jasinhbca's quest for discipline, knowledge & profits

Traded the plan today. :)

One thing I noticed today was that I remember when I would look at set ups and then have an internal dialog debating whether I should get in now or wait or is this area a reason to avoid the trade etc. Exhausting and missed moves. I'm pulling the trigger well now without overthinking and second guessing. Part of it I think comes from being OK with being 'wrong'. Wrong being not just losing but misreading the PA and taking a borderline valid trade. I accept that happens but more importantly I know that i can't predict and anything can happen. If it's my set up or damn close I'll take it. Mostly; still not perfect.

Trades today were going MFE 10+ then coming back for small loses. Thought about the early exit but held despite the S/R areas that suggested OK to exit. So that brings up I believe my targets were too optimistic given conditions. It's something i'll have to explore in the future but didn't want to change during the session. Plus CL is volatile enough that those S/R areas often get blasted through.

====

I'm done trading until mid -April due to my 'real' work. Already feeling behind.

This past year has been very good in my progress of understanding my set ups better than ever, my trade management is vastly improved and my discipline and letting go to give trade time to work is greatly improved as well. Upon my return i'll be working on getting my mental state solidly to the next level.

I'll still be here lurking on ET and looking forward to reading the great progress Slugar, Jsmacksem, and Yukoner will be making as well as the great advice they'll be getting from my favorite ET'ers. (JMHO, I'd like to see bonscott posting to his journal more too.)

Good trading to all my trader friends !

jas
See you in April jas
 
Easing back in to trading this week. Reviewed trading plan and charts this weekend. Easing back in to waking up earlier, easing back in to journaling and taking trades. I've been eager to get back to trading which means to me 'go slow !'. Be sure I understand my plan and come back focused, patient & unemotional.

Still have tax and other work to finish but thinking next week can begin trading full sessions.

Looking forward to hanging out with my trader friends again !

Took 1 SIM trade, +23.

jas
 

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  • CL 06-15 (1 Min)  4_20_2015 SIM trade.jpg
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Easing back in to trading this week. Reviewed trading plan and charts this weekend. Easing back in to waking up earlier, easing back in to journaling and taking trades. I've been eager to get back to trading which means to me 'go slow !'. Be sure I understand my plan and come back focused, patient & unemotional.

Still have tax and other work to finish but thinking next week can begin trading full sessions.

Looking forward to hanging out with my trader friends again !

Took 1 SIM trade, +23.

jas
guess who's back.

back again.

Good to see ya.

-JS
 
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