Hi there

This is my first attempt at a Journal.

A little info on my trading method :

My strategy is based around all the mental mistakes I have made through this trading experience .

Trading is not black and white , its grey . Everything is about balance , a thing one will learn over years.

Here is a rough (draft?) of my lessons learned . ( do remember the points made here are not black and white.)


1. Having one simple moving average with a method to buy above and sell below , has been one of the most profitable and most difficult tasks to master.

2. "Thinking" in the trading arena or outside of the trading arena , has cost me the most money.

3. Using time as a method for controlling mental garbage has proven to be the most effective for me . Balancing it made a dramatic increase in profits.

4. Having too many rules made me lose my trading instinct. Having no rules made me overthink everything .

5. Short trades and long trades are definitely not the same! Shorting environment and buying environment behave very different . Took me a long time to grasp that

From natures side im probably one of the worst traders . I tend to become very arrogant in my decision making , I overtrade alot and im insanely impatient.
So dont lose hope !

I will keep posts of statement/charts etc coming in the next week

THanks

Congrats on starting your journal.

Mike

Thanks mike .

Been training over the weekend with trading . Its a thing i have been doing the last 3 years .

Some good lessons comes from it . I do it with friends over Team Viewer .

Today was the usual lessons : Think less act more Never get scared , stay very confident and humble.

You really have to be a bulldog to do this business. No room for weak mentality

This morning YM

Monday into close

Hard morning - had 2 failed attemps with a -3 and -4 point in YM

Finaly in end got it right +15 + 19 + 28

Hi i will be posting last days trades in some hours - still in the trade

Statement from tuesday - had 1 contract running overnight in YM and ES

By the way im looking for active trading friends i prefer people from Europe , but you are from US and trade EU hours aswell its cool.