My Trade Journals

"The path to profits is not just a function of technical or fundamental analysis. It is not just about becoming an expert in one method or one candle chart set-up. Rather it is the combination of both the technical foundation and the mental framework."

My trading system has a 50% win rate. That means I could lose 50% of my trade.
So My expectations should be losing 50% of my trade, That is why I have to Follow money management.

I have to improve My Risk Reward ratio, The problem is If I try to take Large RRR My win rate will fall much lower.

I have to scan Multiple time frames and Multiple pair for a good opportunity to trade, I have to consider a few things before opening a trade.

1. Am I comfortable to lose the money I am risking now.
2. Did I expect High RRR in this trade. If I expect how much RRR is possible in this trade. If I expect RRR is more than 1 I should open the trade. Otherwise, I have to wait for the next opportunity.
3. I have to open more logical and High probability trade.
4. I should not open more and more trade when I am losing because I am doing revenge trading, Revenge trading is the number one problem in my trading so I have to stop it.
5. I have to respect my daily loss limit. As well as the Daily profit limit.
6. When market conditions are not good no matter what Method or how many trades I open I will lose money so better I wait for good conditions where I will get my high probability trade.
7. SL and TP are for my protection. I have to respect it.
8. If I think there is a chance to market goes against me or any other situations where I am feeling uncomfortable I should close the trade and take a break.
I have observed the market in a more logical way, not an emotional way.
9. After opening a trade anything can happen so Be ready for that Never expect any trade will work now, Market will reward me when Market is ready to pay me. I can't force the market. So I have to be patient.

I have to find my weakness and I have to improve it.

Good traders look to improve when they fall short. Great traders look to improve when they do well. They learn from successes and continually find new areas to master.

The market has its pattern, As a trader, I have a pattern, How I react to certain situations.
1. When I couldn't enter where I should enter, how I react.
2. When I miss Lot of good trade and Finally I enter in a bad signal and lose that trade how I react.
3. When I lose all my daily gain in one bad trade how I react.
5. Why and when I open more trade in one given signal, I know my one entry signal doesn't have a more than 50% edge.
6. Why and when I move instrument to instrument and time frame to the time frame for better signal instead of focused trade entry.
7. How I will react after 1 losing trade, 2 losing trade, 3 losing trade, 4 losing trade, 5 losing trade, 10 losing trade, 20 losing trade consistently.
8. How I will Add to my winning trade. why I have to learn it.
I have to search for all my patterns and have to list down all of them to improve.

I want to track my journey that is why I open this journal. I don't have any holy grail system. In fact, my system has only a 50% rate.

Post only tradable chart pattern and any chart pattern-related concept or an open trade with proper explanations why you open the trade.

Good books to read
1. Trading Without Gambling Develop a Game Plan for Ultimate Trading Success MARCEL LINK

First Trade of the Day. It hit my tp
Gold is rising I trade against the trend.

GBPUSD buy trade it was a 5 pips late entry. Hit Stop loss.

3 vertical line are 3 good entry I miss all of 3 trades, I enter in 2 trades all 2 are losing trade. That is what happens when we don't focus on.

2 winning trades and 1 losing trade in Gold. I cut the loose early.

The Daily Trading Coach
Take short breaks from the trading screen. These breaks can be a great way to renew concentration and step back from difficult markets. Some of the best breaks are ones that are wholly absorbing, that get you into a different zone than trading. Physical exercise is one example, talking with people you enjoy can be another. I find myself wholly absorbed when I play with my cat Gina or when I swim in our pool. The activity completely takes my mind away from what I had been doing and lets me return with a new perspective. Switch gears—absorb yourself physically and/or emotionally—after you’ve been cognitively immersed in markets. These breaks can provide some of the most effective trades.

Almost hit stop, I put to stop in last low. Directions less
Gbpusd. I close one trade after waiting a long time with 2 pips.
The second trade was closed when I saw the market is not in any mood to go up. In Uk session market is directions less. In the Asian session, the market moved nicely.
Got my 11 pips profit. if I don't close one trade it could give me better profit. If I close one trade earlier I could not suffer 22 pips DD Although SL is not hit.

I should always wait for a good setup. I should get a good entry. I should avoid Less than A+ trade.
Good entry means a good place to set stop and tp.
If good setup hit stop. I should wait for the next Logical good setup.
I should not open trade after trade after hitting stop. It will not give me profit rather will take my profit and My capital.
Good traders and Market always ready to takes my money when I feel uncomfortable.

