Jozef's Journals Setup 1 DAX M1

[Jozef]

T_20_M1_7 DAX

Trade 1/1
I took this double AIMS level. Exit at green.
DS1

[Jasmien]

What a great result on your T20!! Keep going darling

[Jozef]

T_20_M1_7 DAX

Trade 2/2

Break trade. I closed it at green. Small rent -0,2

DS1

Trade 3/3
reentre at box, I took half at BE. It hit TP nice 2,2 R trade

DS1

[immy]

what a lovely trade jozef. loved it... nicely done.

[Jozef]

T_20_M1_7 DAX

Trade 3/2
I decided to talk about my trading this day. I do not know what happened with me. It is hard to me to explain it by English but I try it. It was like not me. When I came back again to be conscious I was really surprise. I filled like after drug or alcohol. It was like trade somebody other. It is looks like my second unknown me. GRRRR. I am scared from him. It was really hard fight to stop him. On the other hand I am happy that I recognise it. I went trough all trades this day. It was not so wrong. Some was stupid. More from it were correct but I wrongly manage this trade. It could be a BE or win.

this black Friday I classify as one big DS0
total score is -3%
It vanished whole nice week trading. OMG OMG OMG

[Tomi]

It's the berserk within us that takes the control. We all have it. Difficult to normalize when it has the control. Personally I try to tackle the problem by planning, and following strictly the plan. In the same time a sidenote: we are humans and it's sometimes difficult for all of us. If noticing berserk rising its head, do your best and close the charts. Do anything else than trading.

For S1/S2's good rule in the plan is to *always* before setting pending order check if the market is moving. If not: no trading. Be in the sidelines.

For fighting against the trend take only couple of tries and if those doesn't work, leave the wave. It's gone and next wave will come shortly. Be in the sidelines.

For fruits my plan is under construction but it's going something like this: don't trade into w4/w2/saddle point, trade *from* w4/w2/saddle point. But for fruits it's a bit different as risk management goes differently than regular setups.

Good thing is that market moved yesterday at least. In choppy small range market you might have got even bigger drawdown in small period of time.

Another good thing is that you noticed the berserk mode being active. Take a deep breath and lower down from over trading to trading the plan. These were the thoughts from morning coffee. Relax and in general your trading is great.

[immy]

It happened again... oh boy ..

There is Mental Virus that Haunts the M1 Trader

I have to say it. This is why I discourage people from trading the M1. There is this mental "virus" that hits you from time to time. Not just you, but everyone. I've had it happen to me on numerous occasions. As you described, you go into a trance and by the time you get out of it, its too late. And then you wonder, "what hell were you doing?".

I see trades above, and I can clearly see that you were simply clicking the buy and sell option on your ATM without any regard for whether it was a setup or not. It is for that reason we have made "taking the trade" decision a little harder on us, deliberately.

When you train for The Hunt method, every entry is pre-qualified and further filtered, thus "reducing" the number of entries. It forcesw you to "think" before you leap. The Fruit method is a very aggressive method from the Entries point of view. you make a lot of entries but it is "balanced" with "ultra conservative" Risk management.

The initial Entry is based on either a fruit or box break. And no matter its a box break entry or fruit entry, the first entry is supposed to be your lowest lot size. I keep it as low as .25%. The second entry can then be double even triple of that followed by an entry that is double of of the original. making it 1.5% per campaign. If your risk management was correct /i.e. if your position sizing was correct , taking too many trades, on valid signals, will not be a problem.

But what you show here, is exactly what Tomi highlight and what you know already. Its that weird state of mind where your brain gets clouded and you one seem to not know what one's doing. You know it very well now, as its not your first time. Another reason for Trading the M5 only and another reason for Taking a break 2-3 times during the day.

Nevermind though, it was only -3%. I've seen people drop by 10% in one day and next week they win it all back as if nothing happened

have a good sunday and lets START again ... M5 is worth considering...

[Jozef]

Tomi and Immy thanks for your respond. I know that this happen to me sometimes. I am trying to clean my head. It is hard. This is very hard. I know that I can trade nicely and than I performed like this. I hope the I will go trough it early and I will think about it only with smile and I will tell that was only learning hard time. Never mind I love trading a lot I will continue to learn and finally I will be a winner and a perfect trader.

[Jozef]

T20_M5_ FRUIT

trade 18/15

I took this fruit at M5 morning. two add ons at break of box. The add ons were clause to early. The fruit position closed at box trail.

DS1

[Jozef]

T_20_M1_7 DAX

trade 5/4

I took break AIMS double level but I did not worked. Small rent NEXT

DS1