David's journal
- immy
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Re: David's journal
Kooky and David,
It might seem a daunting task for some to be able to respond as quickly as possible without missing a trade "idea" or signal. And I agree that it can frustrating and to some extent affecting profitability but the fact remains that this little problem is a minute fraction of the equation. I'd say its share is a 1% contribution to the main problem of a trader, which is "how to make money consistently". If a trader's main goal is to make money consistently then the problem to solve is 80% mental and 20% technical. What you are facing is "how to make entries". And entries is only 5% of the equation. So what i'm trying to say is this. Don't allow your mind to think that you may be not profitable because you are not fast enough. nope that is not the case. Its because of the problems of the 80% of the equation. The mind.
ps: if you miss a trade. So what, there is next. next and next and more....
you miss a SAR, so what... NEXt Next Next and more next... dont' do a SAR it does not matter. You can simply focus on Setup 1 during trending moving markets. simple
It might seem a daunting task for some to be able to respond as quickly as possible without missing a trade "idea" or signal. And I agree that it can frustrating and to some extent affecting profitability but the fact remains that this little problem is a minute fraction of the equation. I'd say its share is a 1% contribution to the main problem of a trader, which is "how to make money consistently". If a trader's main goal is to make money consistently then the problem to solve is 80% mental and 20% technical. What you are facing is "how to make entries". And entries is only 5% of the equation. So what i'm trying to say is this. Don't allow your mind to think that you may be not profitable because you are not fast enough. nope that is not the case. Its because of the problems of the 80% of the equation. The mind.
ps: if you miss a trade. So what, there is next. next and next and more....
you miss a SAR, so what... NEXt Next Next and more next... dont' do a SAR it does not matter. You can simply focus on Setup 1 during trending moving markets. simple
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!
- azadar
- AIMSter
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- Joined: 01 Dec 2012, 01:53
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Re: David's journal
You make a good point Immy. Fruit on its own without SAR should definately be profitable. And I think you are right about the mental part. I think missing out on the big moves because I got the direction wrong and didnt SAR gets to me psychologically. I definately dont like missing out on a 100+ pts wave because I didnt SAR. I need to work on that and remind myself that there will always be more setups.
Got a tons of pts today (was at +136 before I traded during low volatility lunch time and lost 54 pts). Closed the day at +78 pts which is still great but im disapointed in my discipline during lunch time.
Got a tons of pts today (was at +136 before I traded during low volatility lunch time and lost 54 pts). Closed the day at +78 pts which is still great but im disapointed in my discipline during lunch time.
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- azadar
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Re: David's journal
Today I feel like I traded to my potential. I know I can trade really well, its just a matter of letting myself perform to the level I know I can perform. Its not perfect, I made mistakes and hesitated on a few occasions but overall im satisfied.
Closed the day with +92 pts and all it took was 75 minutes
After my last trade (#2 in the screenshot) I felt like my concentration and discipline were failing so I decided to quit for the day. It was stupid to move SL to BE just to save 7 pts in case price pulled back. It ended up costing me 50 pts in missed trades.
Closed the day with +92 pts and all it took was 75 minutes

