*EDITED Nov 25th/2016* Took awhile off from the journal and have continued to spend ALOT of time watching and trying to understand the CL market even more, I think i hit a stepping stone and am starting to post again on page #10 im starting videos. Very open to others views on mistakes or things im doing right, i will take all comments as good feedback, i was pretty darn lost up till this point but i just kept banging away. My losses almost always were killing me and i seem to have found a way to control them now and what makes sense to me and works for me and even more which makes me feel comfortable and confident. Also any suggestions on video issues and capturing would be awesome, first time recording anything and just trying to figure it all out with that.
Also up until page 10 this journal is pretty scattered and not really good reading, feel free but be warned you mite have a wtf look and boredom mite set in
Hello to anyone reading, my goal here is to have a place where i can run through my thoughts and process and post pictures while i come up with my 1st self taught trading plan using my own logical methods and ones from others that i've come across along the way and understand in my own terms and can personally relate to based off my current previous experience.
I will be adding more info and detials on this intro as time goes bye, for now its just short and sweet so i can place my current thoughts and process from a different thread onto here to help a friend clean up his thread with my ramblings lol.
As of June 23/2016:
Currently working on a entry method
I Already have a plan for exits based of something that sounds and seems very logical to me and that logic was brought fourth by identifying those exits first through alot of trial and error" years" of visual and once found was secondly based of data gathering from previous contracts (so far from todays date june 23/2016 to March 17-2016) and more exit data will come in time.
Problems im working on and to catch anyone up in the current:
So far in my previous trading ive had a sound theory for entries but really lacked in exits, after giving up on that and blowing up that plan and forgetting it and trying to find the next answer i came across my exits, now i have personal beliefs in my exits not only on a logical perspective but data wise also and im trying to put my puzzle together after shacking up the hell of it and throwing the pieces all over the place.
Its close and i can taste it but its also far if i avoid the work that is necessary to do it or if i cant find the answer in myself or from other peoples valued contributions and suggestions.
This is a place where all and any thoughts or replies from others are welcomed and i will try my hardest to reply to each one with a sound response. Its with this attitude towards giving back to others who offer help or there views on my journey is whats going to keep pushing me in the right direction regardless of the time it takes to get there.
Without questions there is no answers. If there's no answers your not going to go anywhere except in circles.
Current status of a plan:
I have my Opening range and based off the amount of data i've gathered there is a very high % of price hitting OR X3 in either direction ( Im going to base my exits of this data and make this my first goal) From looking at charts i can see a lot of days price gives more then just this range extension but for now i need to focus on one goal completing this plan and then i can work on extra entries when provided on given days)
Just seen lemons hitting the thanks, wicked! man ive read each and everyone of ur posts and threads you my friend are an inspiration! you never gave up and kept posting for so long way to go man!