DislikedYou can have freedom too - the freedom to stare at your screen 24/7 looking for 'setups' and then cursing when you miss them by a pip or two: you went for a pee, damn missed it, you answered the phone, again goddamit! You fell asleep at 3AM arghhh! Then you found the ideal 'setup' hit the trigger button with your tight stop and 1% risk and...lost 1%, and then lost 1% again, and then won 0.5% and then lost 1% and then won 2% and then lost 1% and lost 1% and lost 1% and then, here it comes it's up 4% I'll move my stop to b/e and let it ride and won...Ignored
The magical mystery tour of the divine markets
- #183
- Edited 10:03am Feb 11, 2014 9:43am | Edited 10:03am
Things required to have a chance of being profitable.
Costs to tend towards zero (how?)
Stops unlikely to be hit, they are for disasters not trade management (how?)
Losses to be kept small (how?)
Size of wins to be increased (how?)
Psychology: you have to not give a sh1t (how?)
The line from last night and where was an entry? Too much 
Of course the downward magic bar may be of some concern but there again...not really.
Did I get up at 5 am to watch the market? No. Was I sitting here waiting for a perfectly timed, perfect entry? Err..no!
Did I enter at the line? No
What did you do?
Well I got up, saw the time and knew that London was open.
I went for a pee and scratched my balls then went downstairs and drank a pint and a half of water.
Then I opened the lid on my laptop, re-entered the password on my terminal and had a quick look.
Yeah, its wicked the line, long it is then.
Worked out size, position on, now for some food and some more bodily eliminations: you know..LIFE
I'll check it in a while.
Only of concern with this run since the bottom is that the pullbacks to buying areas have been relatively shallow and there's only been 2 so far: there hasn't been much chance to size up. The run may only end in a small profit this time.
Of course the downward magic bar may be of some concern but there again...not really.
Did I get up at 5 am to watch the market? No. Was I sitting here waiting for a perfectly timed, perfect entry? Err..no!
Did I enter at the line? No
What did you do?
Well I got up, saw the time and knew that London was open.
I went for a pee and scratched my balls then went downstairs and drank a pint and a half of water.
Then I opened the lid on my laptop, re-entered the password on my terminal and had a quick look.
Yeah, its wicked the line, long it is then.
Worked out size, position on, now for some food and some more bodily eliminations: you know..LIFE
I'll check it in a while.
Only of concern with this run since the bottom is that the pullbacks to buying areas have been relatively shallow and there's only been 2 so far: there hasn't been much chance to size up. The run may only end in a small profit this time.
- #191
- Feb 12, 2014 4:36am Feb 12, 2014 4:36am
- Joined Oct 2012 | Status: Trade Small, Win Big | 4,988 Posts
Don't forget to use pippettes and count them as pips when you close trades to lure in the next newbie!
If you are good at something, never do it for free--Joker
What market?
And that chart in its own, with no context means bog-all - I see an indi derived supply zone at the top - HOW was it created (I don't know I can't see, therefore it may be bullsh1t), market opens and closes, I pay scan regard to them other than knowing which hours I'm awake and which market is in session. Your boxes - from that one chart alone I can't see how you've drawn them and what you are comparing to what.
But apart from that, short seems to be the way
And that chart in its own, with no context means bog-all - I see an indi derived supply zone at the top - HOW was it created (I don't know I can't see, therefore it may be bullsh1t), market opens and closes, I pay scan regard to them other than knowing which hours I'm awake and which market is in session. Your boxes - from that one chart alone I can't see how you've drawn them and what you are comparing to what.
But apart from that, short seems to be the way
Don't forget to use pippettes and count them as pips when you close trades to lure in the next newbie!
For the uninitiated - if you're on a 5 digit broker, that cross hair thingy in MT4 doesn't show pips so everything you've been reading off it is in fact
???
b0110cks
- #200
- Feb 12, 2014 5:55am Feb 12, 2014 5:55am
- | Joined Nov 2012 | Status: No Impact Member (bottom 1%) | 741 Posts
What market? And that chart in its own, with no context means bog-all - I see an indi derived supply zone at the top - HOW was it created (I don't know I can't see, therefore it may be bullsh1t), market opens and closes, I pay scan regard to them other than knowing which hours I'm awake and which market is in session. Your boxes - from that one chart alone I can't see how you've drawn them and what you are comparing to what. But apart from that, short seems to be the way
SupDem D1 zone at top (I have it on but check if the zone is correct in my opinion and look for zones the indy didn't paint)
The blue boxes represent consecutive H4 bull candles, pink are bear. (momentum, down in this case)
By the way, it fell and keeps falling:
