Entry:

Looking for a chance to add-in:

Since I entered at W1 extreme AND D1 had a strong close over the open of the previous day, naturally, I was looking for longer term possibilities:

Add-in:

Closed out all, 12pips after my add-in:

Afterwards:

Moderator: moderators
--Missed AU Long trade-- wrote:
[highlight=black][size=117][font=Comic Sans MS]Instant Self-Discipline,[/font][/size][font=Tahoma] trackback, v2.0[/font][/highlight] wrote::!:![]()
![]()
![]()
![]()
![]()
Version 2.0
$1150 - 40% = $690
Instant Self-Discipline - Ver. 2.0, Weeks 1 & 2 wrote::!:![]()
![]()
![]()
![]()
Week 1
4/16/12 - 4/20/12
17 entries
-2.41%
![]()
![]()
![]()
![]()
![]()
Week 2
4/23/12 - 4/27/12
14 entries
-1.96%
So, I'm just updating the records before I continue b/c I do want to keep on posting my account like that.
Other than that:
My ultimate goal, is to maintain a -%5 max loss each week, while maneuvering myself into a 20% trade every 2-3 weeks.![]()
(I hate to set limits on myself, but, I honestly can't even imagine needing to strive for anything more.)
So it looks like I will be planting 2:1lev seedlings at this point.
¤ I am still trading by just price action, but am embarking on a TOTALLY different way of viewing the charts.
____________________________________________________________________________________________________
Other than that, what I learned on vacation, is that THIS girl always cheers me the hell up:
♫♥♥ Kyary Pamyu Pamyu ♥♥♫
http://en.wikipedia.org/wiki/Kyary
http://www.youtube.com/watch?v=yzC4hFK5P3g
~KraneInstant Self-Discipline - Ver. 2.0, Week 3 wrote::!:![]()
Week 3
6/11/12 - 6/15/12
5 entries
-2.64%
![]()
![]()
![]()
ummm, lost 132 pips in 5 entries??
2:1lev entries.
Instant Self-Discipline - Ver. 2.0, Week 4 wrote::!:![]()
Week 4
6/18/12 - 6/22/12
17 entries
-2.86%
![]()
![]()
![]()
Got stopped out on some trades that would've gotten me to break even for the week. Then didn't feel like trading the reversal part of my trading plan {AU Short}-- which would've brought me over the top for a positive week.
But I can say for certain...WAITING is not my problem.[¤1] I'm s-u-p-e-r comfortable with my entry checklist
[¤2] If the market moves without me, I only have minimal attachment to the pips that could've been. {...for the time being...}
Instant Self-Discipline - Ver. 2.0, Week 5 wrote::!:![]()
Week 5
6/25/12 - 6/29/12
23 entries
7.63%
![]()
![]()
![]()
The weekly gain was almost not as much as you see there. After stalking GU for a bit, I caught a great Short on it, added into, and watched it keep going in my direction. I then started looking at W1 chart to see where I might could target for long term. At some point I decided to just get out though, and it was one hell of an exit. I got out 6.5pips above the low 2 hours before it started it's reverse ALL THE WAY BACK TO MY ORIGINAL ENTRY!! Of course for me, that was pure luck as an exit.
For the coming week, I kind of want to use some of this profit to perhaps build leverage into my trades more quickly and aim for shorter targets.
Other than that, kind of want to remind myself of this:
Instant Self-Discipline - Ver. 2.0, Week 6 wrote::!:![]()
Week 6
7/2/12 - 7/6/12
25 entries
Realized=2.81% | Unrealized=4.61%
![]()
![]()
![]()
Caught about 2 or 3 trades with greater than 100pip gains, so I am more encouraged with managing that for getting to higher leverage quicker. I noticed something this week tho, it's simple, but still... I realized that the major part of me keeping a -5% max Weekly Loss comes from taking my losses at 2:1lev. I noticed froma trade that I got careless on that if I add into a trade, I can't handle price crossing back over my average line at higher leverages. So basically, right now, I'm only comfortable with taking losses at 2:1lev, while trying to make my gains at 4 / 8 / 12 / 20:1lev. (I know I'm not saying anything remarkable here.) I know that getting back to SPACE Wars would be nice as well. But for the time being, I'm digging deep inside to see if I can do anything else besides move my SL to my average line once I add-in.