For many traders, their greatest enemy is the harsh self-criticism they heap upon themselves after losing money or missing opportunity. Self-criticism occurs when we channel normal and natural frustration (which any competitive trader is apt to feel from time to time) as anger directed toward ourselves. When we turn our frustrations against ourselves as anger--telling ourselves that we're no good or not good enough, that we'll never succeed, that others are doing so much better than us--we create emotional distractions and a loss of focus that can only lead to subsequent poor trading.
If you read through the most recent Forbes article, you'll notice an interesting set of findings: Leadership and management work best when they are expressed through positive people skills. Being a caring leader or manager is just as important as being a tough and challenging one. Tapping into the goals and visions of others is just as important as projecting organizational goals. Caring about people brings out the best in people. That is true at work, and it's certainly true in our home lives.
So why should it be different in managing ourselves and our trading careers?
We channel frustration as anger when we make losing unacceptable. If losing is a threat and a failure, then the aggressive, competitive parts of ourselves will turn against us. It's a great example of how we can take a strength too far and turn it into a vulnerability. The only way we can balance that aggressive and competitive strength is to balance it with a very different strength: self compassion. Just as we would empathize with another trader who goes through a difficult trading period, we want to be able to empathize with our own situation during inevitable periods of drawdown.
This is why I emphasize the importance of treating losses as potential learning lessons and actually *embracing* them in our reviews. From the vantage point of deliberate practice, setbacks are the very fuel of growth. If we are coaching ourselves, we want to be our greatest support systems--especially during difficult times. It works in the management of organizations, and it works in our self-management. We can overcome self-critical thinking by replacing it with constructive thinking--and we can turn constructive thinking into a positive habit pattern by developing sound review processes.
In my upcoming Three Minute Trading Coach video, I will describe a centuries-old technique for cultivating self-compassion and defusing self-directed frustration.
One more thought, however:
Trading on tilt is often not a primary trading problem, but a reaction to a deeper, underlying problem.
We typically go on tilt after a setback in our trading ignites our frustration and our frustration ignites anger and a very negative sense of ourselves. We go into overtrading/tilt mode to try to make the money back, and we try to make the money back to try to restore our emotional equilibrium and feel better about ourselves.
In psychodynamic terms, tilt trading is a defense. It's a way of attempting to ward off damaging self-criticism triggered by losses and missed opportunity. Of course, such trading on tilt only deepens the losses, leading to serious emotional setbacks.
If we want to eradicate tilt trading, we need to balance that aggressive drive to win with an equally assertive sense of self compassion. Once in balance, we can channel frustration in ways that enhance us and further our learning in markets. It sounds strange, but drawdowns can be gifts, teaching us something about markets, something about ourselves, something about our trading ideas, something about how we trade those ideas. The goal is not to avoid loss; the goal is to keep learning and get better and better and better.

Brett Steenbarger, Ph.D.

If there is one thing I’ve learned from very successful portfolio managers and traders, it’s that peak performance is a process, not an outcome. Every mountain climbed is the result of a successful ascent: one step at a time. But how can we ensure that we are truly engaged in a peak performance process? Some years ago, I offered a quick “checkup from the neck up” as a way of assessing our positive psychology. Based upon a survey of the most successful participants I’ve experienced in financial markets, here is a different checkup: one of lifestyle practices associated with peak mindset and peak performance. Together, they form a brief checklist that can guide your ascent, whether at work or in your personal life.
1) How much variety are you experiencing each day? - This has been a particular challenge for those of us working from home with fewer outlets due to the pandemic. A consistent finding in positive psychology research is that we feel best, maintain our best physical health, and are most productive when we are doing enjoyable things and when we’re actively engaged in meaningful pursuits. The opposite of happiness and meaningfulness is boredom. Yes, we need routine to live life efficiently, but when life itself becomes routine, we can no longer stay energized. If we are to be at our peak, we need fresh sources of stimulation on a regular basis. Those I see performing at their peaks are finding unique and creative ways of staying highly engaged from day to day. Going on hikes in safe ways with friends and loved ones; joining online book clubs with community members; tackling fun projects at home with children and spouses; and expanding professional networks and conversations are all ways of maximizing daily life experience.
2) How much challenge are you experiencing each day? - The idea here is that we can add value and meaning to activities by making them challenging and structuring our challenges as daily ascents. Many people I work with find value in working out and staying in shape each day, but what if we take that a step further and add measurable outcome goals? For instance, we can track our heart rate and running speed and incline on a treadmill. That allows us to assess our cardiac efficiency and map our progress over time. Similarly, we can utilize apps and wearable devices to track everything from our stress levels to our cognitive focus and sleep quality, creating meaningful lifestyle goals. Several teams I am working with have set well-defined challenges for the new year, requiring each team member to learn new skills and share those with teammates on new projects. Sharing challenges with others creates new relationship experiences. It also generates a level of accountability that makes it more likely that we’ll stick to our discipline and reach our objectives. The key is taking what is currently routine and turning it into something that transforms us.

3) How much collaboration are you experiencing each day? - The great evolution that I have observed in the world of finance has been a move away from solo money management toward management in teams. Indeed, we’re seeing an increasing number of teams within teams, allowing for greater velocity of idea generation and enhanced diversification in risk-taking. The rule within these peak performing teams is that everyone makes everyone else better. Each member develops areas of specialization, experience, and expertise that can be shared with others in an expanded search for ideas. Such collaboration brings many psychological benefits, keeping team members creatively engaged even when opportunity sets are limited. This principle can extend across all life areas, as we expand our horizons by collaborating with others in virtual and live communities. One religious group I recently encountered is actively creating small group learning experiences, where members of the community share areas of passion, interest, and knowledge with one another. Several couples I know have pursued new interests together, including gourmet cooking and learning new languages. The best collaborations also bring variety and challenge, creating fresh experiences of enjoyment and fulfillment.
Notice that these three items involve doing new things and doing old things in new ways. Peak performance requires peak mindset and neither can be achieved through routine means. What we pursue and how we pursue it determine the psychological benefits of our activities. What if, every single day, we commit ourselves to time spent in new ways, in challenging ways, in collaborative ways? What if we make life itself a source of innovation? Greatness begins by living each day greatly, and that requires a mindful commitment to not just ascend, but transcend.

Brett Steenbarger, Ph.D.

Gold H4 chart I am observing our measured move is completed. Now I am expecting the price will slow down or reverse in next week.
If the price moves more lower and we get a buying opportunity it would be good for us too.
H4 chart price is lower 200 ema. almost 900 pips lower from 200 ema. there is a decent possibility of a pullback.

gold weekly chart