Believe I'll quit while I'm ahead, got down early but made a nice comeback late in the session. Green 8 out of the last 9 days.
Total: +62
Effective Total: +34 (with pos sizing)
Total: +62
Effective Total: +34 (with pos sizing)
3
Ratios & Harmonics: a Different Way to Trade
- #38,142
- Mar 8, 2018 11:08am Mar 8, 2018 11:08am
- | Membership Revoked | Joined Jul 2010 | 9,273 Posts
If you fail to plan, you plan to fail.
- #38,143
- Mar 8, 2018 11:10am Mar 8, 2018 11:10am
- | Membership Revoked | Joined Jul 2010 | 9,273 Posts
{quote} You can do it Pjort! I am been trying to learn this for almost nine years... and lost lots on forex... and luckily I found this thread... It is hard to learn by oneself. For the first time somethings are starting to click. All the money that I lost in the past... I just think of it as tuition. But we can't be dropouts.. We must persist until we graduate with good grades. And after we graduate... we have this great career waiting for us. Thanks to Professor. Pip.
If you fail to plan, you plan to fail.
- #38,144
- Mar 8, 2018 11:12am Mar 8, 2018 11:12am
- | Membership Revoked | Joined Jul 2010 | 9,273 Posts
If you fail to plan, you plan to fail.
- #38,145
- Mar 8, 2018 11:13am Mar 8, 2018 11:13am
- Joined Nov 2009 | Status: Trader | 2,232 Posts
Luck has no place in trading. Leave that for the poker table.
- #38,146
- Mar 8, 2018 11:26am Mar 8, 2018 11:26am
Well, Im back on demo this week and it blows my mind how I go from 50% down on my live account in one month to yesterday earning 200+ ticks and today 90 ticks was up 132 ticks but failed to see the larger order flow.
So 3 BE's and overall green with 90 ticks. I now see its okay for your expectation to fail or for you to mix up order flow like I did. You just change your expectation and usually end up in the green. Always follow where the market wants to go. Sometimes I have no clue where it wants to go so I step away for a bit, come back and have a better idea.
So 3 BE's and overall green with 90 ticks. I now see its okay for your expectation to fail or for you to mix up order flow like I did. You just change your expectation and usually end up in the green. Always follow where the market wants to go. Sometimes I have no clue where it wants to go so I step away for a bit, come back and have a better idea.
- #38,148
- Mar 8, 2018 11:44am Mar 8, 2018 11:44am
- | Membership Revoked | Joined Jul 2010 | 9,273 Posts
If you fail to plan, you plan to fail.
- #38,151
- Mar 8, 2018 12:18pm Mar 8, 2018 12:18pm
- | Membership Revoked | Joined Jul 2010 | 9,273 Posts
If you fail to plan, you plan to fail.
- #38,152
- Mar 8, 2018 12:26pm Mar 8, 2018 12:26pm
Just traded short on longer term expectancy with structure and golden zone correction and a couple of 1:1 completions in the area. Got out near structure as it seems to be holding well for now and want to bag some pips early on and not let them all run like yesterday. I know this is slightly against my plan but not too far from it so I am okay with it.
+50 pips
+50 pips
- #38,155
- Mar 8, 2018 12:54pm Mar 8, 2018 12:54pm
Would have recovered my losses but somehow the fear is still there and i have been unable to shake it off so far still up 40 ticks this month but i know i could have done better zzz 
Trade 1: 89T Correction to the 618 plus structure but bear was very aggressive decided to BE early Result: 2
Trade 2: 89T 1 to 1 completion to the downside plus P did not break expectation Result: -22
Trade 3: 89T my rules(at least a 382 correction) is that 4900 is where my SL should be but somehow i convince myself that the swing down from 863 is a clear high clear low. Result: -16
Trade 4: 89T because of what i convince myself earlier i took the swing upwards as break of expectation went in at the 618 Result: 16
Trade 5: 89T saw a test of structure but got scare Result: 1
Trade 6 / 7 : 89T yellow main swing + 1 to 1 completion on the upside but i was scare and BE early again. Result: 0 (would have been a 60 ticks)
Net Result -19
Trade 1: 89T Correction to the 618 plus structure but bear was very aggressive decided to BE early Result: 2
Trade 2: 89T 1 to 1 completion to the downside plus P did not break expectation Result: -22
Trade 3: 89T my rules(at least a 382 correction) is that 4900 is where my SL should be but somehow i convince myself that the swing down from 863 is a clear high clear low. Result: -16
Trade 4: 89T because of what i convince myself earlier i took the swing upwards as break of expectation went in at the 618 Result: 16
Trade 5: 89T saw a test of structure but got scare Result: 1
Trade 6 / 7 : 89T yellow main swing + 1 to 1 completion on the upside but i was scare and BE early again. Result: 0 (would have been a 60 ticks)
Net Result -19
- #38,156
- Mar 8, 2018 12:55pm Mar 8, 2018 12:55pm
- | Joined Nov 2016 | Status: Trader | 1,121 Posts
Two trades today so far
-1 and +53
First one was a AB=CD completion but I realized it was not a good trade and protected early.
Second one started trailing earlier because price was struggling and I didn't want to give it all back for just a few points potential extra profit
-1 and +53
First one was a AB=CD completion but I realized it was not a good trade and protected early.
Second one started trailing earlier because price was struggling and I didn't want to give it all back for just a few points potential extra profit
{quote} You can do it Pjort! I am been trying to learn this for almost nine years... and lost lots on forex... and luckily I found this thread... It is hard to learn by oneself. For the first time somethings are starting to click. All the money that I lost in the past... I just think of it as tuition. But we can't be dropouts.. We must persist until we graduate with good grades. And after we graduate... we have this great career waiting for us. Thanks to Professor. Pip.
Oh thank you,,, so much! As it can be very emotionally both trading but also learning I have few word to say about this matter without being both too sentimental and cocky...
I have myself given some money to the market- though I was told by a true pro trader that I someday would consider it as a well worth lesson.
This guy is Dane Flemming Kozok and his has chapter called "The big Sniper" from the ”Traders of the New Era” by Fernando Oliveira. He is a clever man and funny enough he emphasized alot that I should find my own tradestyle. And take care of the money... hmm...
My own path is that I after two three month researh about trading 5 years ago - was hooked about the phenomenon "tapereading" bc that was what Jessie Livermore always talked about in the book "Reminiscence of a stockoperator"...
So 3 k usd in a future broker account and I was up running with a Ninjatrader setup with Jigsaw om the top. Very easily I doubled the account on the ES but suddenly after starting handling 6-8 contract I lost i all in two days... hmm - more money in the account so wired 3K usd again. And in a week the same thing happend. Dont know if I should laugh or cries... I for sure had the right tools ... and to some extend succesfull... BUT all the money was gone... hmmm "DONT DO THAT AGAIN" is written in my neuron know - and thats maybee my biggest problem now - lets see...
The funny thing is that I really had the right tools from start- but close to zero knowledge. Anyway - this is soon five years ago and a now lot studying and I am here...
Thank you for reading... (danish humor)
Are you profitable? I am not... yet...