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I think you should do videos everyday. A journal is good, yet what I have found really helped me was making videos of all my trades and/or video of you going over all your trades.
Thanks dtman .... I plan on doing some videos .... just still trying to figure that all out. Videoing (sp? is that even a word ) doing video and trading at the same time is something I will need to practice a few times.
In the meantime, I will post some screen shots of charts along with my thought process and what got me into each trade. You should see that beginning today as I can now post pics yay!
Thanks for the input, and will take you up on it, soon.
Hope your Thanksgiving weekend was a fun filled one. Mine sure was, lotsa turkey and of course a lot of things to be Thankful for.
I made a great trade on Friday where I grabbed 6.8 points off the TF, bu it was in SIM, so that will not count in this 21 day challenge, as I am doing it in LIVE.
So today, Monday the 28th, I had 2 trades, both in the TF and another Green Day ... heh, not by much, $15 with comm/fees added in, but green none the less. I ended up getting myself stopped out in positive territory on both trades and missed out on at least 4 points if not 5+. I have posted 2 pics here describing my entry and how I got stopped out along with my thoughts.
As usual, if you have any thoughts, comments or suggestions, please do so.
So today was a bit better than yesterday. I was 4/4. One trade on the TF for $320 and 3 on the YM for $180 totaling $500 for the day. 2 of the trades on the YM were lil sketchy and i was taking a stab at a potential run up that never happened and got out with a tick or two.
I am trying to figure out the best way to record these trades either by video or by screenshots. Still trying to figure out how to video and trade at the same time. I was able to take some screenshots during the trades today, so we can see what was happening when I entered and exited. I will post a few pics below .. and will try to do a video montage of the pics with a walk thru of the trades as well. That may or may not happen tonight as we have some house guests coming over for dinner soon .. might be a late night :-)
If you have any questions and or comments or input ... I would love to hear it .. thanks.
I had another green day today. Not a big day, but green. I had 3 trades 2 on the YM and 1 on the TF.
It was a hard day this morning for me to see anything that I wanted to trade in all the chop. So I waited until things finally started moving towards the last hour or so of the day.
I took 2 small losers on the YM. 1st trade was 1 car and got stopped out at a -7 ticks. 2nd trade was also 1 car and got stopped on that for -11 ticks. For some reason I thought price was going to drop or at least not continue up as I had a few areas of confluence and resistance right above where I saw a shooting star candle form. not a good idea to jump in front of a train that was leaving the station
TF trade was better. I entered in with 2 cars on a retest of a support area and did not take any heat at all .. sure do love those trades ..... T1 hit pretty fast @ +16 ticks .... which got me into the green for the day. Started trailing stop and ended up getting stopped on that last car with a +9 ticks. Looking back on it, I should have been keen to jumping back in as it was pretty clear that we were in a strong trending move to the upside. ahh, hindsight, gotta love it. See pics for visuals.
So I ended the day with a +$150 and change after comm/fees.
Looking forward to seeing how tomorrow pans out, especially being the 1st of the month. Usually a pretty big day statistically, so I hear??
So for me and the month of November: +$967 (54 trades = 30 wins/24losers or 55.5%). Not enough to live on yet, but getting closer :-)
Sorry I am posting late .... .been swamped with work stuff.
Thursday was green day #5 for me. i was 3/3 all in the TF. I was able to grab a total of 31 ticks between the 3 trades. Was able to hit my T1 twice (10 ticks) and the rest were stopped out in positive territory.
No pictures for this day right now .. will try to post some over the weekend.
I snapped my 5 day green streak today as I went 0/2 in the TF. Today was a hard day for me to figure out .. seemed like I was on the wrong side the entire day. I took both trades around the 8 pst hour and got stopped out on both. Had 2 cars going for each trade, and was stopped for 12 ticks on the 1st trade (got in a bit late and kept stop below some support - so I thought) and the 2nd trade also had 2 cars which got stopped out @ 9 ticks. Actually had stop at 5 ticks on this one ..... was able to experience 4 ticks of slippage as price fell hard thru my stop.
No pictures today .. I had a chart all marked up and ready to post but somehow as I went to insert a final arrow on it, the whole thing got deleted somehow. Grrrrrrr. Oh well .. too wiped out and eyes are ready to pop, so might try to post some pics of the last 2 days over the weekend.
I confess to not actively following your thread but it seems like you are doing ok. Even though you had a bad day you kept your loses to a minimum which is very good. From what I've seen you have a bright future ahead of you.
That being said, do you factor in that days like today (NFP) are goofy generally and in some cases should not be traded or at least some extra measure of caution should be used. I'm not saying your not being careful but the fact remains that NFP if nothing else can definitely skew your results.