TJ's Journal

[immy]

You are welcome to Join H1 Fruit TRading any time. As I'm doing full time training there... cheers
ps: and anyone else.

[SprayPlaster]

You are welcome to Join H1 Fruit TRading any time. As I'm doing full time training there... cheers
ps: and anyone else.

Thank you Immy. Yeah, I will open some separate charts for Fruits and just mentally follow along your trades. I think for someone like me who has a terrible habit of jumping from one program/method to another every week (not just forex, but also powerlifting, Muay Thai, dieting etc) it's best if I finish up my T20 as planned first, haha.

Was driving for over 7 hours yesterday, so no more trades this week. Summary as follows:

[immy]

We have to learn to FINISH THINGS. Jack of All master of None will remain a Jack after all. If there is one thing that I did not have and after working hard to achieve it has changed many aspects of my life trading and beyond, that is CONSISTENCY. My father used to say that to me all the time when I was younger. He'd say, forget everything son, you need to work on consistency. To start with, don't go for perfection, don't set huge goals, your goal is to FINISH SOMETHING....

[SprayPlaster]

We have to learn to FINISH THINGS. Jack of All master of None will remain a Jack after all. If there is one thing that I did not have and after working hard to achieve it has changed many aspects of my life trading and beyond, that is CONSISTENCY. My father used to say that to me all the time when I was younger. He'd say, forget everything son, you need to work on consistency. To start with, don't go for perfection, don't set huge goals, your goal is to FINISH SOMETHING....

This is so true. Unfortunately it took a couple of decades of inconsistencies and under-achievements for me to learn this. It finally clicked when my brother called me out on this. I had trouble losing weight when I was younger, kept jumping from one crash diet to another before gaining them all again. So he told me to just aim to lose 1kg every month. I wanted to lose at least 10 per month so obviously I didn't listen. 3 years later, I was actually fatter even after countless times starving myself and literally running myself to the ground, but due to inconsistencies, in the end there was nothing to show for all those effort. He then reminded me that if I have followed his advice I would've made Victoria's secret models look like hippos in bikinis with virtually no effort.

[SprayPlaster]

Trade 1

Pair: EURUSD
Entry: Cherry
Exit: 2R
Result: -1R (-0.1%)
Disciplinary Score : DS 1
Comments: On hindsight, I think I probably shouldn't have entered here because the AO looked like it was losing momentum and going into wave 4.

[SprayPlaster]

Trade 2

Pair: GOLD
Entry: Cherry
Exit: 2R
Result: 1R (0.1%)
Disciplinary Score : DS 0
Comments: I forgot to check the dark bars when entering the trade. An hour after entering I noticed that there was only 1 dark bar after the peak (my plan is to have at least 2 dark bars for retracement). So as punishment to myself I closed the order at 1:1. It was a lucky move though because if I let it run it would've been a BE.

[SprayPlaster]

Trade 3

Pair: GBPUSD
Entry: Cherry
Exit: 2R
Result: -1R (-0.1%)
Disciplinary Score : DS 1
Comments: N/A

[SprayPlaster]

19/5/2016

Trade 1

Pair: USDJPY
Entry: SEED
Exit: 2R
Result: BE (0%)
Disciplinary Score : DS 1
Comments: N/A

[SprayPlaster]

Trade 2

Pair: AUDUSD
Entry: Seed
Exit: 2R
Result: -1R (-0.1%)
Disciplinary Score : DS 1
Comments: After taking the signal, had some work to do so was away when the next signal popped up. If I was in front of my screen when the next one showed up, I would've canceled the PO and took the next one instead as it has a tighter SL and would eventually hit 2R profit.

[SprayPlaster]

Trade 3

Pair: GOLD
Entry: Seed
Exit: 2R
Result: BE (0%)
Disciplinary Score : DS 1
Comments: Same thing as AUDUSD trade above, was away when the next signal which has a tighter SL popped up. Probably would've avoided from getting kicked haha. Oh well, would've could've should've, next!