Читать книгу The Trader's Pendulum - Samuels Jody - Страница 16

One day, as Stacey was feeding Brad Jr. and watching Bloomberg Financial News, she glanced over at her laptop computer. She noticed that her last trade was stopped out for a slight loss. She opened up her trading journal and clicked on a worksheet where she tracked her trades. She took a screenshot of the well-documented chart and pasted it on the worksheet, and then analyzed the trade.

Stacey posted the losing trade and the $120 loss into another spreadsheet called “the P&L and Win/Loss Ratio.” She looked at the running P&L column and then at the Win/Loss column. This told her that she was holding around her 68 percent trade wins and her profits were slightly behind this month's goal.

After putting Brad Jr. down for his nap, she went over the trade again to examine in detail what had happened. From previous experience, she learned that she was guilty of not being patient enough to wait for confirmation before entering a position. She was not upset about this, because she knew that all she had to do was to remind herself more often to execute her trades with patience.

At the end of her day, after reviewing her trading activities, she logged on to her trading coach's website and entered the chat room. She posted the screenshot of the chart of her losing trade and asked her fellow traders: “Do you think this was a viable trade according to this setup?” She got up and went about some of her household chores and periodically checked to see if there was any response to her question. As expected, she received the valuable feedback she was looking for.

Stacey paid a sizable fee for the guidance from a veteran coach, and used his website to network with fellow traders, exchange ideas and tips with them, and receive support and motivation when she needed it. She knew the hefty sum that she had been paying for all this was a sensible investment.