Showing posts with label charts. Show all posts
Showing posts with label charts. Show all posts

Thursday, October 26, 2017

Free charts are shit on Tradingview.com

They are basically un-fucking-tradable. The way the charts are formed is only by trades that go through this one route: BATS. It is not a cumulation of all the exchanges like you get when you have good charts. Here is a comparison of the charts I am currently paper trading from, with the Think or Swim platform I also use that has all the data, just delayed.
























How the fuck is anyone supposed to paper trade with this shit information? Anyhow, I guess if I want to trade good data I'll have to deposit 3k into my broker to access the real time data in the demo account. It's not something I wanted to do, as when you deposit 3K they give you 60 days of commission free trading. I only wanted to do that when I was feeling like taking advantage of it.

Work has been getting on my nerves. It continues to be tough. I got home at 11pm tonight and still have shit to do and I am tired as fuck... Still got to wake up pretty early tomorrow to trade. and it's not even real money.

Tuesday, June 13, 2017

So much to say!

A ton has happened since my last post, and I am unfortunately super busy so I will just burst this all out.

I've been working a lot and studying my ass off watching Tim's "How to make millions" and pretty much anything else I can get my hands on. I've been paper trading stocks and doing quite well. The paper trading account is up to $186k now.

I've purchased some digital currency, which has been soaring.

I've been going through Dux's trades (Top student of Tims) and am very slowly gathering statistics to aid in my understanding of his personal success. I study while I am driving by listening to videos.

I've also opened an E-trade account with $3,000 as of now and learned a few things. #1. You can't short OTC stocks AT ALL with E-trade, so I will likely be getting another account elsewhere as well. I've learned that E-trades data/charts shows WAY more detail/volume than Trading view. I'ts been pretty interesting learning more and more.

Dux is heavily short biased and seems to take an average of just $.15 of profit per share on his trades, and about that much on his losses. 

I have since taken 2 trades with real money. Losers so far, but I have learned a lot. I have been watching Level II and was actually pretty well aware of my impending losses just because of the Level II. 

I tried to dip buy DRWI and saw a wall of sellers at $1.25 for a long time. I should have gotten out at break even.

My second trade was today. it a was a blatant pump and dump $DRNG. I learned some lessons today, or, reminders anyhow.


#1. the crash was too gradual. remember, you want to catch a falling knife. The faster something is crashing, the better the bounce is likely to be. Why? Its basically the opposite of a short squeeze, the buying (in this case selling) simply becomes exhausted.

#2. Look to buy at obvious major support WITH turning action on the level II. the problem I made on this trade was that I just bought at minor support (with thankfully a starter position) but there was no indication of bottoming.

Anyhow, got a lot of work to do and not a lot of time to do it in. 


Wednesday, December 9, 2015

Back Home

Made it back home yesterday from a 872 mile door to door drive. Besides getting up at 4 a.m. it really wasn't all that bad, and what was really great was to come home to a totally clean and organized home. I loved it.

Had some drama with people, which I spoke up about and ended up being kinda the hero. Annoying and unwanted person decided to go back home, simultaneously showing that their own comfort was more important than being there for their son and grand daughter to be.

Basically, my brother-in-law's dad came up to Washington to be there for the new baby that was due December 1st. (She didn't come until the 9th though, just after I left) Well, I was there mainly to be the buffer between the in laws and my Sister in  Law, as she isn't comfortable with her husbands dad. He is after all, a self proclaimed "Dick". The second day of their visit I was awoken and told I needed to diffuse a situation, as the Dad had pulled her and her husband outside alone, and proceeded to scream at them about their finances. By the time I made it to the living room my sister-in-law had thrown up and peed on herself due to the stress of it all. I spent 20 mins doing dished deciding what the hell to say. In the end, I told him that whatever the conversation was about was none of my business, but the results of that conversation where, meaning: Don't give my sister-in-law that kind of stress while you're here. 

