Nikita`s journal

[Nikita]

I've been thinking about this approach. Should give t a try!

YD Immy mentioned very interesting theme - perfect system. We can find on every forum about any activity phrase - "no man, that s not how we do!" That's how stereotypes are born. We get used to the way we do something and when someone start doing the same thing in the differs way and achieve a success- people feel discomfort. They think that this guys is just a lucky bastard! But no one think that he see the world in a different color!

Immy mentioned about fruit trading. It s not for everyone. I don't say that not everyone can be a successful fruit trader but not everyone will feel comfortable trading it!

There are so many ways to enter the market- s1/2, seed , cherry, fruit. You can trade m1 or D1. It s up to you. You can give a room for price and enjoy 1;6 RR trades. Or set a hard TP 1:2 and feel yourself in a safe place. You can trade 1 hr or whole day. The idea of this post - YOU CAN DO WHATEVER YOU WANT TO BE IN THE ZONE.

Don't be reckless and greed. Always follow the rules and enjoy the trading. Because if you don't - you will bend your own rules because of feel unsatisfied!

Take care of you mental condition. Don't be afraid to find your own way.
No luck, just discipline and patience.

[Nikita]

My 1st T20 compaign has ended with DS 14/20 and 3.3% growth!
It is pretty low result, but i assume, that it is only the beginning. My 1st 10 trades - were trerrible, but last one - not bad at all.

2015-09-28_1157.png

19/20 - seed - GFC NOT ok (i missed that it was red candle) - DS 0 - "-1%"
20/20 - Cherry - GFC ok - rent - "-1%"
Total: -2%
DS: 1/2

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAnd, my 2nd compaign begins

1/20 - seed - GFC ok - DS=0 (decide that after such tight range i could grasp 1:3) - "+1,3%"
2/20 - seed - GFC ok - DS=1 - give it a try to catch w5 of w3 - rent - "-1%"
Total: "+0.3%"
DS: 1/2

I m trying to think about trading in long range. I believe that all my mistakes are correctable and i will succede in correcting them!

[immy]

Remember the purpose of T20. You're trading "Consciously" not "unconsciously". You know your limits and you know your goals! The goal of any trader is to
ACHIEVE CONSISTENCY
That is why you're doing T20. It does not matter if you make money/grow account or not. What matters is your DS! (discipline score) Once you understand this, you will be a different trader> once you earn the RIGHT to call yourself a disciplined trader, people will give you systems to trade and you will make the system look good because a disciplined trader can trade any system!

[Nikita]

It s still hard to accept, but i m fully agree with you, Immy. Focusing on DS!

2015-09-29_1123.png

3/20 - cherry - GFC ok - TP 1:2 (slippage and 1:1.8) - DS 1 - "+1.8%"
4/20 - was typing while cherry appeared, so missed to set po, but then DC emerged, so took it. - DS 1 - TP 1:1.8 - "+1,8%"
Total: "+3.6%"
DS: 2

Turning to way of trading. Immy mentioned such traders called "profit limiters". As for me, it is not bad at all to be called that way. I hope my consistency will help me to merit such title!

P.S. Whant to say THANK YOU Immy, who made able for us to use such system. We are here not thinking about "What is 3% means". Most businessmen in Russia arent able to make 3% a month. Only really professionals or big companies can show such resluts. With bigo depo all those numbers (1% per day, or 3% per week, or 9% per month) - it is like magic. So i m trying to repeat it like a mantra, that 1% per day is just amazing. It is magic.
NO luck, just discipline.

[Nikita]

Today was a nice session. It wasnt that smoothy as YD LO. To earn today you need to show real P&D!
I almost failed that exam, but my will for become a megatrader won this time! Thanks a lot for everyone, especially Mic, Immy and Grant for cheering me up.
It helped a lot to stay focused.

2015-09-30_1154.png

5/20 - cherry - DS 0! 0! 0! - (angry) - deserted rent - "-1%"
6/20 - cherry - GFC ok - DS 1 - "+2%" (although i had to worried a bit due to my inthernet connection)
Total: "+1%" (always remember that 1% a day means 5 per week and 20! per month)
DS 1/2

H - hesitation point - i was looking at this seed, but skipped that due to its location right on the purple. May be later, i ll be giving a try to those ones, but now i m conservative profit limiter. So waited patienly for nice (to me) setup.

No luck, just discipline and patience.

[Nikita]

Today we could observe how HTF R level is working. Tested 3 times and reverse.

2015-10-01_1136.png

7/20 - Cherry - GFC ok - BE - "0%" - DS 1
8/20 - Cherry - GFC ok - BE - "0%" - DS 1
9/20 - Cherry - GFC ok - TP 1:2 - DS 1 - "+1.7%" ( i think i m doing some math mistakes due to not getting exactly 2%.. need to check this..)
Total: "+1.7%"
DS 3/3

Looking at chart, feel a little bit proud of myself for P&D. It s strange but pleasant feeling to follow the rules. Even when you had rent, if you were in line with rules it doesn affect you.
Wish no luck, just patience and discipline.

[immy]

It s strange but pleasant feeling to follow the rules. Even when you had rent, if you were in line with rules it doesn affect you.
Wish no luck, just patience and discipline.

wooohooo someone is finding the light! someone is entering a different paradigm!!!! welcome

[Nikita]

Thank you for your guidelight and warm welcome!

It was pretty smooth morning. First signal was a nice monarch (it was so small, that i add a point in my rules - if seed/dc < 6 pips, i set TP 1:3)
10/20 - seed - GFC ok - super small candle - DS 0,5 - "+3%"

Total:"+3%"
DS 0,5/1

WIsh no luck, just P&D!

[immy]

Thank you for your guidelight and warm welcome!

It was pretty smooth morning. First signal was a nice monarch (it was so small, that i add a point in my rules - if seed/dc < 6 pips, i set TP 1:3)
10/20 - seed - GFC ok - super small candle - DS 0,5 - "+3%"

Total:"+3%"
DS 0,5/1

WIsh no luck, just P&D!

and just like you have achieved your 3% goal you should also stop trading if you do the opposite. Its really simple but hard to accept at times. We can consider a basket of trades taken during a day as 1 Trade. That 1 trade also must have a SL and a Target Point. So we go with -3 +3 approach we will enough "breathing room" between daily stop loss of negative 3% and daily profit goal of plus 3%. Sometimes we might not hit any of the "cut off" levels other days one of each will get hit first. This way trading can really be stress free and more fun!

All IMHO!

[Nikita]

My daily goal is 4%, really. But 4% is for 2 session per day. So for one session 2% is enough. And as you can see - that was the only trade.

Unfortunately, i had to stop trading for the next 2 weeks. Have some job issues. I was you all P&D. Enjoy your time of trading. See you later.