Decided to start keep an electronic journal so i can visualised my charts. This is a journal that is similar to the one i keep physcially. It is purely for my own personal consumption only.
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Dec 2007
another confusing period from Beginning of Aug -Oct. I was feeling restless then. Before that i was focsing on 4hr charts based on Philips 4hr method. I do have good results combining his method and PA. From him i learnt more abt "market emotion" esp on uses of MAs and good trading advises.
However maybe the market changed or i changed... i started to miss out the signals after signals. The signals happened during my work hrs or when i am asleep. I started to feel restless. I started entering trades recklessly and the results suffered. No surprises there. And yes it live acct.
Feels sucky then. And its been just over a yr since i stumbled upon FX thru' a friend recommendation ("make $$$ with min invest! Stop investing in stocks!")
So i stopped trading live and was lost for awhile. I reflected and realised my best results comes from PA. So i clean up my charts again and refocuses back on PA and using Fozzy/4hrMACD at times to chk on a trade. The confidence is still lacking...but i intend to build it up again as only trading live can help me with tt.
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Main Method: Naked Trading
Minor method: Philips Nel 4hrMACD (enourmous gratitude) /Fozzy (Used at times)
SL: usually 25-80pips (depends)
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Dec 2007
another confusing period from Beginning of Aug -Oct. I was feeling restless then. Before that i was focsing on 4hr charts based on Philips 4hr method. I do have good results combining his method and PA. From him i learnt more abt "market emotion" esp on uses of MAs and good trading advises.
However maybe the market changed or i changed... i started to miss out the signals after signals. The signals happened during my work hrs or when i am asleep. I started to feel restless. I started entering trades recklessly and the results suffered. No surprises there. And yes it live acct.
Feels sucky then. And its been just over a yr since i stumbled upon FX thru' a friend recommendation ("make $$$ with min invest! Stop investing in stocks!")
So i stopped trading live and was lost for awhile. I reflected and realised my best results comes from PA. So i clean up my charts again and refocuses back on PA and using Fozzy/4hrMACD at times to chk on a trade. The confidence is still lacking...but i intend to build it up again as only trading live can help me with tt.
***************************************************************************
Main Method: Naked Trading
Minor method: Philips Nel 4hrMACD (enourmous gratitude) /Fozzy (Used at times)
SL: usually 25-80pips (depends)