Tracker's Journal

Start a Trading Journal - Start Posting Your T20 Trades Here.
Tips for First Post: Start with personal introduction, share your story, your future plans.
Use Template Prodvided for Recording Trades.
Post Reply
Tracker
Free Member
Free Member
Posts: 183
Joined: 25 Apr 2014, 08:05
11

Re: Tracker's Journal

Unread post by Tracker »

First NEO session in May was not a very good start for me. First trade was a nice Long Breakout that worked pretty good. SL should have gone below the last Fruit there and maybe even SARd, as it was a last grasp to the upside. Exited the trade to late and gave back to many Pips. Thought about stopping then, but didn't, because I didn't want to miss out again as I did last week. What then followed was of course just bullshit. Campaign 296 was against the wave count and the Fruit that started campaign 297 also. Thus the SAR was not valid and the next breakout short just desperate in a sideways moving market. I am missing consistency. Sometimes I am to cautious where I should be bolder and then I get involved in sessions like today, where it would be best just to stop trading and not take 20 Pips risk. :-s

Camp 294: Breakout Long
Trade 1: Breakout Long + 13.6 Pips
Trade 2: Add On + 5.5 Pips

Camp 295: Breakout Long
Trade 1: Breakout Long - 12.2 Pips

Camp 296: Breakout Short
Trade 1: Breakout Short - 8.6 Pips
Trade 2: Add On -14.9 Pips

Camp 297: Fruit Short
Trade 1: Fruit Short - 18.5 Pips

Camp 298: SAR Long
Trade 1: SAR Long - 21.0 Pips

Camp 299: Breakout Short
Trade 1: Breakout Short - 17.5 Pips
You do not have the required permissions to view the files attached to this post.
Tracker
Free Member
Free Member
Posts: 183
Joined: 25 Apr 2014, 08:05
11

Re: Tracker's Journal

Unread post by Tracker »

NEO Session showed a nice wave 5 which I got into, but exited way to soon. Just to anxious to get some profit home. Should have trusted in wave 5 and the greater picture pointing to the downside.

Camp 300: Breakout Long
Trade 1: Breakout Long - 14.0 Pips
-----------------------------------------------------------------------------

Result after the 15th batch of 20 Campaigns: + 91.7 Pips


Discipline score for batch # 15:

Entry score: 13
TM score: 8
Exit score: 8


Camp 301: Fruit AA Short
Trade 1: Fruit Short + 27.7 Pips
Trade 2: Add On 1 +10.4 Pips
Trade 3: Add On 2 + 9.0 Pips
You do not have the required permissions to view the files attached to this post.
Last edited by Tracker on 13 May 2015, 15:36, edited 1 time in total.
Tracker
Free Member
Free Member
Posts: 183
Joined: 25 Apr 2014, 08:05
11

Re: Tracker's Journal

Unread post by Tracker »

NEO session, no trades. Was actually waiting for shorts, but didn't take the breakout then because box was so big and I still had a vivid memory of blundering around on Monday an losing to may pips in a sideways market with big AimsBoxes. I was in fact waiting for an AA Fruit to form.
My performance seems to go in waves, too. Some times I risk to much on low probability setups, then I am not willing to risk anything on a high probability setup and once in while I get lucky and hit a few trades.

The picture is just reminder for me of what I missed again.
You do not have the required permissions to view the files attached to this post.
Tracker
Free Member
Free Member
Posts: 183
Joined: 25 Apr 2014, 08:05
11

Re: Tracker's Journal

Unread post by Tracker »

NEO session could have been better. Tighter SL on campaign 303 as it was wave 4 and the entry of campaign 304 should have been above the 1st AimsLevel there.

Camp 302: Fruit AA Long
Trade 1: Fruit Long - 9.9 Pips

Camp 303: Breakout Short
Trade 1: Breakout Short - 22.2 Pips

Camp 304: Breakout Long
Trade 1: Breakout Long + 10.8 Pips
Trade 2: Add On 1 + 14.7 Pips
Trade 3: Add On 2 - 0.5 Pips
You do not have the required permissions to view the files attached to this post.
Last edited by Tracker on 13 May 2015, 15:36, edited 2 times in total.
User avatar
immy
Founder
Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
14

Re: Tracker's Journal

Unread post by immy »

