I thought I would post my journal to make me more accountable also. The journal layout is the actual digital journal format that I keep. I started out with some very detailed journals and have whittled it down to this. It works for me maybe it will help some of you if you are having trouble coming up with your own journal.
I also keep a detailed journal on a spreadsheet that I use to keep track of each strategy which I use to review at the end of the week for performance and trouble shooting (mostly the latter lately...unfortunately!! )
The screenshots with notes and journal notes are all on the attachment.
P.S. I changed my grade concerning focus from a B to a F after reading it over again. Lack of focus was definitely there!
Last edited by NMTrader; July 7th, 2009 at 07:46 PM.
The following 2 users say Thank You to NMTrader for this post:
5 trades 0 losses for a total of 12 handles! I had a good day today. I guess the course with The disciplined Trader has come through again by going though a few of their mental exercises last evening and this am before the market. Rest of details on the attachements.
The following 3 users say Thank You to NMTrader for this post:
I really like the "Journaling Notes" section of your Word doc. Excellent!!
Now just make sure that when you have a day when things aren't going so well that you recognize it and either stop for the day or take a break, etc, don't lose that focus!
Great work man.
Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.
Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
If you want to support our community, become an Elite Member.
Thanks for posting your journal! This is of help to me.
I'm testing EOTpro indicators right now, also.
Can you post a screenshot of your settings for the billschoparrows? On my 4 range chart, I've got a lot more arrows than you show on your chart which can be distracting. I use Ninja instead of multi-charts but that shouldn't affect the # of arrows...at least not by much.
Tomorrow, after market close, I'll post something in my journal on this forum and you can see my EOTpro charts for ES.
I almost didn't trade today since I did not get much sleep last night. A little over 3 hrs is all. Don't know the reason why but that's okay. I will probably not have any trouble tonight?
Very low volume and movement today. Would have been a good day for speed trading but I'm a little out of practice but something to consider later during the next few weeks of summer.
Simple rule for a day like today. "One loss and your out!" 2 trades= 2 winners! 4 handles gross for the day. As I mentioned in my journal entry for today....a little money is better than losing money!!
The following user says Thank You to NMTrader for this post:
I went ahead and took a screen shot of the settings for Bill's Choppometer indicator settings. I'm sure I didn't change any of the settings from the original but thought it would be a good idea to send it to you just in case.
One of those days..No Focus, No Plan Parameter met and absolutely no risk management discipline...above all wrong emotional state of mind....So why did I trade today is the big question I am asking myself. Back to the drawing board!
BTW, I was so upset at myself that I forgot to take screen shots of them along with saving them. (Subconscience you think?) But here is the journal.