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Darren wrote:Hi Michal - I will get back to my journal but I had a new hard drive put into my laptop and haven't loaded all of the software on it yet! Plus I am doing my year end accounts which is a real headache. I shall fire it up again very soon.
Btw, I concentrated on only trading DAX today and missed a huge amount of very good setup's, but I still had one of my most profitable days for a long time!
Let me re-write your statement. I don't know if you do understand but there is one hell of a great message here. I've been trying to tell myself and others. In Trading LESS IS MORE.
I concentrated on only trading DAX today and missed a huge amount of very good setup's, but I still had one of my most profitable days for a long time!
You have no idea for sure, how much this makes me happy! i'm over the ploto
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
I totally agree that less is more. The reason I traded 4 pairs on M1 is because the lack of daily range was making it harder to get good trades, but if Dax continues its moves like it has done then I am very happy to reduce to just the Dax on M1.
Long may it continue moving like it is doing at the moment!
Darren wrote:This morning trades. I should have stuck with the trend on GU but tried to be clever. Could of worked out!
Most important point here is this. If you had taken half the profits already then why the need to hit the peaks? just let it run... because taking half reduces your profits initially but in the long run allows you to let it run and hit bigger waves... oh well NEXT
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
Darren wrote:This morning trades. I should have stuck with the trend on GU but tried to be clever. Could of worked out!
Most important point here is this. If you had taken half the profits already then why the need to hit the peaks? just let it run... because taking half reduces your profits initially but in the long run allows you to let it run and hit bigger waves... oh well NEXT
I know, I know. I had a word in the mirror and that won't happen again!
Dax is a new beast for me and it surprises me how fast and far it can move sometimes. :-s
Darren wrote:This morning trades. I should have stuck with the trend on GU but tried to be clever. Could of worked out!
Most important point here is this. If you had taken half the profits already then why the need to hit the peaks? just let it run... because taking half reduces your profits initially but in the long run allows you to let it run and hit bigger waves... oh well NEXT
I know, I know. I had a word in the mirror and that won't happen again!
Dax is a new beast for me and it surprises me how fast and far it can move sometimes. :-s
EU used to be exactly like this. I guess we all gote used to the "slowness" of EU last year... Lets adjust to the fast blustering moves of Dax, thats what FEEDS AIMS Stress Free Trading. Lately, not much movement on EU has turned trading into a bit of stress of "when will we make some pips". We don't need that. Markets are dynamic and we have adapt and adapt quick to changing situations.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
