Paul's journal [Brand New Pip Machine]

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Paul
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Re: Paul's journal [Brand New Pip Machine]

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11/5/2015 Monday Trades

10:12 sell ( 11703 ) +20
10:20 sell ( 11695 ) +12 (addon )
10:21 ( 11684) (addon)
DS 0
10:52 Sell ( 11683 ) +19 no addon

15:14 Buy (11704 ) -11 (rent )
DS 0
15;28 sell 11688 ) +22
15:32 11683 +16 addon
15:41 11678 +10
DS 0
Comments again did not stick with the Rules for the 1st trade of the day so again discipline issues so DS 0 all trades were green line exits
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Paul
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Re: Paul's journal [Brand New Pip Machine]

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12/5/2015 Tuesday Trades

09:21 sell (11598 ) +44
09:30 sell (11563) + 9

10:05 sell ( 11558) +32
10:09 sell ( 11547) +22
10:10 sell ( 115330 + 6
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immy
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Re: Paul's journal [Brand New Pip Machine]

Unread post by immy »

Hi Paul

Well done. Paul you are a true inspiration. Keep going. Your trading is simple and to the point.

to the readers: follow Paul's journal.
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! 🍌
Paul
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Re: Paul's journal [Brand New Pip Machine]

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My thank's to Sam and Immy for their comments, gives my confidence a great boost. I had to take my daughter to the doctors ( being a man I do not like doctors waiting rooms) so I looked at the charts to distract myself . This was another trade Tuesday 12/5/2015.

14:34 sell (11460 ) (classic s1 ? ) +26
14:36 ( 11448 ) addon below seed +15
close at reversal fruit . (close 11434 )
comments -Made for a great day ( I'm going to be a granddad again !! )
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Paul
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Re: Paul's journal [Brand New Pip Machine]

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Wednesday 13/5/2013 Trades

09:02 Sell (11535 ) +13 close 11522
09:07 Sell (11513} -09 addon close 11522

14:02 Sell ( 11563) +22 close 11541
14:15 (11546 ) +17 addon close 11541

15:13 Sell ( 11568 ) +43 close 11526
15:30 ( 11546 ) +22 addon close 11524

comments Just after my 1st trade lost my internet connection, will have to look at my exits again maybe trailing too close ! missed the 5 down !
Last 20 trades 13/7 did not have the required discipline to meet the mark !
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Paul
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Re: Paul's journal [Brand New Pip Machine]

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Friday 15/5/2015 Trades

09:22 Sell (11637 ) Exit (11603 ) +29
09:33 (11632 ) addon +26
09:45 (11617 ) addon +11
10:00 (11599) addon -04

comments no trades Thursday and just the one Friday because I was not feeling well :ymsick: there is next week !! :)
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Paul
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Re: Paul's journal [Brand New Pip Machine]

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Spent a couple of hours on Sunday reading some of our members journals and have to thank all members who post their journals it is of immense help and I recommend it to all members, :-bd
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wiseambitions
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Re: Paul's journal [Brand New Pip Machine]

Unread post by wiseambitions »

Paul wrote:Spent a couple of hours on Sunday reading some of our members journals and have to thank all members who post their journals it is of immense help and I recommend it to all members, :-bd

I agree. The two types of posts which I find most helpful are

1) visualisation of good trade setups (and exits)

2) discussion about attitudes, discipline, money management etc, which is all part of the same thing.

Other forums might discuss fundamental matters such as what the market is liable to do next, but this seems to be of little better value to me than fortune telling.


Also, often by writing something down it causes our thoughts to develop, and I wish more people would do the same, there are hundreds of paid up members, there must be far more reading the journals than contributing to them.
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."
Paul
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Re: Paul's journal [Brand New Pip Machine]

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Monday 18/5/2015 Trades

09:06 Sell 11489 (fruit ) close 11484 -5
09:31 Buy 11489 close 11479 -10

09:57 Sell 11473 S1 close 11432 +41
09:58 11469 addon close 11432 +37
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Paul
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Re: Paul's journal [Brand New Pip Machine]

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Friday 29/5/2015 Trades

10.26 Sell (11644.79 ) close (11573.40 ) +71.39

14.41 Sell (11608.50 ) close (11550.90 ) +51.60
14.56 Sell (11598.02 ) close (11549.40 ) +49.63

Comments First trade for 2 weeks due to "technical problems " sudden spike on the second trade caused me to close the trade manually so technically I did not follow my rules DS for that trade 0 so DS =2/0. My thank's to Steve (snorm ) for FTM all these trades were taken with it, great for a man with 1 functioning hand at the moment ! Still mental things to work on ( fear + greed !)
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