Hi All, I introduced myself as a new member last week and here I pledge to post all of my trades in a similar format to that used by Grant and Immy. Today 9 Jan I did not take any since I was absent from the screen for most of the afternoon.
Nigel
Nigel's Journal
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PaulF
- Posts: 276
- Joined: 18 Nov 2011, 09:15
- 13
Re: Nigel's Journal
Nigel
Good decision - nothing has made me more disciplined than the knowledge that I'm going to stick all my trades up on here.
BobbyF
Good decision - nothing has made me more disciplined than the knowledge that I'm going to stick all my trades up on here.
BobbyF
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immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: Nigel's Journal
Hi Nigel!
You'd soon realise that this was probably the best decision of your life! A journal, not to show off, not to impress yourself or others, but purely to record your trades. You will find that you learn so much about yourself during this simple process. It is truly amazing tool! a simple one. Try to record your thoughts about each trade why you took it, what you missed and then what was the hindsight information. If you're still struggling with the "the mind" side that is "emotions are getting the better of the power of the mind" it would be best to record your emotions, e.g. i had this churning feeling in my tummy, my heart was beating faster etc. these are really things to look at and master! you'd notice that if you focus on your racing heart beat, your heart beat might suddenly normalise itself. On of the best technique is to just focus on your breathing! and 80% of stress disappears!
cheers - May the pips be with you!
Immy
You'd soon realise that this was probably the best decision of your life! A journal, not to show off, not to impress yourself or others, but purely to record your trades. You will find that you learn so much about yourself during this simple process. It is truly amazing tool! a simple one. Try to record your thoughts about each trade why you took it, what you missed and then what was the hindsight information. If you're still struggling with the "the mind" side that is "emotions are getting the better of the power of the mind" it would be best to record your emotions, e.g. i had this churning feeling in my tummy, my heart was beating faster etc. these are really things to look at and master! you'd notice that if you focus on your racing heart beat, your heart beat might suddenly normalise itself. On of the best technique is to just focus on your breathing! and 80% of stress disappears!
cheers - May the pips be with you!
Immy
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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!
The Consistent Pursuit of DS1
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!
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Nigel
- AIMSter
- Posts: 18
- Joined: 05 Jan 2012, 10:18
- 13
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Nigel
- AIMSter
- Posts: 18
- Joined: 05 Jan 2012, 10:18
- 13
Re: Nigel's Journal
One B/E trade for me so B/E for the week. Unfortunately I missed the big move at 13:44 ! Trade attached - Have a good WE everyone and I hope your trip goes well Immy.
Nigel
Nigel
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immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: Nigel's Journal
Thank You Nigel! Have a Great Weekend! BE is a good start btw!
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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!
The Consistent Pursuit of DS1
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!
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Nigel
- AIMSter
- Posts: 18
- Joined: 05 Jan 2012, 10:18
- 13
Re: Nigel's Journal
First trade of week and -9 !!
You do not have the required permissions to view the files attached to this post.
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immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: Nigel's Journal
Hi Nigel
it would help if you add your trade entry and exit levels using either of the two ways below:
1. Use price labels from the toolbars at the top in mt4. see below 2. Drag and drop from the Terminal Window using the Account History Tab
it would help if you add your trade entry and exit levels using either of the two ways below:
1. Use price labels from the toolbars at the top in mt4. see below 2. Drag and drop from the Terminal Window using the Account History Tab
You do not have the required permissions to view the files attached to this post.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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!
The Consistent Pursuit of DS1
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!