I'm going to take the last day of this week off, need to sleep. I stayed up extra late to go do some things and now I'm off schedule.
So overall I missed that big move yesterday that could have given around +60 with following my stop as I would, and who knows about today, maybe I'd take a hit but I'd like to assume I'd come out with at least something positive (like yesterday starting with a loss), so what this means is I think the last two weeks are on par afterall.
If I'd been paying more attention I could have been currently sitting at +160 for this week including a loss and at least 3 break evens, and there's still a day to go. Last week I had +165. So I'm still ok with my method and next week I hope to again maintain this average.
It's still labor intensive to sit there waiting for all the moves, and as I demonstrated yesterday sometimes even if I'm doing that, I can miss one by missing one candle's close (where a new peak is finally formed) and then not being there in time to set a pending new order. I'm still on a side journey to trade longer time frames and make this scalp more of a hobby or supplement to another pip generator.
Even with taking in that many pips with relatively consistent wins for two weeks, I'm still making stupid mistakes that we all know not to make but do it anyway, which is surprising after all the time I've been looking into this and now finally getting somewhere. It's a discipline issue. I think I do have to print out a mantra and stick it on the wall where I can see it while trading.
So overall I missed that big move yesterday that could have given around +60 with following my stop as I would, and who knows about today, maybe I'd take a hit but I'd like to assume I'd come out with at least something positive (like yesterday starting with a loss), so what this means is I think the last two weeks are on par afterall.
If I'd been paying more attention I could have been currently sitting at +160 for this week including a loss and at least 3 break evens, and there's still a day to go. Last week I had +165. So I'm still ok with my method and next week I hope to again maintain this average.
It's still labor intensive to sit there waiting for all the moves, and as I demonstrated yesterday sometimes even if I'm doing that, I can miss one by missing one candle's close (where a new peak is finally formed) and then not being there in time to set a pending new order. I'm still on a side journey to trade longer time frames and make this scalp more of a hobby or supplement to another pip generator.
Even with taking in that many pips with relatively consistent wins for two weeks, I'm still making stupid mistakes that we all know not to make but do it anyway, which is surprising after all the time I've been looking into this and now finally getting somewhere. It's a discipline issue. I think I do have to print out a mantra and stick it on the wall where I can see it while trading.
"Support and Resistance either holds or it doesn't."
-Anonymous hillbilly