After my last trade (#2 in the screenshot) I felt like my concentration and discipline were failing so I decided to quit for the day. It was stupid to move SL to BE just to save 7 pts in case price pulled back. It ended up costing me 50 pts in missed trades.
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- immy
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Re: David's journal
you did well matey! you did well... keep going
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!
- azadar
- AIMSter
- Posts: 245
- Joined: 01 Dec 2012, 01:53
- 12
Re: David's journal
I had about an hour of trading time today and was distracted with the kids so I called it a day a bit early. I didnt like how price moved after NEO anyway.
Caught a few small moves, paid a few rents. Finished the day at +37 pts, DS 6/7.
The highlight of my day: I learned how to deal with those pesky PC pullbacks that have been hitting my SL for a while now before going back in the direction of my trades. Thanks to Immy (he mentioned taking a trade today on this candle), I now have one more way to enter the markets with low risk and high reward.
Oh I also started doing power poses before and during trading. I watched the video (link in the fruit 5.1 ebook page 170) and I totally loved it. I felt more confident in myself just by sitting in a power pose. I highly recommend this little trick because its so easy to do and can really help stay confident while trading.
Caught a few small moves, paid a few rents. Finished the day at +37 pts, DS 6/7.
The highlight of my day: I learned how to deal with those pesky PC pullbacks that have been hitting my SL for a while now before going back in the direction of my trades. Thanks to Immy (he mentioned taking a trade today on this candle), I now have one more way to enter the markets with low risk and high reward.
Oh I also started doing power poses before and during trading. I watched the video (link in the fruit 5.1 ebook page 170) and I totally loved it. I felt more confident in myself just by sitting in a power pose. I highly recommend this little trick because its so easy to do and can really help stay confident while trading.
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- immy
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Re: David's journal
The Sitting Power Pose is very powerful so is the standing "wonder woman" power pose. It increases your Testosterone levels by 20% and decreases the same amount of Cortisol levels (the stress hormone) ... AIMS is truly Stress Free... because we know the SCIENTIFIC Techniques...azadar wrote: Oh I also started doing power poses before and during trading. I watched the video (link in the fruit 5.1 ebook page 170) and I totally loved it. I felt more confident in myself just by sitting in a power pose. I highly recommend this little trick because its so easy to do and can really help stay confident while trading.

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!
- azadar
- AIMSter
- Posts: 245
- Joined: 01 Dec 2012, 01:53
- 12
Re: David's journal
Rough day filled with distractions. Had I been disciplined I would have called it a day at BE but I kept on trading and kept stacking on the mistakes and rents. Closed the day at -41 pts, DS 14/22.
I had bad days before and it used to end with -100 pts. So I guess its an improvement... But I definately need to discipline myself. When I start making mistakes like that I need to stop trading immediately. My mind was not in the right place for trading and its just not worth the risk. When my mind is not in the game, the odds are stacked against me. I might pull off a winner or 2 but chances are its just gonna get worse. I remember thinking I should stop trading (both times I was close to BE for the day). But because I was not disciplined I kept trading and it cost me -40 pts.
Lesson of the day: When I feel like its time to stop trading I will muster up the discipline to close the charts and come back later, its for my own good.
Tomorrow will be a good test of my mental strength. How fast and how far will I bounce back from this setback? Tonight I will get my mind straight and come back tomorrow to make tons of pts
I had bad days before and it used to end with -100 pts. So I guess its an improvement... But I definately need to discipline myself. When I start making mistakes like that I need to stop trading immediately. My mind was not in the right place for trading and its just not worth the risk. When my mind is not in the game, the odds are stacked against me. I might pull off a winner or 2 but chances are its just gonna get worse. I remember thinking I should stop trading (both times I was close to BE for the day). But because I was not disciplined I kept trading and it cost me -40 pts.
Lesson of the day: When I feel like its time to stop trading I will muster up the discipline to close the charts and come back later, its for my own good.
Tomorrow will be a good test of my mental strength. How fast and how far will I bounce back from this setback? Tonight I will get my mind straight and come back tomorrow to make tons of pts

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- azadar
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Re: David's journal
I used to let a bad day turn into a bad week but not anymore and I proved it today. For that, I am really proud of myself. I followed my trading plan, flowed with the market and grabbed 105 pts with DS of 8/9 while having fun
Traded for 1h 15m and price range of 55 pts which is really surprising. This proves that even with small moves there is opportunity to make money. Fruit is a big part of the success as it enters trends at the very beginning. Thanks Immy 
I want to link the video about power poses from the fruit ebook here https://youtu.be/Ks-_Mh1QhMc to make sure everyone watches it. Its some really powerfull stuff. But theres one great tip that I think may be overlooked. Amy Cuddy tells her story about how she came about a great life lesson: "fake it till you become it". Thats what I have been doing for the last few days, telling myself that Im a pro trader, that im in the top 1% of traders in the world. I just need to prove it and thats what I have been doing these last few days.
I have been reading Michael's journal (zlabis) and noticed how he takes trades in opposite directions if the signal is good. So for example, if hes short and gets a fruit long, he will take the fruit but keep his short positions. I think its a great way to stay with the market. I tried this today and it worked really well. Theres nothing wrong about being short and long at the same time. Just take the signals and let the market decide which positions to keep. Thanks Michael


