Tracker's Journal

[Tracker]

Fantastic to see the results of your first eight batches, and now
I see the real benefit of Batches of campaigns.

Looking at your eight batches as if they were trades is seriously
encouraging! We can all easily have a few consecutive losers
which can be debilitating, but when we get to your level most
batches will have been profitable.

Its a completely different perspective!

Well done, its great to see your progress!

Thanks, Michael. You are right the batches of 20 Campaigns really helps to draw the focus from the single trade, as long as it is executed correctly everything is ok. The thing I have to be careful about is, if I made good pips within the first few campaigns I have to be even more alert not to let discipline slip and try to keep the balance between risk, reward and probabilities.

Cheers Gregor

[Tracker]

Dont forget that in that -169 batch his discipline score was less than 10 out of 20.
Which proves that even not fully disciplined trader can remain profitable with this system. how cool is that?

Thanks for your comment Immy. It is really incredible what can be done if you stay disciplined at least most of the time.
Regarding those - 169 Pips, the most important thing that I did after that apart from trying to be more disciplined was to put a loss limit on my sessions. So after - 50 Pips, the session is over for me. Actually that is part of being disciplined too, so it all comes down to that. It helps me to stop trading and NOT to be drawn into that self destruct mode that I have experienced a few times, which was like I knew exactly it would be best to just turn of the computer and stop trading, but I just couldn't do it and then ended up doing wilder and wilder trades.

Best regards,

Gregor

[immy]

Yes, Tracker, I mentioned this in another post somewhere, tis the law of fractal geometry. SL per trade, per batch of trades, per session, per account, per person! get the idea?

We have a double way to implement the session based SL, one is a maximum pip loss, which you have set rightly at 50 pips, and the next is 2 hrs and that's it. The next stop would be for the account balance. If you lose 20% of your account you must stop and analyse what went wrong, is it the system, or is it the discipline, in 99% of cases it would be discipline. etc etc.

and yes, when you get into the downward spiral it seems so easy to make mistakes and keep collecting negative trades until its too late. That is a common "fractal" a behaviour pattern traders exhibit. and beware the self destruct button! (usually it gets pushed around the times when you go past a success barrier your subconscious is not designed to accept.

[Tracker]

This morning session I tried the breakout again, after I missed the moves the last two days and got mixed up in the up and down. But the biggest mistake I think was the Add On to the long Fruit. In my minds eye I saw it shooting up and ignored the risk reward possibilities. After taking that Add On I should have trailed the candles till the gator would open to the upside. Stopped trading till the news after that. Had just one more shot left for that session and the market was in a chop. Fruit short at the news got me in the trade the campaign that followed. Unfortunately I got stopped out above AL. Everything according to the rules there, but a reentry into the market below the AL at 10:29 would have done the trick for that session. My mind was still stuck in Campaign 167 thinking about ways that would have kept me in the trade. Staying in the NOW would have gotten me back in and everything would have been fine. Another lesson on the way.
The afternoon session started with at 14:30 for me with a nice short Fruit. SARd it at the AA Fruit that followed, but got stopped out and into a SAR short that didn't work either. Stops a little to close. The angulation was not great, but it was the Fruit that where the market turned around. The SAR to go short again was probably not a good idea (probabilities!?!?). Tried two more Fruits long with Add On. Moved my SL when it seemed clear to me that they wont work. Actually wanted to stop trading then as the market moved sideways, but kept watching the charts. Thought about entering the breakout at 16:07, but didn't. I have to build up my confidence towards those breakouts again.

Camp 164: Breakout Long
Trade 1: Breakout - 14.0 Pips

Camp 165: Breakout Short
Trade 1: Breakout Short - 7.1 Pips

Camp 166: Fruit Long
Trade 1: Fruit Short - 1.5 Pips
Trade 2: Add On - 18.5 Pips

Camp 167: Fruit Short
Trade 1: Fruit Short + 11.7 Pips
Trade 2: Add On + 4.1 Pips

Camp 168: Fruit Short
Trade 1: Fruit Short + 28.0 Pips
Trade 2: Add On + 19.5 Pips

Camp 169: Fruit Long
Trade 1: Fruit Short - 14.0 Pips

Camp 170: SAR Short
Trade 1: SAR Short - 14.0 Pips

Camp 171: Fruit AA Long
Trade 1: Fruit Long - 6.1 Pips
Trade 2: Add On - 11.5 Pips

