Hello Guys,
I have been trying to start this up from past few months but one thing or the other came up, in between.
So,
WHEN:
As by august end, i have tried to fix most of the other things around me, i am mostly sure to devote my time hereon this project .
Though still, i would not be able to make this a Full Fledged journal (the way i like it to be),in a jiffy, i took this first step to open this thread to complete the half work (as they say it)
WHY:
I have had(?) my own share of earlier Mistakes(which i never thought i was doing),
Pain (which i considered normal earlier, thinking beach & that mansion will be there at yr's end),
Lost accounts (telling myself to forget them and charge the bank account once again for funding my fx account),
Excitements (to conquer the world in a day or a week at most),
Indi-mania (to search for that holy grail, finding it almost every week and again drooling after finding another indicator database )
to
Better learning (realizing what i was missing before),
Understanding (realizing what i was doing before),
trying to be there in those 5% (the so called ultimate aim of a FxTrader, if there are in fact that value is 5%)
to
almost being there, where IMO(again IMO) i am at least profitable,
though surely without supreme discipline(some relatively important issues to work on here),
& without "all learning" (though it is a life-long process or at least till one is trading)
So, the purpose of this thread (for me) is :
1) To post all my Trade entries, Trade-edits (wherever possible) & Trade exits before/during/after my trading time or at least at day's/week's end.
2) To prevent myself from over-trading (where i still sometimes lack discipline)
3) To feel more responsible for the trades i do , taking full responsibility for them and not consoling myself with a weird/BS reason for that bad entry or exit, still understanding the fact that if a move happened from A to B, one can't always enter at A and book at B.
4) To refer to an Trading concept, i never heard before from someone (in fact most people advising against similar stuff) and how i incorporated that style in my trading, of course along with its vices (as every trading concept/strategy has)!
5) To try different modifications and refine and optimize the concept mentioned in Point 4) and see the results with maximum possible unbiased gaze in front of this community, so that i can make better decisions in future.
6) To grow as a more profitable Fx trader.
WHAT NEXT:
To Give a quick boost to my interest to involve this writing stuff in my trading, i am planning to trade a Small-Money-at-Stake Challenge for myself, for which i will be starting a new thread (probably in different board)
Hope to update this thread soon and involve it the better way.
Cya
P.S.
NOTE: Its requested to kindly do not reply on this thread till i remove this note. As i will be adding/deleting/editing stuff in this first post on my way to make this a fullfledged journal, i would like this to remain reply-less
- Anything important/related, just Pm me.
I have been trying to start this up from past few months but one thing or the other came up, in between.
So,
WHEN:
As by august end, i have tried to fix most of the other things around me, i am mostly sure to devote my time hereon this project .
Though still, i would not be able to make this a Full Fledged journal (the way i like it to be),in a jiffy, i took this first step to open this thread to complete the half work (as they say it)
WHY:
I have had(?) my own share of earlier Mistakes(which i never thought i was doing),
Pain (which i considered normal earlier, thinking beach & that mansion will be there at yr's end),
Lost accounts (telling myself to forget them and charge the bank account once again for funding my fx account),
Excitements (to conquer the world in a day or a week at most),
Indi-mania (to search for that holy grail, finding it almost every week and again drooling after finding another indicator database )
to
Better learning (realizing what i was missing before),
Understanding (realizing what i was doing before),
trying to be there in those 5% (the so called ultimate aim of a FxTrader, if there are in fact that value is 5%)
to
almost being there, where IMO(again IMO) i am at least profitable,
though surely without supreme discipline(some relatively important issues to work on here),
& without "all learning" (though it is a life-long process or at least till one is trading)
So, the purpose of this thread (for me) is :
1) To post all my Trade entries, Trade-edits (wherever possible) & Trade exits before/during/after my trading time or at least at day's/week's end.
2) To prevent myself from over-trading (where i still sometimes lack discipline)
3) To feel more responsible for the trades i do , taking full responsibility for them and not consoling myself with a weird/BS reason for that bad entry or exit, still understanding the fact that if a move happened from A to B, one can't always enter at A and book at B.
4) To refer to an Trading concept, i never heard before from someone (in fact most people advising against similar stuff) and how i incorporated that style in my trading, of course along with its vices (as every trading concept/strategy has)!
5) To try different modifications and refine and optimize the concept mentioned in Point 4) and see the results with maximum possible unbiased gaze in front of this community, so that i can make better decisions in future.
6) To grow as a more profitable Fx trader.
WHAT NEXT:
To Give a quick boost to my interest to involve this writing stuff in my trading, i am planning to trade a Small-Money-at-Stake Challenge for myself, for which i will be starting a new thread (probably in different board)
Hope to update this thread soon and involve it the better way.
Cya
P.S.
NOTE: Its requested to kindly do not reply on this thread till i remove this note. As i will be adding/deleting/editing stuff in this first post on my way to make this a fullfledged journal, i would like this to remain reply-less
- Anything important/related, just Pm me.
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152