Keeping Records

Discussion in 'Journals' started by garage sale, Jun 28, 2010.

  1. Okay here are some of my issues. The most obvious one is not taking the trade when the market is up significantly. The second one is taking the profit too soon before it gets to my target. On 80% of my trades, if I had left the target and stop where they were I would have gotten my target. The fear of profits turning to a loss makes me trail my stop and I get out with 3 pts instead of 5 and there are times when it gets to my 5 points but all of a sudden I remove my target and change it to 8 pts or something like that. I trade based on PA only and my entries are almost perfect so I am reading the market well but it is what happened after that.

    This week there were 13 setups that were good for 5.25 pts but I have nothing to show.

    Thanks for the link and replies.
     
    #141     Sep 24, 2010