Day Trading Journal Objectives
Understanding the day trading method, and especially
how the trading method setups are related to the strengths and
weaknesses of the base method.
Understanding that discretion is inherent in a trading method
BUT that this discretion can be repeatable -vs-
non-random discretion coming from things like market bias or market
opinion OR trying to indicator trade as a trading system.
Understanding how to use indicator information as
part of the trading setup -vs- being an indicator only trader.
Understand mixed method [the trading method which
will be entering at the same approximated time BUT in the opposite
direction] AND the implications of these
'other' methods on our trading.
Discussion of trading charts-setups, explaining why a
setup is method base and comparing to similar setups that 'shouldn't' be traded
- setups that could be regard as trading setup misreads.
Discussion of opening emini russell trades and trading setup
scenarios using previous price action prices.
Discussion of trading setups related to method
strengths and weaknesses AND in relation to market
conditions such as directional-counter or continuation-congestion.
Discussion of directional strength and maximizing
the profits of these trading swings with addon trading.