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.
Re: Diary of a stubborn trader: learning by beating
Today I did not operate. There was strong news of inflation in the USA and I preferred to look from the outside. I realized that operating out of anxiety about "not losing the movement" has cost me more than any bad trade.
Re: Diary of a stubborn trader: learning by beating
I don't operate anymore this week. I've been losing 3 days in a row and I know I'm forcing tickets. I need to recover clarity. Sometimes the most profitable thing is not to touch the mouse.
Re: Diary of a stubborn trader: learning by beating
Thank you for sharing your bad days too. Many only publish when they win. Seeing this helps me understand that we all go through the same thing, and that the road is long but possible.
Re: Diary of a stubborn trader: learning by beating
I returned to the market after three days of pause. Entry into AUDUSD due to rupture of Asian rank. Result: +22. It’s not much, but I felt focused, without anxiety. That’s already gain.
Re: Diary of a stubborn trader: learning by beating
I close the week with a little bit more trust. Beyond money, I feel like I’m starting to think like a trader. Analysis, execution, management and review. Thanks to those who read, even if they don’t comment. This is helping me more than I thought.