Trade Journal By M.A. Perry
Trader and Founder of
WRB Analysis (wide range body analysis)
Trade journals are crucial in preventing us traders from becoming complacent or content with our trading plan or the markets because without having the ability to review archives of past trading days in a forever changing market...we won't know it's time to adapt when change occurs in the markets because broker statements alone doesn't help us keep that
edge in comparison to a trade journal. In addition, this public trade journal contains
useful trading tips a few times per week to encourage readers to return for more information and to help ensure I myself don't forget the importance of basic concepts within my own trading plan. Further, there are
market summaries from Youtube Bloomberg, CNNMoney and Yahoo Finance as a quick archive of what happened in the markets on a particular day of trading. Thus, if you're looking for trading tips and market summaries that can improve your trading and/or understanding of what happen on a particular day that involves more than just entry signals...consistently read this trade journal and the #FuturesTrades chat room logs where I post my trades in real-time from entry to exit (see link below) via my IRC user name
wrbtrader.
Today's
#FuturesTrades chat room logs is archived
@ http://www.thestrategylab.com/ftchat/forum/viewtopic.php?f=74&t=531.
Quote:
Today's results are 10 wins : 2 losses (see above #FuturesTrades log). The key trade trade of the day was my 3rd trade (intuition trade) via concepts from the
Volatility Trading Report (VTR) although not strictly via the VTR rules. However, as always, the key WRB zone was via exploiting the WRB advance tutorial chapters.
Trading Tip: Those that spend most of their time debating and arguing at discussion forums during the trading day are hobby traders and not professional traders. I highly recommend not to get involved in doing the same if you want to be a serious trader.
FYI - You can ask me questions here at the forum or you can tweet me on twitter about any thing related to today's trading or related to your own trading.
@ http://twitter.com/wrbtraderIn addition, posted below are direct links about my trade methodology or trading approach that enables me to identify key trading areas in the price action that represent changes in supply/demand and volatility along with being able to exploit these changes via WRB Analysis (wide range body analysis).
WRB Analysis Tutorials @
http://www.thestrategylab.com/WRBAnalysisTutorials.htm Volatility Trading Report (VTR) @
http://www.thestrategylab.com/VolatilityTrading.htm Daily Trade Routine @
http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=109&t=652Trade Performance for Today: +21.80 points or $2,180 dollars in the ICE Russell 2000 Emini TF ($TF_F) Futures
Attachment:
052610_wrbtrader_PnL_Blotter_Profit.png [ 31.93 KiB | Viewed 1529 times ]
1 tick or 0.10 = $10 dollars and to find out more contract information about the Russell 2000 Emini TF...
click here.
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