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Another self honesty journal

  • #21
  • May 14, 2010 8:09am May 14, 2010 8:09am
Quoting neutro
Were you able to stop and reverse on live like you do it on demo? Just like that, without a blink of an eye?
Yes.

I never experienced "fear" either if it's live or demo. Not saying it's a good thing but that's how it is.

Btw i did't took these decisions in blink of an eye.lol

I was eying these location since yesterday and you can see the intentions when i closed my shorts in post #17.
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  • #22
  • May 14, 2010 8:20am May 14, 2010 8:20am
Quoting nasir.khan
Yes.

I never experienced "fear" either if it's live or demo. Not saying it's a good thing but that's how it is.

Btw i did't took these decisions in blink of an eye.lol

I was eying these location since yesterday and you can see the intentions when i closed my shorts in post #17.
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It was a figure of speech, I was saying that you didn't have second thoughts.

Do you take every setup that meets your rules or do you analyze a bit further than the 3 confluence factors?

As in the gold trade. I'm with you on the other trades, but I wouldn't go short on gold now, due to the very strong uptrend and also because when gold starts moving in one direction it moves that way till the end of the day (from my limited experience with gold).
  • #23
  • May 14, 2010 8:30am May 14, 2010 8:30am
Quoting neutro
It was a figure of speech, I was saying that you didn't have second thoughts.

Do you take every setup that meets your rules or do you analyze a bit further than the 3 confluence factors?

As in the gold trade. I'm with you on the other trades, but I wouldn't go short on gold now, due to the very strong uptrend and also because when gold starts moving in one direction it moves that way till the end of the day (from my limited experience with gold).
I have just started with these rules and they are not the writing on the stone, they will develop further. So i can't tell you for sure now . (ask again after a month.lol)

As you can see that i am still having a lot of trades with these rules so i think something have to be done about it.

I am out at BE on gold and really happy about it now.

Gold was a conflicting trade with my other trades.

Got long on Dow PPZ + TL.
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  • #24
  • May 14, 2010 8:50am May 14, 2010 8:50am
Quoting nasir.khan
I have just started with these rules and they are not the writing on the stone, they will develop further. So i can't tell you for sure now . (ask again after a month.lol)

As you can see that i am still having a lot of trades with these rules so i think something have to be done about it.

I am out at BE on gold and really happy about it now.

Gold was a conflicting trade with my other trades.

Got long on Dow PPZ + TL.
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Stopped out on Dow, Oil, UC.

EU long. Divg+ PB + Monthly/Weekly PPZ's.

EJ long. BRN+ PB + 61.8 fib.
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  • #25
  • May 14, 2010 8:52am May 14, 2010 8:52am
Quoting nasir.khan
Yes.

I never experienced "fear" either if it's live or demo. Not saying it's a good thing but that's how it is.

Btw i did't took these decisions in blink of an eye.lol

I was eying these location since yesterday and you can see the intentions when i closed my shorts in post #17.
.
I've noticed that with your trades...you dont experience fear like I sometimes do...you've got great mental toughness to just pull trade the setup time after time after time
  • #26
  • May 14, 2010 8:54am May 14, 2010 8:54am
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  • #27
  • May 14, 2010 8:57am May 14, 2010 8:57am
Quoting lovejoy80
I've noticed that with your trades...you dont experience fear like I sometimes do...you've got great mental toughness to just pull trade the setup time after time after time
That's maybe I never traded a big account. I am really not sure that i'll be able to do that when my 1 pip will be worth 100$.

On the other hand i've blown accounts just cause of over trading you know, so i am not impressed much with this habit.
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  • #28
  • May 14, 2010 9:01am May 14, 2010 9:01am
Quoting nasir.khan
That's maybe I never traded a big account. I am really not sure that i'll be able to do that when my 1 pip will be worth 100$.

On the other hand i've blown accounts just cause of over trading you know, so i am not impressed much with this habit.
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Very true...but it would be a nice position to be in wouldn't it...'how do I overcome not thinking about the fact 1 pip = $100 when deciding when to take a trade'
  • #29
  • May 14, 2010 9:02am May 14, 2010 9:02am
Quoting nasir.khan
I was busy with the office work so did't got a chance to do this.

I broke my rules on GJ trade.

There is Divg and 61.8% but there is no third confluence factor. I pulled the trigger cause of Dow hitting the resistance and also a good setup on GU.

But rules are rules so i am not happy wimma self.
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Quoting nasir.khan

I am out at BE on gold and really happy about it now.

Gold was a conflicting trade with my other trades.

