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MrMojoRisin's Journal

  #111 (permalink)
 
MrMojoRisin's Avatar
 MrMojoRisin 
Graz/Austria
 
Experience: Beginner
Platform: Sierra Chart
Trading: YC, YW, YK
Posts: 385 since Apr 2021
Thanks Given: 91
Thanks Received: 244


mnqfisherman View Post
No EMA?

I got your entire post via e-mail.
I understand from which point of view your are speaking and why you deleted it, but you gotta be more careful.
Don't try to lecture me on my approach, without having a deep understanding of what I'm trying to accomplish and having yourself no experience with real money-trading.

I'm not trying to be mean, but take a look on the https://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect.
Everybody has it and in trading it's especially a huge thing. I'm not excluding myself in still overestimating my "expertise", but without a degree of humility as a general personality trait, the market will force you to develop that trait and it has no mercy taking your money for the lessons.

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  #112 (permalink)
mnqfisherman
Redlands, CA
 
Posts: 12 since Jul 2021
Thanks Given: 1
Thanks Received: 1


MrMojoRisin View Post
I got your entire post via e-mail.
I understand from which point of view your are speaking and why you deleted it, but you gotta be more careful.
Don't try to lecture me on my approach, without having a deep understanding of what I'm trying to accomplish and having yourself no experience with real money-trading.

I'm not trying to be mean, but take a look on the https://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect.
Everybody has it and in trading it's especially a huge thing. I'm not excluding myself in still overestimating my "expertise", but without a degree of humility as a general personality trait, the market will force you to develop that trait and it has no mercy taking your money for the lessons.

I didn't know it worked like that. Sorry about that MrMojoRisin. Judging from what you wrote to me on my thread, I figured what I was writing you sounded beneath you so I changed it.

Kruger Effect was interesting, thank you.

Do you use EMA?

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  #113 (permalink)
 
MrMojoRisin's Avatar
 MrMojoRisin 
Graz/Austria
 
Experience: Beginner
Platform: Sierra Chart
Trading: YC, YW, YK
Posts: 385 since Apr 2021
Thanks Given: 91
Thanks Received: 244



mnqfisherman View Post
I didn't know it worked like that. Sorry about that MrMojoRisin. Judging from what you wrote me on my thread, what I was writing you sounded beneath you so I changed it.

Kruger Effect was interesting, thank you.

Do you use EMA?

I did play around with a 200 SMA on a 60min chart a bit, but don't really like indicators/oscillators that are curvy on my chart. I tend to see price action more in an angular fashion and in steps up and down, so I'm trying to not distract me with moving averages too much.

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  #114 (permalink)
 
MrMojoRisin's Avatar
 MrMojoRisin 
Graz/Austria
 
Experience: Beginner
Platform: Sierra Chart
Trading: YC, YW, YK
Posts: 385 since Apr 2021
Thanks Given: 91
Thanks Received: 244

Monday July 26th

Exit Trade #48 / DBK-IBIS

Daily


60min


Loss: -0.1P

__________________________________________________________________________________________

Entry Trade #51 / AR / 3rd Entry


60min


10min


That's a case of a significantly lower low on the 60min I'm undecisive if worth to trade. For now I take them to be "in touch with if they work"

__________________________________________________________________________________________

Entry Trade #52 / DBK-IBIS / 2nd Entry

60min


Out-stopper from the morning

__________________________________________________________________________________________

Moved stops in BCRX, AQUA, SRC and DXC.
Had 4 short-orders prepared, but they were not reached yet

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  #115 (permalink)
 
MrMojoRisin's Avatar
 MrMojoRisin 
Graz/Austria
 
Experience: Beginner
Platform: Sierra Chart
Trading: YC, YW, YK
Posts: 385 since Apr 2021
Thanks Given: 91
Thanks Received: 244

Tuesday July 27th Part1

Almost a bit overloaded today. But like the "authorities" in the Milgram-Experiment used to say: "The experiment has to be continued!"

