Hi guys,

You are invited to participate in the upcoming April Journal Challenge, with $1,000 in prizes from Ninja Mobile Trader.

Details:

NexusFi Journal Challenge - April 2024 Hi guys, Continuing our long tradition of encouraging members to have Trade Journals, we are announcing our newest Journal Challenge, sponsored by Ninja Mobile Trader VPS! Prizes -- the top five trading journals will receive prizes: …

All members are welcome to participate.

Mike

I hope everyone is doing great and having successful trades!

I'm back after a short break. I took a month off after failing to make my second withdrawal. I was riding high, feeling overconfident. Unfortunately, I suffered a few losses after my break, so I went back to trading on a demo account.

I'm starting my journaling routine again. It's been a rocky start, but let's focus on finishing the year stronger this time!

Daily Report Card | 4.30.2024 | C

Goal: cut losers faster, focus on seeing higher time frames. stand up and take a break after every trade!

<Reminders>
- be selective, be aware FOMC week.
- hit base hits, cut losers faster.
- only losers add to losers.
- see bigger picture on higher time frame
- control my bias, I love to jump in on green, only to get rugged pulled by the higher time frame trend.
- be more patient


What I learned today:
- still very bullish bias, I took too many knife drop. I didn't zoom out and often enough.
- I didn't take as many breaks as I would of liked. I was very result oriented today and let p/l get to me. I wanted to start off well today, and over traded when I should of just accepted the outcome
- second half was better, I saw the overall bearish trend and caught it


Changes I need to make from today:
- take more breaks
- moved my s/l lower instead of keeping it tight. p/l creeped up on me
- stop taking too many counter trend trades
- look at higher time frame before taking counter trend trades.
- stand up/break drill - after every trade, get away from the screen.