First and Foremost
All of my appreciation goes out to NiceGuy and all that he has taught myself and also to all of you who have contributed to the NG thread in the search for understanding the psychology behind the Price Action and also the FEAR and GREED that lurks deep within us.
This is my attempt at being Disciplined, this is a cut throat business and we all have a passion for it. Sitting in front of my computer hours on end taking trades and coming up red is very frustrating. I have been following the NiceGuy thread since day one. i have made numerous classic NG entries but am lacking to hold to the discipline of market open trades thus green turns to red then revenge takes a swing.
In my attempt I have Opened a small $100usd live account with a public thread posting my trades winners / looser! and thoughts behind the trades also have utilized the FF explorer to show the account and hopefully its growth. Now i have no were to hide my greed and fears.
I have no intention of this being a two way thread, also i have no intention of taking away from the NG thread so please do visit NiceGuy and learn from his teachings take what he has to offer and pay it forward!
this is purely so that i can record my failures and try to find a way to beat that pattern within myself that keeps telling me to take "just one more trade" ...that i must overcome.
I will do my best to stick to the NG entries although i will use not only M5 but M1 as well as the resistance entries he has taught. i will trade only 1hour prior market open and 2hours after.
My daily goal is 30pips, i will stop trading after one full 7pips loser until next session. Appon each successful month - successful for a new trader is likely to be breakeven but hopefully will be green i will increase the size of my account by $100usd untill maximum of $1000usd from there it will be all skill or fail.
I work four 16 hour days at sea and have four complete uninterrupted days at home with family, this way i can utilize my time in front of the screen to give me more time doing the more important life activities. During my work days i may be able to catch the last hour of London as it opens at 7pm GMT+12.
Success comes from persistence, we all must be persistent, persistence creates character, character grows within us all to make the right decisions in given situation (WISDOM) - we fail - we learn...fail some more and hey why did i do that!?!
Okay lets see how it goes.
"Perseverance must finish its work so that you may be mature and complete, not lacking anything. [James 1:4]"
All of my appreciation goes out to NiceGuy and all that he has taught myself and also to all of you who have contributed to the NG thread in the search for understanding the psychology behind the Price Action and also the FEAR and GREED that lurks deep within us.
This is my attempt at being Disciplined, this is a cut throat business and we all have a passion for it. Sitting in front of my computer hours on end taking trades and coming up red is very frustrating. I have been following the NiceGuy thread since day one. i have made numerous classic NG entries but am lacking to hold to the discipline of market open trades thus green turns to red then revenge takes a swing.
In my attempt I have Opened a small $100usd live account with a public thread posting my trades winners / looser! and thoughts behind the trades also have utilized the FF explorer to show the account and hopefully its growth. Now i have no were to hide my greed and fears.
I have no intention of this being a two way thread, also i have no intention of taking away from the NG thread so please do visit NiceGuy and learn from his teachings take what he has to offer and pay it forward!
this is purely so that i can record my failures and try to find a way to beat that pattern within myself that keeps telling me to take "just one more trade" ...that i must overcome.
I will do my best to stick to the NG entries although i will use not only M5 but M1 as well as the resistance entries he has taught. i will trade only 1hour prior market open and 2hours after.
My daily goal is 30pips, i will stop trading after one full 7pips loser until next session. Appon each successful month - successful for a new trader is likely to be breakeven but hopefully will be green i will increase the size of my account by $100usd untill maximum of $1000usd from there it will be all skill or fail.
I work four 16 hour days at sea and have four complete uninterrupted days at home with family, this way i can utilize my time in front of the screen to give me more time doing the more important life activities. During my work days i may be able to catch the last hour of London as it opens at 7pm GMT+12.
Success comes from persistence, we all must be persistent, persistence creates character, character grows within us all to make the right decisions in given situation (WISDOM) - we fail - we learn...fail some more and hey why did i do that!?!
Okay lets see how it goes.
"Perseverance must finish its work so that you may be mature and complete, not lacking anything. [James 1:4]"