Entry Short-Trade #1 / IOVA

60min/Daily trend trade

Daily


60min


____________________________________________________________________________

Entry Short-Trade #2 / FLR


60min


10min


_____________________________________________________________________________

Exit Trade #43 / BCRX


60min


10min


Moved stop once
Win: +0.3P

_____________________________________________________________________________

Entry Trade #52 / CNP / 4th entry


60min


10min

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  #116 (permalink)
 
MrMojoRisin's Avatar
 MrMojoRisin 
Graz/Austria
 
Experience: Beginner
Platform: Sierra Chart
Trading: YC, YW, YK
Posts: 385 since Apr 2021
Thanks Given: 91
Thanks Received: 244

Tuesday July 27th Part 2

Entry Short -Trade #3 / GOGO / 1st entry

60min


10min


________________________________________________________________________________________

Exit Trade #46 / SKIN


60min


10min


Loss: -0.24P

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  #117 (permalink)
 
MrMojoRisin's Avatar
 MrMojoRisin 
Graz/Austria
 
Experience: Beginner
Platform: Sierra Chart
Trading: YC, YW, YK
Posts: 385 since Apr 2021
Thanks Given: 91
Thanks Received: 244

Wednesday July 28th

Exit Short-Trade #2 / FLR


10min


Loss: -0.34P
(short trades only with 1/3 size for now)

________________________________________________________________________________________________________

Entry Trade #53 / RRC / 2nd Entry


60min


10min


________________________________________________________________________________________________________

Not very focused on trading today. Piece after piece I start to understand what is going on. I've been raised and still am in a narcissistic family. So many things suddenly start to make sense and I'm unbelievably grateful that I understand the situation better and better the longer I have no contact with them.

I want to give a memento to a person here:

R.I.P. Johann Steirer
You died way too early! You were the only noble soul I've ever got to know in this family! Unfortunately you didn't understand what I start to understand now and you had to turn to alcohol to endure the suffering.
I was only 10 when I got home after school and they told me you didn't make it. They weren't mourning you, they were mourning the loss of the role you had to fill in the family.
To my downfall, I was the one chosen to replace you!

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  #118 (permalink)
 
MrMojoRisin's Avatar
 MrMojoRisin 
Graz/Austria
 
Experience: Beginner
Platform: Sierra Chart
Trading: YC, YW, YK
Posts: 385 since Apr 2021
Thanks Given: 91
Thanks Received: 244

Thursday July 29th

Exit Trade #51 / AR


60min


10min


Loss: -0.37P
___________________________________________________________________________________________

Entry Trade #55 / RWT / 2nd Entry


60min


10min


____________________________________________________________________________________________

Not very focused on trading today. Educating myself on narcissism. The question is, if I should go back in and try to outsmart her to prove that she's a liar, or if I should just walk away. Very wicked situation!

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  #119 (permalink)
 
MrMojoRisin's Avatar
 MrMojoRisin 
Graz/Austria
 
Experience: Beginner
Platform: Sierra Chart
Trading: YC, YW, YK
Posts: 385 since Apr 2021
Thanks Given: 91
Thanks Received: 244

Friday July 30th

Entry Trade #56 / AIV / 1st Entry


60min


10min


__________________________________________________________________________________

Exit Short Trade #3 / GOGO


60min


10min


Loss: -0.36P

___________________________________________________________________________________

Impossible to focus on trading! I start to understand what she wants to accomplish with certain behaviours. The last time she tried to provoke me to do something very impetous and probably she has already told so many lies about me, that nobody ever would believe me. I'll escape as fast as I can!
The Lord is my shepherd and will guide me through this!

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  #120 (permalink)
 
MrMojoRisin's Avatar
 MrMojoRisin 
Graz/Austria
 
Experience: Beginner
Platform: Sierra Chart
Trading: YC, YW, YK
Posts: 385 since Apr 2021
Thanks Given: 91
Thanks Received: 244


Monday August 2nd

Just managing stops at the moment

DXC


Moved stop in DXC which did a humongous spike with heavy volume out of nowhere today.
I hate neglecting trading, but it's more important to arrange my life in a way that I can get peace of mind, because without it, it wouldn't work out anyways....

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