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Wednesday, June 20, 2018

IF STUPIDITY WAS A CRIME I’D BE ON DEATH ROW

“Yup!”

A real test of the “Force Volatility Algorithm” today, as the DAX30 puts in 
1) a small daily range, 2) some kind of variation of a “doji” by the close, and 
3) the magical “Flying Wedge of Death” [FWD], that frustrates most traders at 
every turn … throw in the usual gaggle of spikes up and down, and today’s 
action a gigantic mess on the charts from the opening bell.

And yet, the algorithm absolutely nailed this market today with turns, that 
will make you think it obeyed your one and only magical wand, and you can 
make it do anything you want … just stunning.

OK, great … and as good as the algorithm was, your lovable, fuzzball host  
“F’d up” six ways from Sunday [well, actually 4 but who’s counting] 
… 2 mistaken orders botched, attempting to change the “volume” parameter 
in the order box that saw “market buy” fills at the wrong time, and two [2] 
completely botched liquidation sells, where I hesitated and wanted a point or 
more from the market … bottom line, Algorithm up about $150, -vegas down 
about -$240 and change, as those 4 “F ups” wiped out the days gains in the 
other trades. The only good news, is that it only cost us less than a hundred 
bucks, but still … “The dog wants to have me taken to the Vet and have me 
“fixed”, but the Mrs. is tellin’ him noooooo, we’ll just save the money and use a 
soft butter knife here at home”. Talk about gettin’ a dose of market humble pie, 
this was it … especially since I had the “roadmap” right in front of me!

And while the mistaken 2 buy orders were bad enough, what really burns me is 
the utter stupidity of telling the market, “I want more” before liquidation, when 
I clearly knew it was time to exit the trade … just really insanely stupid on my 
part, cuz I know better, and the market was only too happy to show me some 
seconds later … profit to loss, pay the Piper dumb ass!

“Staring into “the abyss” isn’t something any trader looks forward to … but 
staring into the mirror and realizing a retarded kitten could have done better than 
you this day if it followed the same directions as you had … duh! … and then it 
hits you that Homer Simpson is laughing at you … and the sad thing is, that 
there’s no excuse you can give yourself, standing there peering at an idiot in the 
mirror … only the pain of it all … and then you pull your “big girl” panties back 
up and eat the pain like a man, and then move on to tomorrow with no baggage 
from today … not easy, but you do it … experience teaches you”.

As I’m writing the algorithm manual now, I’ve decided to use the DAX30 as 
the main headliner market for our trading, and showing readers how to use the 
algorithm via examples, for a number of reasons; 1) the DAX30 is very close to 
action in NDX100, 2) also remarkably close to the gold [XAUUSD] market, 
3) the spread in the DAX30 is about as good s it gets anywhere you want to 
trade, just like the NDX100 & XAUUSD, and 4) both oil markets, 
Brent & WTI, have significantly higher spreads, move a helluva lot quicker on 
average, and have action that is atypical from the other 3 markets. So, it’s an 
easy choice for me to make.


I have some website work to do as well, as there are some files that need 
updating, like performance, but in my opinion, the manual takes precedence 
right now … I want to get this done ASAP, cuz it’s so damn powerful … and I 
will say this again … “sure, I created it, I developed it, I crunched the numbers 
literally by the hundreds of billions of bits of data … my insights, thoughts, and 
ideas are behind it, with some help from staff, and I know what it can do and 
ultimately under what condition it will lead to a losing trade … it will blow you 
away with the signals, they are so damn good … but, and this is a very big “but” 
… you have to make the trade when it says “DO IT”, SKIPPY! … you can’t wait 
cuz you feel “uncomfortable” buying or selling where it says to do so, and you 
have to liquidate the same way … doubt, uncertainty, etc., will only cost you 
money … and nobody knows this better than me, and yet today, I traded like a 
Newbie who’s been in the biz for about 5 minutes … cuz I was thinkin’ … well, 
look what thinkin’ got me/us” … so, I say to all of you reading this, when you get 
the algorithm upon release, be mentally tough & prepared to accept the challenge 
of following it … it won’t take that long, trust me, but it’s not child’s play either”.

A bunch of trades today … PAMM down about $90 and change … should be up 
$150+, but that’s water under the bridge already discussed.

Volumes will go up tomorrow … we’ve had 2 days in a row of sub 20 DAY 
range MA values go substantially below the average … tomorrow looks to be a 
good trading day, and I’ll be there to capture our share of it … today the 
algorithm shined, and I was a doofus … tomorrow’s another day … and with 
that, I’m outta here to work some on the manual … until tomorrow mi amigos 
… Onward & Upward!!
 
I haven’t got the trades posted to the spreadsheet … I’ll have ‘em up either 
tonight or tomorrow.

Have a great day everybody!

-vegas

OUR TURNKEY FOREX “PAMM/MAM” IS NOW OPEN AND
OPERATIONAL; SEE “PAMM/MAM MONEY PROGRAM” IN
“DOWNLOAD LINKS” SECTION IN RIGHT HAND COLUMN
FOR DETAILS [VIEW ONLINE AND/OR DOWNLOAD] AND
START YOUR JOURNEY FROM WHERE YOU ARE AT TO
“ESCAPE TO SUCCESS”!

  









 

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