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 !!
Last edited by podski; January 15th, 2014 at 04:03 AM.
Reason: St. Swithun would turn in his grave ...
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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...
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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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.
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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