My biggest Confession and Realization as a trader.
Over the course of my Trading journey i have taken hundreds of trades and blew so many accounts including prop firm challenges and kept repeating the same mistakes over and over. I didn't even know "what was my trading edge?"
The Revenge trades after a loss. Oversized positions after a win. Skipping my own rules and then forgetting I ever broke them. The worst part? I had NO record of any of it. Every mistake got erased from memory and repeated the next week.
That realization hurt. so I tried journaling my trades. I tried journaling in excel spreadsheets, in Notion templates and many more that are freely available in the market. that too I eventually stopped because these every journaling was time consuming, boring to journal, hard to read, analyze and find patterns or mistakes on each trades. the better one was like Tradezella costs like $30-$50/month which is way to high for a aspiring trader.
so out of realization I Built the thing I and every trader needed. the Trading journal I wish existed.
@lrtradesjournal (https://t.co/YgwDoDUkwU)- a journal that tracks the trade and the trader.
-Full psychology log on every trade (emotion before, during, after) with Pair, direction, size, entry, exit, Setup & strategy used, Session (London, NY, Asia)with auto detect, R-multiple and Attach your chart screenshots feature
-Pre-trade checklist so my rules aren't optional
-Analytics that don't flatter win rate, expectancy, drawdown, equity curve
-Daily P&L calendar that exposed my "red Mondays and frydays"
-Prop firm tracker, goals tracker, notebook & economic calendar all in one tab
-An AI coach that reads my journal and calls out my patterns and tells me exactly where my money is leaking
-and the best thing is loging trades never been this easy and fun and it generates various reports in a minutes.
Tools like this cost $30+/month. I'm offering FREE to traders who'll use it. (No card, No catch). and give honest feedback.
And if something's missing that you'd pay for — say it. The roadmap is listening.
@MichealFXs Psychology is the most important part of the journaling. It will be hard to find the real mistakes that are keeping traders progress down. Numbers can't define everything. That's is why my main focus is psychology log that to in a fun and not so boring way to journal them.
My biggest Confession and Realization as a trader.
Over the course of my Trading journey i have taken hundreds of trades and blew so many accounts including prop firm challenges and kept repeating the same mistakes over and over. I didn't even know "what was my trading edge?"
The Revenge trades after a loss. Oversized positions after a win. Skipping my own rules and then forgetting I ever broke them. The worst part? I had NO record of any of it. Every mistake got erased from memory and repeated the next week.
That realization hurt. so I tried journaling my trades. I tried journaling in excel spreadsheets, in Notion templates and many more that are freely available in the market. that too I eventually stopped because these every journaling was time consuming, boring to journal, hard to read, analyze and find patterns or mistakes on each trades. the better one was like Tradezella costs like $30-$50/month which is way to high for a aspiring trader.
so out of realization I Built the thing I and every trader needed. the Trading journal I wish existed.
@lrtradesjournal (https://t.co/YgwDoDUkwU)- a journal that tracks the trade and the trader.
-Full psychology log on every trade (emotion before, during, after) with Pair, direction, size, entry, exit, Setup & strategy used, Session (London, NY, Asia)with auto detect, R-multiple and Attach your chart screenshots feature
-Pre-trade checklist so my rules aren't optional
-Analytics that don't flatter win rate, expectancy, drawdown, equity curve
-Daily P&L calendar that exposed my "red Mondays and frydays"
-Prop firm tracker, goals tracker, notebook & economic calendar all in one tab
-An AI coach that reads my journal and calls out my patterns and tells me exactly where my money is leaking
-and the best thing is loging trades never been this easy and fun and it generates various reports in a minutes.
Tools like this cost $30+/month. I'm offering FREE to traders who'll use it. (No card, No catch). and give honest feedback.
And if something's missing that you'd pay for — say it. The roadmap is listening.
1. AI powered Trade reviews,
2. Risk alert before entering a trade,
3. Multiple devices login simultaneously,
4. Price alert system,
5. AI powered Traders behaviour,
6. monitoring system and weekly report generation,
7. Copy trading in trading view, and
8. Auto journaling .@BrettSimba
Got cooked in NY session ☠️.
To be honest I broke my rule and did overtrading and increased size.
It was A+ setup. Got little overconfident and Risked profit I made in 2 trades in LN session. Got kicked out by fat candle😭.
Down to the BE for the day.
Lesson learnt. Don't break your rules and don't be overconfident.
Day 10 on Funded account.
Not my typical day. But I clearly Broke my rules and discipline.
Took Total 5 trades . 4 in LN session 1 in NY session.
2BE 2W 1L(NY session Loss. Got greedy Risked profit of the day). +$360 to BE for the day.
Good thing I stopped here and didn't revenge trade.
Done for the day. Will come back stronger next week.