Jump to content

We have moved to Discord. Please click here to join us in the Trading Terminal Discord server.



These forums are read-only.

Leaderboard


Popular Content

Showing content with the highest reputation on 07/29/2022 in all areas

  1. 2 points
    Thank you for sharing your experience with your “trade journal”...gives me inspiration!
  2. 1 point
    @Susan Thank you. The good news is that I recently tightened my daily max loss A LOT, so Friday's loss is not a problem in any way from a pure $$$ point of view. -Tightening max loss, BTW, was something I did based on a conversation on that topic on an earlier book club call 🙂 I do feel like I am pretty good at retrospection, at asking "How did I get HERE, when I wanted to be THERE?", so that's what I have been working on since that day. I went back and reviewed this month's trades and found some repetitive mistakes I was making. I then simulated all this month's trades using the things I learned during my review, and the results are now significantly better. Out of 15 simulated trades, 12 were green, 2 red and one became a "No trade" since my entry criteria were never met. I have created a simple and easy to read check list which I will review *every* day before market open. I think of it as a "takeoff check list". I credit this list with a lot of the improvement I have seen in my trading since the max loss day.
[[Template core/front/global/mobileNavigation is throwing an error. This theme may be out of date. Run the support tool in the AdminCP to restore the default theme.]]

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.