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    Yukoner's Psychological Trading Journal

    Day #7 - woke up, felt good... actually felt really good about what I've learned over the last week. Reminded myself that there is brain habits in place, and so I need to stay focused on doing the correct trading. It isn't about whether I win or lose, it is about doing the correct trading with...
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    Yukoner's Psychological Trading Journal

    So what I discovered about myself today is this: In a nutshell, I am valuing my trading as being bad or good based on how I am living. "How can you possibly allow yourself to be successful in trading if you are doing this wrong and terrible thing." For the record, I'm not doing any "wrong and...
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    Yukoner's Psychological Trading Journal

    @wrbtrader, thanks for the constructive feedback! 1) The home is recent, and the desk is new, so still getting a good feel for it. Now have a gel mouse pad with wrist support and a new mouse. 2) I have two teenage sons who live with me, so they wake up in the morning to go to school and are...
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    Yukoner's Psychological Trading Journal

    Day #6 - This has been by far the most interesting and revealing day about myself. Trying very hard to be aware of the emotions I am feeling prior to trading. Early this morning I have some music going, feeling good about the day, and thinking positive... and this little voice hits me, and I...
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    Yukoner's Psychological Trading Journal

    Sunday night review: Went back and reviewed every trade that I journaled last week. It was interesting, and I could see that I was consistently closing out winners much too early. Often I was right at the beginning of a larger move, so most likely my profit targets would have been hit. That...
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    Yukoner's Psychological Trading Journal

    I'll have to disagree with you on both points. I do have a very valid strategy with an edge and solid expectancy. Read the previous posts, and you will see. I know exactly where I am... I am on a journey to trading OPM. I'm not there yet, but I am going there... and I will be there sooner...
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    Yukoner's Psychological Trading Journal

    @Pita , Thanks for the comment. I am in this for the journey, not the thrill. As I strengthen my resiliency as a trader, then the money will follow. The emotional side, I am really glad I am aware of, as it is trying to tell me something... trying to teach me something.... and if I listen, I...
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    Yukoner's Psychological Trading Journal

    Week #1 - screen shot of combine. Shows as a 10 day, but that is an error in my dashboard, confirmed it is a continuous combine. All in all, it has been a positive week, I have learned a lot about myself and my trading.
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    Yukoner's Psychological Trading Journal

    Day #5 - Started my day off reminding myself about breathing, and about trying to let my winners work. I started the day off contributing ticks, and that was frustrating as I was seeing the market... but either I was missing the entry fills, or I would get in but no real follow through. Then I...
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    Yukoner's Psychological Trading Journal

    Thanks @NoDoji I appreciate the feedback. I was thinking this weekend, when I review all my trades this week I will also tally up the result if I had simply placed orders with stops and take profits and never touched it after that. Thought that would be an interesting exercise. I like that...
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    Yukoner's Psychological Trading Journal

    On the mechanics of my trading, let me throw a few things out there: I am only trading one contract, even though in this combine I can trade up to 5 contracts. However, I will add to a winning trade with another contract, but only if my original $$ risked can stay close to the same as with one...
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    Yukoner's Psychological Trading Journal

    Day #4 - Woke up this morning with texts from my X... I saw a "drinking wine and reading" and seeing how they came in after midnight, figured I probably don't want to read any of this prior to trading today. Just let it go, leave it alone... stay focused on your trading this morning. That was a...
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    Yukoner's Psychological Trading Journal

    Relaxed now, and it is evening. I've done my review of today's trades and shortly will do my prep for tomorrow... and then a walk on the waterfront to unwind. (Grabbing my 30 mins plus of recharging my mental capital). However in thinking about the day, I remembered something about having a...
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    Yukoner's Psychological Trading Journal

    Day #3 Woke up feeling good, and positive. Reminded myself not to be cocky or arrogant. Took my time getting ready and focused on staying relaxed and ready to trade. Stuck with my routine and turned the computer on ready to trade. I took a few trades, but still jittery. It was cautious...
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    Yukoner's Psychological Trading Journal

    My stops depend on market structure. However, my default settings on T4 are 14 tick stop and 30 tick take profit.
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    Yukoner's Psychological Trading Journal

    Day #2 - Woke up and actually felt a bit fearful of trading today. That nagging voice, you might lose today. I know now that is a natural reaction of my brain to uncertainity, and so I reminded myself that I was in control of a lot of things. How much I risk. When I stop trading. And after...
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    Yukoner's Psychological Trading Journal

    Not long term... and I agree, that was a mistake. Adjusting that stop to lock in 10 ticks was simply done to make me feel better... felt good to get ahead for the day, and lock in some profit. However, it was the wrong thing to do. Trading isn't about doing what makes us feel good. I also...
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    Yukoner's Psychological Trading Journal

    Day #1 - took my time getting into the day, making sure I felt prepared, etc. But the first trade I put on, and I felt the adrenaline hit me. My hands were shaking. I started breathing, breathing trying to calm the brain down... and that definitely helped. Got up and walked around a little...
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    Psychological Trading Journal

    Here is the link... http://www.elitetrader.com/et/index.php?threads/yukoners-psychological-trading-journal.287520/
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    Yukoner's Psychological Trading Journal

    So its November, and I am ready to trade. Here is my psychological strategy: I heard Bob Iacinno say something to this effect, "In trading, if you make your strategy clear enough it takes care of a lot of the psychological challenges" That really resonated with me, and is something that I now...
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