Re: Diary of a stubborn trader: learning by beating
Well, here's my diary. My name is Diego, I've been going around for a year in demo and six months in real. I haven't done well, I've lost more than I want to admit, but I won't give up. This thread is to document my operations, my mistakes and what (I hope)
Re: Diary of a stubborn trader: learning by beating
Today I opened two positions in EURUSD. One purchase from 1.0865 with TP at 1.0902 and SL at 1.0840. I closed it manually at 1.0880 when I saw weakness in the rise. The other was a sale at 1.0888 that jumped the SL. Result: -12 net in the day. Frustrating, but less than other days.
Re: Diary of a stubborn trader: learning by beating
I'm starting to understand that the problem isn't strategy, the problem is me, and my lack of discipline, I'm having a hard time letting go of the profits and cutting the losses.
Re: Diary of a stubborn trader: learning by beating
Do you really need a journal to tell that you have no idea what you're doing? This is trading, not group therapy. If you don't know how to handle your head, do something else.
Re: Diary of a stubborn trader: learning by beating
Green day. +42. I operated the rupture of the accumulation zone in GBPJPY with 2 microlots. Entry in 184.25, exit in 184.90. I stood firm and did not touch the SL or the TP. Finally a clean entry.
Re: Diary of a stubborn trader: learning by beating
I had an emotional relapse. I lost $55 to move the SL twice. I knew I shouldn't do it, but I couldn't help it. I'm disappointed with myself. How does my mind train for this? I know they told me, but I can't internalize it.
Re: Diary of a stubborn trader: learning by beating
I haven’t had an operation for a week to reset my head. I’m reading about trading psychology and going back to backtesting. I put on a new rule: if there’s no clear setup, there’s NO TRADE. I’d rather be outside and doubtful, than inside and afraid.
Re: Diary of a stubborn trader: learning by beating
Che, do you really think you're going to achieve this at the point of reflection? Less books and more practice. The market doesn't wait for anyone.
Re: Diary of a stubborn trader: learning by beating
Update: week closed at $$88. The best is not the number, but I didn’t break any rules. All tickets were for my system based on volume + price stock. I’m focusing on quality, not quantity. Come on!
Re: Diary of a stubborn trader: learning by beating
Bad entry today at USDCHF. I bought after a fake bass break without confirming the volume. I jumped the SL in less than 15 minutes. I lost $27. Note: NEVER enter by candle alone.