Video journal: I'm ****e at trading - watch me get better than all of you!

myattitude

Established member
533 70
I intend to re-start this journal if not tomorrow, then next week. Looking after the niece & nephew over the Easter hols gives me no time to watch a screen for more than 5 minutes without them saying "Pump up the paddling pool, your work is boring!" Those blighters are costing me money :LOL:
 

myattitude

Established member
533 70
shorting eu

dddfdf99a76956c2a194568f9a47568e.png


will try to go live stream today
 

myattitude

Established member
533 70
sorry for the short notice, I'm live on a long DAX trade now

 

MajorMagnuM

Legendary member
9,284 888
short eu off this trend line. lrs say no though. I'll see what I learn...

b5d77570c7d2f77090a32c5e5eda8a02.png

i have this
ph and this line now
 

Attachments

  • lines2.PNG
    lines2.PNG
    88.8 KB · Views: 155
  • lines3.PNG
    lines3.PNG
    92.6 KB · Views: 186

NVP

Legendary member
37,760 2,100
OK slight clickbait. Only joking :cheesy:


So quick story as to where I'm at, in 2012 I was pretty much scammed by the guru industry when I bought a gap trading system written by the "guru" John Piper called KrautGap - me and my friend have since affectionately called it KrapGap. It cost me quite a bit of money playing that product, which was for naive newbies who don't know better than to give money in exchange for a duff system - I kept convincing myself "oh maybe this is just one of those few losing months he mentioned, I just have to keep my mental discipline". Well even after I saw the light and stopped getting bum-raped by it, I went back into the archives to 'back trade what would have been' if I had carried on. Suffice it to say that since I bought it in 2012 it has been losing more than winning.

I emailed him back and forth a little when I was a newbie and he was actually very responsive, but then I emailed again after I tested some tweaks and improvements to his system (that I worked out my own newbie-self) with a complete 8 months worth of 'back trade' data to compare, to see if he's legit or not from his response...he fell silent and stopped emailing me back after that....enough said!

So that was a while ago, long before I joined this forum. Since then I practiced on a demo account to learn my own techniques and methods with a safety net, with a view to going live once I have gotten decent.


hey MA

we've all been there on the scams so don't beat yourself up.........its part of the learning process :cool:

good luck with the thread...........a journal is essential to better trading..................stops us all from kidding ourselves .........

N
 
  • Like
Reactions: myattitude

myattitude

Established member
533 70
hey MA

we've all been there on the scams so don't beat yourself up.........its part of the learning process :cool:

good luck with the thread...........a journal is essential to better trading..................stops us all from kidding ourselves .........

N

lol. well i'm glad i didn't give up and become another statistic. i got scammed, i've put it down to experience, now im going to make this work and make my money back, and then hopefully some more :cheesy:

thanks for the good wishes, im learning a lot since i started the thread, especially with being brutally honest with myself on the live feeds, i find its accelerating my learning curve. i overtraded on friday and ended with a losing day. now i think i already know why: didn't collect as many pips as i could have won (i let the market come back and hit my TPs at smaller wins or b/e, so missed out on some good points), so revenge traded to catch them up, but they were bad trades at bad times, and kept chasing my losses after that. ended up -30. ah how liberating being honest! monday is another day.

i must lose that emotion though. i think part of the reason is that im eager to be at a place where i can bring in consistent wins but im not at the technical level yet. tbh im still emotionally feeling right now like i must make up fridays losses this monday. i must weed that out and let calmness win out in the end, which i find almost always does in my short trading career. if i had the technical knowledge and belief in that knowledge, i'd feel a lot less of that urgency to be banking big points.
 

myattitude

Established member
533 70
The morning range on dax wasn't very good and I've been hosed by all the chopping so far this morning.

67705951ff29c0cd7a6402259da00f4c.png
 

myattitude

Established member
533 70
I made nearly 200 pts on my demo account but lost -50 on my live account today. Deary me.

I think one reason was I was too stingy with my stops and placed them too tight. On my demo account I could place the stops in the best strategic place and not care.

The other thing was around 2pm I lost confidence to trade live anymore so stayed on the demo account to place bother free trades, and I was bouncing those S&Rs like I was Pac Man hoovering up pips, especially on Dax.
 
 
AdBlock Detected

We get it, advertisements are annoying!

But it's thanks to our sponsors that access to Trade2Win remains free for all. By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker.

I've Disabled AdBlock