jasinhbca's quest for discipline, knowledge & profits
- Thread starter jas_in_hbca
- Start date
Not feeling it today. A little unfocused.
3 trades executed very well except for last trade when I started playing with my target. I did get 19 instead of 15 but too much moving target around is not a good sign. Stopped trading after that. Mostly because I was unfocused and entering a possible congestion area.
I like my overall patience and patience in the trades. I like my entries and that I didn't force anything . Including trading more. Certainly it's easy to quit after banking a bit.
Coming back at it better rested and focused tomorrow.
+26 ticks
3 trades executed very well except for last trade when I started playing with my target. I did get 19 instead of 15 but too much moving target around is not a good sign. Stopped trading after that. Mostly because I was unfocused and entering a possible congestion area.
I like my overall patience and patience in the trades. I like my entries and that I didn't force anything . Including trading more. Certainly it's easy to quit after banking a bit.
Coming back at it better rested and focused tomorrow.
+26 ticks
discipline - applied consistently
=================================
Recall;
Not looking for perfection - absolutely none of us are
Goal is = consistent..., discipline
RN
Another thought;
There no doubt this gig is a grind
Gotta get up -> day after day - week..., month..., year - over week..., month..., year - with the same mindset / preparation / patience
It is what it is - but sure makes the weekend / vacations precious
==================
Aside;
Well hell J - we have one more day of our little two week loop breaker
I trust you're liking the results..., I also trust you're beginning to know..., rather than believe
(think / believe / know - stages of progression)
I have a bit of homework for you tomorrow EOD..., and a couple of questions
btw - personally these last two weeks have made my heart smile
RN
T-up for tomorrow
====================
Not looking for perfection - absolutely none of us are
Goal is = consistent..., discipline
=======================
Day 1 results = Plan executed well
Day 2 results = 1 impulse trade / one mismanaged exit
Day 3 results = 1 mistake bringing stop up too tight / Overall executed well
(may have been better off just trading one market)
Day 4 results = Good focus and discipline today / held a couple longer than I like BUT that's good / properly held through normal pullback/ consolidations
Day 5 results = Traded with extreme patience / no longer concerned about making "X" / focused on patience, taking valid set ups and managing properly / 4 trades managed perfectly / Last trade took BE exit but should have given a bit more room / Overall, it was a job well done / esp. for a Monday.
Day 6 results = am I objectively grading myself = I reviewed my trades and they're all valid. / was I trading properly = Yes. / I refocused and was patient / wide choppy range which I stayed out of / Good job today. / Good job pulling the trigger / rather than trade tired I opt get a later start / Today I could see, based on the large move down, that there would likely be some good opportunities. (paraphrasing = read the mkt well / stayed in tune with it) /My actions were solid and I adapted to market conditions.
Day 7 results = solid day / held through those little pullbacks / I realized the PB were normal / Not as tense / I've learned how to stay calm / took a break because I realized out of my preferred mental state. / Got myself properly patient and focused. / A good day.
Day 8 results = Not feeling it today. A little unfocused. (neither good nor bad - just how it was ..., you acknowledged it / worked through it) / 3 trades executed very well / last trade I started playing with my target. / too much moving target around / Stopped trading after that. because I was unfocused / didn't force anything . Including trading more.
Any reason you can't repeat day 5, 6, 7 & mostly 8's mentality / approach / discipline / patience = No
An observation -> EOW and you're getting tired - it happens (this more effort ..., over a longer time period - than you've done before )
=======================
Day 9 / 9 (we're on a two week goal of consistency)
Let's do our job today
Early on as possible - identify the environment - on your TTF (chop / range/ trend) and trade within it - and keep on it like stink on shit
Nothing fancy (made up)..., no BS - iow stick to each plan
===============================
jas_in_hbca said:
The disappointment at the end of the day when seeing needless losses because of my poor discipline can be like daggers.
I don't like being disappointed in myself EOD.
"jasinhbca's quest for discipline,"
=================================
Get some rest / Come prepared
Time to end this insidious weekly loop
See Ya in the morning
RN
====================
Not looking for perfection - absolutely none of us are
Goal is = consistent..., discipline
=======================
Day 1 results = Plan executed well
Day 2 results = 1 impulse trade / one mismanaged exit
Day 3 results = 1 mistake bringing stop up too tight / Overall executed well
(may have been better off just trading one market)
Day 4 results = Good focus and discipline today / held a couple longer than I like BUT that's good / properly held through normal pullback/ consolidations
Day 5 results = Traded with extreme patience / no longer concerned about making "X" / focused on patience, taking valid set ups and managing properly / 4 trades managed perfectly / Last trade took BE exit but should have given a bit more room / Overall, it was a job well done / esp. for a Monday.
Day 6 results = am I objectively grading myself = I reviewed my trades and they're all valid. / was I trading properly = Yes. / I refocused and was patient / wide choppy range which I stayed out of / Good job today. / Good job pulling the trigger / rather than trade tired I opt get a later start / Today I could see, based on the large move down, that there would likely be some good opportunities. (paraphrasing = read the mkt well / stayed in tune with it) /My actions were solid and I adapted to market conditions.
Day 7 results = solid day / held through those little pullbacks / I realized the PB were normal / Not as tense / I've learned how to stay calm / took a break because I realized out of my preferred mental state. / Got myself properly patient and focused. / A good day.
