Thought id do a little journal just to document my reults and see if i (or others) can spot any patterns in my results and maybe get some suggestions.
I am a LOSING trader!!
Been trying to learn for years and years. About 6 years. A few of them years have been 15 hour days everyday staring at the charts, and some of them years have been trading after working a 'real' job for 4-5 hours per night (im in the UK)
Im not 100% sure whether its possible, but i've put so much time into it that i'll probably NEVER give up, even if it means just trading the tiniest stakes possible so that at least not much further financial pain is possible.
Over the years ive seen a lots of people on forums who were thought of as being trading experts being 'found out' to be frauds. That didn't help my confidence in terms of this being a feasable way to make money. Its so easy to lie on the internet, and i sometimes wonder if anyone at all (other than those working for big firms who are privvy to special information) are actually making money.
Still, like i said, i'll maybe never know, so for now im just gonna keep plugging away.
I've had spells of success, but over time have lost lots of money ('LOTS' being relative. Its certainly a lot less money than some of the horror stories ive heard, although it's still a lot to me
)
I tend to just use support/reistance, candle formations. Dont really use indicators much.
I though i'd start the journal today as ive just downloaded ninatrader7.
Im back on sim at the moment after losing a good chunk of my account over the last week or so.
Today was great for me.
I dont know how i can do so good today, but i'll probably get killed tomorrow.
Im hoping there's a pattern somewhere which maybe this journal will help me spot.
I mainly look at oil and cable(6b).
Hers todays reults.
I tihnk im up about 100 ticks.
PS - Can anyone tell me why when i go to 'tradea' in 'acccount summary', my 6b and 6a trades show profit as '0'? Obviously that's not the case if you look at the entry and exit price.
cheers.
I am a LOSING trader!!
Been trying to learn for years and years. About 6 years. A few of them years have been 15 hour days everyday staring at the charts, and some of them years have been trading after working a 'real' job for 4-5 hours per night (im in the UK)
Im not 100% sure whether its possible, but i've put so much time into it that i'll probably NEVER give up, even if it means just trading the tiniest stakes possible so that at least not much further financial pain is possible.
Over the years ive seen a lots of people on forums who were thought of as being trading experts being 'found out' to be frauds. That didn't help my confidence in terms of this being a feasable way to make money. Its so easy to lie on the internet, and i sometimes wonder if anyone at all (other than those working for big firms who are privvy to special information) are actually making money.
Still, like i said, i'll maybe never know, so for now im just gonna keep plugging away.
I've had spells of success, but over time have lost lots of money ('LOTS' being relative. Its certainly a lot less money than some of the horror stories ive heard, although it's still a lot to me
)I tend to just use support/reistance, candle formations. Dont really use indicators much.
I though i'd start the journal today as ive just downloaded ninatrader7.
Im back on sim at the moment after losing a good chunk of my account over the last week or so.
Today was great for me.
I dont know how i can do so good today, but i'll probably get killed tomorrow.
Im hoping there's a pattern somewhere which maybe this journal will help me spot.
I mainly look at oil and cable(6b).
Hers todays reults.
I tihnk im up about 100 ticks.
PS - Can anyone tell me why when i go to 'tradea' in 'acccount summary', my 6b and 6a trades show profit as '0'? Obviously that's not the case if you look at the entry and exit price.
cheers.