Sam's Journal [Awarded Title: The Master of Famous Setup ]
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tombacon89
- AIMSter
- Posts: 384
- Joined: 05 Feb 2012, 18:26
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Re: Sam's Journal
brilliant stuff mate!
'Do Not let yourself get in the way of your profit producing tools'
"If it’s meant to be, the universe is gonna throw it back to me, to get it back all we need is to let it go, put your faith put your trust in the chemicals" - Various Cruelties - Chemicals
"If it’s meant to be, the universe is gonna throw it back to me, to get it back all we need is to let it go, put your faith put your trust in the chemicals" - Various Cruelties - Chemicals
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Tomi
- AIMSter
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- Joined: 08 Jan 2012, 19:21
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Re: Sam's Journal
Hi Sam, unfortunate spike stopped you out and then price continued to "correct" direction. These things happen!
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immy
- Founder
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- Joined: 22 Nov 2010, 16:46
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Re: Sam's Journal
Sam!fxsam wrote:Immy,
As i mentioned in your journal, i am kind of side track at the moment as my trading performance deteriorate last teo weeks. I clear my mind after reading those inspirational notes on your journal. i made a Rules sheet, print it and put it on my desk already. From this week i am gonna trade like a robot (not forex EA). just follow the rules and not use my smartness or analyse market. My main goal is to achieve consistency. Going back to basics and get back on track.
Regards,
Sam
You only had one or two bad days mate. Just keep doing what you were doing. But remember to not take too many trades on correlated pairs all at the same time. E.g. I saw you go short on EU, EJ short and swissy long. Thats like trading 3%. If you know what I mean. But don't get me wrong, as long as you keep doing the same thing over, in the long run, it will all average out.
Its best to have those rules printed and laminated. But I thought you probably have the 3 rules printed already.. haha...
Rules = Setup = Edge = Consistency = Care Free Objective Mind
BE IN THE NOW! is the best policy.
Let me put emphasis on this .
IT DOES NOT MATTER WHETHER YOU TRADE CLASSIC TEMPLATE, V5.1, V6.1 OR THE 34, WHAT MATTERS IS TO TRADE THE SETUP (AS PER THE TEMPLATE) EXACTLY AS IT IS SUPPOSED TO BE TRADED OVER AND OVER AND OVER AGAIN, TO THE POINT THAT YOU DON'T HAVE TO CONSCIOUSLY THINK ABOUT IT. YOU JUST DO IT. THE SETUP IS NOT SOMETHING YOU THEN LOOK FOR. YOU ONLY SEE THE SETUP BECAUSE IT IS PART OF YOU.
A SETUP IS A SETUP IS A SETUP
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
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Bettina
- Free Member
- Posts: 491
- Joined: 28 Dec 2011, 19:55
- 13
Re: Sam's Journal
Fantastic ! (wd) (wd) (wd)
I was unfortunately not at my desk when they started, but you have my admiration.
Bettina
I was unfortunately not at my desk when they started, but you have my admiration.
Bettina
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Dave
- AIMSter
- Posts: 865
- Joined: 13 Feb 2012, 06:05
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Re: Sam's Journal
"It was freaking awesome". 
) ) )
Love it. Well done!
) ) ) Love it. Well done!
Now, I choose to make a profit in trading.
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immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: Sam's Journal
I can see you got the hang of it! Its all about keeping it simple and letting it run! well done buddy! Rinse and Repeat
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
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immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: Sam's Journal
fxsam wrote:Can't stop loving EJ. got me 113 pips. (rofl) (rofl) (rofl)
1st trade : traded S1. Exit was on trailing candle.
2nd trade : took trade after dot. Arrow printed after i placed trade. Exit trade when pair reached to low of daily range.
A Setup is A Setup is A Setup!
And you call me Guru one more time..... (angry) [-x
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
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Dave
- AIMSter
- Posts: 865
- Joined: 13 Feb 2012, 06:05
- 13
Re: Sam's Journal
Immy, I saw that BOSS EJ trade from yesterday... if that's not guru I don't know what is!!! (rofl) (rofl) (rofl)
Meanwhile I'm at work (angry) (angry) (angry)
Great trading Sam, where in Aus are you?
Dave
Meanwhile I'm at work (angry) (angry) (angry)
Great trading Sam, where in Aus are you?
Dave
Now, I choose to make a profit in trading.
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Darren
- Posts: 891
- Joined: 20 Nov 2012, 13:54
- 12
Re: Sam's Journal
Hi Sam. I have a few questions if you don't mind!
I see you seem to trade solely the 5 min chart, is that correct?
What pairs do you trade?
I see you only trade away from the purple line - do you ever trade retracements?
Congrats on your great results. ^:)^
I see you seem to trade solely the 5 min chart, is that correct?
What pairs do you trade?
I see you only trade away from the purple line - do you ever trade retracements?
Congrats on your great results. ^:)^