T-Rod Journal

[T-Rod]

Hi my name is Thami, I'm a newbie . I've had a look at some of the Journal's from other members and have also decided that the best way to learn from myself and others is to keep a Journal. This is a beginning of something BIG . Patience and Discipline is the order of everyday :-bd. I will be posting my trades just still trying to figure out how to write on the picture, Help anyone?

[immy]

Congratulations on starting your journal! keeping a journal is a vital part of being a professional trader!

Welcome to the community!

May the pips be with you!

[T-Rod]

Hi,

It's been a great first day for me using Aims, I took 3 trades ALL winners, missed a couple but I guess trades I like buses you will always catch the next one. Attached are my trades for today. Total = 20.14 pips, 2% Account Growth. Any comments suggestions will be appreciated
Thanks,

T-Rod

1st Trade on Aims.jpg

2nd Trade 11 Jan 12.jpg

3rd Trade 11 Jan 12.jpg

[T-Rod]

Hi,

The fear in me was truly tested today, looking at the time I took the 1st trade to the last trade If I could, I would have just been on that trend till the last of it, but I kept on getting in and out . I guess I will be able to manage my fear with time. I had 4 positive trades = 34 pips and I had to pay
Rent = -13 pips (I was silly for taking this trade, my cork up )

My total for today = 21 pips (2%)
Please see attachment below for wise words and comments

Thanks,

T-Rod

trades for 12 jan 2012.gif

[msk185]

Hi

Just been looking through some journals today, congratulations on the trades you posted a good outcome for you.

A couple of observations, you seem to have taken a few trades towards the purple, if this is a concious decision then ok but I understand that it is recommended to trade away from the purple line. My second observation is that on some of the trades I'm not wholly sure what prompted your exit.

Well done though looks like you made c4% over those 2 days which is a great return.

Cheers

Mike

[T-Rod]

Hi Mike,

Thanks for your kind comments. I always try to trade with the trend, I guess it was just misjudgement that I traded towards the purple line (newbie's mistake ). As for going out of the trades too quickly, Fear, fear and more fear, I guess that something I just need to overcome as I progress in trading. But with great advice from competent traders like yourself one can only get better with time.

Thanks
T-Rod

[Julius]

On you first post with several trades, what is you rule for exiting? Thanks! Julius

[T-Rod]

Hi Julius,

I confused myself by looking at the stochastic oscillator whilst on the trade and that resulted in me going in and out of trades . From now on I will just use Aims as is with no additional indicators. It works perfectly as is.

Regards,

Thami