Jozef's Journals Setup 1 DAX M1

[immy]

Result of T20_5 DAX M1

I make this T20 during 3 days. It was totally disaster. Result is 20 % of DS 1. -10R down. Jozef, Jozef.

So next I hope that my mad mood stopped. It is real example how not trade. Everybody learn from it. I hope that help you.

It is important to have a detailed trading plan... One that also details disciplinary procedures... Its designed for stopping us into Self Destruct mood like this ...

So when you have 2 DS0 Trades, you must stop for that DAY.. and come back tomorrow... lets hope you've learned a lesson and taken necessary actions to make sure this never happens again...

This is the ONLY curse of the M1...

[Jozef]

yes I do it. I will be very strict. I will do only two trades during LO and two during NEO. Two losses in raw stop trade immediately. I will control why it happened. If it is DS1 it is OK. If it is DS0 - that mean that I break a rules. Stop trading. I know that it was surprise for you but I have to go out with it. It was big mistake. I learned from it a lot. I will control each trade separately immediately after it close. I will create a journal, think about it and than I will be ready to take another one.

[immy]

The biggest mistake is not what you did. The biggest mistake would have been if you had decided to keep it hidden and not share it. that would have destroyed your trading .... well done on being brave and sharing this image...

Perhaps you fully understand now why I don't want beginners to start m1 trading? perhaps you understand now I was insisting that you do the h1 training with us before you start m1? M1 has its benefits but this is one of the disadvantage. But hey as long as you manage your risk per trade under 2% and don't go risk crazy you'll still have 90% of your capital to trade and grow again...

[immy]

You have been BANNED from Trading The HUNT Signals on M1 until further notice...

You must complete 5 batches of T20 on Setup 1 and then we shall see.

Reduce your LOT sizes to .5% instead of 1% for first T20.

[Jozef]

T20_M1_6 DAX

Trade 1/1
S1 it was a big box
result BE
DS1

I took this trade. It was S1 setup with big box. It was titen later so I used -10 SL. Than I moved Sl about trigger candle and BE after 10 plus. TP was around TZ it was 2R. Good manage. I am happy. It was after disaster day. Back to real trade mud.

[immy]

good trade, i did the same... skype is RIP ... Thank you Microsoft

as I write its now broken down and dropping like shit ... the fecking market aye

[Jozef]

T20_M5_ FRUIT

1.2.2018
campaign 1/1

exit at first BOX

I took this fruit. I was a little tricky but worked. There was not Add on. It is start going sideways.

Result DS1

Campaign 2/2
Initial SL
I took it after good move but it was not end of wave. When I look at the picture I can clearly see where I make a mistake. It was during Stage2. OK NEXT DS 1

Campaign 3/3

trail BOX
I move SL under box. There was a big move down. There is possibility continue. It is better to go out not hold open positions during night.
DS1

[immy]

Stop and Reverse Concept is very useful.

I'm sure I've covered this in the Fruit eBook.

I must say, I'm really proud of the Fruit eBook. I did not discover the method, its Bill Williams who did it. But how we got it covered in the eBook really makes me happy. Its been 5 years since it was created I think.

But as we go along with the Fruit T20's we learn a lot.

[immy]

Days Like THESE ...

[Jozef]

It was nice lesson yesterday. Thanks