Camp 172: Fruit Long
Trade 1: Fruit Long + 1.4 Pips
Trade 2: Add On - 11.7 Pips

[Tracker]

Morning session started without me taking the Breakout again. Yesterday I did and it was a screwup and today I didn't ant it was a nice trade. Have to stick to one or the other. Anyway, my first Campaign was a 1-2 Setup Fruit Long. This time I held back with the Add On a little because I would have run a pretty high risk again into wave 4, and sure enough it made it through the gator. Should have maybe entered the Add On on the pullback and moved SL to that swinglow. Exited below AA Fruit and went short. Deliberately didn't SAR as I saw the trend still as being down. Third trade I finally took the breakout trade that I have kept missing for the last few days. Add On in for a nice short trade. A little more confidence could have gotten me some more pips, but all in all not to bad. While taking about the short again and being stuck in the past again I missed the Fruit long. STAY IN THE NOW!!!!!!!!!!
Afternoon session was ok. A little more discipline and I could be really happy. Didn't handle my Short breakout according to the rules and missed that Fruit Long at 15:15, but had a nice long trade from that Fruit at 14:43.

Camp 173: Fruit Long
Trade 1: Fruit Long + 20.6 Pips
Trade 2: Add On + 4.4 Pips

Camp 174: Fruit AA Short
Trade 1: Fruit Short - 9.0 Pips

Camp 175: Breakout Short
Trade 1: Breakout Short + 44.0 Pips
Trade 2: Add On + 14.7 Pips

Camp 176: Fruit Long
Trade 1: Fruit Long + 29.0 Pips
Trade 2: Add On + 20.9 Pips

Camp 177: Fruit Long
Trade 1: Fruit Long - 2.0 Pips

Camp 178: Breakout Short
Trade 1: Breakout Short - 8.0 Pips

[Tracker]

Morning session a disaster. To much in and out. Too much thinking, but not clearly. Probabilities!? No idea. Valid setups!? Don't no what you are talking about. Risk reward!?! Never heard of it. Concentration and discipline. 8-}

Camp 179: Breakout Long
Trade 1: Breakout Short + 1.4 Pips

Camp 180: Fruit Short
Trade 1: Fruit Long - 14.4 Pips
-----------------------------------------------------------------------------

Result after the 9th batch of 20 Campaigns: + 62.4 Pips


Discipline score for batch # 9:

Entry score: 18
TM score: 14
Exit score: 14

Camp 181: SAR Long
Trade 1: SAR Long - 19.8 Pips

Camp 182: Fruit AA Long
Trade 1: Fruit Long - 12.9 Pips

Camp 183: SAR Short
Trade 1: SAR Long + 15.2 Pips

Camp 184: Fruit (1-2) Long
Trade 1: Fruit Long - 7.4 Pips

Camp 185: Fruit Long
Trade 1: Fruit Long - 14.4 Pips

[immy]

Congratulations on completing another batch of campaigns. Now that you have seriously worked on your trading skills and come this long lets now be a bit tighter on the discipline. Based on the stricter rules all campaigns after the long 179 were mistakes.
180. no angle. so mistake
181. since 180 was mistake this SAR was mistake lead by a previous mistake.
182. no angle. fruit was almost touching blue line.
183. SAR mistake lead to mistake.
184. and 185 just no angle there at all.

Totally out of synch out of tune just trying to get a trade in. almost every trade is out of synch except the first long.

More meditation and relaxation is the remedy. and You do not have to trade that often to make pips. You do not need to make 5 attempts to catch 1 wave.
you have made 6 trades during the down wave. So relax yourself before trading and be in the zone. have some fun. and we have done the analysis now. So at the end of this sentence you know what you've done. you have learned your lesson. and thats it. Enjoy the weekend.

[Tracker]

Congratulations on completing another batch of campaigns. Now that you have seriously worked on your trading skills and come this long lets now be a bit tighter on the discipline. Based on the stricter rules all campaigns after the long 179 were mistakes.
180. no angle. so mistake
181. since 180 was mistake this SAR was mistake lead by a previous mistake.
182. no angle. fruit was almost touching blue line.
183. SAR mistake lead to mistake.
184. and 185 just no angle there at all.

Totally out of synch out of tune just trying to get a trade in. almost every trade is out of synch except the first long.

