Moty`s Journal [Awarded Title: Samurai Sword Fruit Chopper]

[immy]

Dave,

Yes, one has to make sure one is available for the setup. It is therefore a great idea to follow a unique objective setup that forces you to get in whenever it appears. We are pattern recognisers and when the pattern is there we must do the necessary next steps ...

"One of our main goal is to habituate most of our trading behaviour"... BW

Our left brian hemisphere has two functions. 1. Habituate behaviour - A learning tool. 2. Solve problems. We can use it to repeat the processs over and over using "correct Setups ONLY" so that we train ourselves to take the correct setups so many times that the Core (brain) takes over this act and the conscious mind is free to do other stuff. The "problem" is with the second function. It is a problem solver and although its very good, once it solves a problem such as "unable to see the setup", "dont have a trading plan", "dont have a strategy", and "losing consistently", when these problems are solved, it is out of business and need a new job. (the lefty). So it creates problems so it solve it. (the constant changing of templates, the redesigning of indicators, the rewriting of rules, changing trade management everyday etc etc). Its something we as traders must learn. We must understand ourselves so we can manage us better.

"A general principle of human behaviour is that as soon as we start to become successful, we tend to stop doing the very things that made us successful in the first place".

[moty]

Immy

Because I still do not feel confident enough to trade in such low time frame, I took those two trades with smaller lot size than usual. normally, 70 pips were brought 7% account growth.

[Tradermurat]

Two trades today 2w, total 2.5%.
(I do not I included in my statistics today, two trades i took on S12 chart, which produced over 80 pips, because the a/m time fraim, is still for learning and experimentation purposes.)
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Weekly:

10 trades, 5W, 5L.
Total weeky win= 6.9%

Hi Mot how i can set a 12 sec chart?

[moty]

Try Here:

http://www.fxblue.com/appstore/app.aspx ... popularity

[Tradermurat]

Try Here:

http://www.fxblue.com/appstore/app.aspx ... popularity

Hi thx for the link but it need register first u ca n share here the indicator pls

[immy]

You guys don't give up. here you go, and please be careful

[moty]

You guys don't give up. here you go, and please be careful

) ) )

[moty]

The reason is not clear to me (maybe Immy be able to explain it), but almost every time there is a set-up, with three double arrows, we get a great trade.

[immy]

The reason is not clear to me (maybe Immy be able to explain it), but almost every time there is a set-up, with three double arrows, we get a great trade.

Mate, these are the DA's shouting at you... begging you to trade... keep it going mate... keep going.. we are just starting...

[moty]

Been several months since I had a weekly loss in trading, but it happened again this week.

Total of 9 trades, 2W (22%), 7L(78%) , (Apart from many trades ending BE).

Total weekly loss=-1.25%

NEXT!!