It is important for me to explain exactly what im doing with my lower time frame work.
I am building a short term trading system to go along with and as well as my medium and long term position trades.There offering a full spectrum of services and abilites for myself and others.
I want to point out that it is intense in the pits and as i have mentioned a few times needs at least 3 years live trading.It is by no means for a newbie....just from the pshyc if nothing else.
This "yanking" period has been good for me and im riding through in healthy profit,today was nothing more or less than any trade...system in system out and from a yeild curve perspective is in line with the system performance profile.Of course working on a fractal down is just that,with quicker on the spot information but its not an adrenaline rush or a quick addiction.I didnt get this far by pandering to such things.
I was fully aware of the magnitude of the level which cable was approaching and when i got a signal to enter at the 1.6528 area its was worth a loss which was only a partial loss anyway as i got a signal it was failing....i can trust my system for that..... and that was twice at the same level one monday one today.Sometimes for me a ticket is worth a loss if you know you are disiplined in the face of such a foe and can cut early......
You always fear what you dont know,thats why knowledge is power and as we get to know ourselves we live in less fear as it is the mind killer after all.........night....g
I am building a short term trading system to go along with and as well as my medium and long term position trades.There offering a full spectrum of services and abilites for myself and others.
I want to point out that it is intense in the pits and as i have mentioned a few times needs at least 3 years live trading.It is by no means for a newbie....just from the pshyc if nothing else.
This "yanking" period has been good for me and im riding through in healthy profit,today was nothing more or less than any trade...system in system out and from a yeild curve perspective is in line with the system performance profile.Of course working on a fractal down is just that,with quicker on the spot information but its not an adrenaline rush or a quick addiction.I didnt get this far by pandering to such things.
I was fully aware of the magnitude of the level which cable was approaching and when i got a signal to enter at the 1.6528 area its was worth a loss which was only a partial loss anyway as i got a signal it was failing....i can trust my system for that..... and that was twice at the same level one monday one today.Sometimes for me a ticket is worth a loss if you know you are disiplined in the face of such a foe and can cut early......
You always fear what you dont know,thats why knowledge is power and as we get to know ourselves we live in less fear as it is the mind killer after all.........night....g