Hiren1

06:35

Hiren1

Continuing on the efforts of trying to build a habit of consistently trading on a single strategy.

05:00

Hiren1

Not a good day today. Ususally that happens on Mondays... I am not in sync with the market as it remains closed for two days on weekends.

06:49

Hiren1

Tried testing my strategy in excel so that in future this could be automated.

04:46

Hiren1

Learning of today: 1. Have patience........... more than 4 hours as long as your SL is not hit. 2. Have faith in your system, do not take short exits, let the market come to you.

04:40

Hiren1

Day 6: Had the idea of chasing the trend, however, realised that I am not yet ready for it. The SL was very far off and hence was sceptical of taking the plunge. Upon confirmation candle, did take the stand; and it turned out to be correct, got out at expected target. Learning: 1. Waiting for confirmation definitely helps 2. Do not doubt the system even in an...

07:23

Hiren1

Day 5 Experimented with 15 min chart to see if it can help identify the major trend for the day. Untill now I used to look at 1 hr chart to judge on major trend. Looks promising and delivers within the day. Will follow 15 min chart to see if can help me identify the trend correctly, consistently.

06:06

Hiren1

Day 4 of trading journal. Lizard brain made me tighten my stop loss and get out.

06:08

Hiren1

Recording the thought process and actions taken for analysis and improvement.

06:50

Hiren1

Day 2 of journaling my trading to see how I am doing, what is my thought process, recording it so that I can figure out where do I need improvement to trade better, make money consistently.

05:15

Hiren1

This is more like recording what I am doing everyday (right or wrong, mostly wrong I think) so that I can come back and see where I need to change, what I need to improve. I am using the Linear Regression for direction and checking extreme ends for entry/exit. I think that LRC is good for intraday trading since you get both the things on the screen. However,...