Gejordan Weekly Journal

you likely already know this and feel this way about this EU, but not a very good effort and not very good recognition of what was going on. I mention this now because I can see good effort and recognition in today's EJ. The good about this is your ability to come back after the down day and self correct.

clear split, good tp1

Got clear
1 trade - EU short
TP1 & 2

Got clear
1 trade - EU short
TP1 & 2

good job guys

Got clear
1 trade - GJ short
2 entries
TP1 & B/E, TP1 & -5

a couple of trading days left in the month. I believe both guys are profitable on the month. Tough month for trading so good job navigating. even with a bad decision or two, both stuck with the plan, followed the chart and are coming out profitable. I'll try to link up with you guys and do a call in the next week.

Everyone else dropping in... these guys are doing a few things I think we should all think about:
1. They journal during the trading week - they acknowledge their feelings about anything and everything going on so they don't bring that baggage into their trading days.
2. They have a set plan each day and execute that plan - They do the same analysis every day.
3. They execute on only a few pairs - too many pairs can be distracting and more pairs doesn't always mean more money made.
4. They keep it simple - a box and an occasional horizontal line... its all they need. Awareness in the moment is what you need most, not an array of indicators.

Also, let's not forget this is Project Pip now, so let's update on that....

I think we last left off at Mikepip taking wildly different risk on each trade and defining success or failure after the fact. He needed to move success and failure to earlier in his process. Success and failure doesn't occur in the trade result.. the trade will do what it does. Success and failure occurs before the trade and up to the point you hit the button. Success or failure for mikepip are things like... knowing his emotions before he trades, doing the same analysis every day, knowing his boundaries and expectations based on his trading session, awareness of risk pre-trade,knowing why a trade is a good candidate for his money, etc.

All of that is pre-trade. Your ability to be profitable has less to do with hitting the button than arriving at hitting the button with everything in order. Success or failure happens pre-trade, not post trade. As you have hopefully noticed, as Mikepip has reordered his thinking, the results are happening. At this point, he can just do what he is doing for the rest of his life and be profitable... but can he do that? To this point he hasn't been able to, when I leave, he gets crazy. So we still need time to see if mikepip has settled in or to see if there is more to discover. As an aside, Tadeusz is doing the same thing and also having excellent results. Just my way of illustrating what ails Mikepip ails more than just mikepip. And what cures mikepip, cures more than just mikepip.

awesome post.....man on fire!

Thanks for the great posts G! Yes having a pretty good profitable month after a bumpy start.
The more we focus on following those steps, the less emotions seem to get in the way.
Also, daily journaling about being patient enough to wait for clear setups has been helpful in preventing high risk entries.

Got clear
1 trade - GJ short

Got clear
EU long
TP1 & 2

good job finishing strong

Got clear
1 trade - GU long
TP 1 & 2

looks like an inadequate tp1... was it?

It was 8. Yes I have begun getting on myself about my first and second profits.