MJ12s Trading Journal -
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thread: MJ12s Trading Journal

  1. #11
    Really messed up a commerce yesterday that I took a couple of moments in front of a major news release. I had just came back in a shopping and has been checking out the charts and forgot about the late US news. A huge mistake and my first of this kind in a year. I am going to need to review right now and see how I can make certain it doesn't happen again - obv I cannot count solely on memory. I will post a chart afterwards.

    LIVE TRADE

    Only chose this TT on my aggressive account using a 30 pip stop. On the lookout for rebound of 30 in this strong loion.

  2. #12
    Break even with this transaction, so close to gaining profit and should have taken any profit before news cam out on the cad.

  3. #13
    All these are the two losers who've sent my account into adverse. The very first one was a mistake I took before news. The previous one that only happened I am only annoyed about because I stupidly moved my stop. Such I nice lne in gambling and its these type of mistakes that lose me money. Must just keep trying to make less of them.


  4. #14
    I am starting this journal to improve and this means recognizing all of my mistakes and being honest at all times with myself. In one of those transactions I transferred my stop and consequently a lost an additional 0.5percent of my account. This was a mistake I have to stop myself from repeating . Next time I go my stop I will stop trading for 3 full days and focus exclusively on poker for all those 3 days. I will log this in my blog and I will not have the ability to conceal this since I post all of my transactions in here.

    The other mistake I made wasn't remembering the news which I had previously looked at from the afternoon but somehow forgot about after heading out. I have a terrible memory!

    From now on I will write down the news events of the afternoon and pin them on my monitors so that the times are burnt onto the back of my retina.
    If I create another news error that's so evident I will punish myself with 3 days away from the market focusing on poker.

    Two bad mistakes along with its things like this really gets to me and stops me being profitable whilst daytrading.

  5. #15
    back to break even following this trade I took last night. Played an extremely aggressive entry on my'gaming' account (I do not place these trades here since that account is for messing around) that did very well indeed but I will pay for 1/1 here as I do not hold trades over weekends.

    Weird week as I feel as though I exchanged really well and let myself down by making 2 errors that cost me my profit as I failed to follow my own egies. I just really allow myself to get annoyed when I do not follow my egy or make awful mistakes. Then you only need to try and take some sort of steps to be certain that the mistakes do not occur again (or as often is more realistic).

  6. #16
    These are two trades I entered and exited for a very small profit. One ended up a wonderful winner and the other I was happy to have second guessed. Was not really going down I believed I monday and I was potentially guilty of wanting to exchange to a lot. Must watch that.


  7. #17
    one winner now that I was pleased with. Could have held it but I like to take profit very early and look for high percentage setups at this point to build my confidence.

  8. #18
    No trades now despite lots of opportunity because I went out for lunch with some old friends. Took two trades yesterday.

    It seems I might have developed an issue though as I seem to be coming from winning trades ancient. I am trying to be picky, I might even be being too picky and second guessing my original calls after over analysis.

    That could have been 4 wins in a row if I didn't come from 3 of them.


  9. #19
    just entered GJ on the rest of this pin. I will also add another place when it retraces to my limit order.

  10. #20
    Th GJ pin failed and that places me at BE overall again. I managed to move to split even on the position I entered on the pullback though. I'm thinking perhaps it was a bit late on a friday to consider taking this trade. Maybe should have only traded the retrace on not the rest to find a better r/r.

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