Day 4 was done in two parts - this is part 1 which is slightly better than breakeven.

In his heart iqgod knew he was better than this and hence he came back at night to trade again:

Day 5 was good chart reading and good trade management but started off with a "scared" exit - actually a premature entry with a proper exit and hence the first trade was a loser. However the second trade, an IRB short was a correct read and hence I scaled in and walked away. (a FIRST!)

The result - the market hit my target and then reversed to the tick, and the day was a winner!



I noted that liqudity was not good earlier and stop hunting was rampant as the market moved in volatile swings, which reinforces not trading on holidays.

This day could have been better. As @PandaWarrior succintly puts it, this is a game where constant improvement is the norm: The "sun rising over my improving trading" phenomenon.

Day six saw iqgod badly messing up on a range break trade where he "knew" he should be mainlining discipline and going short as the range broke but instead he went long with a sly look in his eyes "aha, the market's gonna fool all the shorts and then run up".

Lesson: Trade what you see and what you have been anticipating. The market is as intellectual as a fist fight.



The crossed out sell arrow represents a "trade not taken".

While day 7 was a small winner, the mistake that happened was that I entered early and got so exhausted by chop that I was getting out "with relief" where I knew I should be adding on or atleast waiting to simply collect the money that was due to me. Good sense did not prevail and I watched the chart BVP200 go from 13570 to 13580 as expected but I was flat long ago.

The story repeated itself on Day 8.

The chart of 6E below shows a block break to the upside but I was in early "anticipating" it and because I had no confirmation BVP115 I was out of breath and glad to exit as the market took off at the REAL entry point and I exited where I would have otherwise gotten in.

This flaw has now been presented twice in no uncertain terms (a benefit of journaling).