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"AUSSI" my thread and anything I want to put here

Quoting mrPB
{quote} good call. got burned on wpivot longs because I ignored the candle size. thought 800 EMA, wpivot and DS2 was enough for a bounce
Maybe there will still be an opportunity to minimize the damage. Tricky time, big boys on the block and they take whatever they want. WL3 looks tasty, not only because of the level but also because of what was on the left.
Fear is the mind-killer.
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through WP and at Dh5 seemed like a good combo for a quick bite
Quoting MrJoker
{quote} Maybe there will still be an opportunity to minimize the damage. Tricky time, big boys on the block and they take whatever they want. WL3 looks tasty.
already took the loss. still have memories of burned out accounts because I held and hoped for the best.

down what amounts to 4 11.2 trades today, even lost money going short

not a great start to the week

for fucks sake
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Quoting mrPB
{quote} already took the loss. still have memories of burned out accounts because I held and hoped for the best. down what amounts to 4 11.2 trades today, even lost money going short not a great start to the week for fucks sake {image} {image}
It sucks, I know. I don't like starting the week this way either because then I'm grumpy all day long. Well, today there will be an opportunity to make up for your losses and you have a whole week ahead of you.
Fear is the mind-killer.
Quoting MrJoker
Big candle so no longs at DL5.{image}
did you start shorting as soon as it went up there or did you wait for the candle to close first?
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I tried to buy arround 1973 and crushed, now tring again, already did -10% of the challenge so as the last weel was breakeven, now underwater
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rip and tear until it's done
Quoting mrPB
{quote} did you start shorting as soon as it went up there or did you wait for the candle to close first? {image}
When it got to the MA I started shooting. We quite clearly pierced DL4 and there was still plenty of room to DS2/WP.
Fear is the mind-killer.
Quoting MrJoker
{quote} When it got to the MA I started shooting. We quite clearly pierced DL4 and there was still plenty of room to DS2/WP.
thanks. "thought" of shorting up there but didn't do shit

I know following the trend is by far the easiest to do, but I still struggle with it for some reason

right now I'm "thinking" this is a good area to short next, but that wick looks dangerous and we might be done going down
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Quoting mrPB
{quote} thanks. "thought" of shorting up there but didn't do shit I know following the trend is by far the easiest to do, but I still struggle with it for some reason right now I'm "thinking" this is a good area to short next, but that wick looks dangerous and we might be done going down {image}
Yes, it would be wise to wait for further developments. WL3 is quite an obvious place where we "should" go next, but in this business obvious things don't usually happen.
Fear is the mind-killer.
Quoting MrJoker
{quote} Yes, it would be wise to wait for further developments.
thanks Joker. not trying to have you on speed dial just frustrated with my trading today
Quoting mrPB
{quote} thanks Joker. not trying to have you on speed dial just frustrated with my trading today
No problem mate, I have plenty of time to chat today and you are one of those who wants a fishing rod, not a fish, so I'm always happy to talk.
Fear is the mind-killer.
Quoting MrJoker
{quote} It sucks, I know. I don't like starting the week this way either because then I'm grumpy all day long. Well, today there will be an opportunity to make up for your losses and you have a whole week ahead of you.
You're right, thanks.

Just gotta get over my chickenshit trading. got up to around 0.08 and burned down 80% of an account so now I hop out of winners as soon as they go just a tiny bit against me. been doing it for weeks and it's doing my head in.
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Quoting mrPB
{quote} You're right, thanks. Just gotta get over my chickenshit trading. got up to around 0.08 and burned down 80% of an account so now I hop out of winners as soon as they go just a tiny bit against me. been doing it for weeks and it's doing my head in. {image}
It's hard for me to advise you here, you have to figure out for yourself how much DD you can afford, everyone has a different style. The most important thing is not to allow yourself too much... this will come with time and experience. For example - on a day like today when the direction is quite clear, I allow myself more than during a day when we jump up and down all day long.
Fear is the mind-killer.
Risky round, Don't feel bad if you didn't take it.
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Fear is the mind-killer.
Quoting MrJoker
{quote} It's hard for me to advise you here, you have to figure out for yourself how much DD you can afford, everyone has a different style. The most important thing is not to allow yourself too much... this will come with time and experience. For example - on a day like today when the direction is quite clear, I allow myself more than during a day when we jump up and down all day long.
that makes a lot of sense. hard to lose money on a day like today if you just focus on shorts until they start taking it the other way (usually when NY wakes up)

easier said than done though, for me anyway

Quoting MrJoker
Risky round, Don't feel bad if you didn't take it. {image}
I did.. on a demo account stopped trading live for today after those awful trades. don't wanna make it worse than it is
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Quoting mrPB
{quote} that makes a lot of sense. hard to lose money on a day like today if you just focus on shorts until they start taking it the other way (usually when NY wakes up) easier said than done though, for me anyway
Exactly, easier said than done. I remember that such days used to be the hardest for me and now I think, how?!
Fear is the mind-killer.
Quoting MrJoker
{quote} Exactly, easier said than done. I remember that such days used to be the hardest for me and now I think, how?!
love that I'll stay at 0.01 and figure it out. I clearly saw that it was a down day early on, but other parts of my brain are putting up a fight
Quoting mrPB
{quote} that makes a lot of sense. hard to lose money on a day like today if you just focus on shorts until they start taking it the other way (usually when NY wakes up) easier said than done though, for me anyway {quote} I did.. on a demo account stopped trading live for today after those awful trades. don't wanna make it worse than it is {image}
are you up for the 10% profit challenge?
rip and tear until it's done
Quoting sisucoro
{quote} are you up for the 10% profit challenge?
Nah I don't think a daily profit goal is good for me right now. Excited to see if it works for you guys though.
Quoting mrPB
{quote} Nah I don't think a daily profit goal is good for me right now. Excited to see if it works for you guys though.
you are right here, it can make one feel as a failure even in green because the "target"wasn't reached or underperform and get less becuse the target it's acomplished, I'm making it because It's needed for me because gaves me an objective, I went too confortable with sit down and wharever happens mindset, so trying harder it's turning good prescription for me
rip and tear until it's done
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