I was extremely surprised that this abrasive redneck asshole didn't get all riled up and get in my face. On the contrary, he barely made eye contact with me. Long story short, a few hours later he was walking his bags out to the truck to leave for home. A 2,500 mile drive back to Kentucky, because he "Wasn't going to stay somewhere he felt he wasn't wanted". Of course, he couldn't say that to me, I had to hear it from his son, who was super pissed at me because his parents where now leaving because of me. I did what was in my heart and I stood up for someone who needed it. She was very relieved to see them go.

Had some drama with the car, which scared the crap out of me because I was seriously sure it was not going to make it back home. Thank God it turned out to simply be a seriously clogged EGR valve and I had brought all my tools and took care of it! I also took a look at the spark plugs and they were disgusting so I bought new ones and replaced them.





















Had some drama trying to help a close friend of the family change the breaks and rear rotors of his Cadillac. He was supposed to meet me at the on base auto shop at 8 a.m. because that is when they open, and they fill up fast. He had been up working till 1 a.m. that morning and had a girl over as well, so I was pretty sure he wouldn't be awake. Problem is, I missed my 7:10 a.m. alarm somehow.... I woke up with enough time to get to the shop @ 7:51. When he finally answered my 10th call, he said he wanted his friend to come a long so he would meet me back at the house. By the time we made it back to the shop, all the lift bays were taken and I had been telling him since the day before "We don't need a lift bay to change brakes and rotors", but he responded saying "My dad broke the frame of his Cadillac lifting it up on a jack". Yeah... because cars aren't made to handle their own weight...

Anyways, because he was determined to use a lift bay, we drove to another shop about 15 mins away. I called on the way and out of the 10 bays they had, 8 were already gone, and when we arrived all of them were taken. We had to drive back to the original place and start the job 2 hours late. It was kinda frustrating, but getting the job done (With only a jack and stands btw) was satisfying. He had also purchased new calipers because some tire shop told him that his were ceased when they inspected them. Turns out they were perfectly fine. When shops suspect that you know nothing about cars they will try their best to take advantage of that! Luckily, he returned the calipers (Which were the wrong ones anyhow) and by a stroke of luck he had bought them on sale and the store made a mistake and gave him back twice what he had paid for them... Pretty funny.







































Had some drama with my trading, due mainly to trying to trade on my laptop, and lost about 4%. What's worse, is that I entered a trade that would have made all my losses up plus a profit. It was the last trade I took and it went nearly to the profit target I had set, and came all the way back down to break even. Had I just held my stoploss and accepted the risk, I would have made a profit that day (EUR Rate decision). BUT, and I call attention to this for all of you traders reading, I do not regret moving my stop to break even. It was my decision and my plan and I followed it, which is what matters.

You can see by the chart below that the move was huge and took place over a few hours instead of mere minutes like usual. Part of the reason I lost so much money was because the buy and sell order windows kept disappearing on me, so I had to go down to the task bar and find them again. It really screwed up my timing.















Nothing else to report at the moment.

Thursday, October 29, 2015

Thursday

Not much to report today so far. Took a winner, still waiting on others. Very cold outside. I am excited for snow, yet well aware of the biting chill that will course through me as I take Juicy out for rides. She likes the cold for sure because she runs pretty hot. She is prepared for the high possibility of me dumping her on accident haha, we'll see.

Feeling much better today. Good thoughts all around. Scott Welsh is almost done with his new trading course and I will likely drop a large sum of money into a portfolio of successful consistently profitable robots. I am becoming much more at ease with the idea of just handing the majority of my trading over to a robot. They never miss a trade, they don't get emotional. My only job is to keep checking in to make sure it's running, and to not get emotional about drawdown myself. Anyways, here are my charts.

 Sold some Kodak shares for $94 profit.
EURUSD came up to resistance and rolled over last night as I had mentioned it might.





