My max stop in each trade was 10 ticks, most of them were half that depending on what price action i saw. The trades off the LOD i have 3-4 tick stops on them
It was quite choppy and side ways today, think i got two trades on the run with about 30-40 ticks
The following user says Thank You to greenr for this post:
You are doing quite well. Can you explain why you took the setups? What was loud and clear about this method that made you take those specifically or was it a combination of other methods etc..?
Im going to inbox you a link to my site were i keep a journal, you can see every thing in black and white, it was a combo of my analysis and this method and timing with no fear. Retracemnts levels along with MCADBB`s giving me conformation and haveing that gut feeling edge. I took a $500 winner on sim this morning. i posted the vid on Orin`s jouanl
i have to say i never really believed in FIB levels ect. But i must say i have seen a whole diffrent light the last few weeks. I can almost clearly see were price want to hold and go. I think the combernation of FIB leves with the MCADBB`s works amazing and give me a very clear view of the markets
i must thank you and orin along with henry and horst for your info and there teeaching, wish i come accross this method 5 years ago when i started. Would have stopped alot of lost money and pain thats took me years to over come
To be honest tho, what i have come to learn over the 5 year battle i have been trading is......its all physological
Its only since i have been deeply researching into the mental side of trading that i have actuallt started doing well. Over the last 5 years i spent my whole time learning new methods blaming the markets for my mistakes and then trying to learn more to beat the markets
Only since i have fully understood the mental side of trading and how to train your self to devlope the skilles required mentaly to trade have i started making money
The following user says Thank You to greenr for this post:
Held targets (although they never got hit), updated TP's when picture changed
My entries really sucked today though. I feel like when I hit my irons (golf analogy) then I can't the woods etc..
Tough day mentally and I am over-busy with work, so not much time to focus on trading.
Good job Greenr as you are inspiration. One thing I noticed is that when TF is a moving I do better. I am wondering if my brain requires CL instead of TF, as I have done well in the past on CL but wanted to stay focused. I like faster moving instruments, but I don't think it really changes anything. Bad entries, not holding TP's, etc. will still affect me on that instrument.
The following 3 users say Thank You to bluemele for this post:
Could be true.
Didn't move my stops until way necessary etc.. Perfect.
