Tee_GO

@NickE Hey man saw you were down just over 4 grand and now in the green. Congrats, thats dedication and hard work. What helped you out from R/G in your profits?

NickE
NickE Mar 27, 17 8:11 AM

Thank you. I'm still very much in the process of learning. What helped me from R/G were a few things. Taking smaller position sizes in order to remain more comfortable in a trade helped me to keep emotions under control. I've also been doing a lot of short selling and have found that for me, I'm much better at it than going long. I've also been making watch lists each morning, and trying to have a very clear plan in place prior to taking any trades. Sticking to that plan is still something I'm w

iTzTruth
iTzTruth Mar 28, 17 7:06 AM

keep it up man, i hope i can follow in your footsteps. Im still a very new trader and have blown up a few accounts. Now im back at it and hope i can do well. Your doing great, just keep your head down and work hard

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iTzTruth

ok well im finaly set up and ready to roar for next week, kinda sad i missed the HTGM trade because i was planning to trade that if i could but .... no shares no cares. nothing i could do about it. Soon will having everything ready for a perfect trading week and remember dont get crazy, dont jump all over the place. Make a plan and stick to it and if it goes against your plan GET THE HELL OUT But for today..... Study, Study, STUDY.... i want to rewatch trader checklist and really try to apply it to my trades.

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iTzTruth

Woohoo had a great day yesterday and i am glad that plans i prepared myself for all worked out. I understand that no trades were involved so it could of gotten much worse but im just glad i was able to make a plan and have it execute the way i was prepared.

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iTzTruth

So been getting back in gear now that my week has started , and i have been starting to make watch lists of stocks i think i could trade I want to just start making these lists and seeing how they execute my trade as Tim says "Have a plan, if your plan doesn't work... GET OUT" i understand what he means because i am right now just trying to build these trades and then execute them, if the trade i am building doesn't work out i can find out why it didn't work and adapt and adjust. I just need to keep learning and begin building plans and waiting for just the right execution .... Quality over quantity.

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iTzTruth

Well this weekend was bad, didn't get much done, but hopefully this week will be better. been super lazy this weekend because of the disaster of the last 2 days of last week. Well I'm tired of these excuses so I really gotta sit down and work hard at this.

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iTzTruth

So really doing my research today I've come down to a few things, 1. I need to track my win percentage and all my trades - if I can do this it will help in the long run for seeing my progression and improvement as a trader 2. Get started - Get started this week, just get into the game and start making (small) mistakes and start learning why you made them and how to avoid them in the future 3. Study every day

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iTzTruth

Well yesterday was a wash, wasn't able to get much done.... but hopefully today I will have a chance to get ready and prepared for Monday to come. I just need to get out of my head and sit down and do the work. I always have the problem of procrastinating and putting it off. BUT I NEED TO ALWAYS REMEMBER ..... this can set me free just remember the goals at hand You can become a digital nomad, a rally car driver, a successful trader.... you just need to work hard for it everyday

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Received 8 Karmas
Jonk87
Jonk87 Mar 19, 17 12:22 PM

@yawnabit cheers fella, I struggle in the exact same thing don't worry just a process!

Jonk87
Jonk87 Mar 19, 17 12:22 PM

@iTzTruth yes I desperately need to keep this in mind but after a few winning trades you make one loose one try to recoup the loss and ur in a while.

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iTzTruth

So I have spent the day studying and reviewing some old and new material and it kept coming back to four VERY important things 重要 [zhong yao](is very important) 1st - You need to always remember these rules 1. Am I prepared 2. Have I done my research? 3. How much will it hurt if I lose it all? 4. Am I forcing this trade? 5. Is there a pattern here? 6. What would my mentor do? 7. What can I learn from this? 2nd - Use the trading checklist P - Pattern + Price R - Risk Reward ratio E - Ease of entry + exit P - Past performance / History of spiking big A - At what time of day is it? Whats your schedule? R - Reason / Catalyst E - Market Environment 3rd - and it seems this is more important than people realize TRACK EVERYTHING - the more you track the more you will learn - the more you learn the more patterns you will discover - the more you find these patterns the more you will be able to work with them and not against them 4th - Don't even touch the big companies you want things that are going to grow your account exponentially not things that will move your account 10% every year so it seems like today wasn't a total waste as I thought it was before. I have spent some time reviewing old material and developed a serious trading plan....... wow , I actually thought that was the hardest part of this. Studying the past few years I have noticed that I needed a trading plan more than anything, and was never able to get anything into concrete Now the future looks bright, I feel like I am ready for trading going forward if I can keep my mind and eyes focused on the goal at hand. #traderchecklist #7thingstoaskyourselfbeforeeverytrade

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