More good news is that I went to the dentist yesterday and am finally getting around to getting my crown done soon. The implant is healed and I'm going in on Nov 4th to have it exposed and getting a mold of my mouth done. It will be very tight on timing as to whether or not I have it before I leave town December to go to Washington, Chicago and Michigan. If not I'll have that stupid flipper to take out when I eat... Never liked that part.

Wednesday, October 28, 2015

Shitty dreams and a Trading Day

For the last few years I have regularly had strange and very negative dreams almost every night. As a younger person I would have called them nightmares, but somehow I am usually just able to live in the dream and be a part of it as if it were normal and not scary or anything, even though it feels 100% real. Last night I had a significantly difficult dream. I dreamed that it was night out and I was in a strange country walking in the dark with a flashlight towards a gated off airstrip runway. As I approached the gate, several two headed animals approached me, like tigers and hyenas. Their heads weren't side by side like most two headed creatures, but rather stacked on top of each other. I was afraid of them, but they just approached and sniffed me and let me be. I entered the gate to see a few black men dressed in green military uniforms greeting me, as if we were acquainted already and I had been there several times. They opened a door and we began to walk into a tunnel. It was a cramped tunnel with no lights and a muddy dirt floor, as if it had been flooded or raining recently. I was very uneasy emotionally as I was walking down the corridor trying to avoid puddles that had formed in all the deep muddy footprints. As I reached the end of the Tunnel there was a little cupboard or closet type space and I opened the door to find two children inside wearing nothing but diapers. I realized that one of them was my son and he was blind. He was in the dark, and he went to lay back down after I opened the door and shined the light on him. He looked just as he did the last time I saw him, a little blonde-haired, blue-eye toddler.... I felt so bad to watch him lay his body down on the cold cement inside that little closet in the pure cold darkness.... He just laid back down as if that was all he wanted to do, as if it was all he ever did...

No one was there to take care of him. He was abandoned... I had with me a few small pillows and I spoke to him "This is how I like to sleep" and I showed him that I like to sleep with a pillow between my legs. He didn't respond and I had to once again realize he was blind, so I touched his body and positioned the pillow between his legs and put another one in front of him to hug... It was devastating. And then I woke up and wanted to cry. I've done some pretty horrible things in my life, and as much as I try to forgive myself for them and realize that I am human, I obviously have not forgiven myself.

There are few things that hurt worse than having a dream in which your son is blind and abandoned in a freezing cold concrete floored closet. Just watching his tiny bare chest touch the floor sent chills through my body and instantly reminded me of the time I was in jail. They keep it so cold there, and no one cares about you at all... period. They live a totally separate reality on the other side of that cell door. You may as well not even exist. And that's how I interpreted the cold silent moment with my son... I felt his helplessness... but what was even worse, I watched his innocence shroud him in not being able to understand anything about what was going on, and only knowing and accepting it as reality.

I feel torn up inside, even right now, imagining that situation and that I am the cause of it. If I had any sense at all, I would have picked him up and taken him out of there... but for some reason, as in all of these terrible dreams I just follow the script because that's what's laid before my eyes... I wish in that dream and all others like it that I wasn't just a human on rails following a locked in destiny of my morbid unforgiven mind. I should have been the hero that rescued that boy instead of assisting him in his imprisonment. I am so mad at myself, and I try to tell myself it was just a dream... this one hit so close to my heart. I shared so much love with that boy, and I went from being #1 in his life to not existing at all... I have my reasons, and they stand firm, but there is a price to pay for every choice made. My choice was to stay completely out of his life knowing he would be well taken care of, rather than being someone he loved so much that only had the opportunity to be in his life a few times a year, if that. I'd rather him forget about me completely. I'd rather have these horrible dreams, if I can wake up knowing it's just me guilt tripping myself and not him agonizing over me in real life. At this point I've been gone for over 5 years, and that is how long I've been beating myself up about a decision that was supposed to be best for him. No amount of money, or personal success will ever take the burden of that decision off my shoulders, as well as other decisions I've made in my life. I hate that these truth's attack when I am supposed to be resting. I need rest. My soul needs rest, and I don't know how to find it.