Other than that, I HATE when I'm in a trade, and think I notice something in PA that will improve my overall comfort in making future trading decisions, but then when I go back to look at pics, the idea seems to have gotten lost.
Also, I won't have internet at my house for the next day or two cuz of some stupid incident, so that is a real pain in the a$$ as well.
Instant Self-Discipline - Ver. 2.0, Week 7 wrote::!:![]()
Week 7
7/9/12 - 7/13/12
29 entries
-1.67% (calculated from last weeks "Realized")
![]()
![]()
![]()
I am actually REALLY shocked that was all my weekly losses amounted to. I started the week on an a super-aggressive bet that I lost on, and then I just seemed to be stuck on stupid. In all honesty, by the end of Wednesday I was all set to keep my trading station closed for the rest of the week, b/c I was sure my losses were at 'that point'. I totally almost posted my weekly recap post Wednesday night. I put on one last trade, switching my bias prematurely, and woke up to some nice pips. My weekly losses would've been closer to break-even, but I boldly kept putting some of that 'profit' back out there, to try and roll it into greater gains.
But man was I stuck on stupid, how my entries kept getting stopped out.
Also --for the sake of worthless bragging-- I exited another big trade just *7pips* off of its reversal point, from where price made it all the way back up to my entry. So, I'm trying to get my mind right for doing these longer term trades (1-2 weeks) that I would love to catch. I don't want to hold on to something that gave me a lot of pips just to have it come back to me, so I have to stay careful about at what point do I stop considering that PA is doing a 'correction' and just close the trade off; giving up on hopes of adding-in. It sucks to have a lot of SPACE and not work it for all it's worth.
[highlight=black][size=117][font=Comic Sans MS]Instant Self-Discipline,[/font][/size][font=Tahoma] trackback, v2.0[/font][/highlight] wrote::!:![]()
![]()
![]()
![]()
![]()
Version 2.0
$1150 - 40% = $690
Instant Self-Discipline - Ver. 2.0, Weeks 1 & 2 wrote::!:![]()
![]()
![]()
![]()
Week 1
4/16/12 - 4/20/12
17 entries
-2.41%
![]()
![]()
![]()
![]()
![]()
Week 2
4/23/12 - 4/27/12
14 entries
-1.96%
So, I'm just updating the records before I continue b/c I do want to keep on posting my account like that.
Other than that:
My ultimate goal, is to maintain a -%5 max loss each week, while maneuvering myself into a 20% trade every 2-3 weeks.![]()
(I hate to set limits on myself, but, I honestly can't even imagine needing to strive for anything more.)
So it looks like I will be planting 2:1lev seedlings at this point.
¤ I am still trading by just price action, but am embarking on a TOTALLY different way of viewing the charts.
____________________________________________________________________________________________________
Other than that, what I learned on vacation, is that THIS girl always cheers me the hell up:
♫♥♥ Kyary Pamyu Pamyu ♥♥♫
http://en.wikipedia.org/wiki/Kyary
http://www.youtube.com/watch?v=yzC4hFK5P3g
~KraneInstant Self-Discipline - Ver. 2.0, Week 3 wrote::!:![]()
Week 3
6/11/12 - 6/15/12
5 entries
-2.64%
![]()
![]()
![]()
ummm, lost 132 pips in 5 entries??
2:1lev entries.
Instant Self-Discipline - Ver. 2.0, Week 4 wrote::!:![]()
Week 4
6/18/12 - 6/22/12
17 entries
-2.86%
![]()
![]()
![]()
Got stopped out on some trades that would've gotten me to break even for the week. Then didn't feel like trading the reversal part of my trading plan {AU Short}-- which would've brought me over the top for a positive week.
But I can say for certain...WAITING is not my problem.[¤1] I'm s-u-p-e-r comfortable with my entry checklist
[¤2] If the market moves without me, I only have minimal attachment to the pips that could've been. {...for the time being...}
Instant Self-Discipline - Ver. 2.0, Week 5 wrote::!:![]()
