Journaling here every trades weekly.
Building good habits and accountability.
This is a fully transparent page showcasing the real life of a wanna be trader. Ups and downs.
In search of like minded people on the same path.
As promised, I'm giving back some of the channel's September income to the community! 50% to be exact!
๐ฐ Two USDC giveaways:
๐น $35 USDC on X:
Reply to this post with your biggest/latest trading improvement so far to enter.
Winner drawn Tuesday 20th at midnight AEDT.
๐น $35 USDC on YouTube LIVE:
Tomorrow during the Asia session at 12 PM AEDT.
Just be on stream and follow instructions then. If not drawn (as I have only few people at best watching) ๐ Then I will re draw an other day on Stream until claimed.
One entry per person.
Subscribe to the channel here: https://t.co/TXFnnPqksp
Thanks to everyone supporting the journey! This is just the beginning. ๐ค
How I fully Journal the trade: using Strategies and Tags from @TradeZella It's a must do every time!! review what went wrong or what was good. I often do it on the spot, fresh hot review, then a couple days later with a broader picture view and add or update my comments.
$BTC short:
After CME open
Breaker retest with liquidity grab
1H 50ema retest for 4H drop level 2
entered as a B set up (0.25% risk) as a bit late on better entry at CME open, and still before Asia open.
Will discuss live in 1hour: https://t.co/24X5gxLWOS
Stopped at Break Even. ETH did not even take last week low where I would have taken some partials on BTC in case of a divergence...
Good entry, zero drawdown, 1.8R at max, no loss and good execution/management.
It's all good, trading is rarely perfect.
Live tomorrow for Asia with a JPY Bank Holiday. (Often a great day to trade Asia)
(Cash giveaway will be on Wednesday's stream)
https://t.co/FOW6ZyTdFY
@carlosg_trades@FerPrimal@tradetravelchil That's the thing with trading sadly. You only see the glamorous side, the isolated trade. Not transparency over weeks and months. Almost never at all from no one๐ซค
@apurvkaushal@TradeZella@krakenpro Exactly. Aiming for less trade better quality always.
Sure send us one if you want. I'm gonna go back to doing live streams too so feel free to jump on. I'd love to have more people to talk to! We can talk charts and mindset. ๐
September Challenge:
-Failed*, took 8 trades instead of the 5 max I said...BUT,
-This is my first green month since Novembre last year!
With +2.65R (@TradeZella shows result accounting for fees)
-2 of those trades were a bit gamble ones when trying out @krakenpro prop that is now available in Australia ๐๐ฆ๐บ
I tried to go full drawdown risk on small accounts and got funded on a 5K account on the 3rd try on that ZEC trade.
-@breakoutprop evals: one 100k failed and the other was almost at breach and got it back up a little but still in drawdown.
Key point of the month:
-I realised I need to grade my trades. (A+, A, B,C) as some set ups are still worth taking but not with full size. And it is very hard to wait only for those A+ trades. (I will do a video going into details on how I plan to approach this).
Other than that, great month in my view learning wise.
There was trades that were B setups I did not take as not fully focused on charts those last 2 weeks being roadtripping. Otherwise poor market environment.
And yes that week I traded there was too many trades.
YouTube Video about it all coming next week. I am now sure I will focus only on doing Monthly Reviews rather than weekly (unless needed) to help with schedule management and force me to take those only few trades.
And I will try to do a couple live streams when I think a setup will present. I will as well do the cash #giveways on stream as the channel made about 140US this month! Go and subscribe if you want to be part of it.
Thats it folks! ๐ซก
I have not taken a trade in 3.5 weeks.
I highly value that. It shows me I know what I am looking for and I can wait for it.
Big moves do not bother me anymore if I am not part of it.
I only want to see the set ups I like. Regardless of the price of the asset.
Sometimes I have feels or intuitions, and they turn out to be right. But I wasn't presented a setup. So I wait.
(Actually this is now called my C trades ๐, but I havent taken one yet. And thoses are only supposed to be 0.1% risk)
I'll do a video about it soon ๐
This is a very good reminder to have in trading:
Trading is a capital game. The more you play with the less you need to chase results wise per week, per month.
Less trades, more quality.
Look at those returns if you are funded max allocation on both @breakout and @krakenpro for exemple:
All those $ returns are for less than 1R a week positive return. (Not accounting for profit split)
Seems way more attainable than trying to get those 10R trades ๐
That's were propfirms shine if played correctly with the right firms!
30% fee rebate for life on Kraken: https://t.co/H1NJdMObm5
Use code: TONES for 2% discount on your Kraken evaluations.
5% discount on your first Breakout Eval: https://t.co/ShIlOkVlkt
2 rules:
โข 3% max daily drawdown
โขYour account max drawdown
That's it. Easy.