything else, maybe for just a solid one or two hour slot at a time, nothing else allowed (even futures.io (formerly BMT)!)

2014 will now be determined by whether I can get the psychology into any sort of controlled shape, unfortunately I haven't yet found the Psychosity site.

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 ratfink 
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No surprise it's here.



Raw daily chart.

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 ratfink 
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Done for the afternoon session, added a further +22T, although as the number of trades was not in single figures we don't need to discuss that here.

Maybe it's more like a Psychocity site I need, but we'll consider this session as part of the 'to trade raw' or not evaluation. I do miss the pretty radars so the jury is still out, my guess is they'll be back next week.

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 ratfink 
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Limited trading due to long distance family travels for the last day and a half, after a bit of a wild experimental session early Tuesday morning had confirmed the ever present need for mechanical shackles..

However, this morning I continued calmly with the platform only evaluation and, with Dax stuck in a 15 point range for 90 minutes, I managed 15 two minute Sprint trades, 10 winners, 5 losers for a net +60T.

I'm reaching the conclusion that it has been a useful experiment but, while I can read the micro price action very well, I am still much compromised for location selection without the extra radars. Even then my main issue is handcuffing the inner gunslinger and I will always need to find and keep the big D. A +60T result sounds fine but without the Discipline it's fragile and the inverse R:R Sprints are hard work and Deadly.

I am slowly learning how to remember the feeling of calmness that is usually present when I do put on winners, there is definitely an inner stillness that is so, so different.

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 ratfink 
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Still just bare chart eyeball testing and done for the morning with 16 Sprints, 10 winners and 6 losers for +40T.

Have just compared that win rate (62%) with last October when I was using my full system and getting 59%. Shows the value of 3 years coding, not.

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 GFIs1 
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Have just compared that win rate (62%) with last October when I was using my full system and getting 59%. Shows the value of 3 years coding, not.

Hey ratfink - Here the only 3C to consider:

Code it - hmmm no...
starting over

Consistent wins
Cash In
Count all gains

Good trades in 2014!!
GFIs1

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 ratfink 
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Hard work for scraps today, I never really felt in sync and went down -70T at one point, had to really grind it out to finish up just +8T. Way too many trades as usual but good experience recovering it.

I know from past situations (exams, large drawdowns, trade shows, etcetera) that I am at my best when under pressure, shame it can't just be fun instead. Maybe one day I'll stop being a disaster when presented with a green field and open reins.

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 GFIs1 
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Hard work .... to grind it out

Hey RAT
take it easy!! DO NOT TRADE on Tuesdays...

GFIs1...
.. Thursday's as well

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 ratfink 
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Hey RAT
take it easy!! DO NOT TRADE on Tuesdays...

GFIs1...
.. Thursday's as well

Just tell me the next ten Wednesday 80 point shorts and I'm done for the year then.

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 podski 
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Just tell me the next ten Wednesday 80 point shorts and I'm done for the year then.

Ratfink

It's today, and then using a fibonacci sequence 1, 1, 2, 3, 5 ....

It is every 1st , 2nd and then 3rd alternating Wednesday counting from St. Swithuns' Day, backwards, but you have to exclude Chinese New Year (use the Ethopian Calendar though) and then add in the regular rules to exclude noise.

You are DONE !!

:-)

p

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 ratfink 
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You are DONE !!

:-)

p

I knew it wasn't hard.

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 ratfink 
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Another claw-back-from-the-depths draw, finished +18T in the Sprint account and just one -10T stop out in the main account. Was in and out on jobs and errands all day though so can't complain too much. Looking forward to restarting the main system but I might tough it out until the end of January just to get a full month's record with raw p/a only. Dunno yet, I really miss my volume and breadth gauges on days like this but I'm still not sure if it's just a comfort blanket thing...

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 ratfink 
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Finished the morning Sprints with +38T. Now just restarted eSignal and built a greatly cut down Ninja layout that I will use for the remainder of the year. Missed the pretty things too much.

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 ratfink 
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Great to get the main system back and running and prove that I can completely ignore it just as well this year as last. Messed around late yesterday afternoon and gave back all the morning's gains, then managed a bit fat zero between the two accounts in the session just ended.

To be fair Dax is currently somewhere between a bucking bull and a right mardy mare but that's no excuse for my still clinging to the need to force trades out of nowhere, my obstinate persistence is unreal.

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 podski 
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Welcome back from the betting shop ...



p

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 ratfink 
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Welcome back from the betting shop ...



p

Hmmm, sadly well observed. We'll see how reality goes next week, sans Sprints and returning once more to that elusive quest for R:R. Bugger.

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 ratfink 
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GFIs1 View Post
PS: Trading is NOT a 100m race...
It IS a MARATHON



podski View Post
1. You are wandering ... ES, 6E - WTF? It's all OK for a general look around, you have no business trading more than one instrument. Don't do that.


After a long review of my journal, advice received from friends and my own thoughts from the weekend I have realised that I have lost focus for many months now. I have a system that is built for micro-turns and not decent trends and I chop and change styles/markets/plans at the drop of a hat - it could be said that this is just another hat, but I think it's a bigger one. Top hat or sombrero I don't yet know.

Plan:

a) Strictly no more Sprints, in fact use only ONE trading account. Find an entry into a trend and let the trade take care of itself, it works or it doesn't. The job is to make money, it has no other purpose. Enjoyable days are just an added bonus.

b) One instrument only - Dax, strictly enforce this by removing all US market data from my eSignal feed. Stop playing 'analysis == trading' games - it doesn't and posting pretty pictures that have no money attached is pointless.

c) Re-engineer my system to focus on trends and important areas, not my current 'track every squiggle and time it' approach. Get out and stay out of the betting shop once and for all. Stop being a counter-trend sucker, the Sprints have made this much worse.

d) Don't trade at all if the R:R isn't there.

e) Don't trade at all if my head isn't there.

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 patidar 
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Stop being a counter-trend sucker, the Sprints have made this much worse.


kills me many a times...lost track.

 
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WillSmithRules
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Stop being a counter-trend sucker, the Sprints have made this much worse.


kills me many a times...lost track.

Ive given away a few accounts trying to snag tops and bottoms... Gotta trade the trend with pullbacks and retracements.... I no longer have the guts to stand in front of a strong move!


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