David's journal
- immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: David's journal
Hi David,
first drink a cold glass of water and take a deep breath... then check the pic below.
first drink a cold glass of water and take a deep breath... then check the pic below.
You do not have the required permissions to view the files attached to this post.
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
yes you are right, the seeds are invalid. AO peak is at the same height as the previous peak so its not a new higher or lower peak. I will pay more attention to this. Thanks 
As for the BDC which might not be one because it closed near middle. trend was strong so I gave it a shot. Maybe overly aggressive/confident.

As for the BDC which might not be one because it closed near middle. trend was strong so I gave it a shot. Maybe overly aggressive/confident.
- azadar
- AIMSter
- Posts: 245
- Joined: 01 Dec 2012, 01:53
- 12
Re: David's journal
I have not updated my journal in the last 3 days. I have been too busy trading ! I changed my trading plan to trade only the following: Seeds (Grant's rules), AA fruits, and classic breakouts. I will also change the format of my journal and post a few trades only because its too time consuming to post every trade (I am now trading currencies as well as indices on M1).
I also changed my trading times. Basically I trade whenever im in front of the charts and happen to see a strong enough wave 3 on a chart with low spread. I caught a nice eurjpy long during asian session while the dax trade happened late in the NY session.
So far the results are amazing. +15% since I started using the new indicator and strategy. Here are some of the best trades I made:
I also changed my trading times. Basically I trade whenever im in front of the charts and happen to see a strong enough wave 3 on a chart with low spread. I caught a nice eurjpy long during asian session while the dax trade happened late in the NY session.
So far the results are amazing. +15% since I started using the new indicator and strategy. Here are some of the best trades I made:
You do not have the required permissions to view the files attached to this post.
- immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: David's journal
Davidazadar wrote:I have not updated my journal in the last 3 days. I have been too busy trading ! I changed my trading plan to trade only the following: Seeds (Grant's rules), AA fruits, and classic breakouts. I will also change the format of my journal and post a few trades only because its too time consuming to post every trade (I am now trading currencies as well as indices on M1).
I also changed my trading times. Basically I trade whenever im in front of the charts and happen to see a strong enough wave 3 on a chart with low spread. I caught a nice eurjpy long during asian session while the dax trade happened late in the NY session.
So far the results are amazing. +15% since I started using the new indicator and strategy. Here are some of the best trades I made:
firstly congratulations on your success, its been a pleasure trading with you. I know you've been busy in skype and i can see you have a good knack for this type of trading. Well done.
Here are important points I must highlight to you! And I thank you for writing them.
1. I have not updated my journal in the last 3 days.
>>> Think about this again. If you don't update your journal properly, you'll exit the list of elite top performing traders who keep a thorough record of their trades, emotional and psychological condition.
2. I am too busy
>>> Remember less is more...
Hope you give the above too a bit of thought
all the best.
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
Thanks 
Yes Immy you are right. Journal is very important but the way im doing it is very time consuming and probably not the most effective.
I will still keep track of trades in an excel file to analyse my trading but I want to lighten the load a little bit. Friday I took trades on 6 different instruments and sometimes the same instrument during different hours. That means about 10 screenshots to cover all my trades. Commenting and uploading screenshots takes a while so I am thinking about simply posting 1 screenshot per day.
As for your second comment (less is more), I must admit I am super excited about the strategy and results. I did put in more screen time during the last 3 days. Grant's rules are so easy that I find I can trade longer and still trade well. But you are right I should be careful about my trading time and find a balance for the other things.

Yes Immy you are right. Journal is very important but the way im doing it is very time consuming and probably not the most effective.
I will still keep track of trades in an excel file to analyse my trading but I want to lighten the load a little bit. Friday I took trades on 6 different instruments and sometimes the same instrument during different hours. That means about 10 screenshots to cover all my trades. Commenting and uploading screenshots takes a while so I am thinking about simply posting 1 screenshot per day.
As for your second comment (less is more), I must admit I am super excited about the strategy and results. I did put in more screen time during the last 3 days. Grant's rules are so easy that I find I can trade longer and still trade well. But you are right I should be careful about my trading time and find a balance for the other things.
- Grant
- Posts: 943
- Joined: 14 Aug 2011, 14:52
- 14
Re: David's journal
(wd) (wd) (wd) (wd) (wd)
Good to see some lovely positive trades...
rinse and repeat
Grant
ps. i also second Immy and say keep up with the record keeping... I find it helps show trends (positive and negative) in my trading, so if needed, adjustments can be made...
Good to see some lovely positive trades...
rinse and repeat
Grant
ps. i also second Immy and say keep up with the record keeping... I find it helps show trends (positive and negative) in my trading, so if needed, adjustments can be made...
success = patience + discipline - greed
- immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: David's journal
azadar wrote:
So far the results are amazing. +15% since I started using the new indicator and strategy. Here are some of the best trades I made:
I want to say it again... bruh ... those are the setups you traded them welll... go on buddy
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!
- immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: David's journal
oh yes... and I'm sure now that they are encoded into an indicator, thanks to Steve, our job is even easier isnt it?azadar wrote:Thanks
Grant's rules are so easy
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
today I went from +12% to +5% because I took a ton of rents at the end of the session. Not really happy about pissing all my profits away like that.
You do not have the required permissions to view the files attached to this post.
- azadar
- AIMSter
- Posts: 245
- Joined: 01 Dec 2012, 01:53
- 12
Re: David's journal
Saw a nice trend on gold this evening and took a few trades. I traded really poorly and missed big account growth but I thought I would share the picture as its a really nice clear pattern worth over 15% if rules were followed.
You do not have the required permissions to view the files attached to this post.