Gejordan Weekly Journal

A - Change to Short
(Long 1/7 - 1/16)
(Short 1/5-1/7)
(Long 12/29 -1/4)
(Short since 12/21 - no trade)
1/2 + 26
1/4 + 36
1/16 +333

B - Short
(Short 12/26 - tbd )
(long since 11/10 1684 to 1858, neg swap)
12/29 -23
1/4 +17
1/10 +98


IRLT -Down, IRST - Up

Slow start to the year. After TP1, I moved the BE and went to bed.

I was thinking you retired.

Thursday 1st Feb

Good to see you all still trading here! I wish all the Best for 2018!

Hi G,

I was not able to trade for past few weeks since I was overseas. I took a trade yesterday. It was a winner. Thank you.

Thursday 8th Feb

Monday 12th Feb

Hi G,

Took two trades.... 1 winner...
I cut the second trade after -6 since I felt that it may go up after I entered....kept the loss small....

13 Feb

Updated.. 28and 77 on the second

No trades on 14 Feb...

First black arrow.. I was hesitating to take it after the big drop. I was not awake during the break out and retest at second arrow

15 Feb

Attempted one trade... didn't take me in... I removed the PO when market went up....

You are trading well. No need to force anything so good job just letting it go.

Sure. Thank you.

19 Feb,

Hi G,

I attempted two trades.

I came in to the day looking for short trades... from 1.2450 area

First trade: I saw the PA candle(black arrow) and put a better than full retrace Pending order for long. the market came to my stop at 1.2387 and went up. Now, looking left I feel that the SL should have been below 1.2383( from 14 Feb).

Second trade: When I saw price respecting the 1.2400 BRN , I bought it again at 1.2405 after the BUOB. i got +10 and +2

I was thinking to take full profit at +10 and going short at brown arrow but hesitated and missed the bus....it was a good signal at 1.2420 area at brown arrow

20 Feb

No trades for 20 Feb. Outlook was bearish but didn't manage to get an entry

21 Feb

Attempted two trades
1. Didn't trigger PO
2. Entered short.... Hit First target... I reduced the risk from initial SL... but didn't move to BE to see if it will go further down... it knocked me out at -8.... so it is +14,-8

Thurs 22 Feb

22 Feb.

Attempted two trades
1. Short trade. Got +14, -5. Once the price hit my first profit area, I reduced the SL to just about the recent swing high...I should have moved to BE five candles after my first profit was hit.
2. I put a PO for long and it didn't trigger. two previous candles were long bearish candles. So I thought there might be some bears still and it may give a retrace. Unfortunately it didn't. Very disappointed that it didn't take me in

Hope anyone reading this notices what Rearden said in that last sentence. It's pretty awesome. Rearden said he is "very disappointed" that he didn't get entry on a trade that ended up being a big mover.

Believe it or not, that sentence exposes one of the biggest keys in trading. Rearden has acknowledged the disappointment of missing a trade. How Rearden manages that disappointment will be all the difference between success and failure in the coming days, weeks, and possibly months.

As I have typed on here a few times and worked through with Mikepip in earlier posts, you have to acknowledge your anger and disappointments when you miss trades, take bad trades, etc. Otherwise, you bottle it up, pretend like it doesn't bother you and then it happens again and over time it will spill over. Left unacknowledged it will lead to unprofitable trading or as we saw with Mikepip, you'll be sitting there painting a chart with no control to stop it.

Rearden, your key for the coming weeks will be to closely gauge your mindset before each session, see if any frustration/disappointment is present, if it is then make sure you never try to bottle up or ignore it. Acknowledge it, journal it out, and demand of yourself to not let it impact your decision making.