This is my trading journal. The purpose is simple: to keeping it real for me.
What I do:
- I day trade the ES based on Price Action
- I employ a basic system informed by the day's price action. My trades are thus discretionary.
My background:
- Been interested and attempted trading for over 10 years
- Since about a year ago, I started trading full time
- My strategy last year worked great for a few months until it didn't. As a result, I have improved it to the current version 2.0 which is being tested and refined in sim
Why I trade:
- I like it. It's interesting to me.
- It is challenging work. It requires both intelligence and mental fortitude.
- The setup and lifestyle suit my temperament
My strengths:
- I think I am fairly knowledgeable about PA, though there's always much more to learn
- I am observant, dedicated and excellent at learning
My weaknesses:
- Mostly mental. Specifically, I hate a predilection for countertrend view. Stubbornness is sometimes confused as perseverance in my mind. My partial mechanical system is helping me though I still have ways to go.
- I can be impulsive, impatient especially when bored. Becoming more aware.
Goals:
- My immediate goal is to become consistently profitable in sim over the next three months before going live. I have been simming for about a month. Good results. Still some ways to go.
- My overall goal is to be a consistently profitable day trader.