Just Trades

[tar]

Journal's tally -20 points and 2 positions are open

 

[tar]

Long spy at 923.7 sl 880

 

[tar]

Long spy at 923.7 sl 880

Long Soy typo

 

[tar]

long spy at 923.7 sl 880

+42

 

[tar]

Long loreal 165.70 sl 155

closed loreal at 168.55 = +285 points

 

[tar]

long louvuit fr 156.10 sl 144

Closed Louis Vuitton at 160.60 = +450 points

 

[tar]

flat

 

[tar]

long 10 yr cfd at 127.49 sl 126.00

 

[timsk]

Hi tar,
I haven't been keeping a tally of your points, but my guess is that you're doing extremely well on that front. However, as you're well aware I'm sure, an impressive points tally doesn't always translate into an impressive $$$ tally. Depending upon what your objective is with this journal, you might like to provide some insight into what all the points mean in terms of your PnL. On the other hand, you might not! ;-)
Tim.

 

[tar]

Good morning

 

[tar]

long 10 yr cfd at 127.49 sl 126.00

Closed now @ 127.58

 

[tar]

Short cable at 1.5615 Sl at 1.5700

 

[tar]

The benefits of creating a journal

I like this post by Mike from BMT forums :

My main purpose in starting my blog was to hold myself accountable. I knew that by doing so my trading would improve, because I finally made the huge revelation that I (my brain) was holding back my own profitability for one simple reason. I wasn't being honest with myself. I was constantly making excuses as to why something didn't work.

It was absolutely crucial my trading improve, so I decided to leap forward right to the edge -- and start my blog and start putting everything out there for public consumption and public accountability.

Almost immediately, I found the blog to drastically improve all of my weakest areas of trading -- the mental side of things that were previously holding me back.

The community was very receptive to my blog, so I started the forum. The main purpose of the forum was to give back to others, and give them the tools and the avenue to make similar revelations in their own trading.

So, why start a journal here in the forum?

- Opportunity to be honest with yourself
- Reflect upon what worked, and what didn't
- Improve your trading, take it to the next level

What not to be afraid of:

- People questioning you
- Someone thinking your dumb, or your trades are dumb
- Your charts won't make sense to others
- The instrument you trade isn't popular in the forum

The journal is to help the person posting it (that would be you). Sure, viewers and outsiders looking in can benefit, but the best way they could REALLY benefit would be to start their own journal. You can't be a successful trader by simply copying what others are doing.

I hope to see more of you creating your own journals here on the site and updating them on a regular basis. Your journal can be as detailed or summarized as you wish, it is up to you. I suggest you briefly describe your entries, then post charts showing the days activity. You can go further if you wish by posting Profit and Loss reports. It is entirely up to you.

Mike

 

[tar]

Starting from Monday i will post risk & reward in % as well .

 

[tar]

Short cable at 1.5615 Sl at 1.5700

closed at 1.5654 = -39 pips .

Tally 727 points

 

[tar]

If you can make your own breakfast you can become a successful trader .

 

[tar]

buy stop dax at 11080 sl 10

 

[tar]

buy stop dax at 11080 sl 10

closed at 11109 = +29

2.9 R

 

[tar]

Buy limit EX50 at 3502 sl 10

 

[tar]

Buy limit EX50 at 3502 sl 10

closed at 3496 = -6

-0.6 R