A fresh start! Doji's Trading Journal

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bettlebox
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Postby bettlebox » Wed Jan 08, 2014 6:26 pm

Just wanted to point i never took those trades on eurusd today. They viewed as just plays off 1hr levels with no regard to 4hr.


The point been if had no higher timeframe direction the worst case you walked away on the day with -6 pip loss how would you react to it? and lets say you took that other trade and we add -7 pip trade to total.

-6 + -7 = -13 pips how would you react to that?

In the bigger picture -13pips is nothing.
There are two forces acting upon us: Suffering pushes us forward from behind and pleasures entice us and pull us forward.

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TygerKrane
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Postby TygerKrane » Wed Jan 08, 2014 10:05 pm

newscalper wrote:Red news is about to rip me a new hole
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"Goodbye my account. You have served me well"
~newscalper

:smt043
ROFL!
I have tears in my eyes, that s**t is so funny!


Well if it makes you feel any better, I start trading again next week, so maybe we can spread the pain & laughs around

**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

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newscalper
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Postby newscalper » Thu Jan 09, 2014 10:02 am

:lol:

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newscalper
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Postby newscalper » Thu Jan 09, 2014 10:07 am

thx for the PA tips BB

Today
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paweldobkowski
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Postby paweldobkowski » Thu Jan 09, 2014 11:37 am

Hi NS : )

Sorry to see Your loss but remember that failure should be a feedback. I'm curious, what did You learn from this particular experience?

And one more if You don't mind me asking. Do You have one approach / style or You jump between tools?

Because You often post different charts and what I've found helpful is to stick with ONE thing (even if it's not working well) and going with it for an extended period of time. It's like math, You can't see the variables without having constant values. Also what we tend to do (people) while switching approaches is to focus mainly on them. Do we do it right? / wrong? etc. and when we find something good we EXPECT it to work. Which automatically imposes our view on the market instead of letting market dispaly it's nature to us. Even MO said WAAAAAAY BACK something like: "You need to let the market teach You how it works". Which I belive is basically that principle in action.

Hope that makes any sense : )

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newscalper
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Postby newscalper » Thu Jan 09, 2014 1:41 pm

paweldobkowski wrote:Hi NS : )

Sorry to see Your loss but remember that failure should be a feedback. I'm curious, what did You learn from this particular experience?

And one more if You don't mind me asking. Do You have one approach / style or You jump between tools?

Because You often post different charts and what I've found helpful is to stick with ONE thing (even if it's not working well) and going with it for an extended period of time. It's like math, You can't see the variables without having constant values. Also what we tend to do (people) while switching approaches is to focus mainly on them. Do we do it right? / wrong? etc. and when we find something good we EXPECT it to work. Which automatically imposes our view on the market instead of letting market dispaly it's nature to us. Even MO said WAAAAAAY BACK something like: "You need to let the market teach You how it works". Which I belive is basically that principle in action.

Hope that makes any sense : )

I'm effectively trading EXACTLY the same method. I just post a completely different chart each time, trying to see what's going on like most others on here lol. It's all momo retrace enter.
What did I learn, how about never trade when there's news but as there's news about every half hour that means never trade. period. The other feedback I get is lose lose lose lose lose lose lose lose, every trade pretty much loses. Im a streaky trader and every trade in the streak is lose. I can't remember the last time I gained more than the spread.

paweldobkowski
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Postby paweldobkowski » Thu Jan 09, 2014 1:54 pm

newscalper wrote:The other feedback I get is lose lose lose lose lose lose lose lose, every trade pretty much loses. Im a streaky trader and every trade in the streak is lose. I can't remember the last time I gained more than the spread.


You mean lately or all time?

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newscalper
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Postby newscalper » Thu Jan 09, 2014 2:00 pm

I post my trades. How many winners can you remember?
The one I posted earlier was a loss too btw. Now look what's just happened. Bang. it bounced around ff that minor r/s, then made a stronger H1 down bar. Then what? They took it right up, took out all the stops and BANG. Down.
So once again right on direction blah blah. Here comes the lecture on space.
I oversized space on the last spike down, that's why I lost 25 pips.
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Postby paweldobkowski » Thu Jan 09, 2014 2:49 pm

newscalper wrote:So once again right on direction blah blah. here comes the lecture on space.


Haha!

paweldobkowski
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Postby paweldobkowski » Thu Jan 09, 2014 3:06 pm

I look at it bit differently. The thing with that wick above H1 close is that they GIVE A FCK about that close. That is why they wicked it. Again MO: "closed candles are truth, not closed are illusion".

Also what TF You trade?

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