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RISK management trade journal


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RISK management trade journal

  #21 (permalink)
Europe
 
 
Posts: 79 since Dec 2013
Thanks: 428 given, 150 received

Hi,
Yesterday i started again my new combine. The open was bullish, looking at the big movement made it in the previous day. News were driving price up, and in the open i was ready for to look at buyers in control. Far to that, buyers were acting with very poor actions. The open was really choppy, but was understable because the markets was trading in an unconfortable area. This type of movement gave me nervous and i take only one trade in the open.



The first trade was take looking at a potential momentum action. I saw a little interest to buy in the first bar and looking that no buyers were stepping up, i take the short down this buy interest, covering in the previous lows (first bar) and expecting the continuation. The market was trading choppy in this area and the expected movement was made it later in the day.



Results for today:





Areas of trading:

Observation: 10
Analysis: 10
Execution: 10
Management: 10



Today was my first day trading again the simulated combine. I was nervous and really feeling fear to begin this combine loosing. This is why looking at unlogical movements in the open i decided not trading more in the day. Fear is what was driving me to take this and i know that i need to control that.

Work for tomorrow:

Control fear and trade what i see. I need to remain trading objectively.


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  #22 (permalink)
Europe
 
 
Posts: 79 since Dec 2013
Thanks: 428 given, 150 received

Hi,

seems that today i have had a few lucky trades and my results were up than expected.



i wil start to think seriously in doing it in real. I will start a new one again , can't be possible to do it in the easy way that i'm doing it.

Let's see how many time the lucky will be with me....

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