Chapter 2 Trading journal #107–06/12/2019 +$114
3 min readNov 11, 2022
What to work on:
- Use tape only for momentum trades
- Use tape only to take entries on range trade, after the risk is placed — disregard it.
- Before every entry, check where was a better /right entry. BEFORE EVERY ENTRY.
- Take a look at all the right entries. How many minutes do they give to get in?
- For the range trades, keep thinking about where is the right place to add more risk and where this is a bad idea.
- Side note: offers, while this is not a momentum trade, mean way more when they are on top of the range than when they are at the bottom.
- Every action that does not falls into good trading only reinforces poor trading throughout the whole day. It is extremely important to keep doing what I do and review my trades during the day to eliminate this wrongful reinforcement
- No longs but default
If No Momentum = Trade Chart.
WHERE WAS THE RIGHT ENTRY?
A lot of room for improvement
$INSY +$101