Watching markets ...

2 de jul. de 2018

Best I keep a public log of what I see, can't delete it that way :D
And idk maybe I get opinions.

Right now keeping an eye on gold.
If it goes down with bullish divergence it may be a long opportunity.

Not sure as I did not spend alot of time with the gold chart.

2 de jul. de 2018

Nota

Unless I am missing something all instruments are as boring as ever yet chats are as busy as ever and small retail traders are at it in full force.

Oh if you asked me what is wrong and why retail traders lose 75% of the time...

Just don't ban trading alltogether because of noobs mr anoying goverments are regulators k?

They just keep making new and new rules limiting trading because they think they know what is best for me.
Ye not being able to diversify having to all in a single trade and not being able to cut losses quickly is what I really need. Then I'll be set to not lose money.

2 de jul. de 2018

Nota

I am wondering if it would still be possible to make money trading if all the retail scum was banned :D

Obviously nearly no one thought of that question.
What people wonder is "how much money can I make trading" or "how quickly can I become a millionaire" XD

A very basic thought about profit compounding which I had when I was 5 is already the creme de la creme only the top 10% even consider it XD

If governments make rules so harsh that we can consider trading banned, invest big on betting companies (unless that gets banned too obv. but it won't ;}), I can promise their earnings and value will go up up up.

2 de jul. de 2018

Nota

Oh farts.
Had orders on oil for 2 hours.
By now I have accepted I (slightly) missed my entry to short Oil...



ooooooh well, cancelling orders now...
If it drops alot go long otherwise can't tell for sure.

2 de jul. de 2018

Nota

My thoughts exactly...

Especially the "boring tightening" and "bulls have disapointed".
Guess there won't be money to make in FX Futures nor crypto this week.
There might be some strategies that work in these conditions but I don't want to learn something new right now. Time to take a break and spend a little bit of time practicing/learning more.

2 de jul. de 2018

Trade ativo

Figured it was a good idea to short the swedish krona.
Going against the trend once again. Let's see if I end up regretting it.

I am in rest learn and practice mode.
Don't really care tbh.

2 de jul. de 2018

Nota

Probably going to long AUDUSD soon...


USDSEK bouncing on fib but it is not over, I aim for a bit lower.
Close to .5

2 de jul. de 2018

Nota

Well there are a few things happening today, all opposite to trend with RSI divergence, no truly great trade going with trend, but it is still good.
I lost alot with this kind lately but I am taking these trades better.
Have to get out quickly thought. Lmao if they outlaw getting out quick in forex too "for your protection" that would just be hilarous.

2 de jul. de 2018

Trade fechado: objetivo atingido

Look at me I am an evil trader that opened and closed USDSEK short the same say as my target got reached.
Eeeeeevil day trader.

Am I even aware of the incredible risk involved in such activities?
Typically day traders have 25 screens and watch the market at all times and other technical stuff.

No joke this is how the SEC describes it.
Just chilling checking the price on my phone every half hour...
Limit and SL in place...

Hot tip (beware of hot tips!), this quote is extremely stupid:

Day trading is an extremely stressful and expensive full-time job
"
Day traders must watch the market continuously during the day at their computer terminals. It's extremely difficult and demands great concentration to watch dozens of ticker quotes and price fluctuations to spot market trends. Day traders also have high expenses, paying their firms large amounts in commissions, for training, and for computers. Any day trader should know up front how much they need to make to cover expenses and break even.
"

Yeah I have an army of computers, I could not watch episodes of spongebob square pants on my phone while my trade runs to target as I did last 3 hours without no less than 25 computers XD

Remember, if your target gets hit the same day you opened the tarde OR if it goes against you, you better not cut your losses/ close at a profit or that would make you a daaaay trader.

Ok I'll stop now eksdee.

3 de jul. de 2018

Nota

Waaaat, I placed that line at random the support is the whole area, and price is bouncing on it almost exactly. Going to take a few days to see how it unfolds, maybe trade it next week only.

3 de jul. de 2018

Nota

Oh no... I did not get an alert to go long on Gold.
My indicator failed me WHT DO I DO???
Be less strict perhaps...

3 de jul. de 2018

Nota

Ok correction for next time:

On gold I set the price on which to be alerted too low.
Sad. Missed a profitable trade again lol.
Set it 1.5 even 2$ above next time, and I guess RSI has to be.... 2 points higher?

3 de jul. de 2018

Nota

Oh perfect I just saw a "traders lose because they are looking for that magic indicator".

I know how to call my indicator! I will call it the magic indicator!
No trend alert was a dumb name anyway :p

Took no trade today, should have longed gold but I failed when I set up values on my magic indicator, waited for gold to get a tiny bit too low.

I think I will take my first stock trade this Friday :p
This is going to be fun. Not getting my hopes up but I got high hopes.

Also I am making a formula to increase my leverage every week as long as my FX activities go well: I never risk more than (less) my profits from past week (so feels like 0 risk) and I grow exponentially. Peeerfect.

3 de jul. de 2018

Nota

Going with a leverage of 3 on each trade & SL 0.33% = never lose more than 1%, and the gains are quite significant and really pile up.

5 de jul. de 2018

Nota

June was a small month, but July is going to be smaller. Everyone is away idk what people do that is so interesting, touching themselves and drinking beer that awesome?
Can't wait for summer to be over.
"Oh everything slowing down in summer is just a myth".
Wait wait wait. Just want to use leverages of 50 can't wait no more.

Why are US stock brokers so complicated?
Just open a usd bank account and no more problems.

Interactive broker let you simply deposit on your account any currency then they take care if the rest, was going to send 15k there and stop having to deal with so many details and rules except:

"To trade options, futures or Cash Forex, you must have a minimum of two years trading experience with that product."

Well blow me dry.