Journal for my Self-improvement

ONe last one I promise

moved stops to 10 pips. I am gonna try to milk it to the fullest. Lets see how it goes. Only retest exit on 30min

Took half off +24 pips so -30.5+24 =-6.5 for the week

Just to say I know its only you posting but keep it up I think everyone should do this playing your cards open on the table ...good on yea I enjoy reading ...

Thanks for your encouragement

Sell limit at 2307. The decision to hold this all night or not will be made at 12am Ny time tonight depending on where price is in relation to key zone

I dont like this 30 min candle close so I closed at +25
-6.5+25= +18.5 for the week

maybe a buy if price close above 2294 and sell if price below 2284.
Sell limit put at 2284

trying to add at 2282

[quote=alwaysloser;14372730]{image}trying to add at 2282[/quote
I am losing patience. It's now or never

Shit they scared me for a second there. Thank God for the long wick

Closed all +32 pips Done for the day done for the week>>Gonna sleep now
+18.5+32= 50.5 for the week

On my sleep i had placed this buy. Just a miniscule size with 7 pip risk so I dont give back my profits
Double confluence of key candle- green zone and daily blue zone

added 0.05 more and moved stops risk now 8 pips

added another risk now 1.5 pip wanna tp around 2240

They managed to shake me out. Closed it for 6 pips so 50.5+6 = 56.5 pips* 2 = $113 for the week

Observations from this week:
- I am getting much better at accepting small losses but I feel that I need more practice. There were times where I wanted to say fuck it and start martingaling and risking more than 30 pip per trade but Idk what stopped me. I am glad I didn't succumb to mind tricks and old habits.
- Still looked at 5 min timeframe despite making it a non-negotiable to look at timeframe lower than 30 min.
- Most of the times when I lose, I lose almost an equal size to my wins. I think this could be because I start with 0.1 lots as my preliminary position. On the back of my head, I am thinking "What if I only put 0.05 position and the trade happens to be a winning trade?" A fear of making small profit. I believe market gives enough opportunity to add position. Also the first order of business has to be minimizing loss not profit. Therefore, next week I have to start with 0.05 as my preliminary position.
Another reason is I took subpar entries in a big zone and had a big stop. If the zone is really big, then it is better to take entry at midpoint of the zone.
- For the first time I felt such a relief and lack of emotion during trade when I took partial profit(PP). No anxiety whatsoever. Even Mr. Pat Chiko takes PP. I believe taking PP at the right trouble area is the best way to TP for me. Not only do I secure the bag but also I control my anxiety during trade. I will have at least 2 targets where I TP before entering trade next week.
- Magic happened when I only looked at charts at the end of 30 min close. Less anxiety, less fear less micromanaging trades and felt as if all of a sudden market God is rewarding me with profits for doing good.
-Limit orders were a gamechanger for me. It controlled my FOMO impulses, made me take better entries at the level I wanted. I felt so good on FOMC day where my limit orders were not triggered. I had to experience the missing out to know what it feels like missing out. It felt like that is how it should be. Normally I was forcing and demanding entries from market and Market God rightly punished me as well.
-Tracking key candle helped me set the right bias for the day. Normally, I was trading everywhere every RS kink that I learnt from Mr. Pat Chiko, but he uses market structure to determine bias for the day. For myself, market structure is so confusing I dont understand it properly. However, by using my holy grail key candle/zone for bias and Mr. Pat Chiko's RS kink for entry I was able to do much better.
- Still have the habit of getting revenge on market. I get emotional after losses esp. where I close the trade and market moves in my favor.
- Felt really good to score big fish by holding on to a winning position. Now that i have some experience of holding on to the winning position longer, why not do it more?

Plan for this week:
I wanna do better than last week in terms of following rules and non-negotiables. There are so many aspects that I can improve. However, knowing myself I know that if I restrain myself with too many rules, then I will not follow it. I will pick 3 non-negotiables (NN) this week that I think are the easiest to follow. If I follow these NN properly and remain profitable at the end of the week, then I will bump to 0.3 lots next week.
1) Only take limit/stop order.
2) TP via PP: PP can be taken at previous key candle (KC) or RS kink.
3) Only look at charts at the end of 30minute candle: This NN seems easy, but I realized very fast that it is hard to follow. I have to throw a bone to this dog mind, so it remains occupied. I am going to utilize this 30min time to actually read books, prepare my smoothie, clean the dishes, etc. Anything but stare at screen and imagine dragons.

That's it. Only 3. Can I do it? How much do I want it? That is the question. There is no need to be too hard on myself if I break these rules. I have time. Lifelong ahead of me to improve. I am not perfect. Sometimes mistakes happen. Therefore, I will allow you 2 strikes for these NN. More than 2 mistakes and you cannot bump lots next week. You don't have to go down either because these NN are important but not important than risk management rules. Very simple. Good luck this week. I hope you make me proud.

I have sell limit at 2253. Double confluence of my key candle and RS kink. If price close above 2275 then I will start thinking bullish Monday. For now bearish.

Lost 5.5 pips. Price has closed above 2275 so i have a pending buy order at 2270. But there is a weekly barrier above that orange zone where i might try to short again