Tracker's Journal

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Tracker
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Re: Tracker's Journal

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Could not start the morning session till 09:30 today, so I missed the nice little short Fruit. Tried a Fruit long at 09:36 and the following SAR got me into the down move used the green line stop and had TP at 11206 which got hit.
In the afternoon there was no real movement till NYSE, so I didn't get involved till 15:33 when I took the Fruit Long. Like in the morning the SAR got me into the nice down move. Didn't SAR above my exit Fruit down there because of news coming up.

Camp 52: Fruit Long
Trade 1: Fruit - 9.2 Pips

Camp 53: SAR Short
Trade 1: SAR + 75.9 Pips

Camp 54: Fruit Long
Trade 1: Fruit - 10.4 Pips

Camp 55: SAR Short
Trade 1: SAR + 38.3 Pips
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Tracker
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Re: Tracker's Journal

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Morning session with two mistakes. First I entered above that AL at 09:05 instead of 09:00 out of fear to miss a move upwards, and second I closed my nice short trade with one add on to early. My SL was sitting nicely above the AL and I closed the trade just because one bar slightly touched the green line. I have to wait for a close on green. The trade was secured above the AL anyways, so I could have comfortably waited for the drop that came 2 minutes later and would have gotten me an extra 38 Pips. I can't permit myself to make mistakes like that!!!!!!!! :o
The afternoon session was a disaster. After those three nice 20 campaign batches I raised my lot size a little, but that was not the reason for screwing up. It started out not to bad, I followed the rules, but then came the first screwup. Should have trailed the candles, after the price pulled away from the gator, but didn't. Kept moving my stop back up. Big mistake!!! The next two trades were technically ok, but had a pretty big SL. After that I should have stopped trading the market had already moved 80 Pips down and a 100 pips up and I had lost over 60 Pips. Concentration was gone and I just wanted my pips back and small wonder lost more. I have to stop trading after my max loss for the session is reached!!!!!

My session SL will be minus 50 Pips.

Camp 56: Breakout of AL Long (mistake)
Trade 1: Breakout - 15.3 Pips

Camp 57: Fruit AA Long
Trade 1: Fruit - 7.6 Pips

Camp 58: SAR Short
Trade 1: SAR - 9.1 Pips

Camp 59: Fruit AA Long
Trade 1: Fruit + 28.8 Pips

Camp 60: Fruit Short + Add On (mistake; closed to early!!!!!!)
Trade 1: Fruit + 11.9 Pips
Trade 2: Add On + 8.7 Pips
-----------------------------------------------------------------------------

Result after the 3rd batch of 20 Campaigns: + 108.4 Pips


Camp 61: Fruit Short
Trade 1: Fruit - 8.1 Pips

Camp 62: SAR Long
Trade 1: SAR - 10.1 Pips

Camp 63: Fruit AA Long
Trade 1: Fruit - 10.4 Pips

Camp 64: SAR Short
Trade 1: SAR + 3.9 Pips

Camp 65: Fruit Short
Trade 1: Fruit - 18.0 Pips

Camp 66: SAR Long
Trade 1: SAR - 20.4 Pips

Camp 67: Fruit AA Long
Trade 1: Fruit - 13.4 Pips

Camp 68: SAR Short
Trade 1: SAR - 14.8 Pips

Camp 69: Breakout of AimsLevel (Mistake; I am a Fruit trader damm it; Fear off missing out)
Trade 1: SAR - 24.6 Pips

Camp 70: Breakout of AimsLevel (Mistake; I am a Fruit trader damm it; Fear off missing out)
Trade 1: SAR - 7.8 Pips

Camp 71: Fruit Short
Trade 1: Fruit - 9.5 Pips

Camp 72: SAR Long
Trade 1: SAR - 12.8 Pips
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immy
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Re: Tracker's Journal

Unread post by immy »

Tracker what does your result prove to you?

1. Is this a statistical proof that the system works?
2. Is this a statistical proof that you can do it using this system?
2. is this an exercise that enhances your understanding on your knowledge of market and most importantly yourself?

Regards
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
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Re: Tracker's Journal

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1, 2, 3 can in all honesty be answered with yes!

Tomorrow I will be back on track!

;)
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immy
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Re: Tracker's Journal

Unread post by immy »

Does this also prove that AB de Villiers is the best batsman in the world?


Image
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! 🍌
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kiravon
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Joined: 18 Dec 2013, 14:08
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Re: Tracker's Journal

Unread post by kiravon »

Hello Gregor
Very encouraging to see your progress, my first batch of 20
was similar to yours so if my next two batches follow suit I will
be well pleased :)

This twenty trade principle is fantastic isnt it
Stop searching for the Holy Grail, you've already found it -
It's in your mind!
Tracker
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Re: Tracker's Journal

Unread post by Tracker »

kiravon wrote:Hello Gregor
Very encouraging to see your progress, my first batch of 20
was similar to yours so if my next two batches follow suit I will
be well pleased :)

This twenty trade principle is fantastic isnt it

Hi Michael,

you are right, it is encouraging, although my fourth batch didn't go as well. But that wasn't the systems fault.
I didn't manage some of my trades correctly and didn't stop trading when I should have.
Let's see how this week goes.

