Tracker's Journal

[Tracker]

Trading without keeping a journal is really a waste of time.

Cheers Tracker

This may be the Best Comment from any AIMSter ever. Thank you. ^:)^ ^:)^ ^:)^

I wish I had written it! its so powerfull

Please, Immy, you make me blush.

[immy]

Gregor..

I am trying to make you understand. The purpose of T20 is to keep the score. I don't give a shit about how many pips you made. I want to know your discipline score. You keep saying i would have made 40 more blah blah. I'm not interested in that. and about me telling you how disciplined you were is like asking me about what "you" are thinking. What Do YOU think is your discipline score. that is all that matters. what cost your pips is not your concern. Your OBJECTIVE from this exercise is
1. achieve consistency. And Consistency = Discipline + patience , and P&D = Follow Entry, Exit and Trade management rules to the T.
Q1. Was Entry Correct? YES/NO
Q2. Was Trade Management Correct? Y/N
Q3. Was Exit Correct? Y/N
If any answer is No, score is 0.

all the best...

ps: I already do look at your 20 , all of them and then I ask you, what is your discipline score.

[Tracker]

Gregor..

I am trying to make you understand. The purpose of T20 is to keep the score. I don't give a shit about how many pips you made. I want to know your discipline score. You keep saying i would have made 40 more blah blah. I'm not interested in that. and about me telling you how disciplined you were is like asking me about what "you" are thinking. What Do YOU think is your discipline score. that is all that matters. what cost your pips is not your concern. Your OBJECTIVE from this exercise is
1. achieve consistency. And Consistency = Discipline + patience , and P&D = Follow Entry, Exit and Trade management rules to the T.
Q1. Was Entry Correct? YES/NO
Q2. Was Trade Management Correct? Y/N
Q3. Was Exit Correct? Y/N
If any answer is No, score is 0.

all the best...

ps: I already do look at your 20 , all of them and then I ask you, what is your discipline score.

Ok, Ok, Ok, no more Pip - Talk!!!

So batch # 7:

Entry score: 20
TM score: 16
Exit score: 15

Best regards, Tracker

[Tracker]

Thoroughly f.....ed up the morning session. Didn't keep my discipline. Great Fruit Long at LO nice Add On and then no discipline to stay in and just trail the candles. Closed the Add On to secure something and the Fruit after I had 85 thinking it won't go much further. Whats the point of doing it if I don't do it right and cut my winners short. Same thing with the down move. My normal course of action would have been to play it both ways at the AA Fruit and put a SAR in if it does not work, but not today. And look what happened!?!? Could have really experienced what it can be like to be in the Zone. Nice down move and up again and turn around at AA and for down again. Just do what I am supposed to do, and did YD with no success. Today it would have made good for much more than I lost YD. Been thoroughly disgruntled and stopped for the session.

Concentrate and stay in the now, dammit!!!

No afternoon session today, due to other business that has to be take care of.

Camp 143: Fruit AA Long
Trade 1: Fruit + 86.2 Pips
Trade 2: Add On + 24.3 Pips

Camp 144: Fruit Short
Trade 1: Fruit + 33.1 Pips
Trade 2: Add On + 19.9 Pips

Discipline score for batch # 8 so far:

Entry score: 4
TM score: 1
Exit score: 1

[immy]

Thoroughly f.....ed up the morning session. Didn't keep my discipline. Great Fruit Long at LO nice Add On and then no discipline to stay in and just trail the candles. Closed the Add On to secure something and the Fruit after I had 85 thinking it won't go much further. Whats the point of doing it if I don't do it right and cut my winners short. Same thing with the down move. My normal course of action would have been to play it both ways at the AA Fruit and put a SAR in if it does not work, but not today. And look what happened!?!? Could have really experienced what it can be like to be in the Zone. Nice down move and up again and turn around at AA and for down again. Just do what I am supposed to do, and did YD with no success. Today it would have made good for much more than I lost YD. Been thoroughly disgruntled and stopped for the session.

Concentrate and stay in the now, dammit!!!

Camp 143: Fruit AA Long
Trade 1: Fruit + 86.2 Pips
Trade 2: Add On + 24.3 Pips

Camp 144: Fruit Short
Trade 1: Fruit + 33.1 Pips
Trade 2: Add On + 19.9 Pips

Discipline score for batch # 8 so far:

Entry score: 4
TM score: 1
Exit score: 1

The Guy makes a 163 pips within an hour and he's left screen disgruntled.... talk about passion to become a disciplined trader... (rofl) ^:)^ you've done well. you made good entries, good management partially but not so good exits but still exits are not bad because you've managed to let them run at least to some extent. so give yourself a bit of credit and rejoice... well done... but keep going and don't be too hard neither too easy on yourself. You're way past others, way ahead of them.

