Let's get real, Wizzle's log

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Wizzlebizzle
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Re: Let's get real, Wizzle's log

Postby Wizzlebizzle » Fri Apr 29, 2022 9:13 am

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

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Wizzlebizzle
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Re: Let's get real, Wizzle's log

Postby Wizzlebizzle » Fri Apr 29, 2022 10:21 am

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
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aliassmith
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Re: Let's get real, Wizzle's log

Postby aliassmith » Fri Apr 29, 2022 10:27 am

Wizzlebizzle wrote: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 =D>
Trade Your Way as Long as It Makes Money!
Maximum Size for Maximum Rides$$$ :shock:

Wizzlebizzle
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Re: Let's get real, Wizzle's log

Postby Wizzlebizzle » Tue May 10, 2022 12:19 pm

Screenshot 2022-05-10 at 13.14.36.png
Screenshot 2022-05-10 at 13.14.36.png (81.23 KiB) Viewed 364 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
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Re: Let's get real, Wizzle's log

Postby Wizzlebizzle » Tue May 10, 2022 8:37 pm

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.

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Re: Let's get real, Wizzle's log

Postby Wizzlebizzle » Thu May 12, 2022 7:18 am

+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?
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Wizzlebizzle
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Re: Let's get real, Wizzle's log

Postby Wizzlebizzle » Thu May 12, 2022 7:47 am

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.

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aliassmith
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Re: Let's get real, Wizzle's log

Postby aliassmith » Thu May 12, 2022 8:43 am

Wizzlebizzle wrote:+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.
Trade Your Way as Long as It Makes Money!
Maximum Size for Maximum Rides$$$ :shock:

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aliassmith
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Re: Let's get real, Wizzle's log

Postby aliassmith » Thu May 12, 2022 8:46 am

Wizzlebizzle wrote: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.
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Don_xyZ
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Re: Let's get real, Wizzle's log

Postby Don_xyZ » Thu May 12, 2022 8:56 am

Wizzlebizzle wrote:+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.
Do you trade money for time or time for money?

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