Fana - My Trading Journal

This is a documentation of my trading.

I have started forex in July 2009

Questions and commentaries are welcomed.
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Many thanks to : Fti, Maheswara, Auxesis, GEfx, Bobokus, Piccolo, Shermenator, Gro, MaMood, ayiahmarklah, indianguyinny24, LuSan, 1234, hcong168,

Special thanks to my girlfriend Jana.
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Start : $ 1675
Target : $ 10.000.000
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Rules:
1. Only observing 30min before trading
2. Trading only in peace of mind
3. Trade only what i have tested
4. Never hold trades overnight, never let trades without control - "Open - full control - close"
5. Money management - balanced
6. When failure - pause
7. Trade only good opportunity (not at all cost)
8. Max 12 hour/day
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Trading system : From this point, i realized, that is not possible for me to adopt some somebody elses system. The best for me is in my head.
I dont like to hold positions more then "logical from M1, M5.".
Never throw a night.
Never without controll.

M15 - is basis
M1,S30 - are to enter trades
H1,H4 - trend, borders, breaks...

Fana:

If you don't mind my busybody-ness:

I am a devouter of keeping a trading journal. BUT, a private one, not something I will publicly display.

What I keep in my journal, not only the trades done, opening and ending balance, but also what I feel/observe during and after trading. I later do de-briefing session, regularly and as required. This is more like a weekly/monthly review on progress in context of my personal life changes.

In order for me to be truthful, and willing to jot down whatever feeling (good or bad) conveniently and I know that later ONLY a calmer version of me is able to look into it, I have to keep it private and handy. I use a s/w to track this, open all day long when I am trading so that every thing can be conventiently captured. Since I trust this calmer version of me (The General), don't have to worry about who will say what about my thoughts, who will know my super secret trading tactic/rules/setups, who will think of me if I did a bad/stupid mistake, I am more willing to dump my feeling/thoughts down. Forget about grammer, spelling mistake and format, just dump.

This trading journal will point to many things that is not obvious during the heat of battle, especially development of certain behavioral pattern. It helps to identify weakness and reinforce strength. The calmer version of me (General) will device rules/directives/plans for the commander in the battlefied to avoid mistake and repeat success. It becomes my personal coach (not just trading, but life coach as I capture thoughts that are beyong trading), my psychiatrist.

Just my 2 pips for you to consider.

hcong168
Thank you

I was consedering if it is suitable to show here my results.
I decided that yes. And also with my $10.000.000.
I want it, so why not....

Soon, here will be graph up or down... it will be updated... you will see all my results.

Yes, i have this journal for such purpose you have written... But i dont see problem in adding my results... It doesnt interfere with it...
Regards

M1 long ...break

protect to fail...

Closed +10pips...

Long re...
closed +3,2

The market is stucked... What...? I was looking at a picture...

make sure you are comfortable with displaying all your mistakes and be honest about them.

try not to lie to yourself.

Mistakes: I was 10pips under water in one trade.
WHY THIS??? When i trade 1M, it is unlogical to let it go to such minus area.

Solution : When entering trade, logical SL is plotted.

Profits take 15 pips, for what did i wait????? +17... and closed +5.

My own todays rating : D

Bull flag M5? Rather range..? Try sell, tight SL.

closed +2,2. Uncertain because of bthe bull flag...

Bullish flag... long...

closed - triangle M1... +2

Triangle... but dont know what to trade now, break is not certain because of range...

Long when break this...

The same mistake as yesterday. Iwasnt able to close trade, when i knew, that it was WRONG.

- Have to make orders with SL
- Have to handle to stop it manually
- ?

How big should be SL?
-very small (confirming thatit is 100% ok...)
-bigger?

HAVE TO THINK!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

LOSER? LET THE DRAWDOWN RISE..... LET THEM GET MY MONEY FROM MY STUPID.....

Today i was in pizzeria working + trading. Deadly combination... Nerves on 100% cpu... Thats mad....

-Tomorow - SL...WHERE, WHY.... Where is logical pointwhen to close...

In my head : fool, fool, fool, fool.......
But i need really to refresh.... So tomorow standard 8hours only...NOT MORE!!!

Currently not loosing, not earning..... That, whati earn can cover mistakes.

THIS IS NOT LONGER POSSIBLE:



T H I N K - dont be idiot.

With my gf and her gradmother in Bukovany near Brno... Trade 5month when there...

Short on fibo 50% H4

If 3 fails.... hold short... should be strong...

Lets see the scenario...

2 is strong... hitting 38,2
Big red candles...

FEBRUARY 1,2,3