A fresh start! Doji's Trading Journal

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es/pip
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Postby es/pip » Thu Oct 18, 2012 11:34 am

1976---


I didnt reply to your pm, so i will add my two cents here. But again, all this stuff is just something that you are going to to need to see for yourself. No one wants to think that this is true and thinks a person can just say, when this happens then do that. Doesn't work like that, at least the way i do it it doesn't.

trade 1

was good one. What did it miss your TP by a pip, and you held it for a 5 pip loss?

Trade 2

H1 momo already got tested, it held it came back. Now it is getting tested again, but the new PA into it is different. You shorted right back into a engulfing m5 bar. I would consider that entry low odds at that point in time.

trade 3

The bias is no longer long at this point and has been short for a while. It hit a h1 shoulder and look at the h1 bar in the background. huge spike running the stops from the other pivot. i am not saying you cannot trade long where you did, as i was long that too. but once it doesn't go you can't just stay in it and hope.

i took a +4 on that one. Doesn't matter, you just have to look at it and realize the thing isn't going up so just get out of it.

will post a few charts of what i am talking about later
---------

Nice trading Doji congrats on your success.


Once again this is ANOTHER person that has not taken the IDEAS that have been presented as a 100% METHOD, and has found a way to make it work for him.

people who try and do EXACTLY what other people are doing will probably not be able to do it. You have to make it all fit in a way that you can understand it.
Bend over and assume the position for another 4 years of hope and change.

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Tony Montana
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Postby Tony Montana » Thu Oct 18, 2012 1:47 pm

Once again this is ANOTHER person that has not taken the IDEAS that
have been presented as a 100% METHOD, and has found a way to make it
work for him.

people who try and do EXACTLY what other people are doing will probably
not be able to do it. You have to make it all fit in a way that you can
understand it.
- es/pip

I love your posts man, talking about this human nature.. i will add
something

You might watch hundreds of charts from a forum and you might start
thinking, well this looks ok... i will trade similar to this kind of method.

You can't watch 100 soccer games and say well, i will also kick like Messi
now,,, it doesn't look difficult at all... ill just copy his moves into my style of
kicking... THIS s**t DOESN'T WORK.

You have to practice and practice over and over, hours and hours of
trading your screen,,, don't count hours reading forums... that s**t doesn't
count (and i know people that have more hours on forum that trading,, and
still wonder why they can't trade, but hey at least they have a lot of
knowledge lol...did you see the soccer narrators? they know everything
about soccer, every name of the players, every rule, every move,, but
why they cant play like the Messi or Cristiano Ronaldo....mmm let me
guess,, yeah again PRACTICE in the field, that make the difference, not
practice reading, practice watching your chart).. the real hours are
from watching your charts... from the forum you will get ideas but put that
ideas to work my friend.

That´s why you have to develop your own style, develop a firm character
and search for a comfortable trading style that you feel satisfied whenever
you enter a trade.

Doji always tell us, i will teach you how i trade but in the end you have to
develop your own method.

I hope this post help to all of you.

Peace,

Tony Montana
While it may be true that 95-99% of Forex traders fail, 100% of Forex traders who never give up will succeed
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PebbleTrader
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Postby PebbleTrader » Thu Oct 18, 2012 3:43 pm

"Practice..."

The best people in any field are those who devote the most hours to
"deliberate practice." It's activity that's
explicitly intended to improve performance, that reaches for
objectives just beyond one's level of competence, provides feedback on
results and involves high levels of repetition.

For example: Simply hitting a bucket of balls is not deliberate
practice, which is why most golfers don't get better. Hitting an
eight-iron 300 times with a goal of leaving the ball within 20 feet of
the pin 80 percent of the time, continually observing results and
making appropriate adjustments, and doing that for hours every day -
that's deliberate practice.
Life is just a journey

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Postby bettlebox » Thu Oct 18, 2012 4:20 pm

This very true pebble, i believe that trade journal will keep in the process and homing yourskills in a efficent, organised manner. Record your trades and analysis the results see whats working well and whats not. It will highlight weak areas as well.

Now i finially have stable trade plan i can trust. Mean i can have stable trade journal. Next week i will be keeping a record of all my trades in spreadsheet from now on. Time to get organised.



BB





PebbleTrader wrote:"Practice..."

