Going for it

Some of what i write here i also record with video.
The important bits.
So i dont forget.
What i figured yesterday was:
What can i loose?
Where is the SL?
How much can i loose from now before i call it quits for today?

Thats the first and most important.
Right now.
And im keeping it tight, REAL tight.
0, 3-4, 8-9 pips SL thats enough.
If im right, im right.
If im wrong, aint no point chasing that rabbit.

We create all the time.
What we tell ourselves and other people defines us.
What we think about that which surrounds us is VERY important, even though it may seem like its not.
So be mindfull of what you think.
What we think is a powerfull tool, dont use it unwittingly.
Most of our suffering comes from our unwitting use of our faculties.
If we take responsibilty for whats going on in us, pretty much all problems will be dispelled as illusions.
Because we can change what we think.
We can take control.
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Authority works on the principle NOT to think and act in self control.
In authority you blame someone else.
You are just following orders.
That is not taking responsibility for you´r actions.
So often i think that suffering comes from authority backfiring.
Or people not understanding the difference between authority and thinking

I went to the supermarket for lamb chops and potatoes.
Meanwhile as i am walking there i am calculating if there might be time to sell again rather soon.
Automaticaly i can vaguely see the candlesticks of M5 inbetween the ailes of the supermarket.

But its friday... so everything is a bit slooooow.
I dont much like mondays and fridays.
On account of the PA, otherwise i dont give a flying fuck what day of the week it is, doesnt matter at all.
We could have 8, 9 or 49 day weeks for all i care.
2022? What sort of rubbish nonsense number is that?
Based off of some jewish guy who felt like dying on a cross would be a good idea.
So what i dont care about that?
To me its NOT 2022, thats just a meaningless number.
When i started to remember it was 1984.
I can remember 1984.
How i was birthed or created i dont know.

I remember being born, but then the next thing i know i was 3.5 years old.
What happend in between and before i have no clue about generally speaking.
Wienna, 1920s. From there i sort of have lots of memories.
Or i have lots of thoughts expressed from there, which is almost the same.
I have a lot of memories from Greece 399 BCE and roughly 600 BCE.

I do like the 1789-1830 period rather much.
And then its the 1918-1930, i still treasure.
And then its pretty much a gap until 1967 something like that.
Oh and the 1660s was rather cool for a while.

No regret
Its friday 17:35 in Sweden.
Its a pretty cool weather.
Im in front of two screens with a bunch of candlesticks.
And im proud of it.
This is what i want to do and this is where i want to be.

Some history (which might be enlightening to your own efforts)
2008 Me and two friends started a company. We had 9 ideas on how to make money. We investigated and tried all of them. The main thing i got some cash into the company was cleaning windows. Some of those customers we had, the job was a SWEET deal. BIG ASS WINDOWS thats the thing! People think have the idea it takes a long time and is expensive and what ever to clean. But if you have the right technique, which i had learned, it goes in SECONDS. And you charge for each window or the whole job, no matter the time it takes. So 7.000 SEK was my max for a day. But 4.000 was not uncommon. However in Sweden the state wants 3 kinds of tax...
Anyway, one of the ideas we had was trading currencies.

So in 2009 i started trading forex and trying out some indicies and so forth. While we still kept up the window washing and so forth. So in the days i cleaned windows and the nights i traded and looked at systems. The woman i was with at the time was SWEET, but we where drifting apart. So not much loss there.

Back in the days around 2010 i use to trade all day monday-friday and then on the weekends i did analysis of those trades and i looked at so called "systems".
I used to test systems on old data to. Most so called "systems" wherent even systematic enough or described enough to be able to test them at all. When it really gets down to defining the entry and exit, most systems start falling apart and most of them hinge on non defined, unknown subjective judgements.

In 2011 Me and the woman i had been with for 12 years broke up. I went to i live with a friend who was also interested in trading forex (he still is). But he had a regular job. After london close we discussed the days trades and so forth. Also we discussed various systems and had a look at them on old data.

In 2012 i took a break from trading. Moved south. I went into art: Dancing, music, painting, sculpting and such. But it was hard to make a living. And i met a woman. So i took a regular job.

In 2013 At work i started looking at some H1 charts. And i thought "I can do this!" after a few hours of contemplation.
In the summer of 2013 i made BE or some such.

But in 2014 we moved with our new born son. I started working with old people. It was kind of cool sometimes. And then refugees. That was pretty cool. Not much time for trading in there. But still if i had a day off, it traded.

In 2015 shit started go sideways. I remember driving at 100 miles/hour with 3 refugee kids in the back seat, passing a truck JUST IN TIME on the highway. THATS when i realised things where going sideways fast.

So in 2016 we broke up. I took care of our son each other week. That ment i could not work so much the weeks i was with him. Thats when i picked up yoga, every day. I dont remember why but i didnt really trade then.

In 2017 we moved separately to the same area, since our son needed to go to kindergarden we could not live far apart, as we would otherwise have wanted. She wanted to live in Stockholm. I wanted to live on a mountain. So we ended up someplace in between. I took a temporary job as a 4-6th grade school teacher.

