jimbocoy1

Monthly results Month: November Results Trades: 19 Wins: 6 Losses: 13 Monthly Total: -$13.05 Yearly Total: -$289 What Worked: FGDB, only took 8 all month and only 2 worked, but this was still a profitable month for this pattern, also took 1x SGD which was a follow on the FGDB as still thought it had legs and that won also. What failed. AHPM took 1 trade lost, RCT took 4, 1 small winner, but that ended, as a loss month and 1x oracle, which is highly unsuccessful for me to take over the year stats, but think I am using oracle on a stock now, when I don’t see any entry and use that point as a way to get in when I have no proper plan, will track mental state of this, as very rare I use oracle. What work have I done this month: I have attended every webby from Ellis, Sykes and jack, all Bohens PMP, most of the Double downs, but with work sometimes miss some, mon-fr too and from work still on with riz podcasts, I have read books this month, The laws of trading and Atomic habbits and finished market wizards, I am writing in my trade diary every day, as well as tracking my setups, buys and misses and patterns as well as in excel, I am printing every chart of every trade I make, as well as trades of FGDB or 3DS I missed, then accessing a plan of why, how and when I could enter and exit on these as well as the trades I make or miss, so I have descriptions of each one, to help lock in, similar to how writing this, locks in what I have done this month and how I improve, I have shelf of folders now and at the end of each month I like to go through these and see how my plans and thoughts are changing. What have I learnt: I am learning that I am sacred to take certain entries in trades, these I have been printing to access why I refused to take the entry even so I had the plan actually wrote down and I do believe its just me being simply sacred of a ticker dropping hard, because I have been in some that have failed and that memory of 1 bad trade or 1 shocking drop, stays lodge there affecting my execution, so I believe they all will and this is affecting my execution, instead I should be looking at the bigger picture, that my gains will out way my losses, FGDB were not brilliant this month, but even so I took 8 and 6 were loses and only 2 were winners, but it was still profitable and tbf the 2 that were profitable were not big % gainers and I took the meat of move. What do I need to work hard on: Biggest thing by far is I NEED TO HAVE MORE FAITH IN MY PLAN, some will lose, that is enivitable, but if I am not taking them, I cant win either, every trade I take, I know my stop, so I know what my loss will be, so why be sacred, if it loses it loses, but I can’t refuse as many as I did in November, some turned out to be great runners, and just one of these great runners would of covered a many load of losers and I realise very trader has these entries they wished they took, but these hurt more because these are actual plans wrote down ready for execution and when the time came I talked myself out of them, so this is a note to myself, I WILL TAKE EVERY PLAN I WRITE DOWN IN THE MONTH OF DECEMBER and then see at the end of the month where I am and re access then. Overall Feeling on the month: happy that I didn’t get destroyed in a choppy month, but also disappointed that I refused to take some great trades, although I also didn’t many crappy poor trades, but no data to back this up, only what plans I had and didn’t execute, so I seem to be tracking and watching the correct one, so its all the learning curve, 1% improvements at a time and feel these are happening, slowly and surely, I am more engaged and committed to this process, then I have ever been and passion is growing each month. 1% 1% 1% 1% add up. Goal for next month: To take every ticker plan I write down, if it goes to my plan entry point, time and not talk myself out of it, continue to track FGD & 3DS and really home in on this pattern.

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