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Re: Diary of a stubborn trader: scalping EUR/USD without indicators
I open this journal to record my scalping operation in EUR/USD without using indicators. Only PA, liquidity levels and strict risk management. I want to see how much I can progress being disciplined and without looking for miracles.
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Re: Diary of a stubborn trader: scalping EUR/USD without indicators
First day: 9 operations, 6 winners, 3 losers. +1.7R net. The most difficult: not to enter because of anxiety. The best: I respected all exits by stop without touching anything.
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Re: Diary of a stubborn trader: scalping EUR/USD without indicators
Second day: 5 trades, 3 winners, 2 losers. +0.9R. I left early in an operation going for 2R. I sabotaged myself out of fear that I would back off. I have to work that out.
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Re: Diary of a stubborn trader: scalping EUR/USD without indicators
Third day: 7 trades, 4 winners, 3 losers. -0.3R. Two impulsive trades without clear entry. I’m beginning to see that the problem is not strategy, it’s me and my lack of patience.
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Re: Diary of a stubborn trader: scalping EUR/USD without indicators
Does anyone else feel that the real enemy is not the market but your own finger on the mouse? Sometimes I feel that the best tool would be an alarm that prevents me from operating.
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Re: Diary of a stubborn trader: scalping EUR/USD without indicators
Fourth day: I operated like an idiot. I entered without confirmation, without context, just for "looked like I was going up." Result: -2.2R. This diary begins to seem more confessional than technical analysis.
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Re: Diary of a stubborn trader: scalping EUR/USD without indicators
Fifth day: I decided to take only two tickets. They were good, both winners, +2.5R. Less is more, at least for me. I understand that operating less gives me more clarity.
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Re: Diary of a stubborn trader: scalping EUR/USD without indicators
Sixth day: I didn’t operate. I saw opportunities but I felt anxious, so I preferred to look at the market without entering. I think it’s also part of the process to learn when not to operate.
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Re: Diary of a stubborn trader: scalping EUR/USD without indicators
Seventh day: 3 trades, 1 winner, 2 losers. -1.1R. In the last inning I adjusted the stop for fear and ended up being swept away before going for it. I learned nothing today, I just confirmed my mistakes.
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Re: Diary of a stubborn trader: scalping EUR/USD without indicators
I'm beginning to suspect that if I sold signals and didn't operate, I'd be a millionaire, because I always see the move right after I left.
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Re: Diary of a stubborn trader: scalping EUR/USD without indicators
Eighth day: 6 operations, 5 winners, 1 loser. +3.6R. I only took tickets with clear structure, without forcing anything. I felt like a trader for the first time in a long time.
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Re: Diary of a stubborn trader: scalping EUR/USD without indicators
Someone reading this is going to think I'm bipolar, one day I look like a pro, the other a rookie, but this is trading, an emotional roller coaster with background graphics.
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Re: Diary of a stubborn trader: scalping EUR/USD without indicators
Ninth day: I didn’t operate for personal reasons. I was frustrated that I couldn’t stand in front of the screen, as if I missed something. Bad symptom, I think.
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Re: Diary of a stubborn trader: scalping EUR/USD without indicators
Tenth day: 4 trades, all losers. -3.2R. I completely skipped my rules. I am considering stopping a week. The diary does not lie: when I leave the discipline, the market charges me.
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Re: Diary of a stubborn trader: scalping EUR/USD without indicators
Reflection after ten days: the key is not to know more, but to do less. Less impulses, less operations, less noise. Just focus on price action and respect the system. This is teaching me more than any course.
