- Search Metals Mine
-
gejordan replied Jul 14, 2016So I can mark it and remember it... Just gave Mikepip a pep talk and a basic reminder: 1. Rage Journal... get the anger out 2. Is price moving up or down? (he can take counter trend trades, but only if step 4 allows) 3. Do I have an action on which ...
Gejordan Weekly Journal
-
gejordan replied Jul 14, 2016a natural loss doesn't drive your equity curve down the way yours is going right now. are these natural and typical here and there losses you are taking right now? yeah, i hate a growing equity curve, too. 8-10 pip gains are a real bummer and then ...
Gejordan Weekly Journal
-
gejordan replied Jul 14, 2016So, I'll bite, what is your trading strategy that you are having an inner battle with? While I wait for your answer, I'll be a sarcastic d*ck to try and illustrate my point... and I'll keep adding to these as they come to me until you post again... ...
Gejordan Weekly Journal
-
gejordan replied Jul 14, 2016dude, what are you doing? did you really not do the journal?
Gejordan Weekly Journal
-
gejordan replied Jul 8, 2016Awesome... obviously, continue posting any trades as well, but start each post with your prep as well. Don't have to tell us what you put in the journal, just that you did it. Example: Got clear Took the following trade pic of the trade. I want you ...
Gejordan Weekly Journal
-
gejordan replied Jul 6, 2016Now we are getting somewhere. Those voices are your strongest voices right now. Even more powerful than the voice that was running your profit chart up on a nice and steady incline. You sit there and have the capacity to make money, you show ...
Gejordan Weekly Journal
-
gejordan replied Jul 5, 2016I feel like you are still sanitizing it. If this was an acting role and you had to get raw and connect with the emotion... are you doing that here in your description? If you are, ok, but if not, dig deeper and tell us about it. And you said "but I ...
Gejordan Weekly Journal
-
gejordan replied Jul 5, 2016"On the 27th, price was still moving nicely" So, this bad group of trades was born the trading day before the 27th. Brexit happens, you smartly stay away, as to not get caught in major whipsaw, but then the day ends and all your brain can think ...
Gejordan Weekly Journal
-
gejordan replied Jul 5, 2016So, Mikepip contacted me and said he had a blowup, was sick of having blowups, and wanted to change the way he traded. So, I asked him to post the blowup and the associated equity curve. I wanted him to make it real and make it real for all of you ...
Gejordan Weekly Journal
-
gejordan replied Jun 3, 2016So, let's focus on movement of price first, and then if price isn't going how we want it to go in the short term, let's take less risk. If anyone else is following along, does the above sentence make sense and can you see how it will help mikepip ...
Gejordan Weekly Journal
-
gejordan replied Jun 3, 2016Good job Mikepip... How is the account doing over the course of the 16 trades so far? Some better looking trades. Less risk on these last 3, although this last trade was a bit trickier than it might seem at first glance, but you took a low risk ...
Gejordan Weekly Journal
-
gejordan replied May 31, 2016you got the first part of the fill in the blank: 1. movement of price The second part was supposed to be: 2. LESS RISK As for today's trade... nice. Chart should look familiar, its exactly the two charts we have been studying. You noticed the ...
Gejordan Weekly Journal
-
gejordan replied May 30, 2016Remarks below in blue, not just comments for Mikepip, believe them to be useful for anyone and everyone. 2. Now the analysis is above, but in reference to the trade from post 130, they both were successful when traded from a lower confluenced area. ...
Gejordan Weekly Journal
-
gejordan replied May 28, 20161. why would it have been best to wait for a lower area? 2. give me some analysis on this one versus the trade in post 130
Gejordan Weekly Journal
-
gejordan replied May 20, 2016as you know, your entry was in the middle of a possibly new established range. I would rather hear you saying that you exited because you knew that you would have to take on too much risk to see if this was going to work. Not failure to push. Do you ...
Gejordan Weekly Journal
-
gejordan replied May 18, 2016When you woke up and saw the result of this trade... what was your first reaction. The very first one?
Gejordan Weekly Journal
-
gejordan replied May 18, 2016My point is that I think you are defining the effectiveness of your stop loss based on the outcome of the trade after the fact, i.e., too tight, room to work. Your last sentence is absolutely correct. If you are talking about your stop in this ...
Gejordan Weekly Journal
-
gejordan replied May 17, 2016You finally got there. Inconsistency in stop loss size. Now, next question: Did you really "give it more room to work?" and was the stop on the last one "too tight?"
Gejordan Weekly Journal
-
gejordan replied May 16, 2016It is about risk, but not necessarily what you are saying. Check out post 144 and compare to trade in post 130. Scott, what you are saying is more of the first step in figuring out how to become profitable.
Gejordan Weekly Journal
-
gejordan replied May 15, 2016Just an ounce higher level. What you guys said is fine, but go back and read why I am assisting Mike, and then look at his trades and then compare this one to the others. See if you notice something that could be a potential cause to the problem he ...
Gejordan Weekly Journal