I want to link the video about power poses from the fruit ebook here https://youtu.be/Ks-_Mh1QhMc to make sure everyone watches it. Its some really powerfull stuff. But theres one great tip that I think may be overlooked. Amy Cuddy tells her story about how she came about a great life lesson: "fake it till you become it". Thats what I have been doing for the last few days, telling myself that Im a pro trader, that im in the top 1% of traders in the world. I just need to prove it and thats what I have been doing these last few days.
I have been reading Michael's journal (zlabis) and noticed how he takes trades in opposite directions if the signal is good. So for example, if hes short and gets a fruit long, he will take the fruit but keep his short positions. I think its a great way to stay with the market. I tried this today and it worked really well. Theres nothing wrong about being short and long at the same time. Just take the signals and let the market decide which positions to keep. Thanks Michael

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- azadar
- AIMSter
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Re: David's journal
Im a few days late in my journal so here goes. Its hard to remember how I was feeling at the time when I get behind on my journal. Should definately try to update it every day!
On the 20th I completed another t20 set. This one gives me +113 pts, DS 15/20. DS aint that great but good results anyway.
On thursday the 21st: At this point I decided to stop trading dax as chart looked like shit and was tired of paying rents. Took a few trades on us30 hoping for better price action but failed too. So I closed the day at -143 pts, DS 7/9. Even though my DS score aint too bad, the result is scary. So this means I need to put a stop to my trading sooner to avoid taking big losses like that. After 4 rents in a row I think I need to stop trading for the day. It means something is wrong. Maybe its me whos mind is not in the game or maybe its price action that is giving me a hard time. Either way Im better off taking a small loss and come back another day where price action might be better and my mind will be rested and ready for a session of disciplined trading.
On the 20th I completed another t20 set. This one gives me +113 pts, DS 15/20. DS aint that great but good results anyway.
On thursday the 21st: At this point I decided to stop trading dax as chart looked like shit and was tired of paying rents. Took a few trades on us30 hoping for better price action but failed too. So I closed the day at -143 pts, DS 7/9. Even though my DS score aint too bad, the result is scary. So this means I need to put a stop to my trading sooner to avoid taking big losses like that. After 4 rents in a row I think I need to stop trading for the day. It means something is wrong. Maybe its me whos mind is not in the game or maybe its price action that is giving me a hard time. Either way Im better off taking a small loss and come back another day where price action might be better and my mind will be rested and ready for a session of disciplined trading.
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- azadar
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Re: David's journal
On friday the 22nd: what started out as a day of small rents due to lack of activity on dax ended up with self sabotage on eurusd. After being disapointed with dax not moving for 3 days straight I looked at eurusd and saw a clear wave 3 + wave 4 and wave 5 was possibly starting. I quickly opened a trade with too big a lot size because I was overconfident in a hurry and undisciplined. The breakout quickly reversed and I took a rent. I was angry at myself for being undisciplined so I kept taking trades in a flat market and piled on rents. Thats some really stupid stuff.
Here is the screenshot for the dax trades (-17 pts, DS 4/4). I wont be posting the eurusd trades (-68.5 pips stupidly trying to trade a tight range while being frustrated and undisciplined) because im too ashamed to put them up here.
Here is the screenshot for the dax trades (-17 pts, DS 4/4). I wont be posting the eurusd trades (-68.5 pips stupidly trying to trade a tight range while being frustrated and undisciplined) because im too ashamed to put them up here.
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