(Power) Constructive
adjective
- 1.serving a useful purpose; tending to build up.
(Force) Destructive
adjective
- causing great and irreparable harm or damage.
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"Don't beat yourself up ... time makes decisions for us all."
~ Some Hallmark Actor
The sound from my background in the room as my wife watches a show.
***********
"Don't beat yourself up ... time makes decisions for us all."
~ Some Hallmark Actor
The sound from my background in the room as my wife watches a show.
***********
Since "constructive" appeared today, I'll start there as I've been too well accustomed to destructive behaviors and habits.
I am learning to trade the London Breakout while I sleep.
How that is done is:
* To have a good idea of which way the GBPUSD will go after the morning open in London, UK (3 AM EST)
Speculating at about 8 PM EST the previous day.
Odds are that from 3 AM to about 5 AM, the GBP will generally choose it's DAILY low or high by then.
Noon EST is when the London Market Closes.
I felt that market sediment was pushing the market higher today and I guessed correct. :) One in a Row! lol Whoop!
My account risk of .3% returned 3.6% when I woke up this morning. Actually, the price blew thru my take profit point and I could have made a considerably amount more had I been at my desk instead of in deep slumber.
Rest is important to me and market moves like this will happen again and again.
I'm just enamored by the Currencies now especially since some semblance of direction is known in the UK after Boris's announcement recently which took 3.9% of my account.
(it became personal - lol)
I'm almost at break even for my unawareness goof.
But honestly, I do not have a camera on 10 Downing St. and have no desire to care what the man says at what ever time of the day he desires to address the media.
Reminds me of another lunatic that manipulates the markets with his tweets.
My beef is with the computers that are set to trade on news events and swing the market wildly on speculation ... but then again, I am a speculator too - I just cannot move the market wildly. I just have to prepare for it to happen and today I have a BETTER way to manage the account.
I would not care about the .3% I "could have" lost up to 10 trades worth of losses.
I am seeing that "my system" can allow for up to (10) .3% losses while waiting for the market to follow it's path and make the 3% (and beyond) that I'm seeking.
Odds for my casino game are as follows:
Start at 1:10(+) or 2:10(+) or 3:10(+) ... risk to reward.
If 10:10(+) is hit which would be 10 losses in a row, the Ponder Rule is set as to find out why.
Break even has to become a level of account loss that I need to stop at which is for me 3% total losses, before deep analysis and correction.
Stop! And PONDER.
More back testing is needed for sure and I'll get to that later,
if I desire a computer to make money while I hike that is.
$3.50 a mile would be a goal and is possible in a moving market. :)
Come on GBPUSD, EURUSD, EURGBP !!!
Daddy needs a new pair of hiking shoes!!!! lol
Nothing new.
The market does not care how I feel and I do not need its permission to become wealthy.
I'll take freely and often as the market allows ... for the market will do, what the market will do to screw me, that is for sure.
Losses happen so just don't let it happen too often. lol
I'm a disciplined trader, and I like that about myself. :)
I am learning to trade the London Breakout while I sleep.
How that is done is:
* To have a good idea of which way the GBPUSD will go after the morning open in London, UK (3 AM EST)
Speculating at about 8 PM EST the previous day.
Odds are that from 3 AM to about 5 AM, the GBP will generally choose it's DAILY low or high by then.
Noon EST is when the London Market Closes.
I felt that market sediment was pushing the market higher today and I guessed correct. :) One in a Row! lol Whoop!
My account risk of .3% returned 3.6% when I woke up this morning. Actually, the price blew thru my take profit point and I could have made a considerably amount more had I been at my desk instead of in deep slumber.
Rest is important to me and market moves like this will happen again and again.
I'm just enamored by the Currencies now especially since some semblance of direction is known in the UK after Boris's announcement recently which took 3.9% of my account.
(it became personal - lol)
I'm almost at break even for my unawareness goof.
But honestly, I do not have a camera on 10 Downing St. and have no desire to care what the man says at what ever time of the day he desires to address the media.
Reminds me of another lunatic that manipulates the markets with his tweets.
My beef is with the computers that are set to trade on news events and swing the market wildly on speculation ... but then again, I am a speculator too - I just cannot move the market wildly. I just have to prepare for it to happen and today I have a BETTER way to manage the account.
I would not care about the .3% I "could have" lost up to 10 trades worth of losses.
I am seeing that "my system" can allow for up to (10) .3% losses while waiting for the market to follow it's path and make the 3% (and beyond) that I'm seeking.
Odds for my casino game are as follows:
Start at 1:10(+) or 2:10(+) or 3:10(+) ... risk to reward.
If 10:10(+) is hit which would be 10 losses in a row, the Ponder Rule is set as to find out why.
Break even has to become a level of account loss that I need to stop at which is for me 3% total losses, before deep analysis and correction.
Stop! And PONDER.
More back testing is needed for sure and I'll get to that later,
if I desire a computer to make money while I hike that is.
$3.50 a mile would be a goal and is possible in a moving market. :)
Come on GBPUSD, EURUSD, EURGBP !!!
Daddy needs a new pair of hiking shoes!!!! lol
************
So what did I learn this morning that was different?Nothing new.
The market does not care how I feel and I do not need its permission to become wealthy.
I'll take freely and often as the market allows ... for the market will do, what the market will do to screw me, that is for sure.
Losses happen so just don't let it happen too often. lol
I'm a disciplined trader, and I like that about myself. :)
**********
Hiking:
The Nitty Gritty book has raised better questions and given better answers to details that would take years of reading thru blogs to find. Although it gives some great answers, it also raises better questions for each of us as individuals to use as we move towards "OUR Own" system or systems of sleep, cook, walk, survive and arrive well at the end of our journey.
I'm liking a lot of the choice questions that I did not consider ... ever.
It's not a "how To" book as much as it is a "choices to think about" book. I'm enjoying that.
HYOH even in the planning stages which is now starting to consume more hours of my day.
I'm glad it's Winter.
I'm liking a lot of the choice questions that I did not consider ... ever.
It's not a "how To" book as much as it is a "choices to think about" book. I'm enjoying that.
HYOH even in the planning stages which is now starting to consume more hours of my day.
I'm glad it's Winter.
*********
Another inexpensive book that arrived today is entitled:
"Everything Except Corn Pasta" by Carol Wellman
"Everything Except Corn Pasta" by Carol Wellman
Carol goes deeper into the ultralight culinary science of getting the correct amount of quality nutrients from my meals in time with the day's workout and not make it a "Bonk" experience. I've bonked already with my diet just with the new routine I've adapted to.
Quality nutrients working in harmony with my daily fuel needs of 4,000 to 6,000 calories a day while hiking or about 2# of food per day.
I know it will all start coming together soon.
I'll just keep moving forward.
~ Kindle
Quality nutrients working in harmony with my daily fuel needs of 4,000 to 6,000 calories a day while hiking or about 2# of food per day.
I know it will all start coming together soon.
I'll just keep moving forward.
~ Kindle