In 2018 i stared main character in a play. I worked with handicapped people. Sometimes i made some trades. Sometimes i brought my computer with me to work.
I remember this day i had my computer on the other seat of the car, with MT4 open, watching my orders IN TRAFFIC. When i thought about it i understood that was fucked up. Also i met a woman at a party of an old time friend. She had the ABSOLUTE wrong idea about the whole thing. It did not end well, and quickly.

In 2019 I brought my computer with me where ever i went. I remember walking into a café listening to two carpenters about joining Hells Angels. Meanwhile i was looking at two buy orders on E/U. I taught my son how to shot a bow.

In 2020 I did not bring my computer everywhere. I did not trade much i think. But i started training A LOT. 3-4 hours day. Yoga, running, weights, martial arts, calisthetnics. I went to the forest a lot. I bought an apartment JUST to be able to train the basement right under my apartment.

In 2021 me and a friend spent a lot of time in the forest. A lot happend there. I took my son down the gym and taught him how to bench press and do squats and how to throw the roundhouse kick. I made some trades now and then

In 2022, well less then half of it has gone. But i am better, sharper, stronger and more motivated then EVER. I am wiser, smarter and maybe a little more cynical then ever before. I need 2 hours of training a day to be able to recognize myself and not feel like a lazy fuck. My trading is better then ever. I have the guts (most of the time) to pull the trigger on a shitty, meaningless loss, 3 in row, and still keep my eyes on the intention. Im trying to live cheap and work as little as possible in order to be able to trade and train more.

Yeah, I can average a high win rate some months, definitely pays to keep everything in perspective.

Focus on each trade, and setup.

Do one good trade at a time, then wait and look for the next trade.

Choosing to go for it
I dont generally identify with Alex Becker, he is NOT my kind of guy in general.
But he said something i cant deny and something i can verify by experience.
If you want to be able to concentrate on something, move.
Move away from friends and family.
So that there is not much else for you to do but to concentrate on what it is you have set you´r mind on.
And THAT works.
I mean you will miss them and so on probably.
And maybe for some people this wont work.
But i mean in general, for a lot of people and for me, it has worked.
Multiple times i have contemplated many of my relations.
And many times i have found out that i gain nothing but grief and torment from having anythign to do with them.
Beucase they have theyre life and theyre views which are not compatible with mine.
And there is nothing negative, shamefull or strange about that.
Most people are content being average, normal, predictable.
They cant handle or arent ready for something else.
So why bother them?
And more importantly: Why be bothered BY them?

I spent 12 years with a beautiful, good hearted, kind woman. And i really loved her and she loved me. But she wanted to do things i had no interest in at the time. But more importantly there was not so much she wanted to do. And not so much she was willing to put on the line and risk. When we broke up i thought i was going to be sad. But i wasn´t. I almost felt bad about NOT being sad.

Before that in 1998 i had 4 friends and we hung out a lot. But things where getting... bad in that crowd of friends. They where complaining and bitching at each other about stuff. The atmosphere was not so good. So i stopped hanging out with them. And started hanging out with other people. And i never saw any of them except one of them.

Probably, if i had not done that, i would not even have had a SHOT at trading. And all i ask for is a shot. There cant be no guarantees. Im OK with that.

Zones

I might have traded like this back in the day 2010 when i made 20% in a day.
And just FOR 12 YEARS damnit, trying to put it into an intelligible, systematic way of studying something. Progressively.

I did some counting on that statement. Its cool. I can go on like that.

Now its time for some multi time frame analysis.
Also multiple wave analysis.

So if i reiterate and quite clearly state about my EMPIRICAL, ACTUAL, CLOSED trades. Meaning a big part of modus operandi.
SL 3-13 pip roughly. I dont HOWEVER always wait for that. I READ PRICE CONSTANTLY. Something is always going on.
Normally i real good TP is 20. That depends on day volatility. In 2010 a good TP was 60 pip. But i often close for many, MANY other collected reasons and hunches and what ever.
And i guess having a trade for an hour its seldom a good thing for me.

Many reasons to trade
Sometimes i place a trade because of POTENTIAL. They all have POTENTIAL, but sometimes its the most IMPORTANT aspect and/or reason to TRADE. I think of potential as a sort of emotional impulse from the buyers/sellers, a kind of grudge for losses.

While at other times it may seem im just relaxed and contemplating price. I can do it for about an hour sometimes and then in 1 Second i get up and sell/buy. At the EXACT moment. And if done luckliy and correctly its 20 pip in SECONDS. THAT FEELING is AWESOME! And its a BIG part of why i do it. Nobody can take that away from me. I remember in 2010 when i did im not sure, ´+5% on the account in like 2 minutes.

I guess you can draw your own conclussions. But if they are something other then RETRACE ON 50% of the entire move, then you are simply WRONG.
There is only one conclussion to draw that sticks out at me. And its that one.
If that means its going to give a nice bounce on there next time?
Probably.

So if i clean this one up and add the WHOLE THING in the same chart, all 3 analysis types COMBINED.

Thats CLASSY.
I should think the Fibonacci guys are loosing a bit of theyr spin since they catch this one on the .618 instead of .5
But on the other hand we are still a bit off to drop to the big .5 place as i showed last night.

Thats it, im out.

Im off to work, otherwise i should buy again pretty soon.