Things went south early in the week and then got better. The main trouble is stopping. I would love to deny it, but trading is a thrill for me. Like a drug that I can't seem to put down. Perhaps it's my personality that's doing it. I can think of plenty of things that I have taken an unhealthy interest in. But that's not to say that I am purely a creature of animal drives and motivations. It is tempered with intellect. Not entirely controlled. For some things, I know it's simpler to just avoid the triggers for temptation. For others there is the gradual harnessing.
Trading: I'm not there yet. I know I should stop for the week, take a break and pretend for a little while that it isn't there.
A few successes late in the week:
ASX has been yo-yoing a little, but not uncontrollably.
CAC slowly getting to grips with this little beastie. Generally follows the DAX, but with somewhat smaller moves. They aren't lock-step and can get out of synch occasionally. Appears to follow the patterns I am watching for.
DAX - nice big moves, but I can't understand them yet. Always seems to move further and faster than I expect, then it'll do what I was looking for 10-20 points past where I thought it would do them. Bugger of a thing to try catching.
As always, S/R appears to hold consistently for them all. Now that I have a clearer idea of what does work for me, I need practice, patience, experience doing it.
I completely didn't time anything right this evening. Draw-down was way higher than it should ever be. Got lucky anyway. On a less resilient day I would have closed out loss after loss and then watch them all go back to green. That cycle ends up with a severely depleted account and frustration, anger, disbelief. I am starting to develop the separation from the result.
If it didn't work, close it. Wait for the next one.
meh, enough rambling for today.
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