More meditation and relaxation is the remedy. and You do not have to trade that often to make pips. You do not need to make 5 attempts to catch 1 wave.
you have made 6 trades during the down wave. So relax yourself before trading and be in the zone. have some fun. and we have done the analysis now. So at the end of this sentence you know what you've done. you have learned your lesson. and thats it. Enjoy the weekend.

You are absolutely right Immy, I trade to often. Always a little to anxious to catch a move. I have to relax and wait for the right time and setup.

I will work on it.

Cheers Gregor

[Tracker]

In the morning session I caught the breakout long. Nice little trade, but TM and Exit where faulty again. Trailing candles should have been canceled and the trade been managed along the green line. The Short Fruit I took had no angulation. The price moved pretty fast up and down and I was afraid to miss the short. Add on in, too. way to much risk, again. The next two trades where Ok I think, but price was not really ready to break to the downside. And like on so many occasions before, one more trade would have done the trick and given me some nice pips. As Immy said in his post on Friday, I have to relax and take myself back a little. Why do I always want to turn around if the market clearly wants to go the other way. Follow the path of least resistance. Think about higher probability. Don't buck the trend, but use the power of the trend to my advantage, that does the trick.
The afternoon session started with breakout short. Should have stayed below M5. The breakout long was successful, but should have been closed below the fruit. Th breakout short could have been closed a little earlier, too.

Camp 186: Breakout Long
Trade 1: Breakout Long + 29.0 Pips

Camp 187: Fruit Short
Trade 1: Fruit Short - 14.6 Pips
Trade 2: Add On - 20.2 Pips

Camp 188: Fruit Short
Trade 1: Fruit Short + 5.7 Pips
Trade 2: Add On - 9.0 Pips

Camp 189: Breakout Short
Trade 1: Breakout Short - 5.2 Pips
Trade 2: Add On - 11.7 Pips

Camp 190: Breakout Short
Trade 1: Breakout Short - 14.8 Pips

Camp 191: Breakout Long
Trade 1: Breakout Long + 14.1 Pips
Trade 2: Add On + 1.3 Pips

Camp 192: Fruit Short
Trade 1: Fruit Short - 2.1 Pips
Trade 2: Add On - 13.0 Pips

[Tracker]

This batch is heading for disaster. I seem to be caught up in some kind of trap. The morning session was a disaster again. I trade to much. To much in and out. The first two campaigns where ok, but then I started to lose it again. Campaign 197 the Fruit short was stupid. No angulation. Thinking and hoping again. I had reached my loss limit right there, but didn't keep track and entered that breakout short, hoping for a drop. Add On in and then shot against me. I think I ma running to much risk. I have to be more careful with those Add Ons.
The afternoon session was slightly better. Closing batch # 10 felt like a relief. Had the breakout in short, and got out at the long fruit. Campaigns 199 and 200. The Add On was to much risk again. A PC formed and I should have entered the Breakout Short once more. Did two long trades then that where good entries and good exits, but going short and long after the breakout at NEO would have really done the trick. Stood at the sideline and watched those two nice trades. Keeping a tight grip on discipline is the set target for batch # 11.

Camp 193: Breakout Short
Trade 1: Breakout Short - 5.1 Pips

Camp 194: Breakout Long
Trade 1: Breakout Long + 5.4 Pips
Trade 2: Add On - 10.3 Pips

Camp 195: Fruit Short
Trade 1: Fruit Short - 12.9 Pips

Camp 196: SAR Long
Trade 1: SAR Long - 8.2 Pips

Camp 197: Fruit Short
Trade 1: Fruit Short - 11.5 Pips

Camp 198: Breakout Short
Trade 1: Breakout Short - 9.9 Pips
Trade 2: Add On - 16.3 Pips

Camp 199: Breakout Short
Trade 1: Breakout Short - 0.2 Pips

Camp 200: Fruit Long
Trade 1: Fruit Long - 8.9 Pips
Trade 2: Add On - 13.5 Pips
-----------------------------------------------------------------------------

Result after the 10th batch of 20 Campaigns: - 171.2 Pips ~x( ~x( ~x(


Discipline score for batch # 10:

Entry score: 15
TM score: 15
Exit score: 15

Camp 201: Fruit Long
Trade 1: Fruit Long + 15.2 Pips
Trade 2: Add On + 12.2 Pips

Camp 202: Breakout Long
Trade 1: Breakout Long + 12.9 Pips