Week 5
6/25/12 - 6/29/12
23 entries
7.63%
![]()
![]()
![]()
The weekly gain was almost not as much as you see there. After stalking GU for a bit, I caught a great Short on it, added into, and watched it keep going in my direction. I then started looking at W1 chart to see where I might could target for long term. At some point I decided to just get out though, and it was one hell of an exit. I got out 6.5pips above the low 2 hours before it started it's reverse ALL THE WAY BACK TO MY ORIGINAL ENTRY!! Of course for me, that was pure luck as an exit.
For the coming week, I kind of want to use some of this profit to perhaps build leverage into my trades more quickly and aim for shorter targets.
Other than that, kind of want to remind myself of this:
Instant Self-Discipline - Ver. 2.0, Week 6 wrote::!:![]()
Week 6
7/2/12 - 7/6/12
25 entries
Realized=2.81% | Unrealized=4.61%
![]()
![]()
![]()
Caught about 2 or 3 trades with greater than 100pip gains, so I am more encouraged with managing that for getting to higher leverage quicker. I noticed something this week tho, it's simple, but still... I realized that the major part of me keeping a -5% max Weekly Loss comes from taking my losses at 2:1lev. I noticed froma trade that I got careless on that if I add into a trade, I can't handle price crossing back over my average line at higher leverages. So basically, right now, I'm only comfortable with taking losses at 2:1lev, while trying to make my gains at 4 / 8 / 12 / 20:1lev. (I know I'm not saying anything remarkable here.) I know that getting back to SPACE Wars would be nice as well. But for the time being, I'm digging deep inside to see if I can do anything else besides move my SL to my average line once I add-in.
Other than that, I HATE when I'm in a trade, and think I notice something in PA that will improve my overall comfort in making future trading decisions, but then when I go back to look at pics, the idea seems to have gotten lost.
Also, I won't have internet at my house for the next day or two cuz of some stupid incident, so that is a real pain in the a$$ as well.
Instant Self-Discipline - Ver. 2.0, Week 7 wrote::!:![]()
Week 7
7/9/12 - 7/13/12
29 entries
-1.67% (calculated from last weeks "Realized")
![]()
![]()
![]()
I am actually REALLY shocked that was all my weekly losses amounted to. I started the week on an a super-aggressive bet that I lost on, and then I just seemed to be stuck on stupid. In all honesty, by the end of Wednesday I was all set to keep my trading station closed for the rest of the week, b/c I was sure my losses were at 'that point'. I totally almost posted my weekly recap post Wednesday night. I put on one last trade, switching my bias prematurely, and woke up to some nice pips. My weekly losses would've been closer to break-even, but I boldly kept putting some of that 'profit' back out there, to try and roll it into greater gains.
But man was I stuck on stupid, how my entries kept getting stopped out.
Also --for the sake of worthless bragging-- I exited another big trade just *7pips* off of its reversal point, from where price made it all the way back up to my entry. So, I'm trying to get my mind right for doing these longer term trades (1-2 weeks) that I would love to catch. I don't want to hold on to something that gave me a lot of pips just to have it come back to me, so I have to stay careful about at what point do I stop considering that PA is doing a 'correction' and just close the trade off; giving up on hopes of adding-in. It sucks to have a lot of SPACE and not work it for all it's worth.
Instant Self-Discipline - Ver. 2.0, Week 8 wrote::!:![]()
Week 8
7/16/12 - 7/20/12
10 entries
-1.25%
![]()
![]()
![]()
Tried to trade, but didn't really have much time. Did watch a lot of documentaries on the Anunnaki and Planet Nibiru tho...
Missed a great trade Long on AU (that continued throughout most of the week) b/c I got a little funky on my rules.--Missed AU Long trade-- wrote: