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Gdansk, Poland
Experience: Beginner
Platform: NinjaTrader + Jigsaw
Broker: AMP/CQG
Trading: US Treasuries
Posts: 25 since Jul 2012
Thanks Given: 21
Thanks Received: 18
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So I did the first week of sim trading and it was so-so, had 2 winning and 3 losing days, with one of the losing days being a total flop. I averaged about 10-15 trades a day (in 2-3 hours), so bit of overtrading there as expected, but getting better.
My main issue seems to be the trades, when one just off the bat starts with 2-3 ticks against me. I seem to manage such a trade very badly, just wishful thinking for it to go back to at least break even.. such a standard :P If it starts going against me not-instantly then it is ok, as I don't know.. I have time to react mentally?
But in all it feels ok, especially when I do not overtrade and only take the best spots (hm.. spots are in poker, I think I mean setups  ). Then I feel the edge being there than, I understand why it is there and I am satisfied with my execution no matter what the result loss or win.
On a bit different topic - I seem to have little motivation to keep this journal going, even on just a weekly basis. I was supposed to do last week's update on the weekend, then yesterday pre-market, than today pre-market.. you can see the pattern I think it might be the problem with order flow trading. With standard trading one can include a screenshot with some fancy lines/indicators/etc and show what trade was taken. With no-charts order flow trading one can't do any such thing. So it almost seems like I'm trying to do some random writing about emotional states, more than about actual trading (on the other hand, that's a very big part of trading, ain't it :P?)
Anyway I decided to drop any regular updating and only decide to write something if I feel like it. This might mean that the journal actually died right now, but I promise to write a post if something substantial happens (I go live, I become a millionaire, I go broke and give up trading at all, etc), so this little story has some closure
As I said order flow is tough to put into journal summary posts, but if there are out there any trades trying to learn order flow like I am (be it from Jigsaw, NoBS or any other source), feel free to send me a PM and we can chat/skype.
Till somewhen.
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