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  #1 (permalink)
 LessCheck14 
 
Posts: 259 since Jun 2024

Hello I am starting a trading journal in a public forum, because of accountability and consistency. I have been a full-time day trader for the last 6 years and I have tried every short-cut possible. I spent a good 3 years searching for the "holy grail" ya know the 10 to 1 Reward risk that is right 95% of the time that I can trade from a beach. I did not find it but I did fund a lot of indicator and software salesmen accounts looking for it. After that I accepted trading full-time is going to be much harder than you tube and trading books made it out to be and cultivating a edge in markets in my opinion also means cultivating a edge within myself. I began to accept the reality that discipline, structure and routine are the cornerstones of being a independent full-time trader.
Starting this journal on June 1st is exciting for a lot of reasons for me, one being that yesterday was my last day ever consuming alcohol. It feeds into the discipline aspect. I want to create this journal as a living document that I use as daily tracker of my trading growth. I fundamentally believe that trading growth and personal growth go hand in hand.
Trading Style:
I exclusively trade U.S. Index futures on a 1-Minute chart. I do not use Technical Indicators in my trading as I have found them to only create hesitation and over confidence simultaneously 😂.
Two things I plot on my chart daily is the open and prior close as horizontal line.
My Trading Account Starts and Ends every day completely flat. I never carry overnight risk.
I will post all of my trades starting 6/3/24 with corresponding chart and data.
I trade the New York session 09:30 AM est- 4:00 PM est.

I Have provided a photo of what my chart looks like.
I am looking forward to the daily accountability and consistency of this live journal.

Happy Trading!

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  #2 (permalink)
 
JMAL's Avatar
 JMAL 
Houston Texas
 
Experience: Beginner
Platform: NinjaTrader 7
Broker: NinjaTrader Brokerage
Trading: ES, MES
Posts: 164 since Jul 2014
Thanks Given: 121
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1 Minute Man View Post
Hello I am starting a trading journal in a public forum, because of accountability and consistency. I have been a full-time day trader for the last 6 years and I have tried every short-cut possible. I spent a good 3 years searching for the "holy grail" ya know the 10 to 1 Reward risk that is right 95% of the time that I can trade from a beach. I did not find it but I did fund a lot of indicator and software salesmen accounts looking for it. After that I accepted trading full-time is going to be much harder than you tube and trading books made it out to be and cultivating a edge in markets in my opinion also means cultivating a edge within myself. I began to accept the reality that discipline, structure and routine are the cornerstones of being a independent full-time trader.
Starting this journal on June 1st is exciting for a lot of reasons for me, one being that yesterday was my last day ever consuming alcohol. It feeds into the discipline aspect. I want to create this journal as a living document that I use as daily tracker of my trading growth. I fundamentally believe that trading growth and personal growth go hand in hand.
Trading Style:
I exclusively trade Nasdaq Index futures on a 1-Minute chart. I do not use Technical Indicators in my trading as I have found them to only create hesitation and over confidence simultaneously 😂.
Two things I plot on my chart daily is the open and prior close as horizontal line.
My Trading Account Starts and Ends every day completely flat. I never carry overnight risk.
I will post all of my trades starting 6/3/24 with corresponding chart and data.
I trade the New York session 09:30 AM est- 4:00 PM est.

I Have provided a photo of what my chart looks like.
I am looking forward to the daily accountability and consistency of this live journal.

Happy Trading!

Minute Man I just finished with Mays journal challenge and I can say if you keep with it, be honest as to what you are posting, wins and losses, leave your pride at the door, this will help with your trading. For me later in the month at the EOD I started studying both my wins and losses for the day. That was an eye opener, even my wins didn’t point to a good trade, as far a# my plan was concerned. Study the price action, make a plan and best you can stick with it. For what it is worth, I stopped drinking last November and that was easier to do than following and sticking to your trading plan. Sticking with this journal, I think will help. Good luck!

Follow your Plan
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  #3 (permalink)
 LessCheck14 
 
Posts: 259 since Jun 2024



JMAL View Post
Minute Man I just finished with Mays journal challenge and I can say if you keep with it, be honest as to what you are posting, wins and losses, leave your pride at the door, this will help with your trading. For me later in the month at the EOD I started studying both my wins and losses for the day. That was an eye opener, even my wins didn’t point to a good trade, as far a# my plan was concerned. Study the price action, make a plan and best you can stick with it. For what it is worth, I stopped drinking last November and that was easier to do than following and sticking to your trading plan. Sticking with this journal, I think will help. Good luck!

Thanks so much! Yes I'll be posting my trades daily after close! Appreciate it! Cheers on the quitting drinking too!

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  #4 (permalink)
 
deaddog's Avatar
 deaddog 
Prince George BC Canada
Legendary Market Wizard
 
Experience: Advanced
Platform: National Bank Direct
Broker: NBD/BMO/Questrade
Trading: Stocks
Frequency: Every few days
Duration: Weeks
Posts: 1,434 since May 2013
Thanks Given: 270
Thanks Received: 4,629


1 Minute Man View Post
Hello I am starting a trading journal in a public forum, because of accountability and consistency.

Happy Trading!

The best way to achieve accountability is to post your trades as they happen, along with your plan to manage the trade.
I realise that this is difficult to do while day trading but posting trades at the end of the day or even after the trade gives you the time to rationalize the moves you made.

If it's accountability you are after, a here's what I'm going to do type of journal is the best way to achieve that.

"The days when I keep my gratitude higher than my expectations, I have really good days" RW Hubbard
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  #5 (permalink)
 LessCheck14 
 
Posts: 259 since Jun 2024


deaddog View Post
The best way to achieve accountability is to post your trades as they happen, along with your plan to manage the trade.

I realise that this is difficult to do while day trading but posting trades at the end of the day or even after the trade gives you the time to rationalize the moves you made.



If it's accountability you are after, a here's what I'm going to do type of journal is the best way to achieve that.

I'll do that!

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  #6 (permalink)
 
blackgrey45's Avatar
 blackgrey45 
Maryland, US
Legendary Market Wizard
 
Experience: Beginner
Platform: Sierra Chart
Broker: AMP Global
Trading: MES
Frequency: Several times daily
Duration: Minutes
Posts: 845 since Jul 2022
Thanks Given: 905
Thanks Received: 952

Thanks for posting and starting a journal! I look forward to reading it. Your opening post had a key point that reminded me for myself that trading is hard and there is no easy short cut. Usually when I try to take an easy way out like overleverage to make a quick "easy" profit, well 90% of the time things go wrong and I make a complete mess. I appreciate that reminder.

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  #7 (permalink)
 LessCheck14 
 
Posts: 259 since Jun 2024

Yesterdays Trading was a bit choppy had a couple winners turn into losers holding to long. But followed my risk rules. I was more focus on passing my top step valuation yesterday which I did. Today should be a more focused effort on my part.
End of Day June 3


Preformance June 3

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  #8 (permalink)
 LessCheck14 
 
Posts: 259 since Jun 2024

First Trade of Day
1 Minute Breakout
Long 18659
Stop 18626
Trade 1 June 4

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  #9 (permalink)
 LessCheck14 
 
Posts: 259 since Jun 2024

Trade 1 Closed Loss
-34 Points
1 Minute Breakout Failed

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  #10 (permalink)
 LessCheck14 
 
Posts: 259 since Jun 2024


Trade 1 Closed Loss

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Last Updated on August 29, 2024


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