Skip a head several hours later and many attempts to sleep that were unsuccessful...

Here are some trades I am up in at the moment in the stock market and my trading EURUSD Rate decision trading day.






I would really love to have the balls to trade this awesome action, but I don't have those balls AND I have a dentist appointment for a crown consultation soon and I don't want to get stuck here at the computer.

Saturday, October 10, 2015

October 10th Update

Here is an update on the positions from previous posts, plus some stock trades I've taken based on Tim's Search Criteria. Because I'm taking a longer term approach I'm buying much less size so I'm not worried about the positions going against me much.


Wednesday, June 10, 2015

Robotic trading on my last leg of truck driving

Quick update. I'm on the road again tomorrow more than likely, but I wanted to setup my robot and run it on a few different pairs at the same time to see how that goes while I'm on my final stretch of being a driver.

I know it is cramped and cluttered, but it's on my laptop and I don't have a lot of space with 4 charts up. I'll keep trying to manage these independent markets with a remote connection while on the road.

We'll see what happens!

Wednesday, June 3, 2015

Adding to OJ position

Back on December 4th of 2014 I went long 2 OJ contracts @146.15.

Today Orange Juice is trading in the 110's so I decided to go long (buy) 2 more Futures Contracts.














With the two initial contracts purchased at 146.15, the position is sitting with a current drawdown of $10,560. Because this is an investment, I am prepared to hold this position until it is profitable. For those of you who don't recall or haven't been following that long, the beauty of the commodities market is that unlike stocks there will always be a value to them because they are real assets.

As long as you have a full cash position on a hard asset, you can withstand price fluctuations. If a stock you own goes to zero or is delisted, it's over and your money has vaporized. Orange Juice will always have a value. The only real danger here is if there is somehow such a catastrophic collapse that even the Futures exchanges go under or your broker goes under. It is in the best interest of us all that these exchanges exist because farmers and businessmen will always have a need to offset production risk through these markets.

Anyways, since I am purchasing two more contracts today @ 110.95 each, that puts our average price at 128.55. Even if Orange Juice prices take another year to go back to our original entry of 146.15, that will be a $10,560 profit we are sitting on. Not enormous, but a profit nonetheless. Just a 10 cent move beyond that point to 156.15 would be an extra $6,000 for a total profit of $16,560 because we would have 4 contracts making $150 each for every cent in our favor.

As you can see on the chart, prices are relatively low at this point, but the market has been griding lower. We'll have to see if the fight taking place right now is won by the buyers or if we break through again and head towards the 70's and 60's.  '

Keep in mind this is simulated trading and no real money is at risk here. This is to demonstrate how I could likely trade futures contracts long term to increase wealth.

Tuesday, May 19, 2015

Trade Update and completion

The other day I saw that the EUR/USD was near resistance from mid February and reversing, so I took a position short and placed my stop above the highs for a quick stop out if I was wrong. Currently sitting @ +200 pips. I've moved my stop to break even plus a few pips. If this trade were larger I would probably just take a part of the position off for a little profit, but it's rather small so it will either hit my take profit or stop me out at break even. Here is the chart.

















By the way I have also found a rather sweet website for free advanced charts. It's kinda like the facebook of Trading. Very cool, check out Tradingview.com and see what I'm talking about!

UPDATE 5.20.2015




I looked at the chart and was like "Well, what's a little bit more profit really going to benefit me in contrast to risking no profit at all? Technically the floor was hit and I didn't set my profit target according to the more recent area." So I took profits. Never mind the box on the left chart, that was just for me to see how price behaved around the zone. Could have had a few martingale winners.

UPDATE 5.21.2015

Initial target was hit. The orange rectangles are from a new tool I found last night that allow you to draw zones and get alerts when price is near them. May come in handy so I'm trying it out.