Today i traded very bad.
After 2 systematic trades and net loss, i decided to short the market.
Made it very bad, very emotional, and i've lost hope to trade vell in this method. So, some psychological issues caused me to made so emotional trades.
As long as i will take this kind of trades i will not be able to trade full time with full size.
I've lost 8%!!! Of my account.
My biggest loss. Eh...
Need more discipline and more believe in myself and my method.
Today i made 1 trade. FMT. according rules. It was loss.
-1 R
Today my old limit was triggered (i forgot to cancel it).
Then i covered litle loss by emotional entry.
Not a good day.
+0,35R
Today i made 1 trade and missed 3 trades!!!
Bad concentration, bad focus.
Need more focus and positive thinking
Today i made one trade.
I controlled myself and traded well.
Stop according to system.
Today i only monitored market, after yesterday bad day.
Today was a lot of good spots to make money.
Today i made 19 trades
Total tilt. In this moments i forgot of my account, my risk management.
I hate myself in this kind of trading days and also i'm fell so depressed.
Account was down to 8% , then i recoup it to -2% for the day
Total for the day = -2,1%
Not much trading after yesterday great trend day.
So, made 1 trade - stopped at BE.
Made 1 trade and got stopped out. I should trade next setups, but i was frustrated and didn't want to trade more.
Today i made 1 trade.
It was very good entry, but very bad trade management.
I exited too early. I moved stop to BE. And price hit my stop and traveled 50 pips in my direction.
Today i made one good trade.
Classic FMT setup. Played it superior. So i need treat it like best trade.
+1,8% for today
Today i was frustrated. Some mix in my head, so trading was not so focused.
Made 2 trades. Two trades was not true FMT's, but pseudo FMT, as i called them.
-2% for today.
Today i made 1 trade.
Trade was according to my system.
Market was very slow. Then marked dropped without pullbacks.
Confidence is back ))
Total for the day= +0,52%
Total for the week = -2,37%
Today i have traded on demo. I've missed one good trade that can increase my account to good value.
So, i feel a bit frustrated.
My mentor did great and made money by 2 trades.
Today, at a start of a new month, the loss series continues in my trading.
It's a 8 consecutive day wich ends in red.
I have not good mood. I trade mostly FMT, wait a whole day and then i get a stop. Pretty frustrating. If i will go to 4% of my initial investment i will cut my size to 1/10 to trade with no great damage to my equity.
My second trade was a not true FMT. I risked to give it chance.
Last day of the month.
I took one trade. It was not truly FMT trade, cause on 3 min chart price was about ATR.
After i entered, price reversed against me immediately. I was stopped out.
-0,86 % for the day.
-10,44% for the month.
Hard day. After strong uptrend day yesterday we had today only 65 pip range day.
So, i traded 2 FMT trades.
2 losses.
3 day of 4 trading days i have losses of this week.
But i have a confidence, i do not force my trades, i do not break my money management rules and trading rules.
I trade in zone. Sometimes i'm missing trades, but this week was a good trading week in term of executing my trading plan.
Total for the day: = -1,93%
Total for the week = -3,3%
Today i monitored market all day. Saw 1 FMT trade but passed it (as ADX on 3 min turned from level under 50). Second FMT i've missed.
So, no trades for today.
Today i finally have a winnig day.
First trade was loss. Second was winner. I closed it manually, but if i would stick to risk/reward 1:2, i will had big winner.
Market was in tight range of 60 pips.
I was sitting all day in front of my 4 monitors, a bit tired from this.
Today i made 1 trade according rules. It was losing trade. But i've played it well. I could get early entry, one bar before and bank 0,5R profit, but the entry bar was like doji, so i passed it.
Today i only trade FMT setups and look only for this setups.
So, i took one, but it was with some mistake (after trigger candle on 3 min closed, ADX on current candle went down.) So , my mentor explained me that this trade was wrong.
Also missed nice opportunity to but FMT at 17:45. (Closed price of trigger candle was at distance 11 pip from ATR, and i look for 3-8 candles, so passed it).
I hve some losing streak right now, but still i'm calm and ready to trade well next day.
Today i traded live only FMT setups.
Missed one good trade (but it was not 100% accurate , as ADX on 12 min was down).
My first trade was not so good, as isolated low was to small, but i took it (entered at bad price) and was stopped out.
My second trade was also FMT, but my ATR was below candle, and my mentor's ATR was above. And i didn't maange this trade well. (should close 1/2 at +1R and move stop loss to breakeven).
But i fell confident and now will be trade only FMT trades till i gain full consistency of it (30-60 days).
Result for the day = -2,1 %
Results for the week = -2,3%
Today i made 3 trades.
First trade was bad. I only want to trade something and took it, thinking that it is FMT trade. Stopped out. Second trade was RAZ setup. Made a bigger stop for 1,5% - stopped out.
Third trade was amazing. Closed half at 1R and second for 2,5 R. Total near 1,9 R. Then price rose as crazy. I thought if i would hold it i can make my first milestone and start with bigger account,. But i need master FMT trade. Master to high level.
Also i talked to my mentor in Skype. He told me simple think : stick to one setup, trade it stupidly and master it. Then you are ready to learn another stuff... Very positive conversation. Need to work on one setup.
Also i reinstalled my Ninja TRader. So now i'm fully prepared with right indicators to tomorrow FMT setups.
Today i missed good trade. Made one good trade on DEMO (RAZ setup) And also make a right FMT trade, but it closed as loss.
Then i went outdoor to run a bike, as a weather was sunny. Made 43 km in forests.
I took one loss, without any psychological pressure. I didn't scare to take this trade. So, i'm gaining more and more confidence in my daytrading, and it's good progress by now.
Today we had great trend day. I made one good trade on demo account. Then i have a lot of good chances to take a trade on real, but missed all of them.
So , flat for today.
Today i started the week without walking, but with cold water washing.
Made 3 trades, missed 2 runners. I need to hold concentration after winners.