Trading Tip : Journal everything!
Weekend Trading Tip: Journal it!!!!
Journal all of your trades. Take notes on all of your trades. Where are you early? Were you late? Did you chase? Was your play with or against momentum?
Things to work on… Me: 8/11 trades for profit. However 10/11 trades from this past week could have secured better entry. (12-30% better) 8/11 trades I could have secured an additional 10% more profit on exit.
How will this information help me next week?
1. I plan to underbid, meaning whatever I’m willing to pay next week on entry, I will take 10% off and enter that as my bid price.
2. I plan to make only one trade per day next week, because my first trades of the day were much more successful.
3. I showed a ton of patients this week, next week I need to shout even more and wait on the dark pool levels to be hit. You show me either resistance or support. NO ASSUMPTIONS.
Journal all of your trades. Take notes on all of your trades. Where are you early? Were you late? Did you chase? Was your play with or against momentum?
Things to work on… Me: 8/11 trades for profit. However 10/11 trades from this past week could have secured better entry. (12-30% better) 8/11 trades I could have secured an additional 10% more profit on exit.
How will this information help me next week?
1. I plan to underbid, meaning whatever I’m willing to pay next week on entry, I will take 10% off and enter that as my bid price.
2. I plan to make only one trade per day next week, because my first trades of the day were much more successful.
3. I showed a ton of patients this week, next week I need to shout even more and wait on the dark pool levels to be hit. You show me either resistance or support. NO ASSUMPTIONS.
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ReadyGo : Indeed a good discpline that helps to align all activities against a set of goals.
ragamuffin : Good stuff Brother! Love journaling Love studying!