Let's get real, Wizzle's log

[Wizzlebizzle]

GU and EA Charts, orange lines are the entries.

I have found that I often enter a fair amount of pips higher than I would have wanted to. Sometimes due to the spread/slippage, but in the case of GU because I wasn't patient enough to let price come to me and entered as soon as it zlined and started moving up. Sometimes this is oke, sometimes not, it might just average out over the long run.

For today:
GU +7 +10= +17
EA +17

Might be back after the 1330 news, if not have a good weekend everyone

[Wizzlebizzle]

Similar thing to yesterday. Better off waiting for a break out of the recent range and trade the pullback I would say. Technically you could short now, but you are shorting the bottom of the range.

Screenshot 2022-04-29 at 11.20.13.png (212.53 KiB) Viewed 7483 times

[aliassmith]

GU and EA Charts, orange lines are the entries.

I have found that I often enter a fair amount of pips higher than I would have wanted to. Sometimes due to the spread/slippage, but in the case of GU because I wasn't patient enough to let price come to me and entered as soon as it zlined and started moving up. Sometimes this is oke, sometimes not, it might just average out over the long run.

For today:
GU +7 +10= +17
EA +17

Might be back after the 1330 news, if not have a good weekend everyone

Beast mode

[Wizzlebizzle]

Screenshot 2022-05-10 at 13.14.36.png (81.23 KiB) Viewed 7299 times

Short GU. Target left and below (not shown on chart). Will leave it as I got to go out. I also seem to do a lot better when I don't stay glued to the screen after I enter a trade

[Wizzlebizzle]

Took +5 on the above trade. Overall +7 for the day, had a +10, -10 another +5 and a wrong entry that I exited for -3.

Been away last week, but will be posting more this week.

[Wizzlebizzle]

+6 on EA
Had a bigger target in mind, but I saw I had missed a level on the left (See chart, orange line is entry)

I still chicken out of trades too often. Any advice on this one?

[Wizzlebizzle]

Oke, im taking a break. Took a couple of -10 losses in a row on GU. All of them in my plan apart from one.

[aliassmith]

+6 on EA
Had a bigger target in mind, but I saw I had missed a level on the left (See chart, orange line is entry)

I still chicken out of trades too often. Any advice on this one?

Breath and lower your size. When you are comfortable move the size up a bit.

[aliassmith]

Oke, im taking a break. Took a couple of -10 losses in a row on GU. All of them in my plan apart from one.

Figure out how to not use 10 pips SL. Get them down to 8 if you can. Your screen is cropped so much I dont know what timeframe you are on.

[Don_xyZ]

+6 on EA
Had a bigger target in mind, but I saw I had missed a level on the left (See chart, orange line is entry)

I still chicken out of trades too often. Any advice on this one?

Demo trade 100 times. If you get out exactly on your intended target 95% of the time then repeat the same process with live account, tiny balance. Work your way up until you feel confident. The thing with fear is you either ignore it and push forward or face it and eliminate it. You may do well on the demo and small accounts but on your main account it might relapse. If this happen, don't panic. You can either go back to demo account or to small account or re-challenge the fear on your next trade. I wish there is a pill for this but there's none.

I don't know if you've watched it coz I put it on Alias' thread but I'm gonna post the link again just to remind you (and you remind yourself later).

https://youtu.be/Mccwh6_Y2WI

The first step is ALWAYS the hardest, but it gets easier as you practice more.