Hi Tracker

@Its been a great pleasure reading your post. I have checked each and every trade and chart of yours. I know some points but I'd like to request you to take some time out this weekend may be a two hour session to reflect over the 300 camps. and try to find out a pattern. You might already have found a pattern , if yes then try to find some other pattern. Write them down and then perhaps meditate over them for a period of 10 -15 minutes. hopefully you'll find an answer that may be the best quantum correction leading you towards consistent success. I cannot teach you how to trade more than give you what I have given you. And its the same for everyone else. At the end it all depends on a trader's ability to understand themselves deep down on the inner levels. I'll repeat hte famous quote "If you don't know who you are, trading is a very expensive way to find out".

cheers have a great weekend (if I don't see you on Friday that is hehe)
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

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! 🍌
Tracker
Free Member
Free Member
Posts: 183
Joined: 25 Apr 2014, 08:05
11

Re: Tracker's Journal

Unread post by Tracker »

immy wrote:Hi Tracker

@Its been a great pleasure reading your post. I have checked each and every trade and chart of yours. I know some points but I'd like to request you to take some time out this weekend may be a two hour session to reflect over the 300 camps. and try to find out a pattern. You might already have found a pattern , if yes then try to find some other pattern. Write them down and then perhaps meditate over them for a period of 10 -15 minutes. hopefully you'll find an answer that may be the best quantum correction leading you towards consistent success. I cannot teach you how to trade more than give you what I have given you. And its the same for everyone else. At the end it all depends on a trader's ability to understand themselves deep down on the inner levels. I'll repeat hte famous quote "If you don't know who you are, trading is a very expensive way to find out".

cheers have a great weekend (if I don't see you on Friday that is hehe)
Thanks for taking the time to read through all that. It's really astonishing how much it has to do with ones psyche.
I will get to work on it.

Have a nice weekend.

Best regards, Tracker
Tracker
Free Member
Free Member
Posts: 183
Joined: 25 Apr 2014, 08:05
11

Re: Tracker's Journal

Unread post by Tracker »

Fridays NEO breakout got me some nice pips, but by far not what could and should have been made.
Have to get rid of that TP. Didn't move it fast enough. A second add on and a little more confidence in wave 5 would have done the trick.
Second picture shows what the NEO should have looked like.

Camp 305: Breakout Long
Trade 1: Breakout Long + 43.8 Pips
Trade 2: Add On + 35.7 Pips

Camp 306: Fruit Short
Trade 1: Fruit Short - 11.4 Pips

Camp 307: SAR Long
Trade 1: SAR Long + 11.6 Pips
You do not have the required permissions to view the files attached to this post.
Last edited by Tracker on 13 May 2015, 15:35, edited 1 time in total.
User avatar
Tomi
AIMSter
AIMSter
Posts: 954
Joined: 08 Jan 2012, 19:21
13

Re: Tracker's Journal

Unread post by Tomi »

In hindsight everything is different. Relax, I think you traded just fine. Some time ago I had an EA feature that removed any TP's if those were set. That was when I was trying to let the winners run and had to put even EA to help me to remove any winner limitations (rofl) After that I used close half feature. Of course I had EA feature for that one also. Lately EA has been completely refactored. All those features are removed. I even had a "complicated" algorithm for closing half when divergence was found. Everything removed. Outcome for all this is that trading is stress free due to plain simplicity and equity curve points to north. Anyway, enjoy the weekend fellow ~o)
User avatar
immy
Founder
Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
14

Re: Tracker's Journal

Unread post by immy »

Tomi wrote:In hindsight everything is different. Relax, I think you traded just fine. Some time ago I had an EA feature that removed any TP's if those were set. That was when I was trying to let the winners run and had to put even EA to help me to remove any winner limitations (rofl) After that I used close half feature. Of course I had EA feature for that one also. Lately EA has been completely refactored. All those features are removed. I even had a "complicated" algorithm for closing half when divergence was found. Everything removed. Outcome for all this is that trading is stress free due to plain simplicity and equity curve points to north. Anyway, enjoy the weekend fellow ~o)

Scaling out without scaling in, is just like applying the brakes as you speed up your car! Scale in to positions as it begins to move in a direction, scale out if you like, at the peaks. We want to build into positions as if building foundations for a sky scraper. Alot of stuff goes into the base before the tall structure shows its fascia above the surface. The start of a wave is tantamount to the origin of a river. Its the butterfly effect!
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

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! 🍌
Tracker
Free Member
Free Member
Posts: 183
Joined: 25 Apr 2014, 08:05
11

Re: Tracker's Journal

Unread post by Tracker »

Did just one trade on NEO and missed the action again.

Camp 308: Breakout Short
Trade 1: Breakout Short + 2.6 Pips
You do not have the required permissions to view the files attached to this post.
Post Reply