Recent content by robertdaley

The W has been triggered. I'll post a chart later.

4 hr engulfing candle off the weekly channel. On the 1hr it faked out I've just gone long at the high.

I have not made many trades this month, don't seem to be many signals. I am about 1R in profit, where I was multiple R in profit at this point in the last two months. Like I say, it's been quiet, and my goal is to end up in some sort of profit for my third straight month.

No offense taken. I do have quite a good sense of humour. It is difficult to evaluate the intentions/motivations of a short textual comment/question, that is all. Politics? If the raving monster loony party was still going strong, maybe.

Hi, I'm back to update on my progress. I had been breaking even for the last few months, until last month when, risking about .5% of my total capital per trade (which equates to £30). I took 15 trades and made £492 profit. I had 11 winners and 4 losers. This month I have increased my risk...

I watched some Mark Douglas videos the other day, and he talks about having a 'series of trades' mentality rather than getting all emotional about a single trade. He suggested one set out to take a sample of 20 trades, all with similar set and forget parameters, then analyze and review at the...

Thanks dealer911, Jesse is an idol of mine. I've got his book 'How to trade in stocks'. I admire much about his method. Yes, he suffered from depression (or bipolar) and took his own life. He made millions and lost millions several times. He knew when to go in heavy and he had the guts to do...

I've started a paper journal this week. I have made 5 trades recently, eurgbp short 23/10, audnzd long 25/10, crude oil long 27/10, gbpjpy long 31/10, eurnzd long 4/11, risking £50 each trade...result +£230 (averaging nearly 1R per trade) I am making progress with my coach. I have learnt to...

Thanks for that. Yes, when I have a full blown episode, particularly where psychosis is involved, I certainly don't want to be trading. I have been caught out in the past and have not always been able to recognize warning signs before it is too late. I hope having a coach may help in this...

Why do you say that?

Well I now have a coach. Super. Darktone will be helping me. I am very grateful to him. I will update this thread with occasional progress reports. Currently I am a breakeven/small profit trader. I want to start making consistent profits on a monthly basis. Onwards and upwards. Rob

I don't really know anything about trading robots and my first reaction is one of scepticism. I tend to trade based on end of day signals but I still find it a challenge emotionally. I am excited about sharing my journey and exposing my performance to a greater level of scrutiny. I need a bit...

I don't mind sharing here, just so people know, I was diagnosed with bipolar over ten years ago and have had numerous bouts of psychosis followed by deep suicidal depression. I am on meds lithium lamotrigine abilify etc. I have had some counselling in the past on emotional issues nothing to do...

Thanks NVP. I know what you mean about how trading reveals our demons. I am so close and yet so far from success. I need to find consistency and learn to hold my nerve. I will triumph I am determined to do so. I've survived horrifying situations through persistence. I know there is a point at...

Thx ACstudio. I agree with that, I think I have currently found a good balance between risk being small enough not to care so much and reward being big enough to make it worth my time and consideration. Trouble is there are times when I double my risk and then fear sets in and I normally exit...