28th April - 2nd May P/L: R- 3.5

Monday Issues: Traded a weak trigger twice! (O/C ag 20). Didn't let profits run on good trade.

Tuesday Issues: Trading poor trigger and into S&R

Wednesday Issues:  Not trading off an S/R level or Strong trend (Entry floating in air)

Thursday Issues: Trading into a WN, Not trailing stop correctly. Trading a HM

Summary: Only take trades in strong, prolonged trends at and S/R level Without any major S/R imd abv or below.  All triggers should touch but not O/C ag 20 nor be HMs or SSs

(Tueday 28/04/14 post!) R-2 Poor Trigger, Traded Into D1R lots of S&R

I must remember I can look at my charts on my tablet.  There's no reason that I can't get away from the desk and keep an eye on the market!

EU Trades... (Didn't like action in realtion to other pairs, then traded through data to add to things.  Didn't need to look at calander PA went bonkers!)

 UJ obs (had I been Patient!)

GU obs (had I been patient)

R+0 No Trades: S&R and Trigger Issues

EU Obs

EJ Obs (best trade today was EJ trade B)

 GU Obs

Obs: Setups with 20EMA at/around S/R Work Well.

Was looking at the market after my session and spotted these...

R-1.1 Good - Mediocre Entries and Exits

Reading a book by Bob Volman, current chapter on stop placement really threw my game off today...

EJ Trade...

GU Trades...

R+0: Factoring in S/R to Strengthen Trade

GU: One poor trade.. where I didn't factor in S/R to entry and TSl'd too quick...

EJ: One good trade...  where i factored in S/R

UJ: Obs one trade I avoided incorrectly.

R-0.4 Traded a Poor Trigger. Could Also Take more Profit in a Strong Trend

Choose EJ over EU  today as it was trending better. NB: made a mistake on order entry first thing so have discounted the "false trade" from PL (-0.3)

EJ Trade...

UJ Trades (NB trigger O/C against 20!)

.... Trading back into the daily Range on the GU and EU was profitable  but difficult!
EU Obs (despite an eventual SAR lots of trades would have been stopped prior to it)

GU Obs

Psych Update

Definitely sinking into a hole this week. In life in general feeling lethargic, anxious, indecisive, rushed, out of control and actually achieving very little because I am doing so little which is just magnifying all the issues!

Issues
1. Trading APU. How did I have a 2.2% winning week a month ago?
2. didn't go for my walk last night, or this morning.
3. Not doing any Chi Kung.
4. Drinking again, albeit "healthily" but still having an impact.
5. Not Training Simon...He's away.
6. Not getting out during the day.
7. Flat...  Gas safety check issues.
8. Injured
9. Mouth Ulcers
10. didn't do any BJJ study today
11. Didn't do any Trading study (reading today).

Solutions
1. Trading: It's late, so tomorrow morning when you're fresh go look at the week that was so good and copy the fuck out of it.
2. Walk: As soon as you've finished this do your walk!
3. Chi Kung: Start doing Chi Kung again, it only takes 10 mins a day so do it every day. Do it when you come back from your walk.
4. Alcohol: Go dry again if you need to, no one will give you a hard time!
5&6. Yeah Simon's away and if he were here you would have got out. But you  thought you wouldn't this week to save money. Stupid, accept that no one can work and live at home all week and you must go out. It actually improves your productivity! So accept it as a cost of business.
7. Gas: safety check issues. You're doubting the guy/not sure if you can trust him.  Ask Sarah why the cost, or simply fuck him off!
8. Injury: it happens when your training. It actually feels a bit better now that I've trained. Take it easy, no rolling around with big D and you can always go to Darren if needed.
9. BJJ. You're nearly there and you've been going at it hard recently. Why not start back next Monday fresh and excited instead in this rushed feeling.
10. Study: Just start again. Even a page a day will do!

22nd-25th April P/L: R -3.5

Tuesday Issues: EJ trades had little correlation with EU and GU. It was also chopping around D1 lows.

Thursday Issues: A late exit at a loss because had not taken a profit at S/R. Trading a HM/doji.

Friday Issues: Trading in a S&R mess (range), needed to wait for it to clear.

R-1.7 An S&R Mess: I Must Make Sure I Have a Clean Shot Before I Fire!

Generally an S&R mess today,  but oh no why would that put me off?! ;-)

EU trades...

UJ Obs...

GU Obs...

You Can Make Money the Wrong Way And Lose Money The Right Way

Sometimes I've got to remind myself of this.

The correct way of making and losing money is:  risking small controlled amounts of capital in the direction of the highest probability/when you believe you have an edge.

The incorrect way of making and losing money is:  risking large uncontrolled amounts of capital even in the direction of the highest probability as this will very likely eventually lead to a sudden and catastrophic loss / bust because edge's fail regularly. 

R -0.4: A Poor Exit And Trading A Doji/HM Trigger

GU Trades... (poor exit on 1st trade)

UJ Trade... (should have avoided HM trigger and traded till 9AM to get C&D)

EU Obs... (incorrect in appearance but correct in practice :-) )

EJ Obs... ( a comment recently put me off trading this but feel like I'm missing out.)

R+0 No Setups: PA Chopping Across 20EMA, But possible "Trigger Line"

GU Observation...Had I drawn a "trigger line" I might have been able to capitalize on this trade.

R-1.4 EJ Not Very Well Correlated With EU and GU

GU Trade...

EJ Trades (Not great correlation with EU and GU). As trading truly felt each trade would fizzle out.

EU obs (better correlation with GU and UJ)

UJ Obs (better correlation with EU and GU than EJ)