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Re: Diary of a stubborn trader: scalping EUR/USD without indicators
One of the most common mistakes between the novice traders – and also many experienced – is to underestimate the impact of the emotional management during the operation. We can have a profitable strategy in the paper, impeccable backtesting and theory of surplus, but if we are not able to execute that strategy under pressure, in the real moment of the market, of little use all the above. The emotional factor is the great silent saboteur of the profitability. In my experience, the real change comes when you stop looking for the perfect operation and you start to observe yourself as part of the system. For example, if each time you lose two operations in a row you start to operate more aggressively or out of your plan, it is not the fault of the system. It is your emotional management that is unadjusted. Many fail not because their analysis is wrong, but because they react badly to the normal results of the trading, as a breakaway, one tool that has greatly helped me to carry out an emotional diary, not only of operations. I notice what I felt before, during and after every trade: fear, euphoria, frustration. So I have been able to identify mental patterns that I have repeated.
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Re: Diary of a stubborn trader: scalping EUR/USD without indicators
Thank you for sharing this very real reflection. I felt totally identified.
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Re: Diary of a stubborn trader: scalping EUR/USD without indicators
And what do you do when the journal shows you that you're just repeating the same mistakes over and over again?
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Re: Diary of a stubborn trader: scalping EUR/USD without indicators
Excellent contribution. It’s the best I’ve read in this forum lately.
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Re: Diary of a stubborn trader: scalping EUR/USD without indicators
Thank you very much, you just opened my eyes to my own post-trade behavior.
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Re: Diary of a stubborn trader: scalping EUR/USD without indicators
I'm not so convinced that the emotional diary is so useful. Isn't it better to just follow the rules without so much personal analysis?
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Re: Diary of a stubborn trader: scalping EUR/USD without indicators
Brutal this reflection. I’m already printing this to have you next to the monitor.
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Re: Diary of a stubborn trader: scalping EUR/USD without indicators
Thank you for this post, I needed to read something like that just today. Very helpful.
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Re: Diary of a stubborn trader: scalping EUR/USD without indicators
But don't you think sometimes we exaggerate with the emotional?
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Re: Diary of a stubborn trader: scalping EUR/USD without indicators
This goes beyond technical analysis, it's what really makes the difference.
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Re: Diary of a stubborn trader: scalping EUR/USD without indicators
I'm going to implement it from tomorrow. Thank you very much!
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Re: Diary of a stubborn trader: scalping EUR/USD without indicators
This type of contribution is what makes this forum worthwhile. Thank you.
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Re: Diary of a stubborn trader: scalping EUR/USD without indicators
There are those who need action, not introspection.
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Re: Diary of a stubborn trader: scalping EUR/USD without indicators
What you're saying about separating self-esteem from the result made me feel strong, thanks for sharing.
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Re: Diary of a stubborn trader: scalping EUR/USD without indicators
Very true everything, especially the operation after a winning trade. It happens to me all the time!
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Re: Diary of a stubborn trader: scalping EUR/USD without indicators
Thank you for the level of detail. This is not anywhere.
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Re: Diary of a stubborn trader: scalping EUR/USD without indicators
Don't you think focusing so much on emotions can lead to paralyzing action? You have to operate, not philosophize.
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Re: Diary of a stubborn trader: scalping EUR/USD without indicators
And how do you measure the success of your pauses? Because not everything is as easy as standing and breathing.
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Re: Diary of a stubborn trader: scalping EUR/USD without indicators
I feel that sometimes we look for emotional excuses to justify a bad strategy. It’s not always the mind’s problem.
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Re: Diary of a stubborn trader: scalping EUR/USD without indicators
It made me reflect on my impulses after a loss. Thank you.
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Re: Diary of a stubborn trader: scalping EUR/USD without indicators
Thank you for reminding me that this is a long-term game.
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Re: Diary of a stubborn trader: scalping EUR/USD without indicators
Inspiring, I'm going to save it and reread it every week. Thank you from the heart.
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Re: Diary of a stubborn trader: scalping EUR/USD without indicators
What if we're just bad at this? To what extent is emotion not a sign that this isn't your thing?
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Re: Diary of a stubborn trader: scalping EUR/USD without indicators
All that sounds nice, but does it work when real money is at stake? Because theory is one thing and spread another.
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Re: Diary of a stubborn trader: scalping EUR/USD without indicators
Good approach, but don't you think many just want signals and not so much self-knowledge?