FranckMD's T20 Journal

[franckmd]

Hello,  

My name is Franck and I am excited to be here. 

I have been following Immy on Youtube for a while now and been trading on and off for a few years with no consistency and with stressful days.   
I refuse to give up on trading as it is fascinating. I have therefore decided to join you guys and hope to understand the concepts correctly and be disciplined enough to apply them consistently with your guidance and team spirit. 

I am getting ready to start the first batch of my T20 for setup 1.     

All suggestions and recommendations are welcome. 

Cheers
Franck
 
 

[franckmd]

Template for me to use:

Trade Journal

1. Trade Number:
2. Date/Time:
3. Symbol/TF:
4. Signal Type / Direction :
5. Comments and Feelings at the Time of Taking The Trade: (felt like it was a very good setup.  calm)
6. Comments and Trades After Exiting the Trade: (very happy!  A winner!)
7. DS (Discipline score) For this Trade: (I checked the rules and they were all correct. ) - is 1 if you remain disciplined and 0 if not.
8. DS Running Total: = number of times you have remained disciplined/the total number of trades taken.
9. ADD YOUR PICTURE ... (Add Attachment show chart of trade)


 
 
 

[immy]

Welcome to The World of Journaling... You have taken a great step towards the future you who is at least 80% disciplined trader... a consistently profitable trader... well done and congratulations ....

[franckmd]

Trade Journal

1. Trade Number: T20 1
2. Date/Time: 19 January 2021 08:56
3. Symbol/TF: GER30 M1/M5
4. Signal Type / Direction : SETUP 1 / SELL
5. Comments and Feelings at the Time of Taking The Trade: I felt like it was a very good setup. I took a deep breath and went for it.
6. Comments and Trades After Exiting the Trade: I was pleasantly surprised that it reached the target. Many times I saw it go positive for a little bit then recoil to hit my stop loss.
7. DS (Discipline score) For this Trade: 0 (After Immy's review as this is not a setup) ( I did not wait for a cross of ZL on M1 before I entered and Gator was NOT asleep either)
8. DS Running Total: = 0/1

 
 
 
 

[franckmd]

Trade Journal

1. Trade Number: T20 2
2. Date/Time: 19 January 2021 11.15
3. Symbol/TF: GER30 M1/M5
4. Signal Type / Direction : SETUP 1 / SELL
5. Comments and Feelings at the Time of Taking The Trade: I looked good as a setup to me. I knew it would drop a bit but not sure whether it would actually hit the target.
6. Comments and Trades After Exiting the Trade: I was elated and relieved that it reached the TP. It was super hard to watch it play its yo-yo. I could not believe that I waited for it to hit the target.
7. DS (Discipline score) For this Trade: 0 (After Immy's review as this is not a setup)
8. DS Running Total: = 0/1
 
 
 

[immy]

Trade Journal

1. Trade Number: T20 2
2. Date/Time: 19 January 2021 11.15
3. Symbol/TF: GER30 M1/M5
4. Signal Type / Direction : SETUP 1 / SELL
5. Comments and Feelings at the Time of Taking The Trade: I looked good as a setup to me. I knew it would drop a bit but not sure whether it would actually hit the target.
6. Comments and Trades After Exiting the Trade: I was elated and relieved that it reached the TP. It was super hard to watch it play its yo-yo. I could not believe that I waited for it to hit the target.
7. DS (Discipline score) For this Trade: 1
8. DS Running Total: = 100%
 

 

Hey Franck 

Lovely to read your journal ... Just wanted to let you know that THIS is NOT a setup 1... More work needed... 

cheers 

[franckmd]

Trade Journal

1. Trade Number: T20 3
2. Date/Time: Thursday, 28 January 2021 14:19
3. Symbol/TF: GER30 M1/M5
4. Signal Type / Direction : SETUP 1 / BUY
5. Comments and Feelings at the Time of Taking The Trade: It looked good as a setup to me. I thought it could drop any minute but since I need to trade what I see then this was a BUY SETUP1 to me so why not take it and see what happens and I did.
6. Comments and Trades After Exiting the Trade: I was elated and relieved that it reached the TP. 
7. DS (Discipline score) For this Trade: 0 (After Immy's review as this is not a setup)
8. DS Running Total: = 0/3
 
 
 
 
 

[franckmd]

Trade Journal

1. Trade Number: T20 2
2. Date/Time: 19 January 2021 11.15
3. Symbol/TF: GER30 M1/M5
4. Signal Type / Direction : SETUP 1 / SELL
5. Comments and Feelings at the Time of Taking The Trade: I looked good as a setup to me. I knew it would drop a bit but not sure whether it would actually hit the target.
6. Comments and Trades After Exiting the Trade: I was elated and relieved that it reached the TP. It was super hard to watch it play its yo-yo. I could not believe that I waited for it to hit the target.
7. DS (Discipline score) For this Trade: 1
8. DS Running Total: = 100%
 


 

Hey Franck 

Lovely to read your journal ... Just wanted to let you know that THIS is NOT a setup 1... More work needed... 

cheers 

 

Lesson learnt- I understood after all, that GATORs needed to be below Purple on M1.
 

[franckmd]

Trade Journal

1. Trade Number: T20 4
2. Date/Time: Thursday, 28 January 2021 15:16
3. Symbol/TF: GER30 M1/M5
4. Signal Type / Direction : SETUP 1 / BUY
5. Comments and Feelings at the Time of Taking The Trade: A BUY setup to me, it was so I went for it.
6. Comments and Trades After Exiting the Trade: It almost hit my TP and recoiled at 1pip short! I was livid! But for discipline sake I let it do its thing and almost got kicked out with a loss (rent). Then it headed north again and hit my target. phew! Nerve-racking that was!
7. DS (Discipline score) For this Trade: 0 (After Immy's review as this is not a setup -This is NOT a Setup 1 on M1 but it was on the M5.)

8. DS Running Total: = 0/4
 
 
 
 

[immy]

Trade Journal

1. Trade Number: T20 3
2. Date/Time: Thursday, 28 January 2021 14:19
3. Symbol/TF: GER30 M1/M5
4. Signal Type / Direction : SETUP 1 / BUY
5. Comments and Feelings at the Time of Taking The Trade: It looked good as a setup to me. I thought it could drop any minute but since I need to trade what I see then this was a BUY SETUP1 to me so why not take it and see what happens and I did.
6. Comments and Trades After Exiting the Trade: I was elated and relieved that it reached the TP. 
7. DS (Discipline score) For this Trade: 1
8. DS Running Total: = 100%
 
 
 

 

This is NOT a Setup 1 on M1 but it was on the M5. You're getting there ... this pattern is simple to learn but sometimes it takes a bit of beating ...