
Pair DAX
Entry: Seed, (inside box trades: wrong button, Monarch...)
Exit: TP at 2R, BE at 1:1, with ATM.
Result: -1%, Deleted PO, -1%.
DS: 1/3
Comment: Well managed Seed entry. After this 2 errors, inside the Channel...
Its good you realised that it was a behaviour of breaking rules. Would you like to repeat this behaviour more often? or would you like to reduce the occurrence of this behaviour? Do you want the monkey to be fed after a bad behaviour or good one? If you think it was bad behaviour, one that you do not want repeated, you must then have disciplinary procedures? I gave you some in the sample plan, and since I know you have adopted that plan, how will you enfore your discplinary procedures? what is it that you have promised to yourself that you will do if you break your rules? are you going to "not to do something" that you would have liked to have done? or are you going to make yourself doe something that you don't really like doing? For me the thought of "no trading the next session" if you make 2 mistakes is a horrible feeling. It keeps me disciplined? have you tried something like this? We are our own dogs/monkeys... we have to train ourselves...exponent83 wrote:
Pair DAX
Entry: Seeds
Exit: TP at 2R, BE at 1:1, with ATM.
Result: -1%
DS: 0/3
Comment: It was the end of the day, but the rent and deleted PO after that were correct. The last trade was after trading hours.
BUT I took -3% in the morning, so these trades were not valid, I reached the daily stoploss limit. Bad discipline.