Pankaj-Trading Journal

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ppandekar
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Re: Pankaj-Trading Journal

Unread post by ppandekar »

T17: Did not remove the SAR order. Realised mistake that SAR is immediate.
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ppandekar
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Re: Pankaj-Trading Journal

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T18: Classic entry
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wiseambitions
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Re: Pankaj-Trading Journal

Unread post by wiseambitions »

I got caught out for 6 or 7 pips SL on that entry too, but went into another trade soon after and more than recovered that rent.
Just say "next please" and wait for the next setup and measure things in terms of several days, 20 trades, or any other measurement, and if you follow the recommendations you'll come out right in the end.
I wish more people would come on here to share something on their journals

[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)

1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]

"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
ppandekar
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Re: Pankaj-Trading Journal

Unread post by ppandekar »

T19: Fruit and SAR. Just feel in hindsight i should take only better quality fruits like this one.
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ppandekar
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Re: Pankaj-Trading Journal

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T20: Fruit and SAR with green line exit. Its time to review the T20 now and score on DS.
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ppandekar
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Re: Pankaj-Trading Journal

Unread post by ppandekar »

Begun another T20. My DS for previous T20 is 16/20. This time will track daily trades in a single file. Will put up daily PIP record this time. With time i am graduating and i find it interesting to keep journals...earlier it felt boring. The urge to pass on trades is still there but i am finding it easier now to pull the trigger. Read Grants journal...find very interesting how detailed it is. Took a look at Immy's Feb trading plan and Steve's trading plan and created my own. Thanks a lot Guys!!
ppandekar
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Re: Pankaj-Trading Journal

Unread post by ppandekar »

Date = 8-Apr-2015
Number of Trades = 4
Discipline Score = 3/4
PIP= -81.8
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ppandekar
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Re: Pankaj-Trading Journal

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Date = 9-Apr-2015
Number of Trades = 1
Discipline Score = 1/1
PIP = 29
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ppandekar
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Re: Pankaj-Trading Journal

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Date = 10-Apr-2015
Number of Trades = 6
Discipline Score = 5/6
PIP = 39.8
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immy
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Re: Pankaj-Trading Journal

Unread post by immy »

Hi Pankaj!

Its great you've started your journal and you're updating. I was wondering if you could share a screen shot instead of word or pdf docs. Its easier that way. People tend to not download things. We live in an age of information and everyone wants it right there and then! :)

cheers buddy
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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