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flattened all 81 shorts @ 1395 for now to see what sets up 79k profit
but the big stupid was the 1048 shorts i dumped at 2 points -if i would have let them run it would have been 800k at the same level -but there are always more trades coming-
In the spirit of our March Trading Journal contest, I am asking everyone to spend a few minutes and share their journaling experience.
A) What are the top five benefits you have seen as a result of regularly posting in this journal?
B) What are the top five problem areas you have identified as a result of regularly posting in this journal?
C) Were you initially reluctant to start this trading journal? If yes, why?
D) How do you feel, overall, about your journaling experience?
E) Would you recommend to others that they should also start a trading journal?
Thank you for taking the time to answer my questions. I appreciate your posts, and I hope you have benefited from your journal. I also know that others will benefit as well, just by reading about your own experiences.
A- 1-seeing the evil that is inside of all of us when it comes to wanting to be correct-
2-long term affect of posting calls in adavance for good quality moves
3-that there are more than 1 way to catch a fox -its not 1 way that works for all
4-systems of the past that have succeeded or failed can be more atributed to successful or poor timing
5-happy to find this site to do this
B- 1- not enough constructive verbage from others
2- my serious lack of computer knowledge -when it come to posting screen shots
3- my lack of interest in putting the time in to learn these things
4/5 unknown at this time
C- no -tried on another site in the past -and was up over 200% in just a few weeks and the post was disrupted
by a jackle -
D- i plan to continue -as with several different trading styles that i use -the calls can be quite different each 20 day period or so
E- FEAR of public failure is the #1 reason why most dont in my opinion -and thats the #1 reason they should -a journal forces you to slow down -just check the grammer and punctuation in this journal and you can see i suck at english -heck i am typing with 1 finger for goodness sake -you have no idea how many words my wife helped me spill fir dis pust --also as we near the birthday of the the worlds best trading teacher - Mr Loof Lirpa from germany -who has taught me more than anyone else about the trading world -happy birthday tommorrow -i use your spirit in every trade i call