FXfreak Trading Journal III

If you don't know where to start, start here! Don't be afraid to ask questions.

Moderator: moderators

FXfreak
rank: 150+ posts
rank: 150+ posts
Posts: 366
Joined: Fri Apr 30, 2010 6:46 am
Reputation: 0
Gender: None specified

FXfreak Trading Journal III

Postby FXfreak » Tue Nov 27, 2012 6:29 pm

I think my problem is a lack of discipline. This thread should help me to get my gambling attitude fixed ;-)

Thanks to all the great helpers like es/pip, mo, dragon and dojirock. Let's see if I'm able to kill the markets like you guys do!! ;-)

A big problem is that I'm working from LO Open to LO close...I trade sometimes at work but my lack of focus results in bad trades. I focus H1 and H4 now and only EU. Rock'n'roll!!

1. H1-Zline. Was ok, but closed it too late.
2. Entry below the lows on the left. But I was unsure how far it would go.
3. Stopped out exactly at the high. My stop just was stupid.
4. Good entry but I got out too early.

Total: -1


Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
es/pip
rank: 1000+ posts
rank: 1000+ posts
Posts: 2898
Joined: Wed Jan 21, 2009 9:28 pm
Reputation: 0
Gender: None specified

Postby es/pip » Tue Nov 27, 2012 7:52 pm

You will make it all work for you if you just stick with it.

You will just see s**t that you didn't see before and it will all start clicking.

I will follow along and make comments on your charts, this may be on the weekends though.
Bend over and assume the position for another 4 years of hope and change.

User avatar
bettlebox
rank: 500+ posts
rank: 500+ posts
Posts: 733
Joined: Thu Mar 11, 2010 12:06 pm
Reputation: 0
Gender: None specified

Postby bettlebox » Tue Nov 27, 2012 10:41 pm

Hi FXfreak

you know those comments you made 1-4?

are you doing anything about them to resolve them, so don't make same mistake again?.

Those comments are pure gold i can see all problems you are making from them.You can correct them by asking "why" question to each of them and resolving it.

you hit nail on the head with this comment "I think my problem is a lack of discipline" . I would change that to "My problem is a lack of discipline"

all joking aside that is where you want to look, at your own comments and ask yourself how you can resolve them issues.

BB
There are two forces acting upon us: Suffering pushes us forward from behind and pleasures entice us and pull us forward.

paweldobkowski
rank: 150+ posts
rank: 150+ posts
Posts: 444
Joined: Mon Dec 27, 2010 12:12 am
Reputation: 0
Gender: None specified

Postby paweldobkowski » Wed Nov 28, 2012 11:48 am

YEEEAH BUDDY!

GET EM FX! :wink:

FXfreak
rank: 150+ posts
rank: 150+ posts
Posts: 366
Joined: Fri Apr 30, 2010 6:46 am
Reputation: 0
Gender: None specified

Postby FXfreak » Wed Nov 28, 2012 10:17 pm

These are my trades from today.
TOTAL: +14

1. Looks good :-)
2. The idea was a short to the yellow line. But after the stops were taken out and price came back I was afraid.
3. Stops below the low were taken out, I was expecting to a fake breakout to the north before heading south. I was too late in the trade.
4. z-line entry, exit at extremes. tis could have been a runner. coulda woulda shoulda :-/
5. I don't know why I refused to exit the trade earlier. M5 gave signs to exit.
6. I was expecting a drop much further. But after price came back with hh's I was afraid.
7. Basically the same idea as my last trade. Long at M5-Support.
8. Entry after everybody was out. Exit at BO-area.

When I look at the picture I see that sometimes I'm holding M5-trades for a lot of waves. And I exit some trades too early which could have been runners.

Some trades are late because I'm at work. This might be a big problem. I'll analyze that issue next week.



Image

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

FXfreak
rank: 150+ posts
rank: 150+ posts
Posts: 366
Joined: Fri Apr 30, 2010 6:46 am
Reputation: 0
Gender: None specified

Postby FXfreak » Thu Nov 29, 2012 4:40 pm

Third day, I didn't have a lot of time for live trading.



1. R from htf but ended as a loser. Could I have get an exit earlier? :-/
2. Entry at R bec S, exit at R
3. Current trade, I will have to see... ;-) UPDATE: +10

TOTAL: +24

edit: No 3 ended as +10 and it looks like I should never use targets again :roll:
Last edited by FXfreak on Thu Nov 29, 2012 4:46 pm, edited 1 time in total.

FXfreak
rank: 150+ posts
rank: 150+ posts
Posts: 366
Joined: Fri Apr 30, 2010 6:46 am
Reputation: 0
Gender: None specified

Postby FXfreak » Thu Nov 29, 2012 4:45 pm

Sometimes I have to cry although I got a winner....


User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1558
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 0
Gender: Male
Contact:

Postby dojirock » Thu Nov 29, 2012 5:45 pm

Hey FX,

Looks like your coming along good, considering your not doing it full time.
I caught the same drop, at work and just happened to be at the computer when i exited!

A win is a win right?

doji
Attachments
bam!.gif
bam!.gif (13.22 KiB) Viewed 963 times
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"

FXfreak
rank: 150+ posts
rank: 150+ posts
Posts: 366
Joined: Fri Apr 30, 2010 6:46 am
Reputation: 0
Gender: None specified

Postby FXfreak » Thu Nov 29, 2012 11:48 pm

doji, great to see you!! well, the pictures look good but i lost the whole november... i lost nearly every day and had no solution. the last three days were ok, nice swings. if i would trade full-time i would have taken some more trades.

but i have to focus on the ranging days because they were killers for my account. i really have to see and to analyze in the next week how i trade the ranging-sessions. but november was super-ugly...at least for me....

have a nice day ;)

FXfreak
rank: 150+ posts
rank: 150+ posts
Posts: 366
Joined: Fri Apr 30, 2010 6:46 am
Reputation: 0
Gender: None specified

Postby FXfreak » Sat Dec 01, 2012 8:53 am

One trade yesterday for me.
I got stopped out atthe wicks in the blue box. But my idea would have worked :-/

TOTAL: -5


Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “beginners forum”