Day 8 results = Not feeling it today. A little unfocused. (neither good nor bad - just how it was ..., you acknowledged it / worked through it) / 3 trades executed very well / last trade I started playing with my target. / too much moving target around / Stopped trading after that. because I was unfocused / didn't force anything . Including trading more.
Any reason you can't repeat day 5, 6, 7 & mostly 8's mentality / approach / discipline / patience = No
An observation -> EOW and you're getting tired - it happens (this more effort ..., over a longer time period - than you've done before
)=======================
Day 9 / 9 (we're on a two week goal of consistency)
Let's do our job today
Early on as possible - identify the environment - on your TTF (chop / range/ trend) and trade within it - and keep on it like stink on shit
Nothing fancy (made up)..., no BS - iow stick to each plan
===============================
jas_in_hbca said:
The disappointment at the end of the day when seeing needless losses because of my poor discipline can be like daggers.
I don't like being disappointed in myself EOD.
"jasinhbca's quest for discipline,"
=================================
Get some rest / Come prepared
Time to end this insidious weekly loop
See Ya in the morning
RN
More homework, cool.
Good trading to you today RN !
Good trading to you today RN !
What? Of course I work hard at being perfect and many might contend I am perfect a-hold holding my hand up high. Be that as it may, have both hands up, it Friday and I am pooped. In trading, I actually do try to have perfect no mistake trading and on occasion it happens, but stress makes that very hard. Automation way to go.
For those who lean on side Trend is your friend, it didn't look that way in Nasdaq, more of a beat up and chew out, but I am not much of trend trader in a product that was designed to hedge. I mainly trade ES cause better size can be done, these are trades I saw and took what I had time.
Three simple entries, Triple Tops/Bottoms, SMA retracement and BB failures. Risking $115 and trying to get $100
Attachments
Sort of a mixed day. A good test for maintaining proper state of mind. In that regard I passed but there were mistakes today.
My first trade was executed perfectly and I thought uh-oh my ego just let loose a big grin. But I got refocused. My third trade I got nervous holding and rationalized exiting at the pause at resistance. It felt like an emotional exit (+10) to remove the uncertainty of holding. Reminded myself to trade so there are no regrets. Took some breaks, had some losses, stayed calm. Reminded myself to focus on the set ups and not trying to make money. Took another early exit again at a level that appeared it could hold.
Not my best trading (early exits) but my mental recovery was pretty darn good. I would not say I failed today but I do expect better.
+25 ticks today
This was my best week ever. + 160 CL ticks + 13.75 NQ pts I'm pleased but not euphoric. Feeling satisfied, like I did my job well this week. That feels good to write. I'll celebrate /reflect more over cocktails tonight
First trade attached and PnL's. CL PnL does not include the 29 ticks from when I traded at home Wednesday
We did good RN. Thanks !
My first trade was executed perfectly and I thought uh-oh my ego just let loose a big grin. But I got refocused. My third trade I got nervous holding and rationalized exiting at the pause at resistance. It felt like an emotional exit (+10) to remove the uncertainty of holding. Reminded myself to trade so there are no regrets. Took some breaks, had some losses, stayed calm. Reminded myself to focus on the set ups and not trying to make money. Took another early exit again at a level that appeared it could hold.
Not my best trading (early exits) but my mental recovery was pretty darn good. I would not say I failed today but I do expect better.
+25 ticks today
This was my best week ever. + 160 CL ticks + 13.75 NQ pts I'm pleased but not euphoric. Feeling satisfied, like I did my job well this week. That feels good to write. I'll celebrate /reflect more over cocktails tonight
First trade attached and PnL's. CL PnL does not include the 29 ticks from when I traded at home Wednesday
We did good RN. Thanks !
Attachments
That was excellent entry near lows. Swing high at 7:08 to lows was bit more than what I have as average swing, so was expecting that reversal to come in as well, but I only go 10 ticks on all, was hoping it take off for 50 at that time.Sort of a mixed day. A good test for maintaining proper state of mind. In that regard I passed but there were mistakes today.
My first trade was executed perfectly and I thought uh-oh my ego just let loose a big grin. But I got refocused. My third trade I got nervous holding and rationalized exiting at the pause at resistance. It felt like an emotional exit (+10) to remove the uncertainty of holding. Reminded myself to trade so there are no regrets. Took some breaks, had some losses, stayed calm. Reminded myself to focus on the set ups and not trying to make money. Took another early exit again at a level that appeared it could hold.
Not my best trading (early exits) but my mental recovery was pretty darn good. I would not say I failed today but I do expect better.
+25 ticks today
This was my best week ever. + 160 CL ticks + 13.75 NQ pts I'm pleased but not euphoric. Feeling satisfied, like I did my job well this week. That feels good to write. I'll celebrate /reflect more over cocktails tonight
First trade attached and PnL's. CL PnL does not include the 29 ticks from when I traded at home Wednesday
We did good RN. Thanks !
Hey, +160 ticks for week awesome, it going to be awhile till you get most of the weird feeling out, but I still get emotional when trading and have used this to my advantages. But if you don't have a good price pattern reason to get out, you lost your Trading Plan. You are there to work for the guy who mad the system, separate yourself, two guys-one made and makes changes to Trading Plan and other guy trades the system- YOU DON'T HAVE OPTION to make changes.
Checks and Balances
Enjoy weekend.