Many pips to you.

Gregor
Tracker
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Re: Tracker's Journal

Unread post by Tracker »

Tried some trades during the morning session, but the market didn't take of into one direction. Everybody waiting for NFP.
Stopped trading after a few tries, so I at least followed the plan. Probably should not have traded at all before the NFP.

Camp 73: AimsLevel Breakout Short
Trade 1: S1 - 6.0 Pips

Camp 74: AimsLevel Breakout Long (Should have taken the Fruit Long)
Trade 1: S1 - 7.5 Pips

Camp 75: Fruit Short
Trade 1: Fruit - 10.7 Pips

Camp 76: SAR Long
Trade 1: Fruit - 15.0 Pips

Camp 77: AimsLevel Breakout Short (Should have taken the Fruit Short; the breakout was desperate again, because I didn't take the Fruit)
Trade 1: S1 - 4.3 Pips
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immy
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Re: Tracker's Journal

Unread post by immy »

Tracker wrote:
kiravon wrote:Hello Gregor
Very encouraging to see your progress, my first batch of 20
was similar to yours so if my next two batches follow suit I will
be well pleased :)

This twenty trade principle is fantastic isnt it
my fourth batch didn't go as well. But that wasn't the systems fault.

Gregor
As explained in the T20 ebook, I'd like to highlight here again. The purpose of this exercise is twofold. one is to forward test a strategy,not much benefit here because AIMS is already been proven, but slightly advantageous to you as you will come to know its power first hand. The more important benefit for an individual trader is that this exercise is a method that will allow you to learn to become a disciplined trader, it allows you to check how many times were you 100% disciplined. Did you make a mistake in other words Did you break your rules? Its not just a chore of 20 trades. No, the objective is to win consistently. Staying disciplined is the answer.
the objective is to check every batch inside out and find out what is the pattern of "your" behaviour a pattern that may highlight your weak points. Why do you make those mistakes, find the origin and rectify it. in most cases the origin of the mistakes will be "inside" of you, ie.e psychological in nature instead of something from "outside" of you (the chart/the market). Just like the market we also have an internal structure. We are working on our own structure as opposed to popular technical analysis gurus do who try to change indicators in order to try to change the structure of the market, a futile effort.

Find out when is there a lapse of concentration, when do you make mistakes, why you make mistakes, find out what are the beliefs behind your behaviour, the conflicting forces, when this happens refocus on what it is you're trying to do, if your purpose is to achieve consistency, then it will disrupt the thought process that create a conflict. . The reason you don't take a signal, or take an action without a signal is because there are conflicting beliefs inside that compel you to take action that is not inline with your plan and become not consistent. You see a signal yet you don't take it, this shows there is a conflicting belief that is stopping you to take action at the same time there is a belief that is demanding expression asking you to take this action. Which one wins will depends on the energy and strength inside the dominant belief

Edit: So I'd like to add that to get the real benefit of the T20 principle is that you must count how many mistakes you made in those 20 trades. and focus on eliminating the mistakes. The result of the 20 trades, does not matter at all. This will train you and make you a Professional trader. Then you will be able to benefit from any strategy you like. People will see your trades and think, "its a great strategy" not knowing YOU are a great trader.
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
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Posts: 183
Joined: 25 Apr 2014, 08:05
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Re: Tracker's Journal

Unread post by Tracker »

Morning Session started pretty good. Did what had to be done. Thought about taking that Fruit long down there, because it was the bottom of wave 3, but didn't. To much thinking.
AA Fruit short was a nice valid signal with add on, but turn against me. SAR to the long side would have been the right decision here. Would have gotten me 16 Pips. Fruit short was ok with one add on, but then again the exit thing. AimsLevel was very close. Should have stayed above the AL instead of closing a fractal of a second to early again. Trailing candles would have gotten me another 30 Pips, but as it is it is more like +/- 0 Pips this morning.

Camp 78: AimsLevel Breakout Short
Trade 1: S1 - 8.7 Pips

Camp 79: Fruit Long
Trade 1: S1 - 10.1 Pips

Camp 80: Fruit Short
Trade 1: Fruit +25.0 Pips
Trade 2: Add On +14.2 Pips
-----------------------------------------------------------------------------

Result after the 4th batch of 20 Campaigns: - 169.1 Pips


Camp 81: AA Fruit Short
Trade 1: Fruit - 12.5 Pips
Trade 2: Add On - 16.7 Pips

Camp 82: AA Fruit Short
Trade 1: Fruit + 8.0 Pips
Trade 2: Add On + 0.6 Pips
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