Paul's journal [Brand New Pip Machine]

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Paul
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Paul's journal [Brand New Pip Machine]

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Time to bring my demons, faults and triumphs to you all for review and discussion. Yesterdays trades3 losses 1 win
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immy
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Re: Paul's journal

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Welcom to the amazing world of Journal Writing. If you stick to it, and you must and you should as this is the best learning tool you'll ever find, you will know yourself better. This is not an exercise of just finding how good is the strategy, its an exercise that will REVEAL you to you! I suggest you apply the 20 Trades Principle. Can be downloaded here. http://www.itradeaims.net/forum/viewforum.php?f=116

all the best and many fruitful campaigns to you.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

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! 🍌
Paul
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Re: Paul's journal

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2015-03-04_1615.png
Great day there will be many more I am sure, Thank you universe ,Thank you Immy
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immy
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Re: Paul's journal

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Paul wrote:
2015-03-04_1615.png
Great day there will be many more I am sure, Thank you universe ,Thank you Immy
well done on catching this beauty of a trade. the entries and exits correct but the timings are slightly off. all the best
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

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! 🍌
Paul
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Posts: 132
Joined: 16 Apr 2012, 04:44
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Re: Paul's journal

Unread post by Paul »

I an committed to the 20 trade principle 100%
Paul
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Re: Paul's journal

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Entry 11519.23 addon 11490.00 It worked but not really happy with it, can do better for sure , will get to the goal though
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Paul
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Re: Paul's journal

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From the 2/3/15 to the 9/3/15 I took a total of 35 trades for 16 wins and 19 losses mostly on m1. moneywise I ended up but the lessons I have taken away from this is I was gambling not trading and overtrading, sorry I have no trades to show will have to remember to take some photo's of trades and show the mistakes as well as the good trades next week ,change of mind set. i am comfortable with the 5m timeframe so that is what I will trade no exceptions.w will have to do a better job recording and explaining my trades. like my school reports. " Can do better " negative thoughts make for negative result. !
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Paul
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Re: Paul's journal

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T1 Buy 11962 +23 +2

T2 sell 12010 - 17

T3 12027 addon 12038 +11 +0

result 39-17 = +22 will do better!!! need fruit +angle for me Immy's quote of the day BELIEF what I need to cultvate.
Paul
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Re: Paul's journal

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Start of trade xx:54 buy -28
xx:55 buy -29
xx:03 sell -30
xx:25 sell -53
xx:49 sell +82
xx:50 sell +75
started off with SAR thought it was going to be a bad day still need to wok on entries and exits ended up being a good day :)
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immy
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Re: Paul's journal

Unread post by immy »

Patience and Discipline Paul! Patience and Discipline
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

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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