A Trade per Day - My Daily Journal

Hi, I'm Ziga.

I started this journal to document my journey as I learn how to trade using price action.

My plan is to focus exclusively on learning from Al Brooks' material and write everything I learn right here. I'll try my best to do it in a clear, concise and easy to understand manner. Hopefully this will prove useful to you as well.

I will also use this thread as a mechanism to hold myself accountable.

Join me on this journey to becoming a better trader. You can also follow this journal on my blog at http://www.atradeperday.com.

Have a nice day!

good luck

Today I Learned - 2016-04-11

First post, short and sweet.

My goal with trading is not make a lot of money.

Instead, my goal with trading is to make good decisions and become a better trader.

Source: Al Brooks – Brooks Trading Course.

(Note: I originally published this post on my blog here: http://www.atradeperday.com/my-goal-with-trading/)

Today I Learned - 2016-04-12

A trading setup is composed of two things:

1. Signal: a bar or collection of bars a candlestick pattern
2. Context: all of the bars to the left

Of these two, context is far more important than the signal. A perfect signal in the wrong context will consistently lose money.

Source: Al Brooks How to Trade Price Action Manual

(Longer version of this post on my blog)