The best people in any field are those who devote the most hours to
"deliberate practice." It's activity that's
explicitly intended to improve performance, that reaches for
objectives just beyond one's level of competence, provides feedback on
results and involves high levels of repetition.

For example: Simply hitting a bucket of balls is not deliberate
practice, which is why most golfers don't get better. Hitting an
eight-iron 300 times with a goal of leaving the ball within 20 feet of
the pin 80 percent of the time, continually observing results and
making appropriate adjustments, and doing that for hours every day -
that's deliberate practice.
Last edited by bettlebox on Thu Oct 18, 2012 4:25 pm, edited 1 time in total.
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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es/pip
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Postby es/pip » Thu Oct 18, 2012 4:24 pm

es/pip wrote:1976---


I didnt reply to your pm, so i will add my two cents here. But again, all this stuff is just something that you are going to to need to see for yourself. No one wants to think that this is true and thinks a person can just say, when this happens then do that. Doesn't work like that, at least the way i do it it doesn't.

trade 1

was good one. What did it miss your TP by a pip, and you held it for a 5 pip loss?

Trade 2

H1 momo already got tested, it held it came back. Now it is getting tested again, but the new PA into it is different. You shorted right back into a engulfing m5 bar. I would consider that entry low odds at that point in time.

trade 3

The bias is no longer long at this point and has been short for a while. It hit a h1 shoulder and look at the h1 bar in the background. huge spike running the stops from the other pivot. i am not saying you cannot trade long where you did, as i was long that too. but once it doesn't go you can't just stay in it and hope.

i took a +4 on that one. Doesn't matter, you just have to look at it and realize the thing isn't going up so just get out of it.

will post a few charts of what i am talking about later
---------

Nice trading Doji congrats on your success.


Once again this is ANOTHER person that has not taken the IDEAS that have been presented as a 100% METHOD, and has found a way to make it work for him.

people who try and do EXACTLY what other people are doing will probably not be able to do it. You have to make it all fit in a way that you can understand it.


Image

Image


same thing, looked a little different on spot according to this broker

Image
Bend over and assume the position for another 4 years of hope and change.

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Tony Montana
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Postby Tony Montana » Thu Oct 18, 2012 5:03 pm

Great post Pebbletrader and BB,

Practice is not only repetition of the same over and over, you need
to review your results for make improvements in that task...you guys make
a very good point.

Btw Pebble i read "The power of now", great book thanks for talking about it.


See this ;)
While it may be true that 95-99% of Forex traders fail, 100% of Forex traders who never give up will succeed

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Postby PebbleTrader » Thu Oct 18, 2012 6:03 pm

The NOW is powerful, but so is hoping into a "time machine" and traveling out into the future (to make sure we are headed in the right direction).

Mastery of Past, Present and Future is the ultimate goal.

It's knowing when to go back in time, stay in the here and now or time travel out into the future :)

This applies to life and trading.

Most people focus mainly on Past and Future and do not spend enough time in the now.
Life is just a journey

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Postby PebbleTrader » Thu Oct 18, 2012 6:06 pm

I will suggest another book which you will absolutely love.

It's called, "Zen and The Art Of Poker".

When you read it just replace the poker terms with trading terms. It's a book about poker, but you would not believe how much of it applies to trading, it could have easily of been a trading book.
Life is just a journey

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Tony Montana
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Postby Tony Montana » Thu Oct 18, 2012 6:27 pm

Mastery of Past, Present and Future is the ultimate goal -PebbleTrader

Beautiful my friend, we need to know when take the right parts from
that.

I will read that book sounds very good, i love the ZEN books.


Thank you my friend
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RicG
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"Zen and The Art Of Poker"

Postby RicG » Thu Oct 18, 2012 6:55 pm

Agree PT, 100%. Bought that about 3 years ago and it's one of the best "trading" books I've ever read.

Another great book I'd suggest for traders is "Golf Is Not A Game of Perfect", by Dr. Bob Rotella. Just replace golf terms with trading terms. After all, "Trading Is Not A Game of Perfect" either.

Ric

PebbleTrader wrote:I will suggest another book which you will absolutely love.

It's called, "Zen and The Art Of Poker".

When you read it just replace the poker terms with trading terms. It's a book about poker, but you would not believe how much of it applies to trading, it could have easily of been a trading book.

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