Got long on Dow PPZ + TL.
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Damn look at gold took me out at BE and ran away. lol
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  • #30
  • May 14, 2010 9:16am May 14, 2010 9:16am
Really wanna go Short (off the PPZ) at Gchf but it does't come under any of my rules so i'll just wait for the block hole (triangle).
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  • #31
  • May 15, 2010 2:17am May 15, 2010 2:17am
Can't believe that Hussey innings Nasir, fully expected Pakistan to win that. Have to say though bowling a spinner for the final over wasn't overly clever especially when all he was doing was drifting them in and sitting them up to be hit.
  • #32
  • May 15, 2010 5:24am May 15, 2010 5:24am
Hey buddy ,I wish you luck with your journal and hope that business will go fine for you.

all the best!!
  • #33
  • May 15, 2010 11:38am May 15, 2010 11:38am
Hi Nasir,

lot's of success with your journal and your trades.
If you do not mind I will jump in sometime and ask some questions.

Again all the best.
  • #34
  • May 16, 2010 2:35am May 16, 2010 2:35am
Quoting lovejoy80
Can't believe that Hussey innings Nasir, fully expected Pakistan to win that. Have to say though bowling a spinner for the final over wasn't overly clever especially when all he was doing was drifting them in and sitting them up to be hit.
Really don't wanna talk about cricket right now. It's been two days now but it hurts every time I think of it. Well I think bowling the spinner wasn't a bad choice he was doing a great job in previous games. There wasn't another good opyion available. I mean there was Razzaq but I would never have let him bowl the last over and if Afridi had gave that over to someone else can u how much everyone would bash him for not giving the over to the sppiner. lol

We really missed those yorkers of Gul, would've been a big difference that day.
  • #35
  • May 16, 2010 9:24am May 16, 2010 9:24am
Quoting nasir.khan
Really don't wanna talk about cricket right now. It's been two days now but it hurts every time I think of it. Well I think bowling the spinner wasn't a bad choice he was doing a great job in previous games. There wasn't another good opyion available. I mean there was Razzaq but I would never have let him bowl the last over and if Afridi had gave that over to someone else can u how much everyone would bash him for not giving the over to the sppiner. lol

We really missed those yorkers of Gul, would've been a big difference that day.
It's funny you mention yorkers as I've been thinking there has been a lack of them in the final overs in games....used to get bowlers bowling them all the time in the final few overs to stop batsmen scoring but now bowlers seem to favour a change of line and the slower ball than yorkers for some reason.
  • #36
  • May 16, 2010 10:51am May 16, 2010 10:51am
Quoting lovejoy80
It's funny you mention yorkers as I've been thinking there has been a lack of them in the final overs in games....used to get bowlers bowling them all the time in the final few overs to stop batsmen scoring but now bowlers seem to favour a change of line and the slower ball than yorkers for some reason.
Well you need a big heart to bowl them cause the margin of error gets minimal.

anyway England has started good. Feels good.lol
  • #37
  • May 16, 2010 11:11am May 16, 2010 11:11am
Quoting nasir.khan
Well you need a big heart to bowl them cause the margin of error gets minimal.

anyway England has started good. Feels good.lol
Yeah especially with the heavy bottom weighted bats that are now used...get the yorker wrong and it will disappear.

Very good start...but as we know this game can change at any time. Australia do seem quite tense in their batting though.
  • #38
  • May 16, 2010 1:11pm May 16, 2010 1:11pm
Quoting lovejoy80
Yeah especially with the heavy bottom weighted bats that are now used...get the yorker wrong and it will disappear.

Very good start...but as we know this game can change at any time. Australia do seem quite tense in their batting though.
Love this man KP no matter if he is scoring against us. lol
Ok England is near.
  • #39
  • May 16, 2010 1:26pm May 16, 2010 1:26pm
Quoting nasir.khan
Love this man KP no matter if he is scoring against us. lol
Ok England is near.
Very talented....oh no he just got out, but surely even we cant throw this away from here!

I think Pakistan showed that Australia's bowling is their weakness with watson a weak 5th bowler and England having a better all round varied bowling unit...plus the middle order power hitters cant play freakish innings every game lol!
  • #40
  • May 16, 2010 1:28pm May 16, 2010 1:28pm
Quoting lovejoy80
Very talented....oh no he just got out, but surely even we cant throw this away from here!

I think Pakistan showed that Australia's bowling is their weakness with watson a weak 5th bowler and England having a better all round varied bowling unit...plus the middle order power hitters cant plat freakish innings every game lol!
Oh what was that...young raw talent, but what's he doing giving himself space like that when we only need just over 4 an over...
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