a loser's journal......read at own risk

Discussion in 'Journals' started by padutrader, Feb 26, 2021.

  1. padutrader

    padutrader

    that long trade was wrong according to my simple set of rules....i am still making emotional trades and that was one of them....i

    i am still practicing following my rules so that is why i am in demo...i will go live in a few days

    though the move may have been triggered by news

    i got out fast....

    taht is all taht matters

    i am not too bothered about one trade..when i am making more than 30 in a day....i have already made 32 trades till now today
     
    Last edited: Mar 18, 2021
    #281     Mar 18, 2021
    maxinger likes this.
  2. padutrader

    padutrader

    #282     Mar 18, 2021
  3. padutrader

    padutrader

    am long in both aud and gold and closed just now

    having fun trading in demo.....can trade purely technically and perfect the technical aspect of trading...
    i am not ashamed of trading demo

    i am doing so with a specific purpose.

    some may make fun of me but that is their enjoyment...i do not want to spoil anybody's enjoyment

    https://screenrec.com/share/bmscR89GV3
     
    #283     Mar 18, 2021
  4. padutrader

    padutrader

    opened short closed short
    looks like markets do not know what to do

    i have to take my wife shopping in 2 hours...check out a car... planning to take delivery tomorrow so i will miss trading evening and tomorrow but enjoy with my wife

    https://screenrec.com/share/VF32bU8L1h
     
    #284     Mar 18, 2021
  5. padutrader

    padutrader

    for today pf 1.87 win rate 44%.
    for week pf 3.52 win rate 48%

    win rate i wish i could get it up but when you make 38 trades in 8 hours and 252 trades in less than 4 days that is a challenge

    HAPPY TRADING AND HAVE A GREAT WEEK END

    https://screenrec.com/share/jbaA45BGwI
     
    #285     Mar 18, 2021
    Onra likes this.
  6. padutrader

    padutrader

    opened short and closed it

    i have the simplest strategy sell near high, if it breaks high sell more and put stop above the next high.and since i am trading 5 min take profit with what can be expected from a 5 min signal:if you get my drift


    https://screenrec.com/share/DM2xAqziZH
     
    #286     Mar 18, 2021
  7. maxinger

    maxinger

    good attitude !
     
    #287     Mar 18, 2021
    padutrader likes this.
  8. padutrader

    padutrader

    #288     Mar 18, 2021
  9. padutrader

    padutrader

    the easiest part in trading is an entry set up.

    once trade is on trade management separates the boys from the true talented traders.

    i am realisng that is why i have lost money and perhaps that could be the single reason that the success rate is low in this business.

    the minute you enter everyone will tell you what is wrong with that trade. and the most convincing argument of all against your trade will be put forward by the market.

    unless you are very clear in your mind about your trade you will change it under this constant barrage of noise.
     
    #289     Mar 19, 2021
    Onra likes this.
  10. padutrader

    padutrader