[Tomi]

As entries, exits and everything between are all separate things I like the idea to score those separately. Nice!

[kiravon]

Hello Gregor

''Thoroughly f.....ed up the morning session.'' I too would
like to see your results on a good day!

[Tracker]

Hello Gregor

''Thoroughly f.....ed up the morning session.'' I too would
like to see your results on a good day!

I know, the pips look nice, but at the moment it's not about pips for me, actually I hope it never will be. I have to stay disciplined. Take good entries, manage my trades correctly and exit them correctly. For me that is the only way to try to stay objective and to take fear and greed out of the equation. The pips and the money, as Immy said if I remember correctly, have to come as a byproduct.
Sorry if that sounds like a lecture, I repeated it for my sake to burn it into my brain!

Have nice weekend.

Cheers Tracker

[Tracker]

The perfect morning session would have started around 8:40 today with a nice AA Fruit, but as I don't trade before LO my first signal was a Fruit short that didn't make it, nor the following SAR. The next Fruit was quit large, but I took it anyway. considering the move from the top of that fruit to the bottom I should have started trailing candles above the Seed down there, at least till the gator would open up, but it is always a trade off. Thought a little to long about the next Fruit, didn't like the angulation, as it moved sideways a little bit. The following Fruit long, was a really nice signal. Add On was pretty far away, but being already through the gator the risk on the Campaign was not that high. Been thinking about longs to much again, otherwise I would have given that second tiny short Fruit up there a chance. Not as an exit signal, but to get into a possible down move. Have to be more flexible there and stay in the now, open to all possibilities. Another short Fruit with Add On and than stopped trading, as the volatility decreased. Most importantly, I kept my discipline, and gave myself the chance to get into a nice move. Just didn't happen today. No afternoon session due to an appointment.

Camp 145: Fruit Short
Trade 1: Fruit - 9.6 Pips

Camp 146: SAR Long
Trade 1: SAR - 11.0 Pips

Camp 147: Fruit Short
Trade 1: Fruit + 6.9 Pips
Trade 2: Add On + 2.4 Pips

Camp 148: Fruit Long
Trade 1: Fruit + 17.9 Pips
Trade 2: Add On - 8.3 Pips

Camp 149: Fruit Short
Trade 1: Fruit + 7.5 Pips
Trade 2: Add On + 1.4 Pips

Discipline score for batch # 8 so far:

Entry score: 9
TM score: 5
Exit score: 6

[Tracker]

Morning session was not very good for me missed the Breakout as I don't take signal before 09:00 I wait for the first Fruit to appear. The first Fruit long and Add On didn't work. I have to adjust my Lot size if risk it that big or can't Add On if stop can't be moved according to rules to minimize risk. Had to stop trading due to loss limit.
In the afternoon session I was totally out of tune. I should have not traded at al. My mind was still occupied with some dismal business that I had to deal with since the morning. Closed to winning trades without any reason, because I pushed the wrong button (angry) .
I take this day as another lesson in my trading education, that way I gained at least some knowledge. Don't trade if your mind is not free to solely concentrate on trading.
And I have to use a different lot size if the risk is to big, or just don't trade a fruit or add on or SAR if the risk is to big.

Camp 150: Fruit Long
Trade 1: Fruit - 15.5 Pips
Trade 2: Add On - 29.3 Pips

Camp 151: Fruit Long
Trade 1: Fruit + 12.4 Pips
Trade 2: Add On - 8.6 Pips

Camp 152: Fruit Long
Trade 1: Fruit - 0.6 Pips
Trade 2: Add On - 11.7 Pips

Camp 153: Fruit AA Short
Trade 1: Fruit - 11.5 Pips

Camp 154: SAR Long
Trade 1: Fruit - 2.0 Pips

Camp 155: Fruit Short
Trade 1: Fruit + 8.5 Pips

Camp 156: Fruit Breakout
Trade 1: Fruit - 2.0 Pips

Camp 157: Fruit Long
Trade 1: Fruit - 16.3 Pips

Camp 158: SAR Short
Trade 1: Fruit - 25.5 Pips