Hello together!
i am an engineer from germany and started trading the us market after my work.
i habe a buy and hold stock depot and started apart of that with trading.
i made every mistake beginners made and lost almost 30K.
Mistakes i made an i already know:
1. no trading plan
2. no risk-money management
3. my lotsize ist too big
4. i have no system
5. i am my biggest enemy and react selfdestructive.
I want to change that and i will start from scratch again.
I start this journal after joining that forum and reading about others with almost equal problems.
i want to grow psychological , as human....and i want to get a skilled trader.
i want to get rid of my psychological deficits and my selfdestructiv behvior and my fear of getting very successful
i have no problem to learn...and i love to work hard for my target.
I will use this journal for mirroring myself.
if anyone read this and has some tips and other views...that would be great. i thank everyone for information and education.
i will watch all the webinars and i am still searching my way.
at the moment i traded the ES / YM /NQ....
i have 2 short contract open at the moment over the weekend. one short: YM 25350...and one NQ at 7380.
i am not quit sure if i close them on monday or if i have to wait...as you can see...i have no system until now.
:ahhhhh:
i know that its not the tool, but for completing the introduction: i use NT8 (already thinking Sierrachart would be better) with the kinetick feed and IB is my Broker.