Trading Journal – Week 20 (process: loss/ money: loss)

May 16, 2022 | Playbook

TRADING JOURNAL

A trading journal is a powerful tool meant to help become a profitable and stronger trader. Essentially, it is a written record of what happened during a trade.

1. Follow THE rules

  1. Speculate what markets wants to do
  2. Be inline with technical aspects
  3. Follow smart money and supply/demand zones
  4. Buy at support and sell at resistance
  5. After three losses, stop trading
follow the rules

2. AVOID mistakes

  1. Do not chase the price
  2. Stay patient (wait for pullbacks)
  3. Max 10 trades a day
  4. Max loss a day 30 USD
  5. You are Manager of your trade and Market is your boss
follow the rules

3. CHARTS

16/05/2022 – 22/05/2022

4. Weekly summary

trades summary
  1. US500 my new amazing stock to trade! I can go for 5 batches or 1 if want to be small. Can do also 100x to feel like a whales! Amazing amazing amaing! I had a rollercoster on a market, easy come easy go. Need to learn about patience and anty FOMO!
  1. I did 1.000 USD on crypto from 200 USD and then i lost it all down to 100 USD within 3 days. I was stubborn on one cheap stock which was constantly going down, saying it will go up. But no, it just went down and down, extremely good case for being bearish.

Did I Follow Rules?

YES, FINALLY YES

NO, AGAIN NO !!!

 

  • I did not manage to follow the rules as i promised myself
  • I did not have also any trading plan
  • The only good amazing thing i did was piramidowanie, it worked really well, adding only for a higher price, amazing tip! GAME CHANGER TIP

Days till end of 2023

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Days till end of 2024

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Days till end of 2025

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