Hello,
I don't know if it's the right place to post. Let me know if it is not.
The idea is to create a journal with my thoughts, ideas, trades, in all honesty. Feel very free to add your own deviations!
Pardon me if my english will be sometimes a bit, I'd say, disrupted. I am Canadian but english is not my first language. French is.
I developped interest for forex particularly in junuary of this year. Since then I'm filling my computer with word documents, screenshots. My desk is a mess. etc.
I am eating all the information I can. And now I must drop it somewhere else than everywhere in my room.
This journal is the perfect place.
I composed this out of the blue this morning (EST). I thought it was appropriate for a first post.
Stop biasing.
Evrything is in front of my eyes for me to see. There are trades that will go against me but thats OK. If I refuse to see things as they are I must admit I will never enter a decent trade. Im condemned if I think in terms of a single trade and I keep questionning myself about why it went wrong. I need to always stand on the shoulder of giants. This is : considering only my overall P/L for a decent period. A single trade is nothing! Of course its part of the wheel but really I cant count on a single trade. And I dont know which ones will pay. But some will pay for sure, and this is why I have to be in the market during those times of high probability. In accordance with Support/Resistance. All the while protecting my assets : S/L, appropriate leverage, Target, appropriate margin use, appropriate broker.
What I see this morning is what the charts are telling me : Moving averages , fibos , divergences, Highs & Lows, - : Supports and Resistances ; there is nothing more or less
TL;DR I never think in terms of a single trade. It opens my eyes on the way the market works/not in line with my calls on a % basis.
By the way I want to make it clear that I am not trying in any way to provide trading signals or any bs as such. Most of those trades I will take and place here I highly recommend to NOT follow. They are a newb's mind interpretation of the market. Not an interpretation you would want to follow.
I don't know if it's the right place to post. Let me know if it is not.
The idea is to create a journal with my thoughts, ideas, trades, in all honesty. Feel very free to add your own deviations!
Pardon me if my english will be sometimes a bit, I'd say, disrupted. I am Canadian but english is not my first language. French is.
I developped interest for forex particularly in junuary of this year. Since then I'm filling my computer with word documents, screenshots. My desk is a mess. etc.
I am eating all the information I can. And now I must drop it somewhere else than everywhere in my room.
This journal is the perfect place.
I composed this out of the blue this morning (EST). I thought it was appropriate for a first post.
Stop biasing.
Evrything is in front of my eyes for me to see. There are trades that will go against me but thats OK. If I refuse to see things as they are I must admit I will never enter a decent trade. Im condemned if I think in terms of a single trade and I keep questionning myself about why it went wrong. I need to always stand on the shoulder of giants. This is : considering only my overall P/L for a decent period. A single trade is nothing! Of course its part of the wheel but really I cant count on a single trade. And I dont know which ones will pay. But some will pay for sure, and this is why I have to be in the market during those times of high probability. In accordance with Support/Resistance. All the while protecting my assets : S/L, appropriate leverage, Target, appropriate margin use, appropriate broker.
What I see this morning is what the charts are telling me : Moving averages , fibos , divergences, Highs & Lows, - : Supports and Resistances ; there is nothing more or less
TL;DR I never think in terms of a single trade. It opens my eyes on the way the market works/not in line with my calls on a % basis.
By the way I want to make it clear that I am not trying in any way to provide trading signals or any bs as such. Most of those trades I will take and place here I highly recommend to NOT follow. They are a newb's mind interpretation of the market. Not an interpretation you would want to follow.
No tree, it is said, can grow to heaven unless its roots reach down to hell