Billytt Die happy trading e/j daily breakout

You can throw darts as long as you haven't been...

It's not moving. Looks like another -30. The low broke first and not even came to a +8 (to move the break even sl). Then it broke the high again and didn't go anywhere.

Now this is already H1 and no more M15. A total joke...

Peter and the test tube babies...?!!! Whatever next?!

A major part of that edge comes from feeling good about yourself and the market you trade?

Sorry couldn't resist... Innnnn one!



God I can't stop watching them, what have I done?!

omg

This is the star prize gamble. ... help me.......!!

i did two trades today for +56 pips (first short and second long) with a simple buy/sell the breach of h1 bar.

i think claudia showed this and others also discussed it a few months ago. thx for this.

of course in the long run it wont work every day so good, but today paid off ;-)

you did well bud.
My Pcs are turned off now, but your chart looks good.
Pri usually goes somewhere after a slow period, even if it takes a day or two.
Nice one.

The +15 on the second high break now would have been reached. Think there was news coming out probably leading to some movement/volatility.

Anyways it looks like that I first would have been stopped out (14.6 Pips down it went before) so it doesn't matter what it did after that. Still would end at -30 Pips for the max. of 2 entries at -15 Pips that I would be willing to risk per single day.

My plan looks weak to even end up at a consistent 5 Pips at the end of the month. December seemed to be profitable maybe has been an exception. It looks the current month is going to end up negative doing what I do. Not counted all days yet and still Monday to go. Maybe not much negative but still not good enough to be then able to withdraw a 5% without making the account any much smaller for the next month.

The average wage here in my country is about 4k before tax for doing a regular job not having to risk money at day trading at all... That's 48k per year. So on a 100k account consistently averaging about 50% a year or around 5% per month it could be done. But that's the bare minimum. You actually would want to make twice if not 3 times than that to have a buffer for days not going well.

Now if you are a one man business man/women trading home alone and your plan needs to be executed each and every day to end up at x by the end of what ever period you get suddenly sick it could become already a serious trouble just to survive.

I don't know. Is there anyone actually here having a real PLAN and realizing trading for a living, having 2-3 years of consistent results like the ones mentioned above, following some trading plan that can actually be repeated? (I mean not that ping-pong trading out of the mess, martin gale, maybe this / maybe that kind of "trading" after doing some esoteric chart-reading on my own discretion every time before I enter or exit an order).

I feel totally lost and don't want to keep wasting my life time with something just not working or probably not even exit.

Anyway nice chatting like always here otherwise. I like Darts too

The only thing i seem to have figured out for myself is that i am not comfortable with any kind of swing trading or having to monitor/trade multiple different instruments, charts opened at then perhaps even multiple time frames and all that. I mean great if that works for people but to me this is only even a bigger disaster then. I tried for 2 month now demo trading with bigger profit targets while not exiting trades too early and also not having so much strict/clear rules or limits of how many entries I would do per day at a certain % risk. I am about -30% with with that at the moment having executed about 70 orders over multiple forex pairs. I had floating drawdown up to around -20%. So definitely not working any better than my day trading with one specific forex pair like GBP/USD.

I hope this is not too negative again but just thinking it positive doesn't pay the bills either

Wish a nice weekend to all of you.

Punk and Oi forever!

Agreed, and I'm getting there. I've been trading TooSlow's 123 and HOLO (trading lines), after years it's starting to make sense. I liken it to fishing; if you don't believe your going to catch one on the next cast, you can't carry on!

It begins to stick to you eventually, survival of the fittest...

Having said that.
I am sure you wouldn't fish blind.
You know, check the water, look for signs of fish then fish, that info is crucial.
Same with trading.....

Have a good weekend all.
Next week we'll do it again.
Weekend weekend Bring It On.......

Yes, absolutely!

Yes, absolutely!

just checking everyone is ok.
i see we had a Cable 68 range yesterday Fri.


i am going to a dance later. (((WITH MY EX WIFE))) a guy who can dance jive is like gold dust, wife knows she will be dancing all nightl lol.

Yep all good although I found myself at 5.45 am looking at GU charts…. I must get a life…

Also moved a ton of earth in the garden.

Enjoy the dancing

Good weekend to everyone!

Have a good week guys and gal.
Let's do it again.