Jump to content



Photo

Douglas Trading System 1 and Gut 0


  • Please log in to reply
No replies to this topic

#1 Douglas

Douglas

    Member

  • Traders-Talk User
  • 1,826 posts

Posted 05 July 2016 - 05:25 AM

In my last post I noted that I ignored my system at the last buy signal on June 27 in favour of my gut feelings.  Well, as I feared that was a big mistake.  The risk window today is a lousy time to try to jump back in given the serious risk of a turn, so here I sit eating black crow instead of watching a black swan soaring over Wall Street.   Even HP Brown Sauce doesn't help. 

 

I should say that the BREXIT black swan might be dead but hasn't been buried yet due to the rancour coming out of Europe and the non-democratic remain camp.  This poor felled swan could just do a Phoenix and rise again, but time is short. 

 

The next risk window for a turn or trend acceleration still appears to be next Monday or Tuesday, July 11th and 12th.  Even though the last risk window was a bull's-eye, I'm still having trouble controlling my rumbling gut.  If I could just get it in line with the trading system, all would be well if I could just remember where I left my bottle of market TUMS.

 

Regards,

Douglas


Edited by Douglas, 05 July 2016 - 05:29 AM.