100913 Better psychology concerning actioning plan

P/L: 0 / -£1.20  CAP: £2405.59

Trades:
1. REV to 252,  exit TSL,  fault, should have taken profit at D1 21EMA add to guide. usually trade thru S&R levels when trading back towards 252EMA.  But obviously the D1 21EMA is stronger than the H1 21EMA.
A.  HSL that I luckily missed because I was out, would have made a 0.4 loss

LT Trades:  placed a long on the D1 chart as it triggered ( close above 21EMA)

Notes:
Much happier today, been working on my psychology in particular the emphasis and energy I need to put into executing my plan. Puttingt in the updates for my records...

1. Take Responsibility (of everything in your life) to take control of your Life.

This is a simple decision

2. Direction and Drive charged with Positive Emotion

Explain what you want, why you want it and spend time linking it to desire,  faith,  love, romance, sex,  enthusiasm, hope. A "Think and Grow Rich" method.

3. Plan of Action

create a plan of action in which every step is easy to understand and easy to achieve

4. Action charged with Positive Emotion

Action requires that you action/execute your plan, this is your sole purpose in (working) life so spend time linking it to ( desire,  faith,  love, romance, sex,  enthusiasm,  hope) . If you are actioning/executing your plan you are successful.

5. Fear and Progress

Fear occurs when your imagination focuses on the potential negative outcomes rather than the action/ execution of the logical plan. this is a breakdown, recommit to the plan.

External problems (plan failure, things you cannot prepare for) are not your fault.

all you need to do is points 1. 2. 3. 4.

6. Psychology (overcoming breakdowns, fear and depression)

1. Have Direction and Drive (everyone needs a purpose in life)

2. Acknowledge your achievements ( to update your perception of reality and self)

3. Be positive ,  say your affirmations

4. Be Grateful, say your gratitudes

7. Physiology (maintaining a health body)

1. Go for a walk in the morning to get some fresh air and work your psyhcology

2. do a little exercise in the morning to get some fresh blood and oxygen to the head

3.  do some vigourous exercise 4 times a week to work the heart and lungs and relase endorphins.

4. watch what you eat and drink and get enough sleep.  these can really effecting your psychology.

8. Communicate (with others)

1. it inspires creative thought because you have to think in the third person to explain things

2. it creates help (because you're telling people what you are doing)

3.  it inspires commitment ( because you’re telling people what you’re doing and don’t want to fail)

9. Persist (with actioning your plan)

If you don’t persit with your plan you will never achieve what you want

Summary: Price got stuck on and around the D1 21EMA, H1 21EMA and W1 and D1 S&R defined a range. This was a bit of a bugger for my trend following method. Happy with my discipline, I traded the plan, on days like this I find it very tempting to reinvent the wheel as there are large moves but usually the the RRR is whack if using the close as your signal (imagine scalpers enjoyed the US open). So the guide performed well because it kept me out of these poor RRR trades on the M5 TF.