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it used to happen to me also. this is because any strategy that is valid will be valid in all time frames and most of the time they will be giving conflicting signals. for those who understand this this is huge opportunity because you can use one time frame to get an advantageous entry into...

another good thing i noticed recently is trying to see on which side of a moving average the market spends more time [bars] on.if any.

yes also trying to document why i took the trade.this is easier said than done because trading may be subjective but this is the very reason i am trying to do it. because whether the trade is winner or loser i get so caught up in the emotional side that i do not have a clue why i did what i...

sorry i actually meant to say 'reasons'

thanks for commenting. i am not qualified to give advice. in trading you do not have to be accountable to anyone else and that is a problem: there is tendency to do stupid things. so having a public journal is helpful towards that end.

though brooks usd only one time frame and one security i think it has helped me to see a longer time frame as well as trade multiple securities

it really does not matter whether the trades work or not....make sure there are reasons good technical reasons for it.then in the long run it will work out

eventually it will. because you are going to get criticized and that is the best thing. also most of the journals i have seen are just a record of trades -that you can get from a statement. you have to state the reasons for the trade and record them for your own record. then it is useful. if...

damn right every problem comes with a solution but the solution is not liked

just becase something is taught does not mean people will follow it:it is never easy. we are taught to healthy have exercise but how many do it.....95% fail in following good advice and that is why 95% fail in trading or in being successful at anything taught 1% learning 99% there are some...

i would strongly disagree with this if you have not found value in his first book then you have not read it properly. i too did not read it properly and when i started rereading it again after 7-8 years it was like a revelation. it is possible that i did not appreciate it because i had no...

that is more because they did not understand what trading is about. and probably by being very unrealistic about what is possible with trading. it is possible to make a living but it is highly unlikely that trading will make you stinking rich

i do take money-a little money- from the market like many others. but i know that it is not possible to make a lot of money simply because someone has to lose a lot of money, which is very unlikely.

you have the right mentality for this cut throat game this a game of patience and commitment which has to be supported by market know ledge if not the market will always shake you out

and a woman became a millionaire by forming a company that walked dogs...

i felt that way too in the beginning.....but after 10 years when i reread the book for some reason i understood it perfectly. trading is subjective and hard. it took me 10 years to make some sense out of it. but it takes 10 years to become a doctor or a President or anything worth while. if you...

i think all traders have that bitter experience at some time or other:D a day trade becomes a 5 year 'investment'

that is a brilliant sugesstion i invested for 10 years before i leveraged. it does give you an idea what markets may, can and does do

cure for illness is more medicine but ultimately it is the medicine that kills the patient.....no one can predict when that will happen. but when it comes, everything will eventually fall even gold because it is liquidity that drives prices. Also do not forget that, if stocks and bonds crash...