My Crude Journal
- Thread starter Jdesey
- Start date
Keep at it!
...wish I'd done that today.
seriously! keeping my hand off the mouse and resisting the urge to trade, when I know it is only a marginal setup, is the most valuable but hardest skill I have had to get wired down.
When I started trading futures about 6 years ago, it was not unusual for me to hit 12-18 trades per day.... then I got that down to about 7 trades,,,, now it is like 1 or 2 per day,,,,much more relaxed and calm...
When I started trading futures about 6 years ago, it was not unusual for me to hit 12-18 trades per day.... then I got that down to about 7 trades,,,, now it is like 1 or 2 per day,,,,much more relaxed and calm...
My biggest problem is waiting for the setup to complete I anticipate it and screw myself.
More often then not if I would have waited I would have never made the trade and if I stuck with my rules all the time I would be at least 50% more profitable I have been doing this long enough to know better but I am a slow learner. Congrats on a good start keep it up TRADE LESS MAKE MORE
More often then not if I would have waited I would have never made the trade and if I stuck with my rules all the time I would be at least 50% more profitable I have been doing this long enough to know better but I am a slow learner. Congrats on a good start keep it up TRADE LESS MAKE MORE
Don't feel bad. It has taken me a long time and cost me a lot of money to learn that exact lesson. I'm hitting one or two trades per day. As I said previously when I started I was doing up to 15 or more trades per day trading NQ 6 years ago
Just today Alone I had three instances where I sat aside instead of taking marginal entries where there were too wide of stops. It would've cost me 60 ticks negative ouch.
That's a lot saved.
Just today Alone I had three instances where I sat aside instead of taking marginal entries where there were too wide of stops. It would've cost me 60 ticks negative ouch.
That's a lot saved.
I don't feel bad at all I've been doing this crazy thing since the 90s I just hope one day I learn to only take the correct trades . I would say its maybe 10% of my trades that I know I shouldn't take but I am a thick headed old man and I do it anyway because I want to be ahead on this trade and get the whole move
nobody buys your B.S.