I realize that I still have much to learn... in fact I can assure myself right now that I don't even know what I don't know.
This is what to put in a journal : quoted from highway
We often want to argue. But if you have a journal, you can only argue with yourself. Only you can convince yourself.
If you like trading on M5 etc..with indicators etc.. and etc... what ever you are doing Write down the time you spend after each trade. The results the amount you win/loss with stops, why stooped, why let winer run. How much time you spend with family. How is your mood with your family. what quality?
Eventually after a period you will have enough data. Then you have the pros and con and you ask yourself HONESTLY. Is that what you want ? Remember what SM Jones said in above post? You need to care only what is important to you.
Also... he kept saying that trendlines fails most of the time? I'm going to prove him wrong by learning how mike do breakouts and mix them with S/R levels... if I failed miserably... it's still on demo
And ah yes... the single most important thing is forex trading, and trend trading, and trading whatsoever markets, is once again : Support and Resistance... no doubt... it seems that we as newbies and smart alexes, don't know what we don't know until we experienced it on our own.
http://www.forexfactory.com/attachme...6&d=1192874272
And Lo and Behold... PPZs... James was teaching us the truth after all, who are we to not love the guy?
This is what to put in a journal : quoted from highway
We often want to argue. But if you have a journal, you can only argue with yourself. Only you can convince yourself.
If you like trading on M5 etc..with indicators etc.. and etc... what ever you are doing Write down the time you spend after each trade. The results the amount you win/loss with stops, why stooped, why let winer run. How much time you spend with family. How is your mood with your family. what quality?
Eventually after a period you will have enough data. Then you have the pros and con and you ask yourself HONESTLY. Is that what you want ? Remember what SM Jones said in above post? You need to care only what is important to you.
Also... he kept saying that trendlines fails most of the time? I'm going to prove him wrong by learning how mike do breakouts and mix them with S/R levels... if I failed miserably... it's still on demo
And ah yes... the single most important thing is forex trading, and trend trading, and trading whatsoever markets, is once again : Support and Resistance... no doubt... it seems that we as newbies and smart alexes, don't know what we don't know until we experienced it on our own.
http://www.forexfactory.com/attachme...6&d=1192874272
And Lo and Behold... PPZs... James was teaching us the truth after all, who are we to not love the guy?