MES Journal - 2020 Dec

Discussion in 'Journals' started by gerryhoho, Dec 2, 2020.

  1. You sure have an interesting background. If these are decades ago - what happened between all that and now?

    I know NoDoji shared an example of her spreadsheet. Try to search for the threads she started. If you can't find it, I think I have it archived somewhere on another computer.

    But the gist of it is to create a sheet where you can record observations about the set-ups/technicals you're testing. This should give you an idea about if it's worth to trade (i.e., a positive expectancy), what stop you would need, profit taking, other considerations, etc.

    I think NoDoji was very much into Al Brooks, so you might want to dig further into her posts if that's the path you want to undertake.

    https://www.elitetrader.com/et/thre...ent-profitability.205493/page-41#post-3015736

    https://www.elitetrader.com/et/threads/futures-trading-analysis.291387/page-15#post-4125026

    https://www.elitetrader.com/et/threads/trading-nq-via-price-action.281995/page-99#post-4041186
     
    #31     Dec 7, 2020
    gerryhoho likes this.

  2. In addition, if the statistical analysis shows you the trade method does work but you're then unable to apply it correctly when you simulate trade it or trade with real money...you will then know its not the fault of the trade method...the problem is just you.

    I think this is rather the problem and I dunno how to fix them. Its like I very much like going the opposite way of wat the method is telling me sometime I just felt its crazy.
     
    #32     Dec 7, 2020



  3. Stop Loss is always a very clear thing to me....... but I really am bad at taking profits.
     
    #33     Dec 7, 2020



  4. 4) Al Brooks is great, but his Bar by Bar book is terrible. If you can afford it, get his Brooks Trading Course video course. It is without question the best price action education publicly available.

    Can I have more info on that?

    Globex High/Low on your chart

    I use Euro session H/L

    Thanks!
     
    #34     Dec 7, 2020


  5. I do have ADD..... focusing is always a hard topic
     
    #35     Dec 7, 2020
    They and wrbtrader like this.
  6. #36     Dec 7, 2020
    gerryhoho likes this.





  7. 1. where are the rest of your trades? no way you traded like this then just stopped cold turkey forn the entire day.

    I know I cant be short, but I also couldnt press the button to go long while seeing the price going away.... it just an intenal thing that when you see price higher and you will never go long again but at least its good that I dun go short. My time zone is in HK.... so I rather choose to go to sleep


    what plarform?
    IB
     
    #37     Dec 7, 2020



  8. I suppose to sell three more and instead I squared it off...
    Stupid mistake.
     
    #38     Dec 7, 2020
  9. wrbtrader

    wrbtrader

    You should be working with a specialist for ADD that can help you stay focus while you're trading or at the minimum...while you're in a trade.

    A lot of famous celebrities and star athletes had to enlist the help of a professional to prevent it from stalling their careers. It can actually help you multi-task while your trading in a good way instead of in a bad way.

    wrbtrader
     
    #39     Dec 7, 2020
    gerryhoho likes this.


  10. I went to start some business and now I have some spare time as business activities are lately v quiet



    Thanks for all the links!
     
    #40     Dec 7, 2020
    Laissez Faire likes this.