Trades that is. Not the recommended intake of vegetables and fruit. Technically of course an Irish Coffee provides the optimum 5-a-day : Alcohol, Caffeine, Sugar, Fat and Water.
Anyway, this is where I will now live after finally plucking up the courage to start a journal. Thanks to all who have gone before for the inspiration and perspiration that has helped me begin the journey, however tentative. I can promise only one thing - that it will be honest. It may well be where I make the Time To Quit decision. Or not. Who knows?
All trades are intraday, usually Dax (cash levels) with occasional Euro or ES. Mostly European trading hours only. Five will be the maximum trades allowed regardless of outcome. I will end a day after 3 losers, 3 winners or just plain acting stupidly. I will try to get the API posting stuff working into here if I can.
In the meantime we'll kickoff with some pretty pictures - here's Dax and ES doing the rocketship thing after the latest influx of paper and ink. I wasn't on board (am usually flat into news.)
(What Harry Scherman would think I cannot begin to imagine. Finished reading 'The Promises Men Live By' (1938) on vacation last week. Managed to get an autographed copy for a tenner. Fabulous book.)
Cheers
Travel Well
The following 8 users say Thank You to ratfink for this post:
Thanks @vvhg and @Big Mike ! The vvScreenShot indicator was a doddle to install in all my charts (such cool remembering, ta!) and works a treat. Now I have even fewer excuses.
I found a focus today and I hope I can carry it forward into the remainder of the year. Guess this is a serious job or none at all.
Strictly psychological work for the last 4 days - painting fence panels in the sun. Am physically trashed but mentally refreshed.
Catching up on futures.io (formerly BMT) posts this morning, one small Dax short off the HWB of the OR for a very tiny scared profit. Should have (a) had the balls to post the trade and (b) held it longer. No change there then. Just looks chop continuation for now.
Short cash Dax at 8224 stop 8244 after possible buying exhaustion spike at a s/t 1.27 reverse swing extension. Suspect trade as above OR, in long trend and in new highs area with no clear setup on ES to correspond so we're looking for a development really and probably should have waited longer.
Just closed out at break-even as took 18 points of heat on stop, it can run without me unless I re-enter on a better setup.
Travel Well
Last edited by ratfink; May 8th, 2013 at 08:00 AM.
Reason: took near max heat on stop
Short Dax cash 8234 stop 8254, possible completed nested wave patterns and repeated choppy nibbling of highs without breakout with ES also at a profit target. If Dax does it will fly and the trade will die otherwise it should start to rollover for a breather.
Trader still lacking patience and lacking respect for trend but interesting first day trying this journal game.
Cash Dax now closed at 8252.29, my Finspreads Germany 30 DFT trade still open (still runs with FDAX outside cash hours) but likely to get stopped soon.
Travel Well
Last edited by ratfink; May 8th, 2013 at 11:37 AM.
Reason: Cash Dax closed
Three poor trades, all early due to lack of patience and with wrong-headed short side bias, strangely only patience and sticking to the rules (no moving stops) allowed me to get out for next to nothing after taking maximum heat. I think that's a plus, at least I've got something to hang a battered hat on.
