OK I have been posting in forexintuitive for some time now... I have been submitting my results in different threads and now I think now is the time to do it properly... Keep a suitable Journal. In this thread I will be incorporating my daily debriefs i.e.. What trades I took, why and what the emotions were that I felt during the trades. My objective is to demone that with a strict set of rules which are followed to the letter that you could be successful in this particular Arena. Despite the emotions you are feeling during a trade if you have planned properly and have sufficient confidence in the setup then you will eventually overcome all challenges and make the transistion to professional trader.
Now to a rough guidelines regarding what I will do:
Session
London 6am - 3pm
Pair
GBP/USD
Method
Basic Breakouts
Lots
2 Lots
Timeframe
15 Minute Chart
Total Summary
I started keeping a written diary back towards the center of October and I have discovered that this has really helped my trading. So I thought that it was only right that I bring you guys current on where I am because I started to keep a journal.
In October I had 13 trades, 11 winners and 2 losses. In total I made 155 pips in my first lots and 321 pips in my next lots coming into a total of 476 pips for the month of October.
In November I have had two trades and two winners. My first lots total is 40 pips and my next lots total is 0.
Since beginning a diary I have had 15 trades, 13 winners and two losers. I have accumalated a entire pip count of 516 pips profit....
Men please feel free to add your ideas, ask questions or just follow my progress...