"I keep seeing this pattern repeating over and over on all time frames"
"something" is always repeating itself, but it is not the same "something".
I am very visual, like your illustrations
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PebbleTrader wrote:Hi Bettlebox,
"I keep seeing this pattern repeating over and over on all time frames"
"something" is always repeating itself, but it is not the same "something".
I am very visual, like your illustrations

bettlebox wrote:As most probably guessed by now i like to draw pictures lol. I do studys and draw pictures on topics. I dont like re-read stuff when simple picture can remind me. Here is why having a trade plan and trade journal are important.
Trade Plan is document describes your edge, money management and exitst.
Trade Journal is record of you trades ie pair you trade, buy/sell, enter and exit price, risk, stop loss, reasons you took the trade.
On the seesaws in picture i put the number enemy of a trader. One of the simples ways to maintain balance is with your trade plans. Espically the Trade journal this works like magic on your trades. If you like take stupid trades and you have to write it down in your trade journal trust me you will soon stop taking those trades. Why? because your making yourself accountable for your actions.
BB
TygerKrane wrote:bettlebox wrote:As most probably guessed by now i like to draw pictures lol. I do studys and draw pictures on topics. I dont like re-read stuff when simple picture can remind me. Here is why having a trade plan and trade journal are important.
Trade Plan is document describes your edge, money management and exitst.
Trade Journal is record of you trades ie pair you trade, buy/sell, enter and exit price, risk, stop loss, reasons you took the trade.
On the seesaws in picture i put the number enemy of a trader. One of the simples ways to maintain balance is with your trade plans. Espically the Trade journal this works like magic on your trades. If you like take stupid trades and you have to write it down in your trade journal trust me you will soon stop taking those trades. Why? because your making yourself accountable for your actions.
BB
Nice post.

Captain Pugwash wrote:Thanks again bettlebox for your efforts here
Your simple to understand pictures really do save a thousand undecipherable words! - keep it up mate
Richard Feynman is just brilliant - I love his videos